1.8 tln won traded in first KRX after-hours stock trading session
A total of 1.8 trillion won ($1.33 billion) worth of stocks were traded during South Korea's first after-hours stock trading session Monday, the Korea Exchange (KRX) said. On the first day of the new session, investors were able to trade stocks listed on the benchmark Korea Composite Stock Price Index (KOSPI) and the tech-heavy Kosdaq in real time for four hours from 4 p.m. to 8 p.m., following…
South Korean stocks saw significant trading activity in their inaugural after-hours session on Monday, with a total of 1.8 trillion won ($1.33 billion) exchanged, according to the Korea Exchange (KRX). The four-hour window, from 4 p.m. to 8 p.m., allowed investors to trade stocks on the KOSPI and Kosdaq indices following the regular trading day, which runs from 9 a.m. to 3:30 p.m. Major U.S. exchanges like Nasdaq plan to introduce 23-hour trading by year-end, creating pressure for the KRX to compete on a global scale.
During the after-hours session, 72.24 million shares, worth 1.82 trillion won, changed hands on the KOSPI and Kosdaq, comprising 8.03 percent and 7.05 percent of the 900 million shares, valued at 25.8 trillion won, traded during the regular session. Previously, after-hours trading was limited to the Nextrade alternative trading system until 3:40 p.m.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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