Big Change For Stock Exchange

The Korea stock exchange will change in many aspects from December 7. Beginning next week, the stock exchange will not be open on Saturdays and the hours will be extended by one hour. The hours of operation in the morning will change from the existing 9:30 to 11:30 to 9:00 to 12:00.
The stock price ceiling change will expand from 12% to 15%. The ceiling has expanded from 6% in 1995 to 8% in November 1996 to 12% in March 1998. Profits as well as risks will increase.
Stock trading suspensions will be newly introduced. If the composite stock index decreases by 10% from the previous day for one minute, trading will be suspended for 30 minutes. This new system is aimed at giving the market room to stabilize.
Additionally, the composite stock index will be calculated every 30 seconds. The existing calculation time was every one minute.