Shares of South Korea ADRs, ETFs Rise Following Government Ban On Short Selling Through First Half of Next Year
Portfolio Pulse from Charles Gross
South Korean ADRs and ETFs, including EWY, KB, KORU, LPL, PKX, and SSNLF, have seen a rise in their shares following the government's decision to ban short selling through the first half of next year.
November 06, 2023 | 10:46 am
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POSITIVE IMPACT
EWY's stock price has risen due to the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of EWY's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
KB's stock price has increased following the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of KB's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
KORU's stock price has risen due to the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of KORU's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
LPL's stock price has increased following the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of LPL's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
PKX's stock price has risen due to the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of PKX's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SSNLF's stock price has increased following the South Korean government's ban on short selling.
The ban on short selling in South Korea has led to a rise in the price of SSNLF's shares. This is because the ban reduces the downward pressure on the stock price, leading to a potential increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100