POSCO Holdings shares are trading higher after South Korea banned short selling through the first half of 2024
Portfolio Pulse from Luke J Jacobi
South Korea has banned short selling through the first half of 2024, leading to a rise in the shares of POSCO Holdings.
November 06, 2023 | 1:06 pm
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POSITIVE IMPACT
POSCO Holdings' shares are trading higher following South Korea's ban on short selling until mid-2024.
The ban on short selling in South Korea reduces the downward pressure on stocks, potentially leading to higher prices. As a result, POSCO Holdings' shares are trading higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100