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South Korea Stocks Jump as Nation Reimposes Ban on Short-Selling

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South Korean stocks surged following the nation’s move to reimpose a full ban on short-selling for about eight months as authorities look to stomp out illegal use of the trading tactic in order to curb market turmoil.

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South Korea to Ban Short-Selling of Stocks Until June Next YearSouth Korea will prohibit stock short-selling from Monday until June 2024 to allow regulators to “actively” improve rules and systems, the Financial Services Commission said Sunday.
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South Korea to Ban Short-Selling of Stocks Until June Next Year(Bloomberg) -- South Korea will prohibit stock short-selling from Monday until June 2024 to allow regulators to “actively” improve rules and systems, the...
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