Foreign investors dominate short sellers after South Korea lifts ban


Overseas investors accounted for 90.7% of total daily shorts by value in Kospi on Monday, betting against 738 billion won (US$659mil RM2.7bil) worth of stocks, according to the Korea Exchange.

SEOUL: South Korea lifted what was the world’s longest ban on short-selling on Monday, and foreign traders piled in.

Overseas investors accounted for 90.7% of total daily shorts by value in Kospi on Monday, betting against 738 billion won (US$659mil RM2.7bil) worth of stocks, according to the Korea Exchange.

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