South Korean shares hit near two-month low after short-selling ban fully lifted

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SEOUL: South Korea shares fell to the lowest level in nearly two months on Monday in the first day of trading after it fully lifted a five-year ban on short-selling that has hindered its inclusion in MSCI's developed market index.

The benchmark KOSPI traded down 2.2% as of 0130 GMT on Monday, after falling as much as 2.8% to hit its lowest intraday level since February 4.