Investing
South Korea to Extend Stock Short-Selling Ban Until May 2
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South Korea bowed to pressure from its increasingly dominant retail investors and extended its pandemic-imposed ban on short-selling until May 2.
The ban, which had been scheduled to expire on March 15 -- a year after it was put on place -- will be lifted on May 3 for stocks on the benchmark Kospi 200 Index and the small-cap Kosdaq 150, the Financial Services Commission said in a statement on Wednesday.