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South Korea stocks surge more than 5% for best session since March 2020 after short-selling ban - TL;DR CNBC

South Korea stocks surge more than 5% for best session since March 2020 after short-selling ban

Publishing timestamp: 2023-11-06 02:45:23


Summary

South Korea stocks surged after the country re-imposed a ban on short selling until June 2024. The ban will restrict short selling of all Kospi, Kosdaq, and Konex listed stocks. The article also mentions the soft U.S. jobs report, the booming office market in South Korea, the third-quarter profit jump of DBS Group, and the upturn in the semiconductor industry.


Sentiment: MIXED

Tickers: .SPXAAPLTLTMSFTMETA@CL.1.DXYNVDAAUD=GOOGL.SSECTSLADBSM-SG.SZI.AXJO.N225.HSI.KS11.DJI.IXIC@LCO.1AMZNJPY=

Keywords: business newspricesnikkei 225 indexworld marketsdxy us dollar currency indexshenzhen component indexshanghaiaustralian dollar/us dollar fx spot ratebreaking news: asiaice brent crude (apr'23)australias&p/asx 200breaking news: marketshang seng indexasia economymarketskospi indexusd/jpyeconomic eventswti crude (mar'23)

Source: https://www.cnbc.com/2023/11/06/asia-stock-markets-live-updates.html


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