South Korea unveils measures aimed at boosting stock markets, tackling 'Korea discount'
Publishing timestamp: 2024-02-26 01:01:13
Summary
South Korea's Financial Services Commission announced a "Corporate Value-up Program" to boost shareholder returns and address the undervaluation of the country's stock markets, taking inspiration from Japan's successful measures. The program includes incentives like tax benefits and the introduction of a "Korea Value-up Index" for institutional investors. However, some investors remain cautious about Korean stocks due to perceived risks and lack of detail in the program.
Sentiment: NEUTRAL
Keywords: nikkei 225 index, stock markets, asia news, kospi index, currency markets, business news, asia economy,