Weekly SP500 ChartStorm - 01 August 2021 econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
As Korea Resumes Short-Selling, Stocks That Rose Most Take Hit
May 03 2021, 2:46 PM
May 03 2021, 11:27 AM
May 03 2021, 2:46 PM
(Bloomberg) Investors rushed to sell shares of some Korean biopharmaceutical companies which surged last year as the nation lifted the worldâs longest pandemic-imposed short-selling ban on Monday.
(Bloomberg) Investors rushed to sell shares of some Korean biopharmaceutical companies which surged last year as the nation lifted the worldâs longest pandemic-imposed short-selling ban on Monday.
The health-care sector slumped 4.9%, the biggest loser among Kospi 200âs sub-gauges. The group rallied 67% in 2020, the best performer of all. Drug developer Celltrion Inc. tanked 6.2%. HLB Inc. finished 4.2% lower as investors preemptively sold their holdings in the health-care company, according to Eugene Investment & Securities Co. analyst Han Byung-Hwa.