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Stocks included in MSCI extend falls

EcoPro, JYP, Hanwha Ocean and Hanmi Semiconductor suffered sharp declines on Monday, returning part of their recent gains driven by earlier expectations over their much-awaited inclusion in the MSCI Korea Index. ....

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Kakao Pay unlikely to join MSCI due to falling stock price

Kakao Pay is unlikely to join the MSCI index in November due to the firm s rapidly-falling market capitalization, market analysts said Friday. The mobile payment and digital wallet affiliate of tech giant Kakao had been widely anticipated to be included in the index after it went public on the benchmark KOSPI last year. But given the increasing market volatility here, the firm s possible inclusion in the index appears unlikely for the time being, according to experts. ....

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