MSCI said Friday that South Korea’s short-selling accessibility has improved, with no major issues remaining — a positive sign ahead of next week’s market classification review.
South Korea is currently classified as an emerging market by MSCI, despite meeting many developed-market criteria. Investors are hoping the country will be added to MSCI’s watch list for a future upgrade.
In March, South Korea fully lifted its five-year ban on short selling, a key move to address concerns long raised by foreign investors and MSCI.
In its annual review, MSCI upgraded South Korea’s short-selling rating from “–” (improvements needed) to “+” (no major issues, improvements possible).
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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