S.Korea bourse’s planned cap on index weighting seen forcing sales of Samsung
Funds tracking South Korea’s KOSPI
200 index will be forced to sell up to $685 million worth of
shares of Samsung Electronics when the bourse lowers the maximum
weighting of any single stock to 30% later this year, fund
managers and analysts estimated.
200 index will be forced to sell up to $685 million worth of
shares of Samsung Electronics when the bourse lowers the maximum
weighting of any single stock to 30% later this year, fund
managers and analysts estimated.
Posted by Reuters
