To stabilize markets, which have swung wildly in recent days, some countries have started to curb short selling, where traders bet a stock will fall. On Friday, South Korea banned short selling in three markets, including its benchmark Kospi Index, which has fallen 19% this year. The ban will last six months, from Monday through Sept. 15. Italy and the U.K. similarly banned short selling of 85 shares, and Spain banned shorting of 69 shares whose prices fell past a certain threshold during Thursday’s trading session. Bans for...
Source: Wall Street Journal March 13, 2020 15:11 UTC