Hostile takeovers 'most important tool' to normalize Korean stock market, Lee says
Published . Updated .
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This report is about South Korea.
Directly affected
- No company is named in this report.
Indirectly affected
- EWY iShares MSCI South Korea ETF
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”).
- SKHY SK hynix
SK hynix (semiconductors and related devices) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares.
- KB KB Financial Group
KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares.
- SHG Shinhan Financial Group
Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares.
- PKX POSCO Holdings
POSCO Holdings (steel works, blast furnaces and rolling mills (coke ovens)) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWY | -5.77% | -4.26% | base | after close | after close | after close | after close |
| SKHY | -7.68% | -5.89% | base | after close | after close | after close | after close |
| KB | -1.96% | +0.20% | base | after close | after close | after close | after close |
| SHG | -0.64% | +0.27% | base | after close | after close | after close | after close |
| PKX | -3.00% | -1.71% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Hostile takeovers 'most important tool' to normalize Korean stock market, Lee says The Korea Herald
Source: The Korea Herald
This story
| Company | When | Move | Status |
|---|---|---|---|
| EWY | three days earlier | -4.26% | final price |
| EWY | five days earlier | -5.77% | final price |
| KB | three days earlier | +0.20% | final price |
| KB | five days earlier | -1.96% | final price |
| PKX | three days earlier | -1.71% | final price |
| PKX | five days earlier | -3.00% | final price |
| SHG | three days earlier | +0.27% | final price |
| SHG | five days earlier | -0.64% | final price |
| SKHY | three days earlier | -5.89% | final price |
| SKHY | five days earlier | -7.68% | final price |
This story
12 out of 100
“Hostile takeovers 'most important tool' to normalize Korean stock market, Lee says” scores 12 out of 100. The score uses 1 sources.