South Korea mulling easing daily limit in stock market
South Korea
Seoul - Yonhap
South Korea is pushing to ease or lift the current daily limit imposed on stock price movements as part of efforts to stimulate the country's stock market, a local media report said Wednesday.
According to the daily JoongAng Ilbo, who cited sources from financial authorities, the government is pushing to phase out the 15 percent daily limit in stock price fluctuations. It said the government could announce its position later this month or in August in a meeting chaired by President Park Geun-hye.
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