In today’s briefing:
- A Crash in 2 More Korean Stocks Related to CFD Derivatives: Margin Calls Again
A Crash in 2 More Korean Stocks Related to CFD Derivatives: Margin Calls Again
- In this insight, we discuss two stocks in Korea, Dong Yang P&F and Shindaeyang Paper, whose share prices declined sharply on 12 May.
- It appears that the main culprit behind their collapse in share price appears to be unwinding of the excessive leverage (especially CFD derivatives trading).
- Post the sharp decline in their share price for DYPNF and Shindeyang Paper on 12 May, further downside is likely on these stocks in the coming weeks.
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