Daily BriefsSouth Korea

Daily Brief South Korea: Douzone Bizon and more

In today’s briefing:

  • KRX New Deal Index Rebalance Preview: A Change for Each Index

KRX New Deal Index Rebalance Preview: A Change for Each Index

By Brian Freitas

  • The review period for the September rebalance ends on 31 July, the changes will be announced towards end August and implemented at the close of trading on 7 September.
  • There is one change currently for each of the Secondary Battery, Bio, Internet and Game indices. Large stock price moves mean no changes for the BBIG Index currently.
  • Douzone Bizon (012510 KS) has flipped from a passive sell to a passive buy over the last month and the stock could move higher from here.

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