In today’s briefing:
- MSCI Korea Standard: Constituents with Index Up/Down-Weight in May SAIR
MSCI Korea Standard: Constituents with Index Up/Down-Weight in May SAIR
- Woori Financial has a 15%p upward adjustment in its float rate. The other 15 constituents will get a 5%p upward adjustment. We then have nine constituents suffering a 5%p drop.
- We need to approach them with LONG/SHORT basket trading. However, some have recently shown excessive price volatility, so we should consider setting a basket excluding those with relatively large fluctuations
- Another thing to consider is the coupling effect with the KOSPI 200 inflow. Since the lag gap between the two is not large, we expect a substantial coupling effect.
Before it’s here, it’s on Smartkarma
