SK Telecom

SK Telecom (017670 KS): Implications of Zero Foreign Room

Event-Driven
402 Views, 20 May 2022 06:42
EXECUTIVE SUMMARY
  • Foreign investors hold 106.51m shares of SK Telecom (017670 KS) versus a limit of 107.23m shares. There are only 723k more shares (1 day of ADV) available for foreign buying.
  • MSCI will delete SK Telecom (017670 KS) from its indices once the foreign room reaches zero, while FTSE will likely reduce the investability weight in two tranches of 5% each.
  • SK Telecom (017670 KS) could continue underperforming KT Corp (030200 KS) in the short-term due to passive selling and inability of foreign investors to buy the stock.
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Brian Freitas
Pan-Asia Index Rebalances/Events/Delta One
Periscope Analytics
IndiaEquitiesEvent-DrivenQuantitative Analysis

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian... 

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