[경제]Resumption of short selling…

[앵커]

As short selling partially resumes from May 3, interest is growing early on how it will affect the stock price.

Experts advise that stocks that are expected to have a negative impact should be cleared first, as the impact on the KOSDAQ will be greater than on the KOSPI.

Reporter Lee Jong-soo on the report.

[기자]

Short selling will be partially resumed from May 3, amid controversy over the fact that the political judgment taking into account the re-election by-election on April 7.

Mainly large stocks, it will resume from 200 KOSPI and 150 KOSDAQ.

Although it is a partial resumption of short selling, there are a few experts who believe that the effect of a full allowance will occur.

In addition, it is analyzed that the impact of short selling will be more evident in KOSDAQ, where the proportion of individual investors is higher than KOSPI.

[황세운 / 자본시장연구원 연구위원 : 코스피에 비해서는 조금 더 시장규모가 작은 코스닥 시장에서는 일시적 가격조정 현상이 나타날 수 있겠습니다만 길게 이어지기는 어렵다고 예상해 볼 수 있죠.]

In Korea, short selling was banned for eight months from October 2008 and three months in 2011.

In both cases, the increase in the balance balance, which is the amount that investors did not repay after borrowing stock from KOSDAQ, was more noticeable than the KOSPI.

During the 2008-2009 short selling ban, the stock price fell.

On the other hand, the stock price rose in 2011.

Experts say that short selling doesn’t determine the stock market trend.

However, as it is a disadvantage for individual investors, it is said that it may be a factor to dampen investment sentiment.

Along with this, some advice is given that stocks that will have a negative impact upon resuming short selling should be cleared first.

In the case of the bio industry or health care industry, there is a high possibility that the increase will be returned when short selling is resumed.

[황세운 / 자본시장연구원 연구위원 : 그동안 주가 급등세가 나타나고 조금 버블에 대한 우려가 있는 종목이라면 공매도세가 집중될 가능성을 배제하기는 어렵습니다.]

On the other hand, among the stocks with large market caps and active short selling, those that do not resume short selling even in May are analyzed to be positive in investor sentiment because they are free from fear of short selling.

YTN Jongsoo Lee[[email protected]]is.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]