Economy / South Korea
No FTSE Upgrade For Taiex, Kospi
September 2004 | Market StrategyGlobal index compiler FTSE has decided against upgrading the status of the Taiwanese and South Korean stock markets from "advanced emerging" to "developed". Both bourses will remain on a watch list for possible promotion in the future, and their categorisation will be reviewed again in September 2005. However, even if FTSE upgrades these markets a year from now, this will not take effect until March 2006. Meanwhile, FTSE also said that China's A-shares would not be included in its Global Equity Index Series.
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Emerging Markets Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Emerging Markets Monitor please click on the trial link below.
