KRX Flags 151 Low-PBR Firms, Sparking Rally That Quickly Fades
The Korea Exchange (KRX) began publishing a list of 151 companies with low price-to-book ratios (PBR) on Nov. 2, following its announcement of the initiative a day earlier. The list comprises 96 KOSPI-listed companies and 55 KOSDAQ-listed companies. It includes firms whose PBRs have remained in the
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