Politics in the Zeros. The politics of progress; cleantech, the economy. anti-war

Posts Tagged ‘short selling’

How not to steady the markets

The Pakistan stock market recently dropped off a cliff so the government banned short selling for a month then pumped $446 million into the market. They also decreed that prices could not fall more than 1% a day. This of course forced the market up.
Traders there no doubt were overjoyed by this gift of free [...]