Summary
- The combined market capitalization of listed companies on South Korea’s stock market surpassed 6,000 trillion won for the first time.
- The Kospi and the Kosdaq index expanded overall market value after breaking above the 6,500 and 1,200 levels, respectively.
- The combined market capitalization of Samsung Electronics and SK Hynix accounted for 41.03%% of the Kospi’s total market capitalization.
Forecast Trend Report by Period
The combined market capitalization of companies listed on South Korea’s stock markets surpassed 6,000 trillion won for the first time.
As of 9:26 a.m. on April 27, the combined market value of companies listed on the Kospi stood at 5,365.103 trillion won, while the Kosdaq totaled 674.169 trillion won. Together, that amounted to 6,039.272 trillion won.
The total swelled as the Kosdaq joined the Kospi in setting fresh highs. The Kospi underwent a correction in March because of the war in the Middle East, then resumed its rally in April and first climbed above 6,500 during intraday trading on April 23. The Kosdaq rose above 1,200 on April 24 and set another intraday record on April 27.
Samsung Electronics, the market heavyweight, had a market capitalization of 1,292.0276 trillion won, while SK Hynix stood at 909.4082 trillion won. Together, the two accounted for 41.03% of the Kospi’s total market capitalization.
The Kosdaq, by contrast, had a more even market-value distribution. Ecopro, the market’s largest stock, accounted for 3.13% of the Kosdaq, while second-ranked Alteogen made up 3.01%. Ecopro BM followed with a 2.98% share.
Han Kyung-woo, Hankyung.com reporter, case@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
