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South Korea's key market index fell nearly 10% in 2024 amid political turmoil and a plane crash. The Kospi index's sharp decline in 2024 contrasts with a 19% rise in 2023.
On Wednesday, South Korea's Kospi Index fell as much as 2.2% and closed 1.4% lower. The Kospi is already the worst-performing major Asian stock index this year, down about 7%.
South Korean stocks slid 2.8%, while the won currency weakened, even as authorities pledged all-out efforts to stabilise financial markets amid uncertainty over the fate of President Yoon Suk Yeol.
The Korea Composite Stock Price Index or KOSPI (Korean: 한국종합주가지수) is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, analogous to the S&P 500 in the United States.
Korea Exchange; 한국거래소: Type: Stock exchange: Location: Busan & Seoul, South Korea: Coordinates (Busan): Founded: 1956; 69 years ago (): Key people: Sohn Byung-doo (Chairman & CEO): Currency: South Korean won: No. of listings: 2,445 (as of May 2021) [1]: Market cap: ₩2,604 trillion KRW ($2.3 trillion USD) [2]: Indices: KOSPI KOSPI 200 KOSDAQ: Website: www.krx.co.kr global.krx.co.kr ...
The Korean Securities Dealers Automated Quotations (KOSDAQ; Korean: 코스닥) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. [1] Initially set up by Korea Financial Investment Association as an independent stock market from the Korean Stock Exchange, it was benchmarked from the American counterpart, NASDAQ.
South Korean stocks slid 2.8% even as authorities pledged all-out efforts to stabilise financial markets amid uncertainty over the fate of President Yoon Suk Yeol.
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]