Seoul: The total market capitalization of the South Korean stock exchange surpassed the 6,000 trillion won mark (approximately $4.06 trillion) for the first time, fueled by significant gains in the main stock indices and an increasing investor interest in technology stocks.
According to Qatar News Agency, the total market capitalization hit 6,031 trillion won, spread across its three main markets: the KOSPI market, the KOSDAQ market which focuses on technology companies, and the CONEX market, dedicated to innovative small and medium-sized enterprises, as reported by the Korea Exchange.
The data indicates that the KOSPI market accounted for the largest share with a market value of 5,354 trillion won. Meanwhile, the market values of the KOSDAQ index market and the CONEX index market reached 673 trillion won and 3.63 trillion won, respectively.
The KOSPI index achieved new record highs, climbing to 6,565.73 points at the opening of trading, while the KOSDAQ index surpassed the 1,200-point mark, reaching its highest level in years.