KOSPI INDEX
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Kospi Index Overview
Korea composite stock price index is commonly known as kospi index. It is stock price index of South Korea.
Kospi index was launched in 1983. It tracks all the stock listed in Korean exchange (KRX).
since it is a very important stock index of South Korea that is why both domestic and international investor closely observe it.
Introduction
Korean stock price index measure the overall performance of the stocks market of South korea.
There are almost more than 800 stocks listed in this index and it represents the performance of all the stocks.
KOSPI Stock Index
KOSPI is the primary stock price index of South Korea. It stands for Korea Composite Stock Price Index. KOSPI generally tracks the performance of all the large companies listed under the Korea Exchange (KRX). As I have already mentioned, larger companies on KOSPI have greater influence on the index.
All the blue-chip stocks are listed under this index. Due to its great importance, most prominent investors follow the KOSPI index.
Major stocks are listed under the KOSPI index:
Samsung Electronics – It is one of the largest electronic companies in the world. It is involved in electronic sigment, mobile devices manufacturing semiconductors, and home appliances. Since it is a very large company, it has greater influence on the KOSPI index.
SK Hynix – It is a well known chip manufacturing company, which is also a key player in the global semiconductor industry.
Hyundai Motors – Hyundai is a very popular automobile manufacturing company. It has a wide range of vehicles, both electric and non-electric segments.
LG Chem – A well-known chemical and battery manufacturing company.
POSCO – It stands for Pohang Iron and Steel Company. It is one of the largest steel manufacturing companies in the world. Being a backbone of Korea’s industrial development, it plays a key role in the KOSPI index.