Korean-listed companies top $679.7 million market cap as KOSPI hits record
Updated
Updated · 코리아타임스 · May 3
Korean-listed companies top $679.7 million market cap as KOSPI hits record
1 articles · Updated · 코리아타임스 · May 3
Korea Exchange data showed 405 firms above 1 trillion won by Wednesday, including 267 on KOSPI, 137 on KOSDAQ and one on KONEX; 79 topped 10 trillion won.
The benchmark KOSPI closed at an all-time high of 6,690.9 after a recent rally driven by revived AI enthusiasm ahead of the corporate earnings season.
The figures mark a sharp rebound from 377 companies on Feb. 27, before US and Israeli strikes on Iran, after the market had fallen as much as 12% in one session.
Is Korea's record market rally a sustainable new era, or a semiconductor bubble waiting to burst?
With tech giants driving record highs, will this boom lift all boats or widen South Korea's wealth gap?
As Korea's HBM chips become the new 'oil' for AI, how will this reshape its global strategic power?