KOSPI Index

Korean Composite Stock Price Indexes (KOSPI) refers to a chain of indexes that song the general Korean Stock Exchange and its additives. Each of the KOSPI indexes are capitalization-weighted marketplace averages. The best-regarded of those indexes is the KOSPI 2 hundred, which accommodates the 2 hundred biggest publicly-traded not unusualplace shares traded in Korea, monitoring kind of 70% of the marketplace fee of the general Korean Stock Exchange.1 The KOSPI 2 hundred is used as a difficult benchmark whilst traders or buyers seek advice from the overall performance of the Korean Exchange. For this reason, and due to the fact its additives are large-cap shares, humans evaluate the KOSPI 2 hundred to the S&P 500 withinside the United States.

The KOSPI 2 hundred started out buying and selling on the begin of January in 1983 at a fee of 122.52.1 Its base fee, listed to January 4, 1980, is 100. The KOSPI 2 hundred rose greater than 8-fold to a fee of greater than 1,000 via way of means of April of 1989, kind of years following the Asian monetary crisis. The index fee surged to 1,997.06 via way of means of its thirtieth birthday on the stop of 2012, trailing handiest the Hong Kong Stock Exchange and Taiwan Stock Exchange over the identical time frame. The KOSPI 2 hundred index stood at kind of 2,470 via way of means of mid-2018, up greater than 20-fold when you consider that its introduction.