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What Is the KOSPI, and Why Does It Matter?
A Guide to Korea's Composite Stock Price Index
Overview
The Korea Composite Stock Price Index (KOSPI) is the benchmark stock market index for South Korea. It is a capitalization-weighted index of all common stocks traded on the Korea Exchange. The KOSPI is widely used by investors to track the performance of the South Korean stock market.
History
The KOSPI was established in 1983 and is composed of the top 200 companies in the South Korean stock market.
The KOSPI has grown steadily over time and reached a record high of 3302.44 in 2021.
Importance
The KOSPI is an important indicator of the health of the South Korean economy.
It is also used by investors to make investment decisions and track their portfolio performance.
News and Data
Conclusion
The KOSPI is a vital indicator of the health of the South Korean stock market. It is used by investors to track the performance of the market and make investment decisions.