As of 11:35 am Thursday, 19 December 2024 (GMT+9), the Korea Composite Stock Price Index (KOSPI) fell by 40.77 points or 1.64%, trading at 2,443.67 KRW.
The market opened at 2,426.55 KRW, with the index ranging between 2,423.59 KRW and 2,447.97 KRW so far today.
About KOSPI
The KOSPI, a capitalization-weighted index encompassing all common shares listed on the Korea Stock Exchange, declined from its previous close of 2,484.44 KRW.
First introduced in 1983 with a base value of 100, the KOSPI index tracks the performance of major companies, including Samsung Electronics and Hyundai Motor, which are pivotal to the index’s movement. Given its role in providing insights into the South Korean economy and broader Asian markets, the KOSPI remains a vital indicator for market watchers.
Disclaimer: This article is for informational purposes only and does not constitute financial advice or recommendations.