Finance

South Korean stocks enter era of 400 trillion won ETFs and 5,000 trillion won market cap, but Middle East risk remains

South Korea\'s stock market capitalisation climbed back above 5,000 trillion won after absorbing the shock from the Middle East war, and exchange-traded fund net assets exceeded 400 trillion won for the first time. The market has swung with Middle East-related news and oil prices since late March. Personal funds flowing into equities have increased, while the government is pushing market reforms tied to a bid to join MSCI\'s developed markets index.

Finance

KOSPI market value tops 5,000 trillion won again as Samsung Electronics, SK Hynix take 41.54 percent

South Korea\'s KOSPI reclaimed the 6,100 level on April 15, pushing total market value back above 5,000 trillion won. As of 9:25 a.m., the combined market capitalisation of KSE-listed firms stood at 5,025.96 trillion won, up by more than 1,300 trillion won from the previous day. Samsung Electronics and SK Hynix together accounted for about 41.54 percent of the KOSPI\'s total value.