# South Korea overtakes UK to become world’s eighth-largest stock market.

*semiconductor · news · 2026-04-28 · CNBC TV18*

## Key points

- South Korea's stock market surpassed the UK, reaching $4.04 trillion in capitalization this year.
- Samsung Electronics and SK Hynix now make up over 40% of Korea's Kospi index market cap.
- President Lee Jae Myung's corporate governance reforms have contributed to Korea's stock rally.
- Goldman Sachs increased its Kospi target to 8,000, citing a 200% jump in 2026 earnings projection.
- South Korea's market value doubled in less than a year, overtaking the UK's for the first time.

**Companies:** Samsung Electronics, SK Hynix, Taiwan Semiconductor Manufacturing Co., Goldman Sachs Group Inc.
**Countries:** South Korea, United Kingdom, Taiwan

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/south-korea-overtakes-uk-to-become-worlds-eighth-largest-stock-market-ws-l-19894484.htm)

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