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South Korea overtakes UK to become world’s eighth-largest stock market.
South Korea's stock market surpassed the UK, reaching $4.04 trillion in capitalization this year.
KEY POINTS
- 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
Summarized by Newsio from CNBC TV18. How we summarize →