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South Korea has leapfrogged the UK to become the world's eighth-biggest stock market.
South Korea's stock market surpassed the UK's, reaching $4.04 trillion, up over 45% this year.
KEY POINTS
- Samsung Electronics and SK Hynix now comprise over 40% of the Kospi index's total market cap.
- Korean stock gains are driven by AI-related companies and government pro-market reforms.
- Goldman Sachs raised its Kospi target to 8,000, citing a projected 200% earnings growth by 2026.
COMPANIES
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