Cryptocurrency Q&A
What is the S&P 500 equivalent in Korea?
What is the S&P 500 equivalent in Korea?
Martina
Wed Oct 23 2024
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5 answers
1011
I'm looking for the Korean equivalent of the S&P 500 index in the United States. I want to know which index in Korea serves as a similar benchmark for the stock market performance in that country.
5 answers
alexander_watson_astronaut
Fri Oct 25 2024
The Korea Composite Stock Price Index (KOSPI) holds a significant position in the South Korean financial market.
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CoinMasterMind
Fri Oct 25 2024
It serves as the benchmark stock market index for the country, similar to how the S&P 500 functions in the United States.
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Giuseppe
Fri Oct 25 2024
The inception of KOSPI dates back to 1983, with a base value set at 100, referencing the market conditions on 4 January 1980.
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CryptoQueen
Thu Oct 24 2024
The index is computed using a methodology that takes into account the market capitalization of the constituent companies.
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noah_harrison_philosopher
Thu Oct 24 2024
This ensures that KOSPI reflects the overall performance and health of the South Korean stock market.
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