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KOSPI Market Cap Reclaims 7 Quadrillion Won Mark After 7 Trading Days

KOSPI Market Cap Reclaims 7 Quadrillion Won Mark After 7 Trading Days
▲ The KOSPI index is displayed on the dealing room board at Hana Bank in Jung-gu, Seoul, on June 15, as the market opened higher following the agreement to end the war between the U.S. and Iran.

The KOSPI market capitalization has surpassed 7 quadrillion won once again as the index surged today (June 15) following the agreement to end the war between the United States and Iran.

According to Koscom Check, the total market capitalization of the KOSPI stood at 7.033417 quadrillion won as of 9:36 a.m. today.

The KOSPI first broke through the 7 quadrillion won mark in market capitalization on June 1, reaching 7.204509 quadrillion won, driven by strength in the semiconductor sector.

Although it subsequently fell back into the 6 quadrillion won range due to concerns over the Middle East conflict, the market has reclaimed the 7 quadrillion won level in seven trading days, supported by a sharp rise in stock prices during today's session.

At the same time, the KOSPI was trading at 8,588.17, up 464.44 points (5.72%) from the previous trading session.

The index opened at 8,526.12, up 402.50 points (4.95%), and at one point climbed as high as 8,603.48 (5.91%).

Meanwhile, the market capitalization of Samsung Electronics (5.27%) currently stands at 1.9848116 quadrillion won, accounting for 28.24% of the KOSPI.

It is on the verge of reclaiming a market capitalization of 2 quadrillion won.

The market capitalization of SK Hynix (7.51%) is 1.6474115 quadrillion won, which represents 23.44% of the total KOSPI market capitalization.

(Photo: Yonhap News)
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