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South Korea Stock Market Surpasses UK to Become Worlds Eighth Largest
Data compiled by Bloomberg show that the South Korea stock market has overtaken the United Kingdom to become the worlds eighth-largest equity market, supported by strong momentum ...
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South Korea Stock Market Surpasses UK to Become Worlds Eighth Largest
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Data compiled by Bloomberg show that the South Korea stock market has overtaken the United Kingdom to become the worlds eighth-largest equity market, supported by strong momentum in AI-related sectors. This year, the total market capitalization of South Korea-listed companies has surged by more than 45% to USD4.04 trillion, while the total market capitalization of UK-listed companies has risen by about 3% to USD3.99 trillion. At the end of 2024, the size of the UK stock market was roughly double that of South Koreas.

The sharp rally in South Korea equities has been mainly driven by gains in Samsung Electronics and SK Hynix. The two chip giants currently account for more than 40% of the total market capitalization of the KOSPI Index. Morgan Asset Management said the rapid rise of the South Korea and Taiwan stock markets reflects a structural rebalancing of global equity markets, with growth driven not by tactical asset allocation but by their leading positions in AI hardware.

The KOSPI Index continued to advance this morning (28th), rising 1.35% to 6,704 points. (mn/j)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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