Semiconductor Rally Lifts Korea Market Cap to 7,088 Trillion Won

In the 11 months since the Lee Jae-myung administration took office, the market capitalization of Korea’s domestic stock market rose from 2,597 trillion won to 7,088 trillion won, an increase of about 4,500 trillion won. Samsung Electronics and SK Hynix, the country’s leading semiconductor stocks, were at the center of the advance. According to the original report, the two shares jumped 56% over the period and led the expansion in total market value. By group, SK Group overtook LG and Hyundai Motor Group to settle in second place by market capitalization. Hyosung, Mirae Asset and LS also strengthened, adding momentum to the broader market rise. The figures cited are limited to the reported market-cap changes and key stock gains. Source: mk.co.kr