▲ The KOSPI index is displayed on the dealing room board at Hana Bank in Jung-gu, Seoul, on June 19.
As the KOSPI continues its upward trend after breaking through the 9,000-point mark, the total market capitalization of the domestic stock market surpassed 8 quadrillion won for the first time in history on June 19.
As of 10:30 a.m. today, the combined market capitalization of the KOSPI and KOSDAQ stood at 8.2203276 quadrillion won.
According to the Korea Exchange, this is the first time the combined market capitalization of the KOSPI and KOSDAQ has exceeded 8 quadrillion won.
By market, the current KOSPI market capitalization is 7.6700618 quadrillion won, while the KOSDAQ stands at 550.2658 trillion won.
Previously, the domestic stock market's total market capitalization surpassed 6 quadrillion won for the first time on April 27, exceeded 7 quadrillion won eight trading days later on May 11, and has now broken through the 8 quadrillion won mark 26 trading days after that.
According to data from the World Federation of Exchanges (WFE) as of the end of May, when comparing the market capitalization of global stock exchanges converted into U.S. dollars, the Korea Exchange ranked 9th worldwide with 4.9494847 trillion dollars.
This placed it just behind the Toronto Stock Exchange (TMX) in Canada, which recorded 5.00335338 trillion dollars.
However, given that the KOSPI's return rate this month (6.93%) was significantly higher than Canada's S&P TSX (0.58%), it is expected that Korea has now overtaken Canada to rise to 8th place among exchanges.
When grouped by country and region rather than by individual exchange, Korea ranks 5th, following the Americas (U.S. and Canada), the Greater China region (China and Hong Kong), Japan, and Europe.
Currently, the KOSPI is at 9,336.96, up 303.12 points (3.34%).
The index started the day by hitting an all-time high of 9,288.89 and jumped to as high as 9,385.59 during early trading, successively breaking through the 9,200 and 9,300 levels for the first time today.
On this day, SK Hynix's market capitalization also surpassed 2 quadrillion won.
It is the second single stock in the domestic market to reach this milestone, following Samsung Electronics.
Samsung Electronics' market capitalization was recorded at 2.1733541 quadrillion won.
Its stock price rose 2.55% to 371,750 won, reaching an all-time high of 374,500 won during the session.
SK Hynix's market capitalization stands at 2.0511574 quadrillion won.
Its stock price rose 7.19% to 2,878,000 won, and its market capitalization surged as the stock hit an all-time high of 2,891,000 won, up 7.67%, during the session.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.