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소아쌤

Korea’s stock market cap rank rises

By 윤정현

Published : July 25, 2016 - 11:13

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[THE INVESTOR]The Korean stock market capitalization has grown 2.3 percent this year to rank as the world’s 14th despite the internal and external challenges, data showed on July 25.

The combined market cap of local firms listed on the main and secondary bourse came to US$1.26 trillion at the end of June, up from $1.23 trillion recorded half a year earlier, according to the Korea Exchange.

The increase pushed up Korea’s ranking by one notch to 14th in stock market value.

Korea Exchange Korea Exchange


The global stock market cap fell 1.3 percent to $66.3 trillion during the same period, the World Federation of Exchange said.

The New York Stock Exchange saw its value jump 5.2 percent amid signs of a rebound in the US economy, while many Asian and European stock market caps suffered declines.

The Japan Exchange Group and the Shanghai Stock Exchange shrank 4.26 percent and 16.99 percent, respectively, in the first half of the year.

(theinvestor@heraldcorp.com)

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