The Korea Stock Exchange is part of the Korea Exchange with the ticker (KRX). The Korea Exchange has markets in different securities like equities and bonds and it’s the only operator in South Korea.
Korea Stock Exchange Explained
The Korea Exchange lists more than 2,400 companies with a total market cap of $2.6 trillion. The trading sessions are much like the other stock markets in the world with an opening at 9 am in the morning and a closing at 3:30 pm in the afternoon from Monday to Friday.
Like for the US we have the S&P500 index, the Korea Exchange has the KOSPI index that comprises all the common stocks traded on the Stock Market division, and it’s calculated based on market capitalisation like the S&P500.
The biggest companies in the index by market cap are Samsung, LG Energy Solution, SK Hynix, Samsung Biologics, LG Chem and Hyundai.
