KOSPI

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KOSPI
base data
Country South Korea
Stock exchange Korea Exchange
ISIN KRD020020008
WKN A0G899
symbol KOSPI
RIC ^ KS11
Bloomberg code KOSPI <INDEX>
category Stock index
Type Price index
family KOSPI indices

KOSPI (코스피 지수) is a South Korean stock index that tracks the market capitalization of companies listed on the Korea Exchange (KRX) . KOSPI represents Ko rea Composite S tock P rice I ndex and has been used for the 1983rd It is defined in such a way that the index would have assumed the value 100 on January 4, 1980.

calculation

Korean spelling
Korean alphabet : 코스피 지수
Revised Romanization : Koseupi jisu
McCune-Reischauer : K'osŭp'i chisu

The KOSPI is a price index in which all corporations of the Korea Exchange (KRX) are listed. It reflects the development of the entire South Korean stock market. The index level is determined solely on the basis of share prices and only adjusted for income from subscription rights and special payments. The weighting is based on the market capitalization of the listed companies. Corporate actions such as stock splits have no (distorting) influence on the index. The calculation is updated every second during KRX trading hours from 9:00 a.m. to 3:00 p.m. local time (1:00 a.m. to 7:00 a.m. CET ).

history

20th century

KOSPI 1979-2012

The KOSPI was published for the first time in 1983 and was calculated back to an index value of 89.73 points by December 31, 1975. On August 19, 1987, the leading South Korean index closed at 500.73 points for the first time above the 500 point mark and on March 31, 1989 with 1,003.31 points for the first time above the limit of 1,000 points. On April 1, 1989 the KOSPI stood at 1,007.77 points. The profit since 1975 is 1,023.1 percent.

During the recession in the early 1990s, the index fell by 54.4 percent to August 21, 1992, to a closing level of 459.07 points. The economic recovery caused the KOSPI to rise again in the following three years. On October 14, 1995, the index ended trading at 1,016.77 points. That was an increase of 121.5 percent since August 1992.

The Asian crisis led to a large outflow of capital from South Korea. The KOSPI closed on June 16, 1998 at 280.00 points, its lowest level since January 12, 1987. The loss since October 1995 is 72.5 percent. By January 4, 2000, the index rose to a closing level of 1,059.04 points. That was an increase of 278.2 percent since June 1998.

21st century

On September 12, 2001, the leading South Korean index suffered the largest daily loss in its history with 12.02 percent. The reason was the terrorist attacks on September 11, 2001 in the USA.

After the speculative bubble burst in the technology sector ( dot-com bubble ), the KOSPI fell to a low of 468.76 points by September 17, 2001. That was a decrease of 55.7 percent since January 2000. September 17, 2001 marked the end of the downward trend. From autumn 2001 the index was on the way up again. On April 9, 2007, the KOSPI closed with 1,501.06 points for the first time above the limit of 1,500 points and on July 25, 2007 with 2,004.22 points for the first time above the 2,000 point mark. On October 31, 2007, the KOSPI marked a record level with a closing level of 2,064.85 points. That was an increase of 340.5 percent since September 2001.

In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the index began to decline again. From the third quarter of 2008, the crisis increasingly affected the real economy. As a result, share prices collapsed worldwide. The KOSPI reached a new low on October 24, 2008, when it ended trading at 938.75 points. This corresponds to a decrease of 54.5 percent since October 31, 2007.

October 24, 2008 marks the turning point of the downward trend. From autumn 2008 the index was on the way up again. On October 30, 2008 KOSPI achieved the largest daily profit in its history with 11.95 percent. On May 2, 2011, the leading South Korean index marked an all-time high with a closing level of 2,228.96 points. The profit since October 2008 is 137.4 percent.

The weakening of the global economy and the worsening of the euro crisis led to a collapse in the price of the South Korean benchmark index. On September 26, 2011 the KOSPI ended trading at 1,652.71 points. The loss since the high on May 2, 2011 is 25.8 percent. A recovery in prices led to increases in value on the stock market. On April 3, 2012, the index closed at 2,049.28 points, 24.0 percent higher than six months earlier.

Highs

The overview shows the all-time highs of the KOSPI.

  Points date
in the course of trading 2,607.10 January 2018

Milestones

The table shows the milestones of the KOSPI since 1980.

First
close
over 		Final
score in points 		date
100 100.00 4th January 1980
200 200.15 April 1, 1986
300 301.93 January 21, 1987
400 405.13 March 31, 1987
500 500.73 August 19, 1987
600 602.32 January 26, 1988
700 705.51 May 24, 1988
800 805.86 November 24, 1988
900 911.35 December 12, 1988
1,000 1,003.31 March 31, 1989
1,100 1,103.37 October 14, 1994
First
close
over 		Final
score in points 		date
1,200 1,206.41 September 26, 2005
1,300 1,305.98 December 1, 2005
1,400 1,402.11 January 4, 2006
1,500 1,501.06 April 9, 2007
1,600 1,603.56 May 11, 2007
1,700 1,700.91 May 31, 2007
1,800 1,806.88 June 18, 2007
1,900 1,909.75 July 12, 2007
2,000 2,004.22 July 25, 2007
2,100 2,108.17 January 14, 2011
2,200 2,216.00 April 25, 2011

The best days

The table shows the best days of KOSPI since 1980.

rank date Final
score in points 		Change
in points 		Change
in%
1 Oct 30, 2008 1,084.72 115.75 11.95
2 June 17, 1998 303.81 23.81 8.50
3 02nd Mar 2000 894.66 66.28 8.00
4th Dec 10, 1998 567.61 41.09 7.80
5 Dec 21, 1998 565.27 40.42 7.70
6th Jan. 30, 1998 558.33 39.69 7.65
7th Feb 14, 2002 796.18 56.52 7.64
8th 0Dec 8, 2008 1,105.05 76.92 7.48
9 Dec 15, 1997 385.80 25.98 7.22
10 June 18, 1998 325.49 21.68 7.14
12 0Jan. 4, 2001 558.02 34.59 7.02
12 0Dec. 4, 1997 405.81 26.50 6.99
13 0Dec 5, 1997 434.12 28.31 6.98
14th Dec 26, 1997 375.15 23.70 6.74
15th 0Nov 1, 2000 548.76 34.28 6.66
16 0Aug 9, 2000 710.23 44.15 6.63
17th June 10, 1999 856.06 52.60 6.55
18th Oct 15, 1998 368.74 22.61 6.53
19th Jan 15, 1998 505.98 30.85 6.49
20th Sep 24 1998 310.75 18.82 6.45
21st July 27, 1999 928.85 55.91 6.41
22nd Jan. 27, 1999 565.20 33.97 6.40
23 0Jan. 6, 1999 612.36 35.58 6.17
24 Oct 14, 2008 1,367.69 79.16 6.14
25th Sep 20 2000 606.08 34.91 6.11
26th Oct 22, 1997 601.32 34.47 6.08
27 0March 8 1999 571.84 32.65 6.06
28 Oct 20, 2000 545.97 30.93 6.01
29 0Nov 4, 1997 542.13 30.47 5.96
30th 0July 1, 1998 315.56 17.68 5.94
31 0Dec 5, 2001 688.31 38.41 5.91
32 Jan 28, 2009 1,157.98 64.58 5.91
33 May 31, 2000 731.88 40.62 5.88
34 Nov 21, 2008 1,003.73 55.04 5.80
35 July 29, 1999 998.71 54.25 5.74
36 Apr 19, 1999 766.59 41.45 5.72
37 Aug 20, 2007 1,731.27 93.20 5.69
38 25 Sep 2000 584.63 31.38 5.67
39 0June 7, 1999 842.32 44.82 5.62
40 Apr 18, 2000 747.30 39.58 5.59
41 Oct 28, 2008 999.16 52.71 5.57
42 0Oct 6, 1999 835.31 43.76 5.53
43 0Apr 7, 1998 459.58 23.66 5.43
44 July 16, 1998 330.35 16.93 5.40
45 June 28, 1982 121.71 6.23 5.39
46 May 30, 2000 691.26 35.33 5.39
47 Feb 12, 1999 551.77 27.78 5.30
48 Feb 19, 1998 513.45 25.72 5.27
49 0Nov 1, 1999 876.55 43.04 5.16
50 08 Sep 2008 1,476.65 72.27 5.15

The worst days

The table shows the worst days of the KOSPI since 1980.

rank date Final
score in points 		Change
in points 		Change
in%
1 Sep 12 2001 475.60 -64.97 −12.02
2 Apr 17, 2000 707.72 −93.17 −11.63
3 Oct 24, 2008 938.75 −110.96 −10.57
4th Oct 16, 2008 1,213.78 −126.50 −9.44
5 0Jan. 5, 1981 97.90 −8.97 −8.39
6th June 12, 1998 302.09 −26.61 −8.10
7th Sep 18 2000 577.56 −50.64 −8.06
8th 0Nov 6, 2008 1,092.22 −89.28 −7.56
9 23 Dec 1997 366.36 −29.70 −7.50
10 Oct 23, 2008 1,049.71 −84.88 −7.48
11 July 23, 1999 904.96 −71.70 −7.34
12 Nov 24, 1997 450.64 −34.79 −7.17
13 22 Sep 2000 553.25 −42.74 −7.17
14th June 26, 2002 701.87 −54.05 −7.15
15th Dec 12, 1997 350.68 −26.69 −7.07
16 Aug 16, 2007 1,691.98 −125.91 −6.93
17th 0Nov 7, 1997 515.63 −38.24 −6.90
18th 0Jan 5, 2000 986.31 −72.73 −6.87
19th May 25, 1998 331.90 −24.15 −6.78
20th Oct 17, 2000 512.85 −37.25 −6.77
21st Nov 20, 2008 948.69 −68.13 −6.70
22nd Oct 28, 1997 495.28 −35.19 −6.63
23 0Dec 9, 1997 388.00 −26.83 −6.47
24 05th Mar 1998 535.68 −37.08 −6.47
25th Aug 19, 2011 1,744.88 −115.70 −6.22
26th May 26, 2000 656.66 −42.87 −6.13
27 16 Sep 2008 1,387.75 −90.17 −6.10
28 Jan 15, 2009 1111.34 −71.34 −6.03
29 May 26, 1998 311.99 −19.91 −6.00
30th June 15, 2000 770.95 −48.32 −5.90
31 0June 9, 1999 803.46 −50.14 −5.87
32 0Jan. 4, 1982 123.60 −7.70 −5.86
33 Dec 16, 1998 545.97 −33.89 −5.85
34 Feb 21, 2000 845.32 −52.20 −5.82
35 0Oct 8, 2008 1,286.69 -79.41 −5.81
36 Oct 10, 2002 584.04 −35.90 −5.79
37 July 24, 2000 737.89 −45.17 −5.77
38 May 10, 2004 790.68 −48.06 −5.73
39 23 Sep 2011 1,697.44 −103.11 −5.73
40 July 23, 1998 341.46 −20.61 −5.69
41 Jan. 26, 2001 591.73 −35.72 −5.69
42 Nov 28, 2001 632.02 −38.08 −5.68
43 Dec 11, 1997 377.37 −22.48 −5.62
44 Apr 14, 1998 467.63 −27.26 −5.51
45 Oct 24, 1997 570.91 −33.15 −5.49
46 Sep 11 1998 320.61 −18.34 −5.41
47 Jan. 22, 1999 550.58 −31.46 −5.41
48 May 22, 2000 691.61 −39.07 −5.35
49 Oct 11, 2000 557.18 −31.16 −5.30
50 Feb 28, 2000 819.01 −45.75 −5.29

Annual development

The table shows the annual development of the KOSPI calculated back to 1975.

year Final
score in points 		Change
in points 		Change
in%
1975 89.73
1976 104.02 14.29 15.93
1977 136.96 32.94 31.67
1978 144.86 7.90 5.77
1979 118.97 −25.89 −17.87
1980 106.87 −12.10 −10.17
1981 131.37 24.50 22.93
1982 127.31 −4.06 −3.09
1983 121.21 −6.10 −4.79
1984 142.46 21.25 17.53
1985 163.37 20.91 14.68
1986 272.61 109.24 66.87
1987 525.11 252.50 92.62
1988 907.20 382.09 72.76
1989 909.72 −2.52 −0.28
1990 696.11 −213.61 −23.48
1991 610.92 -85.19 −12.24
1992 678.44 67.52 11.05
1993 866.18 187.74 27.67
1994 1,027.37 161.19 18.61
1995 882.94 −144.43 −14.06
1996 651.22 −231.72 −26.24
1997 376.31 −274.91 −42.21
1998 562.46 187.31 49.93
1999 1,028.07 465.61 82.78
2000 504.62 −523.45 −50.92
2001 693.70 189.08 37.47
2002 627.55 −66.15 −9.54
2003 810.71 183.16 29.19
2004 895.92 85.21 10.51
2005 1,379.37 483.45 53.96
2006 1,434.46 55.09 3.99
2007 1,897.13 462.67 32.25
2008 1,124.47 −772.66 −40.73
2009 1,682.77 558.30 49.65
2010 2,041.66 358.89 21.33
2011 1,825.74 −215.92 −10.58
2012 1,997.05 171.31 9.38
2013 2,011.34 14.29 0.74
2014 1,915.59 −95.75 −4.76
2015 1,961.31 45.72 2.39
2016 2,026.46 65.15 3.32
2017 2,467.49 441.03 21.76
2018 2,041.04 −426.45 −17.28
2019 2,197.67 156.63 7.67

Further KOSPI indices

In addition to the KOSPI, there are a number of other indices that show the market capitalization of Korean companies.

  • KOSPI 50 - shows the market value of the 50 Korean companies with the highest market capitalization
  • KOSPI 100 - analogous to KOSPI 50 for 100 companies
  • KOSPI 200 - analogous to KOSPI 50 for 200 companies
  • KOSPI IT - represents the 20 highest capitalized Korean companies in the IT industry

See also

Web links

Individual evidence

  1. ↑ a b c d IMG Gilbut: Historical prices 1980–2009 ( MS Excel ; 991 kB)
  2. ↑ a b c d Stooq: Historical prices from 1980
  3. ↑ a b Yahoo: Historical prices from 1997
  4. ^ South Korea Stock Market (KOSPI) | 2019 | Data | Chart | Calendar | Forecast. Retrieved December 13, 2019 .
  5. ↑ Chonnam National University: Page no longer available , search in web archives: KOSPI returns 1976 to 2008@1@ 2Template: Toter Link / altair.chonnam.ac.kr
  6. ↑ 1Stock1: KOSPI Index (South Korea) Yearly Returns