SEOUL, June 15 (Korea Bizwire) — Hybe Co., the K-pop powerhouse behind BTS, has seen its market capitalization exceed the 10 trillion-won (US$8.95 billion) mark amid the boy band’s global popularity, data showed Tuesday. Shares in Hybe closed at 289,000 won on Tuesday, up 2.48 percent from the prior session and marking a four-day winning [...]
SEOUL, July 16 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, is the world’s second-largest semiconductor company in terms of market capitalization, data showed Thursday, despite a share price drop. Samsung’s market value totaled US$261.9 billion as of last Friday, only behind Taiwan Semiconductor Manufacturing Company (TSMC), whose market cap reached $306.3 [...]
SEOUL, July 13 (Korea Bizwire) — A combined market value of Naver Corp., South Korea’s top internet portal operator, and other so-called ‘untact’ stocks, such as Kakao Corp., have seen their combined market cap surpass the 100-trillion won (US$83.27 billion) mark for the first time amid the novel coronavirus outbreak. The market capitalization of the [...]
SEOUL, May 22 (Korea Bizwire) – The market capitalization of Samsung Biologics Co. and internet giant Naver Corp. has jumped sharply on South Korea’s main stock market over a one-year period, despite the coronavirus impact on the equities markets, data showed Friday. Samsung Biologics’ market cap stood at 40.3 trillion won (US$32.6 billion) at Thursday [...]
SEOUL, March 18 (Korea Bizwire) — The number of South Korean listed companies valued at over 1 trillion won (US$806.5 million) has dropped amid a market rout sparked by woes over the economic fallout from the spread of the new coronavirus, data showed Wednesday. As of Tuesday, the number of such companies stood at 146, [...]
SEOUL, Feb. 18 (Korea Bizwire) — The market value of Samsung Group units has risen more than 10 percent this year on a strong rally in tech-focused affiliates, a market tracker said Tuesday. The combined market capitalization of Samsung Electronics Co. and 15 other listed firms belonging to South Korea’s top conglomerate came to 524.2 [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s top internet operator Naver Co. appears to be cementing its position as the country’s third-most valued firm, sharply up from last year’s 10th place, on high expectations for its internet businesses and diversified portfolio. Naver’s market capitalization reached 29.75 trillion won (US$25.6 billion) as of Thursday on [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korea’s top internet portal operator, Naver Corp., became the country’s fifth most valuable stock on the back of better-than-expected earnings, market watchers said Tuesday. Naver’s market capitalization stood at 26.61 trillion won (US$23 billion) as of Tuesday, making it the fifth-largest listed company on the country’s main bourse [...]
SEOUL, May 30 (Korea Bizwire) — The market value of pharmaceuticals traded on South Korea’s minor bourse has plunged over the past two months due to a gene therapy drug scandal, data showed Thursday. The pharmaceutical industry index of the KOSDAQ market closed at 8,558.65 Wednesday, down 11.8 percent from two months earlier when the [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s No. 1 conglomerate, Samsung, saw its market capitalization fall nearly 12 percent this year due to losses in tech and bio shares, a corporate tracker said Sunday. The combined market value of its 16 listed companies came to 418.33 trillion won (US$369.5 billion) as of Wednesday, down [...]