SEOUL, Aug. 15 (Korea Bizwire) — Giant chipmaker Samsung Electronics Co. saw its presence on the main bourse drop to the lowest in 23 months in terms of market capitalization amid a sharp drop, data showed Sunday. The tech behemoth’s value stood at some 444 trillion won (US$400 billion) as of Friday, or 19.43 percent [...]
SEOUL, June 20 (Korea Bizwire) — Kakao Corp., which operates South Korea’s most popular mobile messenger Kakao Talk, emerged as the country’s fifth-largest conglomerate in terms of market cap on the back of the recent gains from the main bourse, data showed Sunday. The combined market cap of Kakao and its affiliates came to 73.9 [...]
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 [...]