market capitalization Archives | Be Korea-savvy
Naver Cements No. 3 Spot in Market Cap

Naver Cements No. 3 Spot in Market Cap

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 [...]

Samsung’s Market Cap Grows Despite Poor Performance

Samsung’s Market Cap Grows Despite Poor Performance

SEOUL, Nov. 10 (Korea Bizwire) — Samsung Group’s market capitalization has continued to grow this year, largely led by a sharp increase in the market capitalization of its flagship company, Samsung Electronics, data showed Sunday. As of the end of October, the combined market capitalization of the group’s 16 listed subsidiaries came to about 434.8 [...]

Top 10 Conglomerates Suffer Drop in Market Caps As Stocks Tumble

Top 10 Conglomerates Suffer Drop in Market Caps As Stocks Tumble

SEOUL, Aug. 1 (Korea Bizwire) — The market value of firms affiliated with South Korea’s top 10 conglomerates has fallen off this year as their stocks were affected by bearish market conditions, data showed Wednesday. The combined market value of listed firms belonging to the 10 leading business groups came to 913.2 trillion won (US$814 [...]

SK hynix Becomes Key Affiliate of Parent Conglomerate 6 years After Merger

SK hynix Becomes Key Affiliate of Parent Conglomerate 6 years After Merger

SEOUL, Mar. 26 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. has emerged as a key affiliate of SK Group by making up nearly half of the conglomerates’ market capitalization, industry watchers said Monday. SK hynix, purchased by SK Group exactly six years ago, when the company posted a net loss of 159 billion [...]

Market Cap of Foreign-Owned Stocks Tops 511 Tln Won

Market Cap of Foreign-Owned Stocks Tops 511 Tln Won

SEOUL, March 14 (Korea Bizwire) – The combined market capitalization of South Korean stocks held by foreigners has exceeded 511 trillion won (US$445 billion), hitting an all-time high, data showed Tuesday.  Foreigners have purchased a net 4.22 trillion won worth of shares here this year alone, helping drive up the benchmark index KOSPI to 2,117.59 [...]

Korean Market Cap Rankings Reflect Changing Business Environment

Korean Market Cap Rankings Reflect Changing Business Environment

SEOUL, March 3 (Korea Bizwire) – Data shows that the top 100 Korean companies in terms of market capitalization have undergone a rapid change in business sectors over the past 10 years. The rankings reflect a shift from industrial businesses such as construction and shipbuilding to ‘non-smokestack’ industries such as service and distribution. On the [...]

Hit By Low Yen, Hyundai Motor Dethroned from No. 2 Position in Korean Stock Market

Hit By Low Yen, Hyundai Motor Dethroned from No. 2 Position in Korean Stock Market

SEOUL, May 28 (Korea Bizwire) – Affected by the low yen, Hyundai Motor, the largest automaker in Korea, lost its No. 2 position in the KOSPI market in terms of market capitalization to SK Hynix. On May 27, shares of the top automaker fell 1.88 percent to 157,000 won from a day earlier, shrinking its market [...]