KOSDAQ Index

The index of KOSDAQ, Korea's market for growth companies

In detail

The KOSDAQ Index combines the common shares listed on the Korea Exchange's KOSDAQ market, weighted by market capitalization. It takes 1 July 1996 as 1,000. KOSDAQ is home to many technology and biotech companies still growing, so on the same day it can move more than KOSPI.

Example

If total market value is 0.8 times the base date's, the KOSDAQ Index reads 1,000 × 0.8 = 800.

Related terms

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For learning, not investment advice. Decisions are your own.

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