Kospi
The Kospi is South Korea’s benchmark stockmarket index. It is typical of emerging markets, in that it is highly exposed to the global economic cycle.
South Korea's benchmark stockmarket index, the Kospi, is typical of emerging markets: it is highly exposed to the global economic cycle. Cyclical stocks (which are particularly sensitive to these ups and downs) comprise round 80% of the index.
Market heavyweight Samsung dominates the consumer goods sector and accounts for almost a fifth of the overall market, while the car and car-parts sector, dominated by Hyundai, accounts for nearly a tenth. Industrial and technology companies, many of which are export-orientated, comprise another quarter of the Kospi.
Some personal and household goods groups, along with small utilities and health-care sectors, make up the defensive segment.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
5 alternatives to Reeves’ inheritance tax raid on rural Britain as families face ‘splitting up or selling’ farms
Inheritance tax limits are now so low they attack small working family farms rather than just going after tax loopholes, one Cotswolds farmer has said
-
High earners at risk of £65k retirement shock
High earners could face some of the biggest pension shortfalls when they retire, as the cost of maintaining an expensive lifestyle could erode their retirement savings