Korean Composite Stock Price Indexes (KOSPI)

The Korean Composite Stock Price Indexes (KOSPI) is a free-float market capitalization-weighted stock market index of all common stocks listed on the Korea Exchange (KRX). It is the main stock market index in South Korea. The index was launched on January 4, 1983, with a base value of 100. As of December 31, 2021, the KOSPI had a market capitalization of KRW 2,444.3 trillion (US$2.1 trillion).

The KOSPI is calculated by dividing the total market capitalization of all stocks included in the index by the number of shares outstanding. The index is rebalanced every quarter to reflect changes in the market capitalization of the stocks included in the index.

The KOSPI is a widely followed indicator of the performance of the South Korean stock market. It is used by investors to track the performance of the market as a whole, and by traders to make investment decisions.

The KOSPI has been a volatile index over the years. It has experienced several periods of strong growth, as well as periods of decline. The index reached a peak of 2,285.22 on January 20, 2018, before falling to a low of 1,463.65 on October 26, 2018. The index has since recovered and is currently trading around 2,100.

The KOSPI is a valuable tool for investors and traders who want to track the performance of the South Korean stock market. It is a good indicator of the overall health of the market, and can be used to make investment decisions.