KOSPI
Business & Finance abbreviation · Stock Market & Investing
| Stands for | Korea Composite Stock Price Index |
|---|---|
| Categories | Business & Finance |
KOSPI stands for Korea Composite Stock Price Index, a stock market & investing abbreviation.
Benchmark index of all common stocks traded on the Korea Exchange's main board, weighted by market capitalization. Samsung Electronics and SK Hynix make up a large share of it, so memory-chip prices strongly influence its moves.
Example: Foreign selling of chip stocks dragged the KOSPI down 2.3 percent.
Usage notes
The index has a base value of 100 set on January 4, 1980. Smaller and technology-focused companies trade on the KOSDAQ market, which has its own index. Analysts speak of a "Korea discount," the tendency of Korean stocks to trade at lower valuations than global peers, often attributed to governance issues.
Related abbreviations
More stock market & investing abbreviations
- IOC – Immediate or cancel
- IPO – Initial public offering
- IR – Investor relations
- ISIN – International Securities Identification Number
- ITM – In the money
- IV – Implied volatility
- LEAPS – Long-Term Equity AnticiPation Securities
- LSE – London Stock Exchange
- MA – Moving average
- MACD – Moving average convergence divergence
- MF – Mutual fund
- MLP – Master limited partnership