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The sharp drop in the KOSPI… Market cap fell below 2200 trillion won in 4 and a half months

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As the KOSPI fell below the 3,020 line, her body shrank to the smallest level in over four months.

According to the Korea Exchange on the 2nd, the total market capitalization of all stocks listed on the stock market as of the closing price on the 1st was 2,195 trillion won.

This is the lowest since May 13 (218.7 billion won), and it is the first time in four and a half months since May 17 (219.7 billion won) that the KOSPI market cap fell below 2,200 trillion won.

Compared to August 10 (2,339 trillion won), the largest increase in body size, 144 trillion won has evaporated.

The closing price of the KOSPI on the 1st was 3,019.18, which is 115 points (p) lower than the closing price of the last May 17 (3,134.52).

By the way, Kakao Bank[323410](31.1 trillion won) and Krafton[259960](24,377.8 billion won), SK IE Technology[361610](16.22 trillion won), Hyundai Heavy Industries[329180](10.757 trillion won), etc., the market cap increased further due to the listing of large fish in the IPO market. The total market cap of these four stocks is 8,1792.8 billion won.

As the KOSDAQ index fell below 1,000, the market cap of the KOSDAQ market also shrank to 416 trillion won. It is the lowest in three and a half months since June 17 (418 trillion won).

The size of the KOSDAQ market increased to 44,475,45 billion won on the 7th of last month, but decreased by 28 trillion won in less than a month. The closing price of the KOSDAQ index on the 1st was 983.20, which is because it has fallen below the 1,000 line for the first time in two months since August 23 (993.18).

As a result, the market capitalization of the domestic stock market, which combines the KOSPI and the KOSDAQ, also shrank to 2612 trillion won. This is 167 trillion won less than the record high on August 10 (277.9 billion won).

By group, the market cap of Samsung Group, which had reached 825 trillion won at the beginning of this year, fell by more than 20% to 650 trillion won. SK Group 209 trillion won, LG[003550]The Group and Hyundai Motor Group recorded 134 trillion won and 127 trillion won, respectively.

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