That’s how big South Korea’s stock market is now.

📈 No. 8 worldwide: The combined market capitalization of KOSPI, KOSDAQ and KONEX stands at $3.7 trillion, pushing South Korea past Germany and Taiwan into 8th place globally.

🚀 Outperformance effect: Since the start of the year, the Korean market is up +20.4%. By comparison: Germany +0.9%, Taiwan +9.7%.

Watch: JPMorgan sees the KOSPI at 6,000 in its base case and up to 7,500 in a bull case. Local forecasts go as high as 7,300 over the next 12 months.

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