South Korea's Stock Market

Insight on South Korea’s economy and stock market

South Korea’s economy is today the fourth-largest in Asia. From the mid to late 20th century, it has enjoyed exponential growth with one of the fastest rate in modern history!

The nation’s GDP has grown from $100 in 1963 to an impressive $24’600 in 2007.

With average of GDP growth of 5 % per year, South Korea continues to have one of the strongest growth rates of developed countries. A recent analysis predicted that South Korea will become the world’s third richest country by 2025.

Some of the biggest franchise and international companies are South Korean based; the most famous names are probably Samsung, Hyundai and the LG Group.

The North Korea nuclear issue make the overall market in South Korea very attractive due to its valuation.

However it’s only a matter of time before North Korea joins all of its neighbours in opening its economy and when the nuclear threat against South Korea will disappear, the extraordinary technological, industrial and market competence of the Korean people will become instantly obvious South Korean companies and stock will become as valuable as those in other Asia economy.

South Korea is also part of the “next eleven” which are eleven countries identified by Goldman Sachs as having high potential of becoming the world’s largest economy.

Information about stocks and trading companies can be found on Kosdaq & Koscom :