Korea Passes UK To Become World’s Eighth-Largest Stock Market
Korea Passes UK To Become World’s Eighth-Largest Stock Market
Korea Passes UK To Become World’s Eighth-Largest Stock Market
South Korea has leapfrogged the UK to become the world’s eighth-biggest stock market, fueled by a high-octane rally in its artificial intelligence-linked technology champions.
South Korea has leapfrogged the UK to become the world’s eighth-biggest stock market, fueled by a high-octane rally in its artificial intelligence-linked technology champions.
Bloomberg reported, the total market capitalization of Korean-listed companies has surged more than 45% this year to $4.04 trillion, while the UK’s has climbed about 3% to $3.99 trillion, according to data compiled by Bloomberg. The size of the UK market was about double that of Korea’s as recently as the end of 2024.