SEOUL, South Korea-The South Korea secured a firm footing in the Asian trade after establishing one of the most fast-paced and progressive economies in the region. Beefing to this feat is the help of Korea Exchange (KRX) with a $1 trillion total market capitalization and the employment of KOSPI monitoring strategy.
Based on the market plots, the South Korean economy is not only buzzing in the Asian scene but is also doing well in the international staging.
Samsung leads the run after hitting 55 percent up for 2017 with holding accounts of more than 25 percent.
The KRX is said to be the reason why the South Korea is heading to a strong economic stability.
Korea Stock Exchange official website confirmed that the KRX- Samsung Securities Theme recently drew huge attention from all sorts of clients, investors, and stock traders.
In terms of investing and stock market playing, the country is using a unique monitoring scheme. Koreans are employing the Korea Composite Stock Price Index (KOSPI) to ensure that they are exploiting their possible strengths, including patching any gap in their strategies.
Established in 1983, the KOSPI served as the country’s real-time KRX index and over-all economy status monitoring indicator in the country. In order to maximize its grounds, there are three divisions of KOSPI with respective focus and field of tracking.
The KOSPI 50 is in charge of monitoring of the 50 most active stocks in South Korea. On the other hand, the KOSPI 100 tracks the 100 active stocks, and the last division is the KOSPI 200 which oversees the 200 most active stocks trading in more than 700 stocks.
Stock market experts believe that KRX will continue to record highs and that Korea will set the Asian economy to be at par with the other regions like never before.