Number of firms with over 1 trillion won market cap surges on stock rally

The number of South Korean companies with a market capitalization exceeding 1 trillion won ($692.1 million) jumped 13 percent in less than two months since the start of the year, driven by a continued stock rally. As of Friday, 365 companies listed on the local stock market met this threshold, up 42 from the end of last year. This surge is attributed to strong gains in the KOSPI and KOSDAQ indices.

According to data from the Korea Exchange, the country's main bourse operator, and Yonhap Infomax, the financial arm of Yonhap News Agency, as of Friday, February 14, 2026, 365 companies listed on the local stock market had a market capitalization exceeding 1 trillion won, up 42 from 323 at the end of last year. This represents a 13 percent increase in less than two months since the start of the year. The total comprises 249 firms on the benchmark Korea Composite Stock Price Index (KOSPI) and 116 on the smaller KOSDAQ bourse.

The number of companies surpassing the 10 trillion won threshold rose to 74 from 62 at the end of last year, with most listed on the KOSPI and six on the KOSDAQ.

This rapid expansion was primarily driven by the steep, sustained rally in the local stock market this year. The KOSPI closed at 5,507.01 on Friday, jumping 30.68 percent from 4,214.17 at the end of 2025. The KOSDAQ index rose 19.52 percent over the same period.

The data highlights how the ongoing market upswing has elevated the valuations of more companies, including smaller ones, though it does not address potential market volatility.

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Illustration of Seoul stock market reaching record high due to semiconductor rally.
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Seoul shares reach new peak on chip stock rally

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South Korean stocks closed at a record high on May 27, driven by gains in semiconductor shares.

The number of South Korean-listed companies with market capitalization over 1 trillion won surpassed 400 for the first time this year. This follows a stock market recovery before the Middle East conflict. The KOSPI hit a record high.

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The combined market value of 19 listed firms in SK Group surpassed 2,000 trillion won for the first time on June 16, driven mainly by gains at SK hynix.

South Korean stocks ended a three-day winning streak on April 17 due to profit-taking, as investors awaited developments on a possible second round of U.S.-Iran peace talks. The benchmark KOSPI fell 0.55% to 6,191.92, while the won weakened to 1,483.5 against the dollar. This came amid positive signals from U.S. President Donald Trump on weekend negotiations.

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