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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Trading floor at Seoul's Korea Exchange showing KOSPI index at 4,978.65 after breaching 5,000-point mark amid profit-taking.
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Seoul stocks trim gains after breaching 5,000-point mark

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South Korea's KOSPI index briefly surpassed the 5,000-point mark for the first time on January 22, and continued rising on January 23 morning before trimming gains due to profit-taking. As of 11:20 a.m., the index stood at 4,978.65, up 0.53%, amid mixed performances in tech and auto shares. Optimism over U.S. market gains and AI demand supported the rally.

South Korea's main stock market, the Kospi, recorded an average daily trading value exceeding 30 trillion won in February, driven by a rally in semiconductor shares. The benchmark Kospi index rose above the 6,000-point level on Wednesday, less than a month after surpassing 5,000 points.

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South Korea's major brokerage firms achieved record earnings in 2025, driven by a bull run in the local stock market. The combined net profit of 27 securities companies reached 10.23 trillion won ($7.03 billion), up sharply from 6.97 trillion won the previous year. This performance was boosted by increased trading activity from retail investors.

Seoul shares closed lower on Friday, ending a six-session winning streak as investors locked in profits from technology and other large-cap stocks. The Korean won sharply depreciated against the U.S. dollar.

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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.

South Korea's benchmark Kospi index surpassed the 5500-point mark for the first time during midday trading on Thursday, building on its breach of 5000 in late January. The surge was driven by sharp gains in blue-chip tech stocks like Samsung Electronics. Investors are watching U.S. Federal Reserve policy amid mixed reactions to strong U.S. jobs data.

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South Korean stocks traded sharply higher late Wednesday morning, buoyed by US President Donald Trump's conciliatory remarks on a trade deal, which eased investor worries over potential tariffs. The benchmark KOSPI index rose 1.43 percent, setting the stage for a new high.

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