SOUTH KOREAN STOCK MARKET

Afanasyeva Oksana Nikolaevna, Doctor of Economics, Professor of the Department of Finance and Monetary and Credit Relations, Russian Foreign Trade Academy, Ministry of Economic Development of the Russian Federation

Shestak Maria Alexeevna, Student of the Faculty of International Economics, Russian Foreign Trade Academy, Ministry of Economic Development of the Russian Federation

Abstract

This article examines the characteristics of the South Korean stock market as the most innovative country among the leading economies. It defines the fundamentals of the Korean Exchange, which was formed by merging three previously independent markets: the Korea Stock Exchange, the KOSDAQ system, and the Korea Futures Exchange (KOFEX). It reveals the main stock indices of South Korea and the connection between the South Korean stock market and technology giants. The authors have clarified the factors influencing the volatility of the South Korean stock market.

KEYWORDS: stock market, financial market, South Korea, Korea Exchange, stock indices, stock market volatility.

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