BANKING AFFAIRS

Detailed explanation-1: -The Korea Composite Stock Price Index or Kospi is the benchmark equity index of South Korea. It is the index of all common stocks traded on the Stock Market Division-previously known as Korea Stock Exchange-of Korea Exchange. The index is calculated based on market capitalisation method.

Detailed explanation-2: -KOSPI is the major stock market index of South Korea. The index represents all common stocks traded on the Korea Exchange. The index calculation is based on market capitalization method. KOSPI replaced Dow-style KCSPI (Korea Composite Stock Price Index) in 1983.

Detailed explanation-3: -The Korea Composite Stock Price Index or KOSPI () is the index of all common stocks traded on the Stock Market Division-previously, Korea Stock Exchange-of the Korea Exchange. It is the representative stock market index of South Korea, like the S&P 500 in the United States.