[Photo] Will KOSPI market cap limit of 30% apply to Samsung?
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Posted on : Nov.4,2019 17:40 KST
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The Samsung Galaxy S10 5G
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Samsung Electronics’ market capitalization (cap) recently occupied more than 30% of the Korea Composite Stock Price Index (KOSPI). Considering the KOSPIs’ official market cap limit 30%, observers are looking to see whether the limit is applied. If the limit does apply, a large amount of Samsung stocks are expected to put up for sale before futures expire in December. However, as Samsung’s market cap exceeded 30% in mid-October, if stock prices do not significantly increase for the period of September-November, prospects of the limit applying are low.
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