No. of S. Korea's 'trillion-won' firms falls by most in 9 months
Arirang News
2019-07-31
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'시총 1조 클럽' 7월에 12곳↓… 감소기업 9개월 만의 최다
The number of companies listed on Korea's stock market worth more than "1 trillion won", or 800 million U.S. dollars, has fallen this month by the biggest margin since last October.
According to the Korea Exchange, the KOSPI has seven fewer trillion-won firms than the month before, and the KOSDAQ now has five fewer.
There are now just 186 of them in total.
Their numbers have been steadily declining since February, mainly due to global trade tensions.
The number of companies listed on Korea's stock market worth more than "1 trillion won", or 800 million U.S. dollars, has fallen this month by the biggest margin since last October.
According to the Korea Exchange, the KOSPI has seven fewer trillion-won firms than the month before, and the KOSDAQ now has five fewer.
There are now just 186 of them in total.
Their numbers have been steadily declining since February, mainly due to global trade tensions.
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