Business

South Korea's Stock Market Boom

Updated 2026-06-05 07:45 UTC 1 source Positive

South Korea’s stock market has more than doubled this year, driving a potential wealth effect of KRW 43 trillion ($28 billion) among the populace. The market's performance is generating significant economic impact.

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MarketWatch

One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trillion ($28 billion)

2026-06-05 07:27 UTC