What Are KOSPI and KOSDAQ? Why These Two South Korean Stock Markets Have Different Index Levels and Company Compositions
When following stock market news, you will notice that KOSPI and KOSDAQ move at different index levels every day. They are not stock exchanges in different countries but two segments of South Korea's domestic stock market operated by the Korea Exchange. KOSPI refers to both the main securities market and its benchmark index, while KOSDAQ refers to the market established to help small and medium-sized enterprises, startups, and technology companies raise capital, as well as its index. 2026 1