KOSDAQ Surpasses 500 Trillion Won Market Cap for the First Time Ever: "Focus on Government Revitalization Policies"

The KOSPI index started the session with a decline for the fourth consecutive day. The index and exchange rates are displayed on the status board in the dealing room of Hana Bank in Jung-gu, Seoul. 2025.12.04 Photo by Dongju Yoon

The KOSDAQ index has surpassed 500 trillion won in market capitalization for the first time in history. Analysts in the securities industry emphasize the need to pay attention to the government's KOSDAQ revitalization policies.

As of 10:17 a.m. on December 4, the total market capitalization of the KOSDAQ market was recorded at 501.4223 trillion won. This marks the first time since the launch of the KOSDAQ market that its market capitalization has exceeded 500 trillion won.

The KOSDAQ market capitalization first surpassed 400 trillion won on January 25, 2021, reaching 400.4966 trillion won, but remained within the 300 trillion to 400 trillion won range for about five years. This stands in stark contrast to the KOSPI market capitalization, which expanded by more than 1,114 trillion won (50.4%) from 2,212.0815 trillion won to 3,326.8049 trillion won over the same period.

At the beginning of this year, the KOSDAQ market capitalization remained at around 300 trillion won, but after surpassing the 400 trillion won mark in June, it has continued a steady upward trend. In particular, the recent sustained rally has led to a significant increase in both the index and market capitalization. The KOSDAQ index dropped to 856.03 on November 25 but has risen by 8.9% since then, while the market capitalization has increased by 9.3% over the same period.

As expectations for KOSDAQ revitalization policies grow, capital inflows have also become notable. Financial authorities are reportedly reviewing measures to boost the KOSDAQ, such as expanding inflows from pension funds and strengthening tax benefits.

As a result, from November 28 to the day before, KOSDAQ's daily trading volume remained above 10 trillion won for three consecutive days. On December 1, the total trading volume on the KOSDAQ was tallied at 11.8161 trillion won, surpassing the KOSPI trading volume of 11.8056 trillion won.

Park Kihoon, a researcher at Korea Investment & Securities, stated, "As news spreads that the government is preparing measures to revitalize the KOSDAQ market, there has been a rapid improvement in short-term capital flows into the related market. The index is expected to move depending on whether measures such as expanding the income deduction limit to 50 million won and securing 20 trillion won in investment banking (IB) venture capital are finalized."

This content was produced with the assistance of AI translation services.