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Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)

Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)

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Douglas Kim
Apr 13, 2024
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Douglas Research Insights
Douglas Research Insights
Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)
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  • On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI Innovation.

  • NKMAX was designated as "administrative issue" and "investment attention issue" on 8 April 2024, which resulted in the Korea Exchange deciding to remove this stock from KOSDAQ 150.

  • We believe that this inclusion of GI Innovation in KOSDAQ 150 is likely to further positively impact its share price.

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