Korea Exchange disclosed the new KRX TMI (Total Market Index) on 13 January. This is a market index that consists of eligible stocks in the entire KOSPI and KOSDAQ markets.
The KRX TMI index is similar to Japan's TOPIX index. The KRX TMI index is calculated by adopting a free-float market capitalization weighting method.
We provide a list of 20 companies in KOSDAQ that could benefit from the launch of the KRX TMI index.
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