Korea Exchange Adds 7 Stocks Including HD Hyundai Electric to KOSPI 200

From the 15th of next month, seven stocks including HD Hyundai Electric and KG Mobility will be included in the KOSPI 200 index.

The Korea Exchange announced on the 23rd that it held a Stock Index Operation Committee meeting on the 22nd to review the regular changes to the constituent stocks of major representative indices such as KOSPI 200, KOSDAQ 150, and KRX 300.

As a result of the review, seven stocks were replaced in the KOSPI 200. Seven stocks including SeAH Besteel Holdings, TCC Steel, Sama Aluminum, HD Hyundai Electric, KG Mobility, Youngone Holdings, and Dentium were included, while Taekwang Industrial, HDC Hyundai Development Company, Zinus, Handsome, Hyundai Home Shopping, Cuckoo Homesys, and Boryung were excluded.

In the KOSDAQ 150, 17 stocks were replaced. Seventeen stocks including Lunit, Selvas AI, Hana Technology, and i-SENS were included, while 17 stocks including Celltrion Healthcare, Wonik Materials, Inseon ENT, Humasis, and Danal were excluded.

In the KRX 300, 31 stocks including SK Discovery, POSCO M-Tech, and Chong Kun Dang were included, while 33 stocks including Lotte Wellfood, Orion Holdings, Shinsegae International, and Asiana Airlines were excluded.

This adjustment will be reflected starting from the 15th of next month.

Notably, this regular review applied a new representative index methodology for the first time. To enhance the reliability of the representative indices, the Exchange revised the methodology in October to allow the review of stocks deemed unsuitable for inclusion in the representative indices due to unfair trading.

An official from the Exchange explained, "According to the revised methodology, quantitative and qualitative criteria for stocks unsuitable for index inclusion have been established, and if a stock meets these criteria, the final decision on inclusion will be made through the deliberation of the Stock Index Operation Committee."