KOFIA: "KOSPI Closes Above 5,000, Marking a New Chapter for the Capital Market and a Signal for Major Economic Leap"

KOSPI Closes at 5,084.85 on the 27th

The Korea Financial Investment Association issued a congratulatory message on the 27th, as the KOSPI closed the regular session at 5,084.85, stating, "A new chapter in the history of our capital market has begun."

This marks the first time ever that the KOSPI has surpassed the 5,000 mark, coming approximately three months after it exceeded 4,000 on October 27 of last year.

The association assessed that breaking the 5,000 mark is not only an achievement of our capital market, which has a history of over 70 years, but also a signal that the capital market is functioning as the nation's growth engine and that a major economic leap for Korea has begun.

Furthermore, the association noted that KOSPI 5,000 represents the resilience and maturity of our capital market, which has withstood crises and volatility. It added that this achievement is the result of continuous infrastructure improvements and institutional reforms by the government and the National Assembly, the accumulation of trust from both domestic and international investors, and the efforts of market participants-making it a collective accomplishment for all our citizens.

Hwang Sungyeop, Chairman of the Korea Financial Investment Association, stated, "KOSPI 5,000 is both an achievement and a historical record for the current generation, but for future generations, it serves as a new starting point for greater leaps and hope." He emphasized, "Now, at the starting point of this new chapter in the capital market's history, we must focus on what will fill the next page."

He added, "The association will work to pool the wisdom of the government, the market, and investors so that the funds gathered through the capital market can drive innovative investments by companies as productive finance, and so that innovation in the real sector can lead to job creation and national competitiveness." He continued, "Furthermore, we will strengthen investor protection and expand support for marginalized groups, thereby fulfilling the social responsibilities of the financial investment industry."