The Kosdaq Index Committee confirms that 9 companies will be replaced in Kosdaq 50 as a result of its regular review. This change will be in effect as of March 14, 2003.
Companies to be included in Kosdaq 50 are as follows:
- INTOPS, CJ Ent., KH VATEC, BAIKSAN OPC, AGABANG, Kisinfo, KODICOM, DGI, NEOWIZ
Companies to be excluded from Kosdaq 50 are as follows:
- IBK, CJ FS, KEBT, HANDAN, LOCUS, DuzonDigital, ACTOZ SOFT, MODIA, ADChips
Kosdaq 50 is a market capitalization weighted index comprising core 50 issues that represent Kosdaq Stock Market. The Kosdaq Index Committee reviews the index every six months. In order to be included in Kosdaq 50, stocks should meet liquidity criteria and rank high in market capitalization. Options and futures based on Kosdaq 50 are currently traded in the Korea Futures Exchange.
The Kosdaq Stock Market was established in 1996 as South Korea's market for SME and venture firms.
