Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

KRX Launches Two New Global Indices – S&P/KRX Asia 100, S&P/KRX Exchanges

Date 22/04/2009

The Korea Exchange (KRX) launched two new global indices jointly with Standard & Poor’s (S&P), i.e., S&P/KRX Asia100 and S&P/KRX Exchanges, from April 1, 2009. The two global indices are designed, developed and owned by S&P, and calculated, maintained and distributed by the KRX.

S&P/KRX Asia100 measures the performance of top 100 companies, based on market capitalization, listed on 5 Asian exchanges. The distribution of constituents per country is shown below.

Distribution of constituents of S&P/KRX Asia100

Korea China Taiwan Hong Kong Singapore Total
No. of constituents 24 19 26 20 11 100
Market cap. (%) 23.0 30.8 19.9 17.2 9.1 100.0%


S&P/KRX Asia 100, a benchmark index for Asian equity portfolio, is significant because it responds to the needs of various global investors by broadening the index base to include the blue-chip stocks of Asian countries. It is anticipated that when the investment instruments based on S&P/KRX Asia 100 such as ETFs and derivatives are introduced, the investment in the Asian region will drastically increase.

S&P/KRX Exchanges measures the performance of the listed exchanges in the world (as of April 2009, there are 19 listed exchanges). Designed as a benchmark for portfolio comprised of stocks of world exchanges, when the investment instruments based on S&P/KRX Exchanges are introduced, a new investment opportunity would be offered to the global investors.

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