In today’s briefing:
- Yoon’s Impeachment Passed: Upcoming Schedule, Procedures, and Market Impact
- A Review of Major Equity Indices in Korea in 2024
Yoon’s Impeachment Passed: Upcoming Schedule, Procedures, and Market Impact
- The impeachment motion against President Yoon passed in the South Korean National Assembly, clearing the two-thirds supermajority, and is now official.
- For the impeachment to fail, four justices must oppose it—highly unlikely given the current setup. The odds are heavily in favor of the impeachment being upheld.
- Corporate law reforms, driven by a likely Democratic Party takeover, could fuel value-up momentum and drive the local market, potentially sparking an unexpected rally through the May election.
A Review of Major Equity Indices in Korea in 2024
- In this insight, we review the major equity indices in Korea in 2024 including KOSPI 200 and Korea Value Up Index.
- Some alpha generating performances continue in terms of adding stocks to be included in the KOSPI 200 and reducing stocks that could be excluded.
- Korea Value Up Index has been heavily promoted by the Korean Exchange this year. Korea Exchange plans to make special changes to the Korea Value-Up Index constituents on 20 December.
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