SK Group sees biggest gain in market cap on AI chip rally
SK Group's market capitalization surged 89.6% to 1,139.76 trillion won, driven by an AI chip rally, particularly due to SK hynix's 93% market value increase. The top 10 South Korean conglomerates' combined market capitalization reached 3,832.65 trillion won, a 65% increase from last year.
South Korea's top 10 conglomerates saw their combined market capitalization rise to 3,832.65 trillion won, a 65% increase from 2,315.19 trillion won last year. SK Group led the gains with an 89.6% surge to 1,139.76 trillion won. SK hynix was the primary driver, with its market value rising 93% to 916.54 trillion won. Samsung Group ranked second, with its combined market capitalization increasing 68% to 1,684.1 trillion won, driven by Samsung Electronics' 82% rise to 1,289.1 trillion won. Other conglomerates, including Hanwha Group, Posco Group, and Hyundai Motor Group, also posted significant gains. The market rally lifted the number of listed companies with a market capitalization exceeding 1 trillion won to 405.
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