South Korean Households Gain Quadrillions from Stock Market Boom

South Korean households are experiencing a significant increase in wealth, reaching one quadrillion, attributed to the country's booming stock market. This phenomenon is being described as a 'stock-market miracle.'

5 Jun, 07:27 — 5 Jun, 07:27

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marketwatchMostly Factual67d ago

One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trillion ($28 billion)

By Jules Rimmer

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First report: marketwatch · 5 Jun, 07:27|Full coverage: 2 · 1h|Window: 1h

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marketwatch5 Jun, 07:27First to report

One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

1h later

naftemporiki5 Jun, 08:46Latest update

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South Korean Households Gain Quadrillions from Stock Market Boom

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One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

Coverage Timeline

One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle

1 τετράκις εκατομμύριο: Τα νοικοκυριά της Νότιας Κορέας πλουτίζουν από το θαύμα του χρηματιστηρίου

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