Korea Valueup Index Hits Record 4276.72 on June 22; Related ETFs Surge 762% to 4.2 Trillion Won

According to Korea Exchange, the Korea Valueup Index reached a record high of 4276.72 on June 22, with related exchange-traded funds (ETFs) seeing net assets surge to 4.2 trillion won as of end-June, up 762% since the funds' inception in November 2024. The 13 Valueup-tracking ETFs have attracted rapid capital inflows as the underlying index outperformed the KOSPI by 79.6 percentage points since its launch in September 2024. Cumulative company disclosures of value-enhancement plans reached 741 listed firms (347 on KOSPI, 394 on KOSDAQ), representing 85.5% of total market capitalization. Korea Exchange plans to establish and announce criteria for selecting low-PBR (price-to-book ratio) companies in July to encourage voluntary corporate value-enhancement efforts.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments