Pandemic reshuffles market cap rankings, bio firms emerge
May 26, 2020
The market capitalization of large South Korean companies was hugely affected by the pandemic, with 89 of the nation’s top 100 by market value changing their rankings, according to latest data Tuesday. Local corporate tracker Korea CXO Institute surveyed changes in the rankings of the top 100 companies in market capitalization between Jan. 2 and May 22. According to the survey, the market cap of the top 100 companies in Korea stood at 1,082 trillion won ($876 billion) on May 22, an 8.5