이미지 확대 A new index that tracks cherry-picked basket of stocks from both primary Kospi and secondary Kosdaq will be launched Feb. 5, said Korea Exchange (KRX) on Tuesday.
The KRX300 designed to draw more institutional investment in the Kosdaq include 237 stocks from the Kospi and 68 from the Kosdaq bourses whose market cap is above top 700 threshold and 80 percent in trade turnover.
The index is weighted with 91.1 percent of Kospi and 8.9 percent in Kosdaq members.
From Kospi, the ICT stocks including bellwether Samsung Electronics make up 23.4 percent, finance and real estate 12.7 percent, and consumer goods 10.9 percent. Members include ING Life Insurance, Hanjin KAL, Hana Tour, and NHN Entertainment that do not trade on the Kospi 200.
From Kosdaq, 21 in healthcare and 23 in ITC services made the list.
By Shin Heon-cheol and Cho Jeehyun
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