Exchange to Announce Five 'KRX BBIG K-New Deal Index' Types on the 7th

[Asia Economy Reporter Song Hwajeong] The Korea Exchange announced on the 3rd that it will release five types of the 'KRX BBIG (Bio, Battery, Internet, Game) K-New Deal Index,' composed of leading companies that can drive the paradigm shift of the Korean economy, starting from the 7th.

The Exchange developed the K-New Deal Index by selecting the BBIG industry, which has recently been spotlighted as a future growth-leading industry, as a New Deal sector to materialize the vision of the government's Korean New Deal comprehensive plan. The BBIG industry is a core sector of the K-New Deal policy, with the combined market capitalization of 10 major related stocks reaching 322 trillion won as of the end of August. Its weight within the KOSPI is 20.4%.

The Exchange explained, "By proactively developing an index centered on future growth-leading industries, we will be able to indicate the direction for New Deal industries going forward," adding, "Moreover, after the index announcement, we will promote the early listing of exchange-traded funds (ETFs) in October to serve as a link for market funds to flow into the capital market."

In particular, among a total of 40 high-quality stocks, 19 KOSDAQ stocks were selected, which is expected to raise interest in KOSDAQ and contribute to its revitalization.

The Exchange is also planning to develop a 'Carbon Efficiency Green New Deal Index' in October to encourage the spread of the Korean New Deal policy. An Exchange official stated, "To induce companies to transition their business environment to eco-friendly and low-carbon bases, we will develop the index by scoring each stock's industry characteristics and carbon emissions per unit of sales, so that companies with high carbon efficiency scores will have higher investment weights."

This content was produced with the assistance of AI translation services.