Korea Computer Terminal Inc (089150) Declines -1.34% on Oct 14

October 13, 2017 - By Nellie Frank

Shares of Korea Computer Terminal Inc (KOSDAQ:089150) last traded at 2580, representing a move of -1.34%, or -35 per share, on volume of 33,262 shares. After opening the trading day at 2590, shares of Korea Computer Terminal Inc traded in a close range. Korea Computer Terminal Inc currently has a total float of 17.15 million shares and on average sees 334,470 shares exchange hands each day. The stock now has a 52-week low of 2355 and high of 5190.

KOSPI: A Powerful Indicator Of The Asian Economy

South Korea has one of the most progressive, fast-paced economies in Asia. It is an influential global leader that helps drive growth in the Asian economy. Leading abilities of South Korean market help Korea Computer Terminal Inc to attract more attention to its work. Without it, the region’s capacities are surely minimized.

One of the most important factors backing South Korea’s successful economy is the Korea Exchange (KRX), which boasts with over $1 trillion in total market capitalization. Despite being one of the youngest stock exchanges in Asia, it has already transformed the conduct of trade and commerce in South Korea. It brings foreign investors to Korea Computer Terminal Inc and other companies.

Stock Market Division of the KRX

Under the Korea Stock Exchange and Futures Exchange Act, the KRX is divided into three: 1) the Stock Market Division; 2) the KOSDAQ Market Division; and 3) the Derivatives Market Division. All publicly traded companies are listed on the Stock Market Division of the KRX.

The Korea Composite Stock Price Index (KOSPI), which was first published in 1983, is one of the main real-time economy indicators in South Korea as it tracks the performances of all the companies listed on the Stock Market Division of the KRX. That being said, the KOSPI had to be divided into several sub-indices. These include the KOSPI 50, which monitors the 50 most active stocks on the Stock Market Division of the KRX; the KOSPI 100, which monitors the 100 most active stocks; and the KOSPI 200, which monitors the 200 most active stocks out of more than 700 stocks. A stock can be included in the KOSPI 50 and the KOSPI 100 only if it is included in the KOSPI 200. At the same time, a stock can only be included in the KOSPI 50 if it is included in the KOSPI 100. Korea Computer Terminal Inc is inside the KOSPI trading operations.

The KOSPI tracks stocks on the Stock Market Division of the KRX based on market capitalization using the base value of 100. The base date is January 4, 1980. Similarly, the KOSPI 200, which represents roughly 70% of the total market valuation on the Stock Market Division of the KRX, monitors its components using the base value of 100. The base date is April 2007.

Historical Statistics

In January 1981, the KOSPI had reached its all-time low of 93.10 points. In May 2011, it had reached its all-time high of 2,228.98 points. On the other hand, in June 1998, the KOSPI 200 had reached its all-time low of 31.96 points; and in April 2007, it had reached its all-time high of 100 points.

When the Asian economy was recovering from the financial crisis that had started in Thailand, the KOSPI had recorded its largest one-day gain of 8.50% in June 1998. Meanwhile, after the 9/11 tragedy that had shaken the global economy, the KOSPI had recorded its largest one-day decline of 12.02% in September 2001.

By 2019, Asia is highly expected to account for 26% of the global financial wealth, demonstrating a 2% representation growth in just five years. The best way to bank on that fast-paced growth is to invest on stocks listed on the Stock Market Division of the KRX. Investors which work with Korea Computer Terminal Inc hope to find the best quality there.

More important recent Korea Computer Terminal Inc (KOSDAQ:089150) news were published by: Bloomberg.com which released: “Bloomberg Professional Services” on April 06, 2017, also Bloomberg.com published article titled: “North Korea Is Dodging Sanctions With a Secret Bitcoin Stash”, Bloomberg.com published: “Nike Sneakers Made a Billionaire of This Ex-Convict South Korean” on September 12, 2017. More interesting news about Korea Computer Terminal Inc (KOSDAQ:089150) was released by: Nasdaq.com and their article: “Enterprise Products (EPD) Hikes Quarterly Cash Distribution” with publication date: October 13, 2017.

Korea Computer Terminal Inc. is a Korea firm engaged in the manufacture and distribution of financial terminals and special terminals. The company has market cap of $44.25 billion. The Firm provides financial systems and services, including recycling automatic teller machines , cash dispensers, intelligent queuing systems (IQSs), bill payment kiosks and multifunctional ATMs; ATM processing and consulting services, and other financial systems, such as digital signage displays, integrated circuit (IC) card issuers and banking terminal systems. It has a 18.94 P/E ratio. It also provides public solutions, including ticketing kiosks, certified document printing kiosks, self gas pumping kiosks, account inquiry kiosks, wagering terminals, lottery terminals, bus information systems (BISs) and security solutions for apartment complexes.

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