Stock values of South Korea’s rich change upon COVID-19 | Inquirer Business

Stock values of South Korea’s rich change upon COVID-19

/ 01:21 PM June 03, 2020

The Korea Herald/Asia News Network

SEOUL — The ranking of South Korea’s richest people by their stock value changed drastically upon the COVID-19 pandemic, a survey released by CEOScore showed.

The corporate information company analyzed individual investors holding shares in 2,353 listed firms.

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The combined stock value of the 100 richest investors reached 92.8479 trillion won ($76 billion).

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Stock values held by those leading companies in bio fields and non-face-to-face contact businesses increased significantly.

While the value of shares held by top two leaders of Samsung Electronics declined, they remained the richest and the second-richest investors with 15.1017 trillion won and 6.7743 trillion won, respectively.

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TAGS: Business, coronavirus, Coronavirus Outbreak, coronavirus pandemic, COVID-19, South Korea, Stock Value

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