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Korea's top 10 business groups see market capitalization slide 20% this year

2018-12-27 1 Dailymotion

South Korea's top ten business groups have seen their market capitalization slide by 20-percent this year. <br /> According to corporate tracker Chaebul-dot-com on Thursday..., the market cap of Korea's top 10 large conglomerates, including Samsung and LG,... was around 6-hundred-88-point-nine billion U.S. dollars as of Wednesday.<br />This is 20-percent less than the end of last year, when the top conglomerates had a market cap of around 8-hundred-62-point-2 billion dollars. <br />The sharp decrease comes after the fall in stock prices of Samsung's affiliates, including tech giant Samsung Electronics. <br />Analysts say one of the biggest reasons for the downward trend is concern over the slowdown in the DRAM market. <br />

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