The Korean Stock Exchange has its origins in the 1950s, in the years right after the Korean War, when South Korea was rebuilding its economy and the first securities exchange was set up in Seoul. The exchange developed as the country industrialised in the following decades, when large conglomerates called chaebol grew and listed their shares, and the KOSPI index became the main measure of the market. In 2005 the Korea Stock Exchange was merged with the futures exchange and the technology-oriented KOSDAQ market to form the Korea Exchange, with its main offices in Busan and Seoul. It is one of the larger exchanges in Asia, and is home to companies such as Samsung Electronics and Hyundai.
Before and after
- 1953Construction of Zurich Airport
- 1953Founding of Bank Indonesia
- 1953Publication of Fahrenheit 451
- 1953Founding of Eurostat
- 1953Founding of Korean Stock Exchange
- from 1953 to 1963Federation of Rhodesia and Nyasaland
- 1953The Miller-Urey experiment makes amino acids from simple gases
- 20 January 1953Birth of Jeffrey Epstein
- 24 January 1953Birth of Moon Jae-in
More in Society, economy & sport
- 1945Founding of International Court of Justice
- 27 December 1945Founding of World Bank
- 15 June 1954Founding of Union of European Football Associations
- 14 September 1960Founding of Organization of the Petroleum Exporting Countries
- 8 December 1991Founding of Commonwealth of Independent States
- 4 February 2004Founding of Facebook
The era
This moment belongs to the Contemporary world (1945 CE to today), the world since 1945. You can also browse everything in the 20th century.