DEFINITION of 'Korean Composite Stock Price Indexes - KOSPI'
A series of indexes that track the overall Korean Stock Exchange and its components. These indexes use a weighted average based on market calculation to calculate the value of the indexes.
BREAKING DOWN 'Korean Composite Stock Price Indexes - KOSPI'
The most well-known KOSPI index is the KOSPI 200, which comprises the 200 largest publicly-traded companies on the Korean Exchange. This index is seen as a barometer of the overall movements of the Korean stock market, and is used to benchmark the performance of investors and funds in the Korean market.