Mirae Asset tops W40tr in market cap

Mirae Asset Securities has overtaken major banking groups in market capitalization, lifted by surging earnings and a roaring equity market. As of Friday’s close, the brokerage was valued at 40.2 trillion won ($27.8 billion), its first finish above the 40 trillion won mark. Shares ended at 70,900 won after touching an all-time intraday high of 74,400 won. The valuation places Mirae Asset ahead of Hana Financial Group and Woori Financial Group, which stood at 29.95 trillion won and 36.54 trillion

By The Korea Herald