- published: 16 Nov 2015
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The Korea Composite Stock Price Index or KOSPI (코스피지수) is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It's the representative stock market index of South Korea, like the Dow Jones Industrial Average or S&P 500 in the U.S.
KOSPI was introduced in 1983 with the base value of 100 as of January 4, 1980. It's calculated based on market capitalization. As of 2007, KOSPI's daily volume is hundreds of millions of shares or (trillions of won).
KOSPI (한국종합주가지수 Hanguk jonghap juga jisu) was introduced in 1983, replacing Dow-style KCSPI (Korea Composite Stock Price Index).
For years, KOSPI moved below 1,000, peaking above 1,000 in April 1989, November 1994, and January 2000.
On June 17, 1998, KOSPI recorded its largest one-day percentage gain of 8.50% (23.81 points), recovering from the bottom of the Asian financial crisis.
On September 12, 2001, KOSPI had its largest one-day percentage drop of 12.02% (64.97 points) just after 9/11.
I lived my life on a razor blade
Never found escape in my empty shade
Till came one day when the c.i.a
Said we need you bad down in leningrad
I took my life of a legal alien
A "bolivian dancer" that's what i was
And I knew I found my aim
Just telephone mama
Just living on a poison pill
Just telephone mama
A robot dressed to kill
Telephone mama
That's all I kept in mind
Just telephone mama
The rest is left behind
I met freulein in a french caf?
Just a cigarette and "les jeux sont faits"
Till came one night when she was in sight
Through the bathroom door saw her seek for more
I took my colt and I pointed at her eyes
A sentimental cancer that's what it was
And I knew I lost my prize
Just telephone mama
Just living on a poison pill
Just telephone mama
A robot dressed to kill
Telephone mama
That's all I kept in mind
Just telephone mama
The rest is left behind
She looked at me god she was so sweet
She knelt to my feet said she had to cheat
Cause she lived her life on the sharpest knife
And the k.g.b never let her breathe
I took her hand we decided to go far
The naivest "dancer" that's what I was
And two men approached the car
Just telephone mama
Just living on a poison pill
Just telephone mama
A robot dressed to kill
Telephone mama
That's all I kept in mind
Just telephone mama