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Asian Market Updates

KOSPI May Hand Back Tuesday's Gains

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The South Korea stock market bounced higher again on Tuesday, one session after snapping the four-day winning streak in which it had advanced almost 65 points or 2.7 percent. The KOSPI now rests just above the 2,480-point plateau although it may open under renewed consolidation on Wednesday.

The global forecast for the Asian markets is soft, with losses among technology stocks likely to be mitigated by continued support from oil shares. The European markets were mixed and little changed and the U.S. markets were down and the Asian bourses figure to split the difference.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.