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KOSPI May See Profit Taking On Monday

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

The South Korea stock market has moved higher in nine straight sessions, surging more than 250 points or 7.9 percent along the way. Now at another fresh record closing high, the KOSPI sits just beneath the 3,350-point plateau and it is overdue for consolidation on Monday.

The global forecast for the Asian markets is soft, with geopolitical concerns in the Middle East likely to weigh. The European and U.S. markets were mostly lower and the Asian markets figure to open in similar fashion.

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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.