The South Korea stock market has climbed higher in back-to-back sessions, rallying more than 420 points or 8 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 5,370-point plateau although investors may book profits on Thursday.
The global forecast for the Asian markets is unclear, with technology stocks likely under pressure while oil, pharmaceutical and housing stocks offering support. The European and U.S. markets were mixed to lower and the Asian bourses figure to follow that lead.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.