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Asian Market Updates

Profit Taking Expected For South Korea Stock Market

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

The South Korea stock market bounced higher again on Thursday, one session after snapping the four-day winning streak in which it had surged more than 430 points or 8.2 percent. Now at a fresh record closing high, the KOSPI now sits just above the 5,575-point plateau although it may head south again on Friday.

The global forecast for the Asian markets is soft on ongoing geopolitical concerns. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.

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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.