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KOSPI May Reverse Some Of Monday's Damage

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

Ahead of Monday's holiday for Independence Movement Day, the South Korea stock market had ended the six-day winning streak in which it had surged more than 800 points or 13.7 percent to a fresh record closing high. The KOSPI now sits just above the 6,240-point plateau although it may bounce higher again on Tuesday.

Th global forecast for the Asian markets is mixed, with geopolitical concerns expected to war with bargain hunting. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.

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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.