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Asian Market Updates

KOSPI Overdue For Consolidation On Friday

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

The South Korea stock market has moved higher in four straight sessions, surging almost 290 points or 4.4 percent on its way to a fresh record closing high. The KOSPI now sits just above the 6,475-point plateau although investors are likely to lock in gains on Friday.

The global forecast for the Asian markets is soft on surging crude oil prices that correspond with tensions in the Middle East. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to open lower.

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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.