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Asian Market Updates

South Korea Stock Market May Run Out Of Steam On Wednesday

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

The South Korea stock market has moved higher in back-to-back sessions, collecting almost 170 points or 2.6 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 6,640-point plateau although it's due for profit taking on Wednesday.

The global forecast for the Asian markets is negative on weakness among the tech shares and because of the ongoing conflict in the Middle East and its effect on oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.

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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.