LOGO
LOGO

Asian Market Updates

Overbought KOSPI Called Higher Again On Wednesday

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

The South Korea stock market rebounded hard on Monday, one session after ending the three-day winning streak in which it had jumped almost 220 points or 3.4 percent. Now at a fresh record closing high, the KOSPI sits just beneath the 6,940-point and it has a positive lead again on Wednesday.

The global forecast for the Asian markets is positive, thanks to easing crude oil prices. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update - April 27 – May 01, 2026

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.

Latest Updates on COVID-19