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Asian Market Updates

Overbought KOSPI Called Higher Again On Thursday.

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

The South Korea stock market has finished sharply higher in back-to-back sessions, skyrocketing almost 800 points or 11 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 7,380-point and it's got a positive lead again for Thursday's trade.

The global forecast for the Asian markets is positive on hopes for an end to hostilities in the Middle East. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.

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