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Tech Shares May Lift South Korea Stock Market

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The South Korea stock market bounced higher again on Wednesday, one session after it had ended the three-day winning streak in which it had collected almost 60 points or 3.1 percent. The KOSPI now rests just beneath the 1,930-point plateau and it may inch higher again on Thursday.

The global forecast for the Asian markets is mixed to lower, with support from technology stocks offset by weakness from energy stocks and poor economic data. The European and U.S. markets were mostly lower and the Asian bourses figure to follow that lead.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.