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Asian Market Updates

Tech Shares May Weigh On South Korea Stock Market

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

The South Korea stock market rebounded hard on Tuesday, one day after halting the four-day winning streak in which it had jumped more than 270 points or 5.5 percent. Now at a fresh record closing high, the KOSPI sits just beneath the 5,290-point plateau may head south again on Wednesday.

The global forecast for the Asian markets is negative, with technology stocks expected to lead the markets lower. The European and U.S. markets were down and the Asian bourses figure to open in similar fashion.

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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.

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