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Asian Market Updates

South Korea Shares Due For Consolidation

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

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 500 points or 10 percent. The KOSPI now sits just above the 5,580-point plateau although it's likely to see profit taking on Monday.

The global forecast for the Asian markets is negative on surging oil prices and the ongoing war in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.

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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.