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Kospi

All articles tagged with #kospi

Asian Tech Stocks Lead Market Recovery Amid Global Gains

Originally Published 2 months ago — by CNBC

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Source: CNBC

South Korea's Kospi surged over 3% led by banking and insurance stocks, as Asian markets rebounded following last week's AI-driven declines and mixed economic data, including higher-than-expected Chinese inflation and cautious Bank of Japan policy signals, amidst a complex global economic backdrop.

"Global Markets React to Economic Data, UN Cease-Fire Demand, and Tech Rally"

Originally Published 1 year ago — by Investing.com

Featured image for "Global Markets React to Economic Data, UN Cease-Fire Demand, and Tech Rally"
Source: Investing.com

Most Asian stocks traded in a tight range as anticipation of key economic readings and inflation data kept sentiment cautious, with South Korean stocks rallying on the back of tech stocks boosted by artificial intelligence hype. Meanwhile, Japanese and Australian markets remained muted ahead of inflation readings, while Chinese stocks struggled amid concerns over slowing economic growth.