Kospi
Found 5 recent publications
South Korean KOSPI Plunges 8.2% as Tech Stocks Suffer Massive Sell-Off
South Korea's KOSPI index plunged 8.2% amid US inflation fears and a tech sell-off, triggering a circuit breaker. Concurrently, the president shared data showing a decline in suicides, urging citizens to seek help.
Asian Markets Decline as LG Reports Weak Profits and Rakuten Faces Cyberattack
Asian stock markets fell as LG Electronics reported weaker-than-expected quarterly operating profits, and Rakuten shares dropped following a cloud storage cyberattack.
The world's craziest stock market has become a nightmare journey
A gradual collapse in South Korea's KOSPI index wiped out $2.5 trillion in market value and left investors who bet on the AI boom with heavy losses.
AI boom brings back optimism: KOSPI in a bull rally
Globes presents the first update on the state of global markets. Global optimism led by AI and a strong earnings season. Rally in Asia: South Korea's KOSPI jumps 4.1% into bull market territory. Positive arbitrage in Tel Aviv led by chip stocks. Too good to last? Why Wall Street fears peak earnings in the S&P 500
Meltdown in Korea: KOSPI dives 11% led by SK Hynix stock
Investors are fleeing chip stocks: the collapse of SK Hynix and Samsung deepens the meltdown in Korea, as markets await the Fed's decision and the reports of Microsoft and Meta.