South Korea’s Kospi reached a new record high on Thursday, reflecting the upward momentum observed on US Market, while various Asian markets resumed trading following the Lunar New Year holiday. The Kospi index surged over 3% to achieve a new record high, closing at 5,677.25, driven by significant gains in major constituents Samsung Electronics and Read More
Japanese stocks continued their upward trajectory, reaching yet another record high on Thursday, buoyed by a resurgence of confidence in domestic politics and the economic agenda of the ruling administration. However, experts caution that there exists a disjunction between the stock market and underlying economic fundamentals. Japan’s benchmark Nikkei 225 index surpassed 58,000 in early Read More
Japanese stocks have reached unprecedented levels, fueled by a resurgence of confidence in domestic political dynamics and the economic strategies of the ruling administration. However, analysts caution that there exists a disjunction between the stock market performance and underlying economic fundamentals. Japan’s Nikkei 225 has achieved notable milestones in recent days, surpassing 56,000, then 57,000, Read More
Asian markets experienced a predominantly lackluster session on Friday, following a technology-driven decline on US Market. South Korea’s Kospi experienced a decline of up to 5% at one stage, yet the index reduced its losses and ultimately closed down 1.44% at 5,089.14; the small-cap Kosdaq fell by 2.49%, finishing at 1,080.77. Index heavyweights Samsung Electronics Read More
On Tuesday, markets in the Asia-Pacific region experienced an uptick, with numerous benchmarks significantly increasing, reflecting the positive momentum observed on US market. South Korea’s Kospi spearheaded regional advances, surging almost 7% to finish at 5,288.08, which momentarily activated a temporary halt, or sidecar, in purchase orders. Following a decline on Monday, major players SK Read More
Japanese indexes reached record highs on Wednesday amid speculation that Prime Minister Sanae Takaichi may announce a snap election, potentially scheduled for February. Reports of a sudden election occurring while the Japanese leader experiences significant popularity have intensified the phenomenon known as the “Takaichi trade.” This situation is marked by a depreciating yen, which benefits Read More
Japan’s Nikkei reached an unprecedented peak on Tuesday, as markets adjusted to US Market’s two-day upswing following a public holiday closure. The Nikkei advanced by as much as 3.6%, reaching a historic high of 53,814.79. Meanwhile, the broader Topix increased by as much as 2.4%, reaching a new high of 3,599.31. Prominent Japanese equities experienced Read More
