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Illustration of the KOSPI index reaching 8000 points with AI rally elements in a Seoul trading setting.
Image generated by AI

KOSPI surpasses historic 8,000-point landmark amid AI rally

Reported by AI Image generated by AI

South Korean stocks surged past the historic 8,000-point mark on the KOSPI index Friday, driven by a continued rally in large-cap tech shares tied to artificial intelligence.

Foreign portfolio investors have pulled out rs 27,000 crore from indian markets during may. Total outflows for 2026 have now reached rs 2.2 lakh crore. Analysts link the trend to ongoing global uncertainties.

Reported by AI

India is facing growing pressure in global markets because it has not benefited from artificial intelligence gains seen elsewhere. The country risks dropping out of the world's top five stock markets.

Investor interest in unlisted shares has declined sharply, pushing trading volumes down by as much as 70 percent. Lower prices and fewer new offerings have contributed to the slowdown. Activity remains steady for some popular companies, though demand has weakened in certain sectors.

Reported by AI

Wall Street markets closed higher on May 13, led by gains in the technology sector ahead of the US-China meeting.

US consumer prices rose more than expected in April, sending stocks lower and pushing bitcoin briefly under the key $80,000 level before a modest recovery. The data reinforced bets that the Federal Reserve will hold rates steady.

Reported by AI

Grupo Nutresa has surpassed 135 trillion pesos in market capitalization, displacing Ecopetrol as Colombia's most valuable listed company. The milestone came a day after reporting first-quarter results. Nutresa shares reached 304,000 pesos, up 1,034% since the first takeover bid in 2021.

 

 

 

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