Stock market
KOSPI opens lower amid inflation woes and US tech slump
Imeripotiwa na AI Picha iliyoundwa na AI
South Korean stocks opened lower Tuesday amid growing concerns over inflation and an overnight slump in U.S. tech shares.
The Dax gave up its holiday gains on Friday and closed below the 24,000-point mark. The benchmark index ended the week two percent lower at 23,950 points.
Imeripotiwa na AI
Tank manufacturer KNDS intends to proceed with its stock market listing on the original schedule and will not wait for a possible stake by the German government. Chief executive Jean-Paul Alary confirmed on Friday that preparations continue.
The Ibovespa surged 3.24% on Monday (23), reaching 181,900 points, driven by Donald Trump's statements on US-Iran talks. Brent oil dropped 9.6% to $96.3, and the dollar fell to R$5.23.
Imeripotiwa na AI
South Korean shares opened sharply lower on March 19 amid attacks on Middle East energy facilities during the US- and Israel-led war against Iran. The US Federal Reserve's decision to keep rates unchanged further dampened sentiment. The KOSPI fell 2.16% in the first 15 minutes.