The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics’ preliminary earnings report. It was trading at 7,947, down by 15% from its highest point this year. Foreign investors are selling South Korean stocks There are signs that the Kospi Composite Index has
Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares are rising after the EasyJet buyout and falling jet fuel prices IAG, the parent company of British Airways, LEVEL,
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from it lowest level this year. This article highlights some of the top companies that drove the index to an all-time high. Caterpillar is the best-performing
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after
Sandisk stock price has suffered a harsh reversal recently as its historic bull run hits a wall. SNDK dropped roughly 14% on Thursday, July 2, ahead of the holiday weekend, reaching its lowest level since mid-June. It has now slumped by roughly 25% from its recent all-time high, even as top Wall Street analysts have
The Japanese yen jumped sharply on Thursday as traders braced for a potential intervention by the Bank of Japan (BoJ). The USD/JPY pair retreated to a low of 160.62 from the year-to-date high of 162.84. US published weak non-farm payrolls data The USD/JPY pair retreated after the US published the latest non-farm payrolls (NFP) report.
The Hang Seng Index retreated by over 10% in the first half of the year as some of the biggest Chinese technology companies lagged behind their global peers like the Nikkei 225 and Kospi, which jumped by 34% and 85%, respectively. Top Hang Seng Index stocks have retreated this year Hong Kong’s Hang Seng Index
The Kospi Index slumped by over 7% as volatility in South Korea’s equity market continued. It plunged to a low of 7,733, down by 17.50% from its highest point this year. Memory stocks drag the Kospi Index lower The Kospi Composite Index remained on edge today as its recent volatility gained momentum. It has become
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on Thursday, up by 37% this year. This article looks at the key catalysts that will drive the index this month. Nikkei 225 Index to react
Bitcoin price rose for the second consecutive day despite the rising ETF outflows and the fear that Strategy (formerly MicroStrategy) will dump some of its holdings. BTC jumped to $60,870, up modestly from the year-to-date low of $58,000. Spot Bitcoin ETF outflows continued Demand for Bitcoin remains thin this week as investors continue their selling