U.S. stock indexes tumbled as investors priced in a prolonged Middle East conflict, with Brent Crude futures topping $100 and 10-year Treasury yields exceeding 4.7% after new attacks on tankers, raising concerns about inflation and borrowing costs.
China's yuan-denominated stock indexes are set to increase the representation of technology companies, a move expected to attract more investment and enhance the sector's appeal. Leading AI chipmakers and new-economy stocks will be added to key gauges.
Taiwan's stock market, led by TSMC, hit a record high amid AI optimism and easing Middle East tensions. China's SMIC also reached its upper limit on the Shanghai stock exchange.
South Korea's KOSPI index reached a new intraday high of 6,361.17, surpassing its pre-Middle East crisis level from Feb. 26. The index rose nearly 2% as optimism around US-Iran peace talks, record Samsung earnings, and returning foreign investors boosted sentiment. Goldman Sachs raised its 12-month target to 8,000 points, while JPMorgan set a bull case of 8,500 points.
SEOUL, April 21 (Yonhap) -- South Korea's benchmark stock index breached a pre-M...
South Korea's benchmark KOSPI stock index rose nearly 2% to around 6,340 points on Monday, surpassing its previous high of 6,307.27 recorded on Feb. 26 before the Middle East crisis. The index opened higher and hovered near the new high level, signaling potential for another record close.
La Borsa di Budapest ha registrato un'ampia crescita (+4,9%) chiudendo a 139.459 punti, in seguito all'esito delle elezioni in Ungheria che hanno visto la sconfitta di Viktor Orban e la vittoria di Peter Magyar.
