Pakistan’s stock market has surged over 40% this year, outperforming India’s relatively subdued 9% return. This rally is driven by retail investors shifting to equities amid low returns elsewhere and improved economic sentiment, with two ratings agencies upgrading the country. Indian markets faced headwinds from foreign investor outflows due to developed market performance and currency concerns, alongside slower earnings growth.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq