Trent Ltd shares faced renewed pressure as its Q3 business update missed market expectations, raising concerns about slowing growth and increased competition. Despite a 17% reported growth, analysts had anticipated around 22%, highlighting a miss due to a normalizing base and intensifying competition in the value fashion segment.
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