Most listed brokers saw earnings pressure in the June quarter. Trading activity in equity derivatives slowed, and gold and silver rallies reversed. Motilal Oswal Financial Services revenue surged eighty-eight percent during this period. Angel One and Anand Rathi Share & Stock Brokers reported profit declines. Investor participation remained healthy, but trading volumes were volatile.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK