Asian stocks mirrored Wall Street’s tech sell-off, with South Korea’s Kospi leading losses amid concerns over high valuations and spending. While tech giants like Alphabet and Arm Holdings saw declines, futures for US gauges rose, suggesting easing selling pressure. Gold and silver advanced, continuing their rebound from a recent plunge.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires