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KOSPI Index Jumps After Wild Circuit Breaker Session

1 hour ago 624
A downward-trending red market graph displaying the flags of South Korea and the United States.

The post KOSPI Index Jumps After Wild Circuit Breaker Session appeared first on Coinpedia Fintech News

Asian markets are rebounding broadly as fears of a US rate hike ease and Wall Street’s rally lifts sentiment. South Korea’s KOSPI gained 1.09%, Japan’s Nikkei rose 0.67%, Hong Kong’s Hang Seng jumped 2.22%, and Shanghai added 0.70%, with lower US yields and softer Fed expectations boosting risk appetite. The KOSPI’s rebound follows a wild …

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