South African rand firms ahead of factory activity, vehicle sales figures

South African rand firms ahead of factory activity, vehicle sales figures  reuters.com

SEOUL, Aug 3 : South Korea's factory activity expanded at a stronger pace in July on a jump in export demand, a survey showed on Monday.• The purchasing managers index (PMI), published by S&P Global, stood at 53.1 in July, up from 52.1 in June, staying above the 50 mark separating expansion from contraction for an eigh

South Korea’s Kospi index has jumped more than 16% as artificial intelligence-related stocks bounced back after losses this week

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks  AP News

South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks  Toronto Star

South Korea’s Kospi index has jumped more than 13%, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week

Seoul stocks surged by double digits shortly after Friday's opening, triggering buy-side trading curbs on both the Kospi and Kosdaq indexes within minutes. As of 9:20 a.m., the Kospi was trading nearly 13 percent higher at 6,313 points, remaining in double-digit territory after climbing as much as 14 percent to an intr

It may be a harbinger of things to come

The benchmark KOSPI .KS11 sees steep decline as interest in chipmakers falls.

It’s no secret that investors are getting nervous about AI, leaving chipmakers’ shares struggling. Wednesday brought further evidence with South Korea’s Kospi (Korea Composite Stock Price Index) falling another 6%. The stock index is down over 32% in just the last month.  The significant decline follows poor performanc

The Nigerian stock market saw a significant rebound, gaining N482bn as renewed buying interest lifted the overall market capitalization. Discover top gaine

South Korea halted Kospi trading for 20 minutes after the index plunged more than 8% Tuesday, led by steep losses in major chip stocks.