South Korea Shares May Run Out Of Steam On Thursday

RTTNews | Pred 540 dňami

(RTTNews) - The South Korea stock market has climbed higher in two straight sessions, advancing almost 35 points or 1.2 percent along the way. The KOSPI now rests just above the 2,690-point plateau although it may be due for consolidation on Thursday.

The global forecast is mixed and flat amid a lack of catalysts, with expected weakness from the technology stocks likely offset by gains from the oil companies. The European and U.S. markets were mixed and little changed and the Asian bourses figure to follow that lead.

The KOSPI finished modestly higher on Wednesday following gains from the financial shares and mixed performances from the technology, chemical and industrial companies.

For the day, the index added 11.76 points or 0.44 percent to finish at 2,693.57 after trading between 2,679.54 and 2,701.45. Volume was 491 million shares worth 10.7 trillion won. There were 444 gainers and 428 decliners.

Among the actives, Shinhan Financial soared 4.62 percent, while KB Financial surged 5.87 percent, Hana Financial spiked 2.18 percent, Samsung Electronics climbed 1.09 percent, LG Electronics eased 0.20 percent, SK Hynix retreated 1.27 percent, Naver skidded 1.10 percent, LG Chem added 0.66 percent, Lotte Chemical sank 0.75 percent, S-Oil tumbled 1.86 percent, SK Innovation was down 0.12 percent, POSCO shed 0.44 percent, SK Telecom advanced 0.95 percent, KEPCO gained 1.05 percent, Hyundai Mobis rallied 1.20 percent, Hyundai Motor accelerated 2.90 percent, Kia Motors slid 0.16 percent and Samsung SDI was unchanged.

The lead from Wall Street is weak as the major averages opened mixed on Wednesday and finished the same way, little changed.

The Dow added 37.83 points or 0.10 percent to finish at 39,043.32, while the NASDAQ sank 87.87 points or 0.54 percent to close at 16,177.77 and the S&P 500 fell 9.96 points or 0.19 percent to end at 5.165.31.

The pullback by the Nasdaq partly reflected weakness in the tech sector, with AI darling Nvidia (NVDA) slumping by 1.1 percent.

Overall trading activity remained subdued ahead of several key reports in the coming days, including producer prices, jobless claims, industrial production and retail sales.

Oil prices rose sharply on Wednesday after data showed an unexpected drop in U.S. crude inventories last week, while supply disruptions in Russia also contributed to the rise in oil prices. West Texas Intermediate Crude oil futures for April rose $2.16 or 2.8 percent at $79.72 a barrel.

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.

RTTNews | Pred 2 h 8 min

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.

RTTNews | Pred 2 h 43 min

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.

RTTNews | Pred 3 h 19 min

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | Pred 5 h 46 min

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.

RTTNews | Pred 6 h 4 min

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.

RTTNews | Pred 6 h 33 min

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.

RTTNews | Pred 6 h 37 min

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.

RTTNews | Pred 6 h 55 min

EURUSD	1.16511	GBPUSD	1.34355	AUDUSD	0.65174
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