Deep Tide TechFlow news: On July 28, the decline in Asian technology stocks pushed the emerging market benchmark index to its lowest level in three months, but a fall in oil prices helped keep European stocks and currencies from being sold off. As of 16:00 Beijing time, the MSCI Emerging Markets Index was down 3.6%, marking the largest single-day drop since late June, and also the weakest level since April.



On Tuesday, the South Korean stock market saw a series of trading suspensions, and weak sentiment among chipmakers spread across all sectors. The Korea KOSPI index plunged nearly 11%, while both Samsung Electronics and SK Hynix shares fell by more than 13%. (Jin10)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned