Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- South Korea’s equity benchmark Kospi drops as much as 1.5% to fall below the 6,000 mark, erasing earlier gains as foreign selling accelerated after ASML’s results. SK Hynix, Samsung Life and Shinhan Financial Group are the biggest drags.
- Asia AI infrastructure stocks, including Lenovo Group, slump after Barclays downgrades US hardware peers on valuation and enterprise AI spending concerns.
- TCS and Indian IT stocks rose in early Mumbai trading after Accenture’s growth targets were viewed positively ahead of its investor day event.