Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix erased earlier gains but is still up around 2% after investors decided tech stocks may be the best place to navigate cross-currents from the US-Iran deal, Warsh's first Fed policy meeting, and the Bank of Japan raising rates.
- South Korean stocks fall after the benchmark Kospi Index touched a record high, as risk-off sentiment swept global markets ahead of the weekend while investors assessed the durability of the recently signed US-Iran peace agreement. Samsung is down 2.4%.
- The dollar is rallying, giving people less space to breathe in markets that don't have many tech stocks, for example Indonesia. Telkom Indonesia is down more than 6%.