Global Market Weekly: South Korean stock market and crude oil prices both rise
2026-08-15 05:55:49
According to CoinMeta, the global market performed brightly this week. The South Korean stock market KOSPI rose by 8%, entering a technical bull market, with foreign capital returning to Samsung Electronics and SK Hynix, benefiting from the rebound in demand for memory chips. Meanwhile, the price of WTI crude oil increased by 8%, and Brent crude oil rose by nearly 5%, with tensions in the Middle East continuing to drive up oil prices. Chinese internet stocks fell by 6% due to investors' concerns about over-investment in AI and the semiconductor sector. The Brazilian stock market declined by 4% due to fiscal anxieties during the election year.
Source:X
This content is for market information only and does not constitute investment advice.
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