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South Korea's KOSPI index closed down 39.91 points, or 0.79%, at 5,019.78 on Monday, Nov. 9.

2026-11-09

South Korea's KOSPI index closed down 39.91 points, or 0.79%, at 5,019.78 on Monday, Nov. 9.

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2026-11-09

Funds are selling off heavily amid the oil price crash—should we follow suit? While both involve "selling," the underlying dynamics are entirely different. Behind the $6.6 billion in sell orders, three-quarters are winners taking profits. Has the oil

Funds are selling off heavily amid the oil price crash—should we follow suit? While both involve "selling," the underlying dynamics are entirely different. Behind the $6.6 billion in sell orders, three-quarters are winners taking profits. Has the oil market reversed its bullish/bearish stance? Keep a close eye on one data point and two time windows going forward.
2026-11-09

The Hang Seng Index opened up 0.59% but reversed to close down 0.13% at 24,448.95. The Hang Seng TECH Index fell 0.92% to 4,040.73. Market turnover was HKD 173.7 bln, down from HKD 247.4 bln in the prior session. Most sectors closed lower; coal, batt

The Hang Seng Index opened up 0.59% but reversed to close down 0.13% at 24,448.95. The Hang Seng TECH Index fell 0.92% to 4,040.73. Market turnover was HKD 173.7 bln, down from HKD 247.4 bln in the prior session. Most sectors closed lower; coal, batteries and biotech outperformed while consumer electronics, medical devices and PCB stocks led declines. Tech names slid after midday; autos and memory/storage-related stocks posted notable losses. Leapmotor (09863.HK) fell 7.04%, Meituan (03690.HK) fell 6.53%, WuXi Biologics rose 2.73% and WuXi AppTec (02359.HK) rose 2.27%.
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