AI Craze Drives Record Quarterly Foreign Flows to Korean Stocks

-- Investors’ frenzy over artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related stocks.Investors Spoiled for Choice With Top Ice Cream Makers for Sale

There may be room for more inflows, Goldman Sachs Group analysts including Timothy Moe noted in a recent report. Kospi’s foreign ownership remained “light” as $50 billion of investment fled the country between 2020 and 2022, they wrote. “Foreign investors are expected to keep buying Korean stocks in the cash market as there is momentum from the AI and rising visibility from the memory sector’s turnaround,” he said.Key Insights Using the 2 Stage Free Cash Flow to Equity, Wesfarmers fair value estimate is AU$69.95 With AU$68.40 share...

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

AI Craze Drives Record Quarterly Foreign Flows to Korean StocksInvestors’ frenzy over artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related stocks.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Solana's Market Share Surges as Memecoin Frenzy Drives Network ActivitySolana's daily market share has steadily increased from 9% to over 12% through the week, marking a significant shift in network fee capture. The surge in activity was driven by the launch of new memecoins and the influx of retail traders. The network saw a record-high of 2.1 million daily active users on March 17th. The memecoin frenzy also led to increased activity on Solana-based decentralized exchanges, and the total value locked surpassed $8 billion for the first time since January 2021. The network traffic has been beneficial for the native token, SOL.
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »