KB Financial Gains, Fast Retailing Dips, Cosco Shipping Up | Stock Movers
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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Asian financial stocks including KB Financial Group rise, outperforming the broader market, on expectations that rising rates would lift bank margins and returns on fixed-income investments. - Fast Retailing Co. shares fell as much as 3.8%, after a drop in the August sales of the company’s retail brand, Uniqlo. - Cosco Shipping and other shipping stocks are benefiting from charging higher rates due to instability in the Middle East. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: https://www.youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauU Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts V
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