S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The ASX 200 slipped 16 points or 0.2% to end at 9,076 on Monday, the final trading day of August, reversing prior gains as U.S. stock futures fell after oil prices spiked on fresh U.S. strikes against Iranian rocket launchers near the Strait of Hormuz. Hawkish remarks from Fed Chair Warsh added to rate-hike jitters. Locally, Australia’s private sector credit rose 0.6% in July, the weakest in five months. Meanwhile, services activity in top trading partner China stayed soft in July despite a rebound in manufacturing output. Losses in tech, non-energy minerals, and consumer names offset strength in communications and financials. Heavyweights BHP and Rio Tinto fell over 2%, while Northern Star Resources and Evolution Mining slid 5.2% each. Star Entertainment lost 3.9% despite narrowing its annual loss. In contrast, the big four banks rallied. The index logged its fifth straight monthly gain, up 1.1%, lifted by bargain hunting. Traders now eye Q2 GDP and July trade data later this week.
