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
Australian stocks were little changed in early Monday trade, hovering near 8,737 after four straight sessions of losses. The market lingered at its weakest in almost two months last week as cost pressures and expectations of prolonged Reserve Bank tightening continued to weigh on sentiment. Meanwhile, U.S. equity futures dropped sharply as oil prices jumped following weekend strikes on Saudi Arabia and Gulf shipping. Gains in consumer non-durables, energy minerals, and commercial services offset declines in healthcare, manufacturing, and non-energy minerals. Three of the four major banks rose modestly, while energy names Woodside (0.8%) and Santos (0.9%) advanced. On the downside, BHP slipped 1.1%, Goodman Group fell 1%, Evolution Mining dropped 2.5%, and Lynas Rare Earths tumbled 3.3%. Traders now await remarks from RBA’s Sarah Hunter later today and key activity data from top trading partner China this week.
