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 Shanghai Composite climbed 1.1% to 3,843 on Friday, while the Shenzhen Component surged nearly 4% to 13,810, led by a sharp rebound in semiconductor and AI-related stocks. The rally was fueled by renewed optimism over AI spending after major US tech firms reinforced their aggressive investment plans. Adding to the positive sentiment were Microsoft’s strong earnings and robust Azure growth. Among the top gainers were Cambricon Technologies (10.2%), SMIC (8.1%), Zhongji Innolight (13.7%), and Eoptolink Technology (14.4%). Meanwhile, China’s manufacturing PMI slipped into contraction for the first time since February in July, while the non-manufacturing PMI also unexpectedly declined. The weak readings reinforced concerns over slowing growth after Q2 GDP fell below the government’s 4.5%-5% target range. The Politburo pledged timely and effective policy support but offered few details on additional stimulus measures. Despite Friday’s gains, both benchmarks were set for monthly losses.
