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 shares rose 25 points or 0.3% to 9,098 on Tuesday morning, reversing weakness in the prior four sessions. Bargain hunters entered after markets hit a two-week low, picking selective stocks in healthcare, manufacturing, non-energy minerals, and consumer non-durables. Sentiment also improved after August consumer sentiment hit a nine-month peak as mortgage holders became less concerned about further interest rate increases. However, gains were capped by losses on Wall Street overnight as oil prices spiked, stoking inflation concerns, amid escalating geopolitical tensions in the Middle East. In top trading partner China, July activity data showed the economy lost momentum as consumer spending stalled and urban investment contracted at a faster pace while unemployment ticked higher. Heavyweight BHP Group jumped 3.3% while other movers included Pro Medicus (13.1%), Cochlear Ltd. (6.0%), and JB Hi-Fi (1.5%). In contrast, the four big banks fell between 0.5% and 1.4%.
