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 rose 0.2% to 3,974 on Wednesday, while the Shenzhen Component slipped 0.3% to 14,891, as investors weighed signs of an uneven economic recovery in China. GDP growth slowed to 4.3% year-on-year in the second quarter from 5.0% in Q1, missing market expectations of 4.5%. It marked the weakest expansion since Q4 2022 and below the government’s 2026 target range of 4.5%–5.0%. Moreover, fixed-asset investment dropped 5.7% year-on-year in the first half, worse than the expected 4.9% decline and the 4.1% fall recorded in the January–May period. On a positive note, industrial production accelerated to a three-month high of 5.3% in June, while retail sales unexpectedly rebounded to 1%. In addition, the urban unemployment rate fell to a one-year low of 5.0%. Financial stocks underperformed, led by Industrial and Commercial Bank of China (-0.9%), Agricultural Bank of China (-1.3%), and China Construction Bank (-1.9%).
