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 0.7% to 3,792 on Monday, while the Shenzhen Component gained 1.8% to 13,960, rebounding from last week’s sharp losses as authorities ramped up efforts to shore up investor confidence and stabilize the country’s struggling equity market. China Reform Holdings and China Chengtong Holdings said they boosted holdings of Chinese stocks and vowed further purchases to help stabilize markets. Meanwhile, state media reported that the securities regulator will meet market participants on Monday to discuss measures to support the stable development of capital markets. On the monetary policy front, the PBoC left its key lending rates unchanged at record lows for a 14th straight month in July, with the one-year loan prime rate steady at 3% and the five-year LPR at 3.5%, despite weaker-than-expected Q2 GDP data highlighting the uneven recovery. Banks led the gains, with ICBC (2.4%), Agricultural Bank of China (1.4%), and China Construction Bank (3.7%) advancing.
