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 MarketThe Hang Seng tumbled 525 points, or 2.0%, to end at 25,500 on Thursday, ending a three-day advance as fears of a prolonged Middle East conflict fueled stagflation concerns. Energy infrastructure strikes kept crude prices elevated, unsettling global markets. Meanwhile, Beijing’s tighter scrutiny of offshore-incorporated Chinese firms seeking Hong Kong listings clouded the city’s IPO outlook. Mainland shares also slid to their lowest since early January. Losses were partly cushioned by expectations that the PBoC will keep lending rates at record lows for a 10th straight month, with the March fixing due Friday. All Hong Kong sectors fell, led by property, financials, and tech. Notable laggards included Knowledge Atlas (-12.5%), Tencent (-7.0%), and China Hongqiao Group (-6.3%). Gold miners also retreated sharply after bullion slipped below USD 5,000 per ounce for the first time in a month, with Zijin Gold Intl. (-9.5%), Zhaojin Mining (-8.6%), and Laopu Gold (-5.5%) among the worst hit.
