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 Hang Seng Index fell 1.1%, or 260 points, to 25,307 at the open on Tuesday, as renewed US-Iran tensions pushed oil prices higher and heightened concerns over inflation and further monetary tightening. Brent crude extended its advance after the latest escalation raised risks of prolonged disruptions to energy flow through the Strait of Hormuz. The decline came despite signs of improving Chinese manufacturing activity. China’s RatingDog Manufacturing PMI rose to 51.5 in August from 50.9 in July, pointing to a stronger expansion in private-sector factory activity. Meanwhile, Shein made its long-awaited Hong Kong debut, but shares fell sharply after opening, dropping more than 9% shortly after trading began. The company raised HK$13.6 billion in its IPO at HK$48.56 per share, valuing it at about US$26.5 billion. Renewed weakness in China’s property sector also weighed on sentiment. Notable laggards included Tencent (-2.1%), AIA (-0.2%), Kingboard Laminates (-2.9%), and Meituan (-1.1%).
