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 0.5%, or 118 points, to 24,687 on Monday, extending losses for a fourth straight session as investors remained cautious amid renewed concerns over higher oil prices and the outlook for global interest rates. The decline came as renewed Middle East tensions pushed crude prices higher, raising concerns over inflation and the possibility of tighter monetary policy. Technology stocks led the decline, with Z.AI Co. plunging 7.1%, despite recently raising around US$5 billion through a Hong Kong share placement and convertible bonds. Optical-communications equipment maker Ligent Technologies is also targeting a Hong Kong IPO of about US$723 million to support its AI-related expansion. Investors are also watching key economic activity data from China due later this week. Other notable laggards included MiniMax (-4.5%), Kingboard Laminates (-4.4%), SMIC (-2.3%), AIA (-1.9%) and Meituan (-0.5%).
