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 slipped 1.0%, or 257 points, to 24,691 on Friday, extending losses further this week as escalating Middle East tensions and surging oil prices weighed on sentiment. Brent crude climbed above US$109 a barrel as disruptions to key shipping routes raised concerns over global energy supplies, while higher oil prices fuelled inflation fears and increased expectations for tighter monetary policy. Global bond yields also rose, with the US 10-year Treasury yield nearing 5%, adding pressure on equities ahead of the US August CPI report and the Federal Reserve’s policy meeting next week. Technology and finance stocks were among the notable laggards. Chinese AI startup Moonshot was reportedly exploring dual Hong Kong and Shanghai listings amid weaker performance among Hong Kong-listed AI stocks. Notable laggards included Tencent (-1.3%), MiniMax (-2.2%), SMIC (-2.6%), Xiaomi (-0.9%), and AIA Group (-0.9%).
