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
Singapore stocks rose 28 points, or 0.5%, to 5,462 in Friday morning trade, advancing for the seventh consecutive session and hitting a fresh peak, tracking a rally on Wall Street overnight driven by renewed strength in chipmaker stocks. Retail, industrial services, utilities, technology, and financial stocks mainly drove the broader index. However, traders awaited Singapore’s preliminary Q2 GDP data, due next week, with the market expecting economic growth to ease to 5.3% after expanding 6.0% in the previous quarter, the strongest pace in 1-1/2 years. Investors also awaited the release of a slew of data from China, including Q2 GDP, industrial production, and June trade figures. Among the notable gainers were Yangzijiang Shipbuilding Holdings (5.9%), Keppel (4.4%), City Developments (1.9%), Hongkong Land Holdings (1.8%), and Sembcorp (1.3%). For the week, the index is on track for a 4.2% surge, which would mark its second consecutive weekly advance.
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