Chinese Stocks Head for Weekly Losses
The Shanghai Composite rose 0.2% to around 3,900, while the Shenzhen Component gained 0.4% to 13,600 on Friday as upbeat economic data lifted sentiment. However, both benchmarks are headed for sharp weekly declines as uncertainty over the Middle East conflict persisted, despite US President Donald Trump extending the Iran negotiations deadline by 10 days. Reports that the US may deploy up to 10,000 additional troops to the region further weighed on risk appetite. Markets also tracked upcoming US–China diplomatic engagement, with Trump expected to meet Xi Jinping in May after delays linked to the conflict. Meanwhile, latest data showed China’s industrial profits jumped 15.2% year-on-year in January–February, pointing to improving factory earnings despite external headwinds. Among individual stocks, notable gains were seen in Kweichow Moutai (1.5%) and Zijin Mining (0.8%), while CNOOC (-0.9%), Foxconn Industrial (-1.5%), and Zhongji Innolight (-2.1%) lagged behind.
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




