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 MarketThe Nikkei 225 Index climbed 1.92% to 50,453 on Monday, comfortably surpassing the 50,000-point mark, tracking Friday’s strong performance on Wall Street. The rally on Wall Street was driven by robust technology earnings and easing concerns over a potential technology boom risk. The gains in the index were also supported by a weakening yen amid the Bank of Japan’s widely anticipated rate hike. The central bank raised its benchmark rate by 25 basis points to 0.75%, the highest level since 1995. A sharp drop in the yen is set to lift export earnings for Japanese companies. Meanwhile, investors kept a close eye on Prime Minister Sanae Takaichi’s policy initiatives aimed at boosting economic growth. Gains were broad-based, with notable performers including Toyota Motor Corp (1.4%), Mitsubishi UFJ Financial Group (2.3%), SoftBank Group (6.6%), and Tokyo Electron (4.7%).
