Closes

• Indian stock markets ended slightly higher, with the Sensex gaining 166 points and the Nifty closing above 24,380. • Financial stocks drove the growth, highlighted by a significant surge in Bajaj Finance (+8.32%) and Bajaj Finserv (+6.37%) following June-quarter earnings. • Gains were tempered by selling pressure in the IT sector, where TCS fell 2.71%, followed by declines in Infosys and Eternal.

• The Indian stock market saw a positive close, with the Sensex rising 270 points and the Nifty ending above the 24,300 mark. • Major Asian markets experienced significant gains, including Taiwan's benchmark rising 1.66% to 40,705.65, South Korea's Kospi jumping 3.55%, and Japan's Nikkei climbing 1.43%. • Despite these daily gains, the Nikkei and Kospi are still facing overall weekly declines of 3% and 12%, respectively, while Hong Kong's Hang Seng dipped slightly by 0.13%.

• The KOSPI index closed at 5,593 on July 30, following a day of extreme volatility and a decline led by the semiconductor sector. • The KOSDAQ index also saw a significant downturn, dropping by over 2% by the end of the trading session. • Market instability is attributed to investor anxiety regarding inflation and anticipation of the U.S. June personal consumption expenditures (PCE) price index.

• The Dow Jones Industrial Average closed more than 500 points higher on Tuesday, as strong corporate earnings optimism offset continued weakness in technology shares. • Investors are closely monitoring the Federal Reserve's two-day policy meeting, which began Tuesday, to gauge future monetary directions. • While markets generally expect the central bank to keep interest rates unchanged during Wednesday's announcement, significant uncertainty remains regarding the Fed's next move.

• The KOSPI closed 0.97% higher at 6,755.75, despite a significant selloff of nearly 2.9 trillion won by foreign investors. • Market gains were driven by Samsung Electronics (+1.80%) and SK hynix (+3.24%) following cooperation plans with Nvidia, Microsoft, and OpenAI announced at the San Francisco AI Summit. • The session remained volatile as the market debut of China's CXMT rattled semiconductor stocks, offsetting some of the positive momentum.

• Chinese AI platforms, specifically DeepSeek and Moonshot AI, are rapidly narrowing the technological gap with U.S. competitors by developing cheaper and more efficient models. • This progress has triggered new threats from the Trump administration, which continues to accuse China of intellectual property theft to accelerate its AI development. • The situation risks escalating geopolitical tensions as the U.S. views China's AI advancements as a strategic threat to its technological dominance.

• The KOSPI index closed at 7,096.89, marking a significant increase of 299.19 points or 4.40%. • This surge reflects a strong positive shift in the South Korean stock market, though specific drivers for the rally were not detailed. • Other reported events include a 12-fold increase in Korean tourists visiting a specific Vietnamese destination and new prison sentences for two individuals involved in a Western District Court disturbance.