European stocks closed mostly higher on Monday, remaining relatively close to the record highs touched last week as markets positioned for key earnings releases this week. The STOXX 50 rose 0.3% to close at 5,675 and the STOXX 600 inched above the flatline to 572. Autos were among the top performers in the Eurozone after China stated it would consider exemptions for Nexperia chip exports, key for auto production, supporting Mercedes Benz, Volkswagen, BMW, and Stellantis to rise between 0.9% and 2.3%. Meanwhile, Rheinmetall jumped 4% ahead of its earnings report. Conversely, Ferrari lost over 2% ahead of its report this week on fresh broker downgrades, while Campari fell over 3% after Italian tax authorities seized $1.5 billion in shares from its controlling holding company amid an alleged tax evasion probe. Lastly, BNP Paribas slipped 1.6% as it prepares to raise Additional Tier 1 capital for the 1st time since its failed bid for Banco Sabadell.

European Stocks Inch Higher

In Frankfurt,  the DAX Index went up by 174 points or 0.73 percent on Monday. Top gainers were Rheinmetall (4.06%), Siemens Energy (2.70%) and Volkswagen (2.07%). Biggest losses came from Zalando (-3.30%), Qiagen NV (-3.20%) and Vonovia (-2.65%).

The DAX Index Closes 0.73% Higher

The FTSE MIB rose 0.1% to close at 43,223 on Monday, supported by utilities and financial stocks. A2A jumped 7.2% after Morgan Stanley upgraded the stock and raised its target price to €3.25. Italgas gained 2.3% and Enel 0.5%. In finance, UniCredit rose 0.4%, Unipol 2.1%, and Banca Popolare di Sondrio 1.6%. Eni edged up after signing an oil and gas venture with Malaysia’s Petronas, and Stellantis added 0.9% amid higher car registrations in France. Leonardo advanced 2.4% ahead of results expected to show stronger earnings. Italy’s Manufacturing PMI rose to 49.9 in October from 49.0, beating expectations and supporting the index. On the downside, Ferrari lost 2% after Evercore ISI and Bernstein cut price targets to $475, while Campari fell 2.4% after tax authorities seized €1.29 billion in shares from its controlling shareholder.

FTSE MIB Edges Higher as Utilities and Finance Lead Gains

The CAC 40 fell 0.1% to close at 8,110 in the first trading session of November, its lowest level since mid-October, as markets paused after a packed week of corporate updates, central bank decisions and a US–China trade truce. The ECB held rates steady and kept its inflation outlook intact, while the Federal Reserve struck a more cautious tone that dented bets on a December rate cut. Market participants are now focused on this week’s ADP employment report for further clues on US labour conditions. Among stocks, BNP Paribas and Hermès led losses, down 1.6% and 1.5% respectively, while Renault gained 2.2% after finalising an expanded strategic partnership with Geely in Brazil. Orange was flat after announcing a non-binding agreement with Lorca to buy the remaining 50% of its Spanish joint venture MasOrange for €4.25 billion in cash.

CAC 40 Starts the Week in the Red

The FTSE 100 fell on Monday, weighed down by mining stocks and Vodafone. Vodafone shares dropped around 5% after UBS downgraded the stock to sell, citing overlooked risks including rising fibre competition in German multi-dwelling units, potential revenue pressure on Spanish Vantage Towers, and the possible loss of its national roaming agreement with 1&1 if the provider is acquired by Telefonica. Miners also struggled as disappointing Chinese economic data dampened sentiment, with Anglo American and Glencore down about 2.5%, Rio Tinto over 2%, and Antofagasta more than 1.5%. On the upside, BP gained 0.9% after announcing plans to sell stakes in two US onshore assets. Financial stocks with China exposure, including HSBC and Standard Chartered, also performed well amid easing US-China trade tensions. Investors remain cautious ahead of Thursday’s Bank of England policy decision, where most expect rates to be held steady.

FTSE 100 Falls on Monday, Vodafone Weighs

US stocks gave up most of their early gains on Monday, with the S&P 500 fluctuating around the flatline, the Dow Jones falling more than 300 points, and the Nasdaq holding modestly higher, up 0.2%. Ongoing optimism around AI supported technology and consumer discretionary stocks, with Nvidia up 2.8% and Microsoft adding 0.4% after confirming it had secured export licenses to ship Nvidia chips to the UAE. Amazon jumped more than 5% following news of a multi-year, $38 billion partnership with OpenAI. In contrast, materials and real estate stocks underperformed. Apple (-1%), Oracle (-2.4%), and JPMorgan (-1%) were among notable decliners. Kimberly-Clark slumped 12.9%, ranking among the worst performers in the S&P 500 after announcing a $48 billion deal to acquire Kenvue, whose shares soared over 15% in response. Corporate earnings also remained in focus, with Palantir Technologies up 1% ahead of its quarterly results due after the closing bell.

US Stocks Mixed

Germany's DAX continued to rise on Monday afternoon, up nearly 1% to around 24,190, outpacing regional peers, amid optimism that semiconductor shortages may soon resolve. The news that China may relax its export ban on Nexperia components buoyed German automakers, with Mercedes-Benz, Volkswagen, and BMW climbing between 1% and 2.2%. Gains in Siemens Energy (+6%), Rheinmetall (+3%), and SAP (+2.3%) added further support. Meanwhile, investors continuing to monitor the earnings season, while assessing a fresh batch of economic data from Europe and the US. Regarding domestic data, final PMI data confirmed Germany's manufacturing activity remained in contraction in October.

DAX Extends Gains

The S&P/TSX Composite fell around 0.2% to below the 30,230 level on Monday, pressured by losses among miners ahead of major earnings for commodity giants. Base metal miners led the decline with First Quantum down more than 3%, Ivanhoe Mines off about 2% and Teck Resources down nearly 1% as copper extended last week’s losses. Major gold names traded flat to slightly negative, while Franco-Nevada outperformed adding about 0.5% ahead of its results after the close. On the macro side Canada’s manufacturing PMI rose to 49.6 in October from 47.7 in September, signalling a smaller contraction and the slowest pace of decline since January. Markets also tracked US–Canada trade tensions after PM Carney apologised over a political ad that prompted tariff measures and a temporary pause in talks. Investors are now focused on Canada’s October employment report due later in the week, and on a heavy corporate calendar that includes Shopify, Fortis, Industrial Alliance and Intact reporting on Tuesday.

TSX Edges Lower at Week Start

The S&P 500 and Nasdaq kicked off November on a strong footing, rising 0.6% and 1%, respectively, as the six-month bull run in US equities appeared set to extend. The Dow Jones, however, fluctuated around the flatline. Technology and consumer discretionary stocks outperformed, supported by ongoing AI optimism and signs of easing trade tensions between the US and China. Nvidia gained more than 3%, and Microsoft added 0.9% after announcing it had secured export licenses to ship Nvidia chips to the UAE. Amazon surged over 5% following news of a multi-year, $38 billion partnership with OpenAI. By contrast, utilities and materials lagged behind. Corporate earnings also remained in focus, with Palantir Technologies up 2.2% ahead of its results due after the closing bell. Traders are also eyeing several key upcoming private-sector data releases, including the ADP employment report, as the US government shutdown extends into its second month.

S&P 500 and Nasdaq Gain amid Ongoing AI Bull Run

Merval increased to an all-time high of 3162206.00 Index Points. Over the past 4 weeks, Merval Buenos Aires gained 75.41%, and in the last 12 months, it increased 64.77%.

Stocks in Argentina Hit All-time High

The Ibovespa rose nearly 0.5% to trade above 150,000, setting a new record on support from fresh corporate news. The central bank’s Focus Bulletin showed inflation forecasts for 2025 were revised down for the sixth straight week, from 4.56% to 4.55%, following the softer inflation signals from last week, aiding a backdrop for rate cuts next year. Major banks advanced on hopes of improved credit, with Itaú and Bradesco trading higher. Meanwhile, WEG edged higher, Ambev gained 1%, Natura advanced 2%, and Arezzo 1%. Azul jumped nearly 4% after a creditor agreement under its Chapter 11 process, while MRS Logística surged 7% as it prepares to build a BRL 1.5 billion intermodal terminal. Also, Petrobras rose 0.4% after OPEC+ downplayed output hikes for the first quarter of next year. On the other hand, Vale fell 0.6% as iron ore prices declined in China. Raízen slipped 1% after a corporate reorganization, and Rede D’Or lost 1% after selling its stake in GSH Corp.

Ibovespa Hits Record on Upbeat Data and Corporate News

Bovespa Index above 150000

IBOVESPA increased to an all-time high of 149913.00 Index Points. Over the past 4 weeks, Bovespa Index gained 2.78%, and in the last 12 months, it increased 16.74%.

Stocks in Brazil Hit All-time High

Futures tracking Canada’s S&P/TSX Composite Index traded higher on Monday, lifted by gold miners ahead of major earnings for commodity giants. Franco Nevada took the spotlight for miners ahead of its key report today. Meanwhile, oil producers were pressured as traders weighed expectations of higher OPEC+ output in December and signs of weaker global demand. Canadian Natural is set to release its results today, with forecasts pointing to higher revenues but slimmer earnings. Gibson Energy will also report, with expectations of lower revenues and earnings. Investors await Canada’s October manufacturing PMI later today and key employment data later in the week. On Tuesday, Shopify, Fortis, Industrial Alliance, and Intact are scheduled to release their results. Meanwhile, markets also kept an eye on US-Canada tensions after Prime Minister Mark Carney said he apologized to US President Donald Trump over a political ad that prompted new tariffs and a temporary halt to trade talks.

TSX Futures Gain Ahead of Data-Filled Week

European stocks extended gains into afternoon trading on the first session of November, with the STOXX 50 up 0.7% and the STOXX 600 advancing 0.5%, supported by the auto sector. Sentiment was lifted after China announced it would consider exemptions for Nexperia chip exports, easing concerns over semiconductor shortages. Mercedes-Benz (+3.5%), VW (+2.8%), Renault (+2.9%), and Stellantis (+2.1%) all posted solid gains. Rheinmetall also rose nearly 3% ahead of its earnings release later in the week. BP added 0.5% after agreeing to sell stakes in its US shale assets to Sixth Street for $1.5 billion, while Ryanair rebounded 2.8% following a slightly better-than-expected profit. On the downside, Davide Campari Milano fell over 3% after Italian tax authorities seized $1.5 billion in shares from its controlling holding company amid an alleged tax evasion probe. BNP Paribas slipped 1.6% as it prepares to raise Additional Tier 1 capital for the 1st time since its failed bid for Banco Sabadell.

European Stocks Extend Gains

US stock futures started November on a strong footing, with contracts on the S&P 500 up 0.5%, the Nasdaq 100 gaining 0.8%, and Dow Jones futures rising 30 points, as the six-month bull run in US equities appeared set to extend. Optimism around AI continued to support sentiment, while signs of easing trade tensions between the US and China also boosted risk appetite. Traders are now turning their focus to several upcoming private-sector economic indicators, including the ADP employment report, as the US government shutdown enters its second month. Corporate earnings remained in focus. Shares of Berkshire Hathaway rose nearly 1% in premarket trading after reporting a 17% increase in quarterly profit. Palantir Technologies advanced 3.2% ahead of its earnings release scheduled after the closing bell. Nvidia (up 2%), AMD (1.4%), Broadcom (1.1%), and Micron Technology (3.9%) also traded higher before the open.

US Stocks Set to Kick Off November on a Strong Note

India's BSE Sensex closed virtually unchanged  at 83,978.5 on Monday, as investors took a breather after October's strong rally. Buying in auto stocks and state-owned banks outweighed selling in IT and private banking stocks. Meanwhile, traders continued to monitor the earnings season both at home and abroad, while also assessing economic data, including PMI surveys. Final data showed India’s manufacturing activity accelerated in October, coming in stronger than initial estimates. Among Sensex firms, Mahindra & Mahindra was the top performer, rising 1.7% after the October sales data, followed closely by Tata Motors Passenger Vehicles (TMPV). Eternal, State Bank of India, Bharti Airtel, Sun Pharma and Kotak Mahindra Bank were also among the major gainers. On the downside, Maruti Suzuki dropped the most by 3.4%. ITC, Tata Consultancy Services, Larsen & Toubro, Bharat Electronics and Titan also posted declines, down between 0.5% and 1.4%.

Sensex Ends Almost Muted

ISEQ increased to an all-time high of 11940.00 Index Points. Over the past 4 weeks, Irish Stock Exchange Overall Index gained 2.1%, and in the last 12 months, it increased 21.57%.

Stocks in Ireland Hit All-time High

Germany's DAX rose 0.6% to surpass 24,100 on Monday, echoing a modestly positive start to November for European markets. Traders continued to monitor corporate earnings from previous weeks while focusing on today’s PMI surveys for the manufacturing sector in the Eurozone and the United States. Meanwhile, several Fed and ECB officials are scheduled to speak this week, likely reinforcing the central banks’ recent policy decisions. Top-performing sectors included energy, banks and insurers, and autos. Siemens Energy led the way, up 4.6%, followed by Mercedes-Benz Group (+2.9%), Deutsche Bank (+2%), Volkswagen (+1.8%), Allianz (+1.8%) and Commerzbank (+1.8%).

DAX Kicks Off November on Higher Note

Shares in Indonesia surged 113 points, or 1.3%, to 8,270 on Monday afternoon, reversing a decline in the prior session. Traders welcomed local trade data in September, with exports rising 11.4% yoy, the fastest in seven months, while imports grew 7.2%, the largest in five months, widening the trade surplus to around USD 4.3 billion. Meanwhile, the country's annual inflation rose to 2.86% in October, the highest in 1-1/2 years but still within Bank Indonesia’s 1.5%–3.5% target. The U.S.-China trade truce, including U.S. tariff cuts and a pause on Beijing’s new export curbs on rare earths and magnets, also supported sentiment. Meantime, the U.S. is expected to suspend port fees on China-linked vessels for a year starting next week. Most sectors advanced, led by health tech, industrial services, and consumer durables. Among individual stocks, Barito Renewable Energy jumped 6.9%, followed by Bumi Resources (6.0%), Barito Pacific (5.5%), Astra Intl. (4.5%), and Telkom Indonesia (4.4%).

Indonesia Stocks Enjoy Afternoon Rally

The FTSE MIB rose 0.5% to around 43,380 on Monday, marking its highest level in more than three weeks and starting November on a positive note. Utility provider A2A gained 5.9% after Morgan Stanley upgraded the stock to 'overweight' from 'equal weight' and raised its target price to €3.25 from €2.55. Energy giant Eni also added 0.9% after signing an agreement with Malaysia’s Petronas on a new oil and gas venture. Other notable movers included Stellantis (+1.9%), Bper Banca (+1.7%), and MFE (+2.9%). Offsetting some of the gains, shares of spirits group Campari fell 2.3% after Italian tax authorities seized $1.5 billion worth of shares from the company over alleged tax evasion.

FTSE MIB Starts November Higher

The FTSE 100 traded higher on Monday, following a 3.9% gain in October, supported by gains in financial and energy stocks. Standard Chartered rose over 2%, Prudential nearly 2%, and Legal & General 1.6% ahead of the Bank of England’s policy decision on Thursday, where most economists expect rates to remain unchanged. Energy shares also advanced as crude prices climbed after OPEC+ decided to pause planned output increases. Shell gained nearly 1%, while BP rose more than 1% after agreeing to sell stakes in two US onshore assets to private investor Sixth Street for $1.5 billion, part of its strategy to divest $20 billion by 2027. BP will retain operational control through its US unit, BPX Energy, though its stakes in the Permian and Eagle Ford midstream assets will be reduced. Meanwhile, mining stocks lagged, with Antofagasta, Rio Tinto, Glencore, and Anglo American down between 0.7% and 1.3% after disappointing economic data from China dampened sentiment.

FTSE 100 Trades Higher on Monday

European stocks opened November on a slightly firmer note, with both the STOXX 50 and the STOXX 600 advancing 0.2%, following an October close near record highs. Investors continued to digest a fresh batch of corporate earnings while awaiting new market catalysts. Banks and automakers booked gains, with Unicredit, BBVA, Deutsche Bank, Mercedes-Benz, and BMW all rising more than 1%. BP climbed 1.5% after agreeing to sell stakes in its US shale assets to Sixth Street for $1.5 billion. Nokia shares gained nearly 4%. In contrast, Ryanair fell almost 2% despite posting a slightly better-than-expected after-tax profit while noting it remains too early to provide detailed guidance for that year. Davide Campari Milano dropped more than 2% after Italian tax authorities seized $1.5 billion worth of shares from the holding company controlling the drinks maker amid an alleged tax evasion probe. BNP Paribas was also among the worst performers (-1.4%).

European Stocks Start November with Modest Gains

TUN increased to an all-time high of 12644.00 Index Points. Over the past 4 weeks, Tunisia Stock Exchange gained 2.61%, and in the last 12 months, it increased 27.99%.

Stocks in Tunisia Hit All-time High

In Frankfurt,  the DAX Index is picking up 153 points or 0.64 percent on Monday. Gains are led by Siemens Energy (4.38%), Mercedes-Benz AG (2.78%) and Volkswagen (2.06%). Biggest losers are Qiagen NV (-1.12%), Vonovia (-1.04%) and Adidas (-1.01%).

The DAX Index Opens 0.64% Higher

The CAC 40 was little changed at 8,120 points during the first trading session of November, hovering near its lowest level since mid-October, as investors appeared to pause for breath after a packed week marked by major corporate updates, key central bank decisions, and a trade truce between the US and China. The ECB held interest rates steady while maintaining its inflation outlook, whereas the Federal Reserve adopted a more cautious tone, dampening expectations of a December rate cut. Market participants now await this week’s ADP employment report for further insights into the health of the US labor market. Among individual movers, Renault rose 1.9% after the automaker and Geely finalized agreements to expand their strategic partnership in Brazil. Orange gained 1.4% after announcing a non-binding agreement with Lorca to acquire the remaining 50% stake in their Spanish joint venture MasOrange for €4.25 billion in cash.

Paris Stocks Steady Near Two-Week Low

PX increased to an all-time high of 2405.00 Index Points. Over the past 4 weeks, Prague Stock Exchange gained 1.91%, and in the last 12 months, it increased 45.39%.

Stocks in Czech Republic Hit All-time High

The Hang Seng jumped 252 points, or 1%, to close at 26,158 on Monday, reversing losses from the prior three sessions amid broad sector gains. Sentiment was boosted by the U.S.-China trade truce, which included U.S. tariff reductions and a pause in Beijing’s new export curbs on rare earth minerals and magnets. The U.S. is also expected to suspend port fees for a year on China-linked vessels starting next week. Local data supported the rally, with Hong Kong’s economy growing 3.8% yoy in Q3, the fastest since late 2023, while retail sales rose 4.8% in September, the highest in nearly two years. Gains were tempered by private survey data showing China’s factory activity growth eased from a six-month high in October following the Golden Week holiday. Financials jumped around 2%, led by AIA Group (5.3%), Industrial and Commercial Bank of China (2.5%), and Bank of China Hong Kong (1%). Property rose 1.4%, with strength from Sun Hung Kai Properties (2.1%) and CK Asset Holdings (1.9%).

Hang Seng Climbs 1% at Finish

In China,  the Shangai Composite Index gained 22 points or 0.56 percent on Monday. Gains were led by China Coal (5.89%), Inner Mongolia BaoTou Steel (5.12%) and Shaanxi Coal (4.58%). Biggest losers were China Molybdenum (-4.52%), SAIC Motor (-2.59%) and China Life Insurance (-2.32%).

The Shangai Composite Index Closes 0.56% Higher

The S&P/ASX 200 rose 0.2% to close at 8,895 on Monday, rebounding from earlier losses that had pushed the benchmark to a more than one-month low, supported by notable performances in heavyweight financial stocks. Westpac Banking Corporation climbed 2.8% to hover near a record high, despite reporting a decline in annual profit and announcing the sale of its RAMS mortgage portfolio. Among its peers, Commonwealth Bank of Australia advanced 2.3%, while National Australia Bank and ANZ Group Holdings each added 0.9%. On the economic front, data painted a mixed picture ahead of the central bank’s monetary policy decision on Tuesday. ANZ-Indeed Job Ads fell by 2.2% month-on-month in October, pointing to a continued cooling of the labor market and making a potential case for future rate cuts. Meanwhile, Australia’s Monthly Inflation Gauge, compiled by the Melbourne Institute, rose by 0.3% month-on-month, supporting the view that inflation is rising and that a rate cut would be premature.

Australian Shares Rebound on Financial Boost

European equity markets were set to open higher on Monday as sentiment stabilized after regional benchmarks retreated from record highs last week. The recent decline came amid mixed corporate earnings and lingering economic uncertainty. This week, investors will focus on the Bank of England’s policy meeting, where rates are expected to remain unchanged. Policy decisions from Sweden’s Riksbank and Poland’s National Bank are also on tap. Meanwhile, final PMI readings for the Eurozone, Germany, and France, along with estimates for Italy and Spain, will draw attention. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures each rose about 0.2%.

European Markets Poised for Higher Open

The BSE Sensex was nearly flat, trading around 83,966 in a choppy Monday morning session after falling for the previous two days, as gains in oil & gas, financial services, metals, and banking stocks offset losses in consumer durables, technology, and auto shares. Traders remained cautious ahead of Q2 corporate earnings, with nearly 77 companies set to announce results, including Bharti Airtel and Power Grid Corp. Investors also awaited the outcome of a meeting between the RBI and banks on Tuesday, amid concerns over tightening liquidity in the banking system. On the data front, final figures showed that India’s manufacturing sector growth was revised higher in October, supported by robust demand. Among individual stocks, Mahindra & Mahindra rose 2%, SBI gained 1.2%, and IndusInd Bank climbed 0.7%, while Maruti Suzuki dropped 3.2% despite reporting an 8% yoy rise in profit after tax for the July–September quarter. Other early decliners included Titan and TCS, each down 0.8%.

India Equities Muted in Choppy Morning Session

The S&P/NZX 50 Index edged up 0.1% to 13,556 on Monday, marking its seventh consecutive gain and closing near a three-week high, driven by strength in heavyweight financial stocks. Westpac Banking led gains, rising 3.8% on strong advances in mortgages and business loans, even as net income dipped in the 12 months ended September. Peers ANZ Group Holdings and Kiwi Property both added 0.5%, respectively. Among other notable movers, commercial services outperformed, with sharp gains in Livestock Improvement Corporation (+9.2%), Solution Dynamics (+2.1%), and Accordant Group (+3.7%). On the downside, Rua Bioscience slumped over 11%, its steepest intraday drop since last December, following a discounted capital raising. On the data front, New Zealand’s consumer confidence eased slightly in October, as investors turned their focus to upcoming third-quarter labor market data.

New Zealand Shares Close Near 3-Week High

Indonesia’s IDX Composite rose 90 points, or 1.1%, to 8,254 on the first trading day of November, rebounding from losses in the prior session. Gains were broad-based, led by healthcare, utilities, and communication sectors. A modest rise in U.S. futures lifted sentiment, as traders monitored last week’s central bank meetings and the U.S.-China year-long trade truce. Meantime, the S&P Global Indonesia Manufacturing PMI increased to 51.2 in October from 50.4 in September, marking the third month of growth in factory activity on the back of stronger new orders and employment. Locally, Jakarta reinforced deficit discipline, ruling out burden-sharing with the central bank and tapping diversified funding, including the first Dim Sum bond worth CNY 6 billion. However, caution persisted ahead of key data later today, including September trade and October inflation figures. Early movers included Barito Renewable Energy (7.2%), Telkom Indonesia (4.4%), Petrosea (3.3%), and Astra Intl. (2.9%).

Indonesia Shares Kick Off November on a Strong Note

Hong Kong stocks edged up 47 points, or 0.2%, to 25,949 in early trade at the start of November, attempting to recover from three consecutive sessions of losses, supported by gains in financial and property shares. Sentiment improved after U.S. futures rose markedly following Wall Street’s weekly and monthly gains on Friday. Investors also welcomed remarks from the white House that China will lift export controls on rare earths and end probes into U.S. semiconductor firms as part of a new trade pact. Locally, Hong Kong’s economy expanded 3.8% yoy in Q3, the fastest pace since late 2023, driven by strong domestic demand and solid exports, while retail sales grew 4.8% in September, the highest in nearly two years. However, upside momentum was limited after a private survey showed China’s factory activity growth eased from a six-month high in October. Early laggards included SMIC (-4.0%), Geely Auto (-3.7%), and Zijin Mining (-3.3%).

Hong Kong Shares Inch Higher to Begin November

The Shanghai Composite fell 0.2% to below 3,950 while the Shenzhen Component dropped 1% to 13,250 on Monday, with mainland stocks declining for the third straight session as disappointing factory activity data dampened the outlook. A private survey showed China’s manufacturing activity slowed more than expected in October as Sino-US trade tensions flared up during the month. Meanwhile, the White House announced over the weekend that China would suspend new export controls on rare earths and end investigations into US semiconductor firms, in exchange for the US pausing certain tariffs and scrapping a planned 100% levy on Chinese exports. The move followed last week’s landmark Trump-Xi summit aimed at stabilizing relations. Tech and AI-related shares led the decline, with Zhongji Innolight, Victory Giant, and Wuxi Lead Intelligent losing between 2% and 8%.

China Stocks Extend Losses for Third Day

The benchmark KOSPI climbed 1.97% to around 4,188 on Monday, extending gains for the fourth consecutive session and hitting fresh record highs, driven largely by strength in defense and shipbuilding shares. Hanwha Aerospace advanced 3.68% after reporting the third-quarter net income of KRW 712.2 billion, up 123.8% from a year earlier. Revenue surged 146.5% to KRW 6.48 trillion, exceeding market expectations. Samsung Heavy Industries also rose 0.68% following the announcement of its Q3 operating profit of KRW 238.1 billion, up 99% year-on-year. Investor attention remained centered on the upcoming earnings reports of key defense and shipbuilding companies including Hyundai Rotem (+1.52%), HD Hyundai Heavy Industries (+5.33%), and HD Korea Shipbuilding (+3.27%).

KOSPI Climbs on Defense and Shipbuilding Gains

PSEi decreased to 5801.00 Index Points, the lowest since October 2022. Over the past 4 weeks, Philippines Stock Exchange PSEi Index lost 1.6%, and in the last 12 months, it decreased 16.99%.

Stocks in Philippines Hit 3-year Low

The S&P/ASX 200 fell 0.5% to 8,840 on Monday, marking its lowest level in over a month as investors grew cautious ahead of the Reserve Bank of Australia’s policy decision on Tuesday. The RBA is widely expected to hold rates steady after three cuts earlier this year, citing that both headline and trimmed mean inflation remained within the 2–3% target range in Q2. Australia’s Monthly Inflation Gauge, compiled by the Melbourne Institute, rose 0.3% month-on-month in October 2025, easing slightly from a 0.4% gain in the prior month. Healthcare stocks were among the weakest performers, with ResMed sliding 4.3%, Cochlear down 2.1%, and Pro Medicus losing 1.5%. Financials also remained under pressure, though Westpac edged 0.3% higher despite a decline in annual profit, citing rising costs and intense margin competition. On the upside, DroneShield climbed 4% after securing a $25 million sales contract with an unnamed Latin American nation for its AI-backed defense technology.

Australian Shares Hit Over 1-Month Low

ASX200 decreased to 8808.00 Index Points, the lowest since September 2025. Over the past 4 weeks, Australia Stock Market Index (AU200) lost 1.98%, and in the last 12 months, it increased 7.9%.

Stocks in Australia Hit 5-week Low

US stocks rose on Monday as trading for November kicked off following seven straight months of gains for the tech-heavy Nasdaq Composite. In October, the Dow advanced 2.51%, the S&P 500 climbed 2.27% and the Nasdaq Composite rallied 4.7%. Those gains were driven largely by continued momentum in artificial intelligence, easing US-China trade tensions and the latest Federal Reserve interest rate cut. A strong earnings season also underpinned sentiment, with over 80% of S&P 500 that have posted quarterly results so far beating expectations. Investors now await fresh earnings from major names this week including Berkshire Hathaway, Palantir, AMD, Uber and McDonald’s. Meanwhile the prolonged US government shutdown continued to delay the release of crucial economic data, including the monthly jobs report.

US Futures Edge Higher to Start November

The NZX 50 fell 19 points, or 0.2%, to 13,532 on the first trading day of November, snapping a six-session winning streak as traders booked profits after the index hit a two-week high last week. Meanwhile, U.S. futures were little changed after Wall Street posted weekly and monthly gains on Friday, supported by strong earnings from Amazon. Locally, New Zealand’s October consumer confidence weakened slightly, while investors awaited Q3 labor market data due later this week after the jobless rate rose to 5.2% in Q2, the highest since Q3 2020. Losses were partly offset by fresh data showing building permits jumped 7.2% month-on-month in September, the fastest growth in four months. Electronic tech, consumer durables, and logistics stocks led declines, with notable drops in Winton Land Ltd. (-3.1%), Channel Infrastructure NZ (-1.1%), and Skellerup Holdings (-0.9%).

New Zealand Shares Slip as November Begins

TA-125 increased to an all-time high of 3365.00 Index Points. Over the past 4 weeks, TEL AVIV TA-125 IND gained 2.87%, and in the last 12 months, it increased 51.99%.

Stocks in Israel Hit All-time High

The Ibovespa rose 0.5% to close at 149,540 on Friday, buoyed by a batch of upbeat corporate results and a still-robust labour market. Vale climbed 2.3% after reporting 3Q25 net profit of $2.68 billion, up 11% year on year and comfortably above the $2.1 billion consensus. Azul advanced 2.7% on an adjusted Q3 operating margin of 20.6% and an EBITDA margin of 33.5%. Irani gained 2.7% after net profit rose 5.3% to R$42.1 million and adjusted EBITDA expanded 15.9%. Vulcabras surged 4.3% as recurring net profit grew 11.6% and unadjusted profit nearly tripled. Gerdau added 1.2% despite a 23.9% decline in adjusted net profit to R$1.09 billion, reflecting mixed regional dynamics. On the downside Vivo fell about 6% despite positive results, while Multiplan dipped 0.7% and Marcopolo retreated 10.5% after weaker-than-expected profits. The combination of earnings beats, healthy income fundamentals and steady employment helped sustain demand for equities into the close.

Ibovespa Hits Record High

The S&P/TSX Composite rose 0.3% to close at 30,261 on Friday as strength in US technology stocks and a string of solid corporate results supported the market. Constellation Software led the advance, up 2.9%, while Celestica added 1.5% after raising its outlook and Shopify gained 0.5% amid optimism from upbeat guidance among major tech firms. Meanwhile, Canadian National Railway jumped 3% on better than expected results. However, gains were capped by softer commodity prices, with gold and copper retreating on a firmer US dollar and oil easing after weak China data and rising global production offset the effect of Western sanctions on Russian exports. On the trade front Prime Minister Mark Carney met with Chinese President Xi Jinping to restart economic engagement and to outline plans to double non-US exports over the next decade. For the week the Toronto exchange slipped 0.3%.

TSX Finishes Week in the Green

The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue climbed 20% in the third quarter and beat estimates, lifting tech names broadly. The Dow traded up 60 points. Palantir and Oracle added 3% and 2.8%, repsectively, on AI optimism and Nvidia also traded higher. Elsewhere, Netflix rallied 2.9% on an announced 10 for 1 stock split and Tesla jumped 3.1%. Energy names diverged as Chevron rose 1.9% on stronger earnings and Exxon Mobil slipped 1.5% after a profit decline. On the other hand, Meta fell 2.7% and has lost nearly 15% since laying out higher capex for next year. AbbVie slid 4.5% after flagging potential impacts from proposed drug pricing cuts. The three major indexes closed October with solid gains, with the Nasdaq surging 4.9% as AI deal activity continued to underpin the Magnificent Seven rally.

US Stocks Close Higher

US stocks erased early gains to trade mixed on Friday amid mixed earnings and skepticism on whether soaring capex levels on AI will translate to the guidance pledged by tech giants. The S&P 500 was flat and the Dow was 150 points lower, while the Nasdaq 100 inched higher. Nvidia swung to the negative territory after unveiling new partnerships with South Korean firms, while Meta dropped 2% to mark a near 15% slide since unveiling its high-capex guidance for next year. Additionally, AbbVie slid 5% after unveiling the possible impact of drug pricing cuts by pressed by the Trump administration. On the other hand, Amazon surged 10% following its fastest cloud-unit growth in nearly three years. Among oil giants, Chevron added 3% after reporting better-than-expected earnings, but Exxon Mobil fell as its quarterly profit declined. The three major indices were on track to book sharp gains on October, with the Nasdaq adding nearly 4% as AI deals extended the rally for Magnificent 7 stocks.

US Stocks Erase Gains

The FTSE MIB edged down to close at 43,175 on Friday, pressured by weak results from Intesa Sanpaolo. The stock lost 2.2% after the bank reported a Q3 2025 profit of EUR 2.37 billion, virtually unchanged from a year earlier. Although profits were slightly above expectations, operating revenues fell 2.3%. Telecom Italia slipped 2.3% amid reports that Iliad Group and CK Hutchison are considering a potential merger in Italy, which would reduce the market to three major providers. The utilities sector underperformed, with Enel down 0.3%, Hera 1.9%, Terna 0.5%, and Snam 0.6%. On the upside, Prysmian rose 2% after raising its full-year 2025 guidance following strong third-quarter results, with revenue up 9.2% year-on-year, above expectations. Interpump advanced 4.3% after Equita upgraded its rating to “Buy” from “Hold,” expecting a return to positive organic growth in its third-quarter preview. UniCredit gained 1.4% after raising its stake in Greece’s Alpha Bank to about 29.5%.

FTSE MIB Slips as Intesa Sanpaolo Results Disappoint

In Frankfurt,  the DAX Index dropped 173 points or 0.72 percent on Friday. Losses were led by Allianz (-2.06%), Munich RE (-2.01%) and Hannover Rueck (-1.98%). Offsetting the fall, top gainers were Qiagen NV (1.10%), Merck (1.07%) and Commerzbank (0.96%).

The DAX Index Closes 0.72% Lower

In Paris,  the CAC 40 Index decreased 43 points or 0.53 percent on Friday. Losses were driven by AXA (-4.35%), Saint-Gobain (-3.92%) and Edenred (-3.56%). Biggest rises came from Societe Generale (3.13%), Cap Gemini (2.49%) and Renault (1.33%).

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