AGP Executive Report
Last update: an hour agoMarket Turmoil: Global shares slid as US midterm results stoked fears of tighter AI rules and doubts over returns on data-centre spending. The Nasdaq fell more than 5% Thursday, while Japan’s Nikkei and South Korea’s Kospi each dropped about 6%. Chip Rebound: US chip stocks bounced in premarket trading Friday, with the semiconductor ETF up nearly 5% after the sell-off. Investor Flows: Foreign investors poured $1.6 billion into Indian stocks Thursday, their biggest daily net purchase in nearly six years, as falling oil prices and the retreat from AI shares lifted India’s appeal. Market Reform: Indonesia is accelerating equity-market reforms after MSCI warned it could downgrade the country, a move that risks driving fund outflows. Officials also plan to sell stakes in state-owned firms next year. SME Finance: More than six in 10 investing small and midsize businesses are looking to non-bank lenders as financing gaps widen. Financial Health: Ghana’s central bank chief says wider access to digital finance must translate into stronger household and business finances through savings, insurance, investment and responsible credit.
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