South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Russian stocks ended lower on Friday, with the MOEX Russia Index slipping 0.75% as declines in the Power, Mining, and Oil & Gas sectors weighed on the market.
Among the top gainers, Polyus PJSC (MCX:PLZL) rose 3.05% to 1,908.00, supported by gold price stability. TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p) added 1.00% to close at 618.60, while Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) gained 0.99% to 6.93.
On the downside, Severstal PJSC (MCX:CHMF) dropped 2.16% to 1,040.00, and NOVATEK PJSC (MCX:NVTK) also declined 2.16% to 1,050.20. Aluminum giant OK Rusal MKPAO (MCX:RUAL) lost 1.61%, ending at 30.17.
Market breadth showed weakness, with 181 stocks declining versus 58 advancing, and 10 remaining unchanged. The Russian Volatility Index (RVI) rose 2.30% to 31.11, marking its lowest level in six months, signaling increased investor caution.
In commodities, August Gold Futures edged up 0.11% to $3,346.50 per troy ounce, reflecting safe-haven demand. However, oil prices slipped, with August Crude down 0.76% to $66.49 per barrel and September Brent falling 0.42% to $68.51.
Currency markets also moved against the ruble. USD/RUB declined 0.41% to 78.75, while EUR/RUB dropped 0.19% to 92.77. Meanwhile, the U.S. Dollar Index Futures dipped 0.18% to 96.65, amid global forex shifts.
Overall, the Russian stock market faced pressure from key commodity-linked sectors, while rising volatility and a strengthening ruble added to the cautious sentiment.
