On July 21, it was reported that AI-related trading has continued to influence Asian stock markets in recent months, with the Australian market demonstrating strong resilience. Its S&P/ASX200 index is poised to outperform the MSCI Asia Pacific Index for the second consecutive month, marking its longest streak of consecutive outperformance since November 2024. The Australian stock market's limited investment in chip manufacturers, once seen as a disadvantage during the AI-driven rally, has now become a key factor in its market resilience. As semiconductor stocks in markets such as South Korea and Japan decline, this characteristic has helped the Australian stock market effectively withstand market shocks. This shift also reflects that as market volatility intensifies, investors are becoming increasingly cautious about AI-related trading and are starting to shift their funds to other markets.
