Connect with us

Australia

Asian markets higher on China PMI above 50

Bourses across Asia were mostly higher on November 1, with Japan’s Nikkei Stock Average up by +0.21%, Hong Kong’s Hang Seng rising by +0.56%

Published

on

The Stock Exchange of Thailand (SET) announces its 2012 plan to increase the number of large-sized firms and securities on the exchange

Bourses across Asia were mostly higher on November 1, with Japan’s Nikkei Stock Average up by +0.21%, Hong Kong’s Hang Seng rising by +0.56%, and Mainland China’s Shanghai Composite rallying +1.64%, while South Korea’s Kospi fell -0.72% and Australia’s S&P/ASX 200 lost -1.32%.

The main attraction was the China PMI that produced improving results, with the NBS data going expansionary (from 49.8 to 50.2) and the HSBC figure coming closer (from 47.9 to 49.5). Also buoying sentiment were reports that some Chinese cities will relax their property restriction policies buoyed Shanghai.

Futures for the German DAX 30 and the French CAC 40 are signaling a lower opening ahead of low volume European session, with bank holidays around the region. Apart from the UK and Greek Markit manufacturing PMI, investors will be mostly waiting for the New York session and the release of the US ISM data. WTI crude oil is up by +0.10%, at $86.30, and Gold rises by +0.07%, at $1720.

via Asian markets mostly higher on China PMI above 50.

Click to comment

Leave a Reply

Australia

Asian students are vital to the health of Australian universities

Over 170,000 international student visa holders are stuck outside Australia, unable to enter because of travel bans.

Published

on

Over the past two decades, Australian universities have been lucky. Every time something has threatened their prosperity, a new opportunity has arisen.

(more…)
Continue Reading

Australia

Australia boosting cybersecurity cooperation within Asian countries

They are now working in tandem with other Asian countries such as Singapore and China in a bid to tackle cybercrime within the Asia Pacific region.

Published

on

2017 saw Australia sign an agreement with Thailand in a bid to boost regional community security and they are now working in tandem with other Asian countries such as Singapore and China in a bid to tackle cybercrime within the Asia Pacific region. (more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,162 other subscribers

Wise

Recent