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Philippines Manufacturing PMI Picks Up Steam In July - S&P Global
(RTTNews) - The manufacturing sector in the Philippines continued to expand in July, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.9.
That's up from 50.9 in June, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Underpinning the latest uptick in the headline index reading was a quicker rise in new orders. Anecdotal evidence noted that a growing customer base and improved underlying demand trends propelled the latest upturn.
At the same time, foreign demand for Filipino goods grew for the seventh successive month. The rate of growth in new export orders accelerated to a three-month high.
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Australian Market Trims Early Losses In Mid-market
The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
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1 ชม. 1 นาทีที่ผ่านมา
Asian Markets Trade Mostly Higher
Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
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1 ชม. 16 นาทีที่ผ่านมา
Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect
Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.
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1 ชม. 47 นาทีที่ผ่านมา
Swiss Market Settles Modestly Higher
The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters.
The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
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1 ชม. 59 นาทีที่ผ่านมา
Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
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2 ชม. 7 นาทีที่ผ่านมา
Thai Bourse May Halt Losing Streak On Thursday
The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
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2 ชม. 16 นาทีที่ผ่านมา
Australian Market Slightly Lower
The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
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2 ชม. 23 นาทีที่ผ่านมา
Indonesia Shares Tipped To Open In The Green
The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
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2 ชม. 46 นาทีที่ผ่านมา
