RSS

ASIAN MARKET UPDATE

22 Sep

Asian shares edged higher on Tuesday, stabilizing from sharp declines in the previous session, as Wall Street ended higher overnight.

Shanghai Comp leaps 1 percent China’s Shanghai Composite index widened gains in early trade, after fluctuating in the neutral territory at the open. According to analysts, attention may turn to the flash Caixin purchasing managers’ index (PMI) for September due on Wednesday and Chinese President Xi Jinping’s state visit to the United States this week. According to a Reuters poll, the preliminary reading of China’s massive manufacturing sector likely edged up to 47.5 from 47.1 in August. However, it is expected to remain near six-and-a-half-year, pointing to a seventh straight contraction in activity on a monthly basis. In the previous month, activity in the mainland’s manufacturing sector slowed markedly, underlining signs of sputtering growth in the world’s second-largest economy. The final Caixin/Markit PMI slipped to 47.3 in August, the lowest reading since March 2009, while the official PMI dropped to 49.7 –

www.capitalliferesearch.com

0961400500

Advertisements
 
Leave a comment

Posted by on September 22, 2015 in Uncategorized

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

 
%d bloggers like this: