Philippines Manufacturing PMI Slows In June - S&P Global

RTTNews | il y a 176
Philippines Manufacturing PMI Slows In June - S&P Global

(RTTNews) - The manufacturing sector in the Philippines continued to expand in June, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.3.

That's down from 51.9 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

While the latest reading signaled a softer rate of growth, it nonetheless marked a tenth consecutive monthly improvement in the health of the Filipino manufacturing sector. Propping up the manufacturing sector was the sustained rise in production levels.

Output rose solidly and at the strongest pace in six months. However, there was a notable cooldown in new order growth, indicating a weaker improvement in underlying demand trends in June. Easing further from April, the latest upturn was the second weakest in the current ten-month sequence of growth.

read more
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Optimism about more interest rate cuts by the U.S. Fed next year is aiding market sentiment. Asian markets closed mostly higher on Monday.
RTTNews | il y a 5h 7min
Australian Market Extends Gains In Mid-market

Australian Market Extends Gains In Mid-market

The Australian stock market is extending its gains in mid-market trading on Tuesday, continuing to add to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.
RTTNews | il y a 5h 48min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, reversing the gains in the previous session, with the Nikkei 225 falling to be a tad above the 39,000 mark, despite the broadly positive cues from Wall Street overnight, with weakness in index heavyweights and some exporter stocks.
RTTNews | il y a 6h 9min
Thai Bourse May Reclaim 1.400-Point Level

Thai Bourse May Reclaim 1.400-Point Level

The Thai stock market on Monday wrote a finish to the two-day slide in which it had stumbled almost 35 points or 2.8 percent. The Stock Exchange of Thailand now sits just above the 1,385-point plateau and it may extend its gains on Tuesday.
RTTNews | il y a 6h 25min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is trading slightly higher in choppy trading on Tuesday, extending the sharp gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.
RTTNews | il y a 6h 36min
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has climbed higher in two straight sessions, collecting almost 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,100-point plateau and it may open higher again on Tuesday.
RTTNews | il y a 6h 55min
Hong Kong Shares May See Additional Support On Tuesday

Hong Kong Shares May See Additional Support On Tuesday

The Hong Kong stock market on Monday ended the two-day slide in which it had fallen more than 140 points or 0.7 percent. The Hang Seng Index now rests just above the 19,880-point plateau and it's called higher again on Tuesday.
RTTNews | il y a 7h 10min