- Analytics
- News and Tools
- Market News
- Asian Stocks close: stocks gained due to the better-than-expected manufacturing purchasing managers’ index (PMI) in China
Asian Stocks close: stocks gained due to the better-than-expected manufacturing purchasing managers’ index (PMI) in China
Asian stock
indices rose due to the better-than-expected manufacturing purchasing managers’
index (PMI) in China. The National Bureau of Statistics and China Federation of
Logistics & Purchasing released yesterday the manufacturing purchasing managers’
index. China’s PMI increased to 50.8 in May, beating expectations of a rise to
50.7 from 50.4 in April. That was the fastest pace in five months.
Markets in
China and Hong Kong were closed on Monday for a public holiday.
Indexes on
the close:
Nikkei
225 14,935.92 +303.54 +2.07%
Hang
Seng closed
Shanghai
Composite closed
Dai-ichi
Life Insurance Co. shares fell 5.0% after the company reported it want to buy Protective
Life Corp. for more than 500 billion yen ($4.9 billion).
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
