Composite Pmi

The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 54.1 in October from September's 49.8 - the highest reading since February

The rise in the services index followed data earlier this week showing manufacturing also improved in November, resulting in the composite PMI index jumping to 52.7 from 49.6.

The weak manufacturing and dismal services sector activity dragged down the composite PMI to just below the 50-mark for first time since February 2018.

A composite index, which measures both services and factory activity, remained unchanged at 51.7 in May, cushioned by a better manufacturing performance.

Factory output also expanded at a weaker pace in April than the previous month amid uncertainty about what policies the new government might adopt. That brought down the composite PMI to its lowest in seven months at 51.7.

The recovery in services firms' activity, and a robust pace of manufacturing growth lifted the composite PMI to 53.3, highest since October 2016.

The composite PMI, which takes into account both manufacturing and services activity, fell to 50.3 last month from 51.3.

The Purchasing Managers' Index (PMI) from the Institute of Supply Management is expected to show that factory activity expanded in September after having contracted in August.

Services industry expanded at its fastest pace in three months in July as new business surged, driven by the first price cutting since October, a private survey showed on Wednesday.

Private sector activity in the country eased in April amid slower expansion in new business inflows in services sector while order books at manufacturers also broadly stagnated, adding to the clamour for further interest rate cuts by Reserve Bank.

Chinese shares stumbled lower on Monday after an official measure of activity in the giant factory sector fell to its lowest since mid-2012, offering no respite from the economic drift that has dogged markets for months.

Asian shares were solidly higher on Tuesday, shrugging off one Chinese factory survey that did little to ease persistent concerns about cooling growth in the economy, while a private survey showed a hint of stabilisation.

Overnight on Wall Street, the Dow Jones industrial average fell 1.09 per cent, the S&P 500 lost 1.23 per cent, and the Nasdaq Composite fell 1.5 per cent to 4,756.72.

The composite HSBC emerging markets index of manufacturing and services purchasing managers' surveys fell to 51.6 in December from 52.1 in November. But the index remained firmly above the 50 threshold which denotes expansion.

Wall Street was little changed on Friday as stronger-than-expected data on manufacturing gave investors a reason to buy despite massive equity gains so far this year.

The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 54.1 in October from September's 49.8 - the highest reading since February

The rise in the services index followed data earlier this week showing manufacturing also improved in November, resulting in the composite PMI index jumping to 52.7 from 49.6.

The weak manufacturing and dismal services sector activity dragged down the composite PMI to just below the 50-mark for first time since February 2018.

A composite index, which measures both services and factory activity, remained unchanged at 51.7 in May, cushioned by a better manufacturing performance.

Factory output also expanded at a weaker pace in April than the previous month amid uncertainty about what policies the new government might adopt. That brought down the composite PMI to its lowest in seven months at 51.7.

The recovery in services firms' activity, and a robust pace of manufacturing growth lifted the composite PMI to 53.3, highest since October 2016.

The composite PMI, which takes into account both manufacturing and services activity, fell to 50.3 last month from 51.3.

The Purchasing Managers' Index (PMI) from the Institute of Supply Management is expected to show that factory activity expanded in September after having contracted in August.

Services industry expanded at its fastest pace in three months in July as new business surged, driven by the first price cutting since October, a private survey showed on Wednesday.

Private sector activity in the country eased in April amid slower expansion in new business inflows in services sector while order books at manufacturers also broadly stagnated, adding to the clamour for further interest rate cuts by Reserve Bank.

Chinese shares stumbled lower on Monday after an official measure of activity in the giant factory sector fell to its lowest since mid-2012, offering no respite from the economic drift that has dogged markets for months.

Asian shares were solidly higher on Tuesday, shrugging off one Chinese factory survey that did little to ease persistent concerns about cooling growth in the economy, while a private survey showed a hint of stabilisation.

Overnight on Wall Street, the Dow Jones industrial average fell 1.09 per cent, the S&P 500 lost 1.23 per cent, and the Nasdaq Composite fell 1.5 per cent to 4,756.72.

The composite HSBC emerging markets index of manufacturing and services purchasing managers' surveys fell to 51.6 in December from 52.1 in November. But the index remained firmly above the 50 threshold which denotes expansion.

Wall Street was little changed on Friday as stronger-than-expected data on manufacturing gave investors a reason to buy despite massive equity gains so far this year.