Philippines Manufacturing Sector Picks Up Steam In January - S&P Global

RTTNews | 821天前
Philippines Manufacturing Sector Picks Up Steam In January - S&P Global

(RTTNews) - The manufacturing sector in the Philippines continued to expand in January, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 53.5.

That's up from 53.1 in December and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

An expansion in output was registered for the fifth month running. The pace of growth quickened on the month, to signal a sharp rise in production levels. Anecdotal evidence pointed to increasing demand for Filipino manufacturing goods. Similarly, new orders also rose at a faster pace in January.

Additionally, foreign demand for goods manufactured in the Philippines also picked up in January. Growing international client numbers and stronger demand from China helped revive exports for the first time in 11 months.

read more
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,200 level, with gains in iron ore miners, financial and energy stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 1小时27分钟前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are mostly higher on Friday, following the positive cues from Wall Street overnight, amid optimism about possible trade deals, with US President Donald Trump saying he has "potential" trade deals with India, South Korea and Japan as well as expressed optimism about a resolution with China. Traders are also booking some profits following the recent upside in the markets.
RTTNews | 1小时48分钟前
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open a tad higher on Friday as markets resume trading after a holiday on Thursday for Maharashtra Day.
RTTNews | 2小时8分钟前
Thai Bourse May Reclaim 1,200-Point Level

Thai Bourse May Reclaim 1,200-Point Level

Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
RTTNews | 2小时42分钟前
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

Ahead of Thursday's Labor Day holiday, the Indonesia stock market had moved higher in four straight sessions, advancing almost 160 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,770-point plateau and it's tipped to open in the green again on Friday.
RTTNews | 3小时12分钟前
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous six sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in index heavyweights, automakers and exporters partially offset by weakness in financial stocks.
RTTNews | 3小时15分钟前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,200 level, with gains in financial and energy stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 3小时35分钟前