Asia markets extend gains ahead of business activity figures from around the region

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Purchasing managers index figures will be announced by S&P Global for Australia, Japan and India for March, as well as inflation figures for Singapore

Asia-Pacific markets extended gains from Monday as tech shares rebounded on Wall Street and investors look toward flash business activity figures from Australia, Japan and India.

Manufacturing PMI climbed to 49.9 from 47.3, just shy of the 50 mark that separates expansion from contraction, while services PMI slipped slightly to 54.2 from 54.4.CNBC Pro: 'Bargain' energy stocks: Morningstar strategist picks 5 to buy as oil prices slide It was among the laggards last year, but things have turned around with many stocks now trading near all-time highs.

However, he did say there were"selective bargains" in the market currently and revealed five stocks in the energy space he likes right now.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia markets climb ahead of consumer confidence data from Japan, business confidence survey from AustraliaInvestors in Asia will observe business confidence surveys out from Australia and consumer confidence data from Japan.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »