November China factory activity data, oil prices

In Singapore — Tuesday trading, Asia Pacific equities were mixed as Asia Pacific investors continued to track trends surrounding the Omicron variant.

Hong Kong Hang Seng Index Leading losses in the region’s major markets, it fell 1.09% by the afternoon.

Share Sun City Group After the company’s chairman was recently arrested by the Macau police on suspicion of linking to illegal cross-border gambling activities, it plummeted nearly 40% to HK $ 0.154 ($ 0.02) per share in Hong Kong.

Other Hong Kong listed casino stocks also fell, Wynn Macau 4.31% down Sands China Dropped by 2% or more SJM Holdings It fell 3.58%.

Mainland China stocks are mixed, Shanghai Composite Increased by 0.23% SZSE Component I sat under the flat line.

Data released on Tuesday show that factory activity in China is growing unexpectedly in November. Official Manufacturing Purchasing Manager Index November will be 50.1. This exceeded the expectations of analysts who investigated the Reuters value of 49.6.

PMI readings below 50 represent shrinkage, and PMI readings above that level represent expansion. PMI readings are continuous and represent monthly scaling.

Elsewhere in Japan Nikkei 225 While the Topix index rose 1.02%, it rose 0.51%.

Korean KOSPI It fell by 1.07% S & P / ASX 200 In Australia it surged 1.05%.

MSCI’s widest non-Japanese Asia Pacific stock index rose 0.1%.

Stock Selection and Investment Trends from CNBC Pro:

Oil prices rise

Crude oil prices were high in the afternoon of Asian trading hours on international benchmarks Brent crude oil futures $ 73.95 a barrel, up 0.69%. US Crude Oil Futures $ 70.71, up 1.09% per barrel.

NS US dollar indexTracking greenbacks against baskets from other companies in the same industry was 96.137 after a recent rise to around 96.4.

NS JPY It traded at 113.61 per dollar, weaker than the level below 113.4 seen against yesterday’s greenback. NS Australian dollar Was $ 0.7144, but has been struggling to recover after surpassing $ 0.725 last week.

November China factory activity data, oil prices

Source link November China factory activity data, oil prices

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