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China June factory growth slows on COVID-19, supply chain snags - Caixin PMI

By Reuters Staff 3 Min Read BEIJING (Reuters) - China’s factory activity expanded at a softer pace in June, as the resurgence of COVID-19 cases in the export province of Guangdong and supply chain woes drove output growth to the lowest in 15 months, a private survey showed on Thursday. FILE PHOTO: An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. China Daily via REUTERS//File Photo The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 51.3 last month from May’s 52, marking the 14th month of expansion, but it came below analyst expectations for a only slight slowdown to 51.8.

SGX Nifty indicates cautious opening for indices

SGX Nifty indicates cautious opening for indices PTI Trends on SGX Nifty indicate a cautious opening for the index. The Nifty futures were trading at 15,755 on the Singaporean Exchange. At 09:02 AM, the Sensex was up 56.41 points or 0.11 percent at 52539.12. The Nifty was up 42.40 points or 0.27 percent at 15763.90. The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking forward toward Friday s highly anticipated employment report. The Dow Jones Industrial Average rose 210.22 points or 0.61 percent to 34,502.51, the S&P 500 gained 5.7 points or 0.13 percent to 4,297.5 and the Nasdaq Composite dropped 34.38 points or 0.17 percent to 14,503.95.

Indices trade with minor cuts

Indices trade with minor cuts
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Nifty regains 15,700 level; breadth positive

Nifty regains 15,700 level; breadth positive
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