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IIRF- Israeli IR Forum and IHS Markit Survey Report Reveals Top Trends Impacting Israeli Investor Relations Pros

During COVID-19, Israeli companies saw increased frequency of investor engagement and greater management time spent on IR activities as a result but engage with investors less frequently and ....

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Factory orders, production rise at slowest rates in 8 month

Factory orders, production rise at slowest rates in 8 month
03 May 2021, 16:37 GMT+10
New Delhi [India], May 3 (ANI): Economic conditions in India s manufacturing sector remained favourable in April as companies scaled up production in line with a further improvement in demand, according to the latest IHS Markit Manufacturing PMI released on Monday.
While output and sales increased at the slowest rates since last August due to an intensification of the Covid-19 crisis, there was a faster upturn in international orders.
Moreover, quantities of purchases expanded at one of the strongest rates seen for over nine years as firms sought to boost their inventories. ....

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India Manufacturing PMI Edges Up, Input Costs Escalate

India s manufacturing sector activity expanded in April despite fresh domestic factory orders and output easing to eight-month lows due to an intensification of the coronavirus pandemic. Data released by analytics firm IHS Markit showed purchasing managers index (PMI) for April edged up to 55.5 after declining to a seven month low in March at 55.4.
A figure above 50 indicates expansion, while sub-50 signals contraction. The surge in covid-19 cases could dampen demand further when firms financials are already susceptible to the hurdle of rising global prices. April saw the steepest increase in input costs for nearly seven years drive the sharpest upturn in output charges since October 2013. ....

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US Market gains on upbeat economic data

The US stock market finished session higher on Friday, 23 April 2021, as fresh economic data underscored that a strong economic recovery is under way. At the close of trade, the Dow Jones Industrial Average index advanced 227.59 points or 0.67% to 34,043. The S&P 500 index increased 45.19 points or 1.09% to 4,180. The tech-heavy Nasdaq Composite Index gained 198.40 points or 1.44% 14,017.
The gains were shared broadly by nearly every sector in the index. Technology companies accounted for a big slice of the rally, along with banks, communication stocks and companies that rely on consumer spending. The utilities and consumer staples sectors closed slightly lower.
ECONOMIC NEWS: The Commerce Department released a report showing new home sales skyrocketed by 20.7% to an annual rate of 1.021 million in March after plunging by 16.2% to a revised rate of 846,000 in February. ....

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U.S. stocks rebound on upbeat economic data

U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.
The Dow Jones Industrial Average gained 227.59 points, or 0.7%, to 34,043.49. The S&P 500 rose 1.1% to 4,180.17, while the tech-heavy Nasdaq Composite climbed 1.4% to 14,016.81.
Stocks were supported by data indicating an acceleration in economic activity and even faster growth in new home sales, as investors largely brushed off Thursday s reports that President Joe Biden would propose a large increase on the capital-gains tax for the wealthiest Americans.
In U.S. economic data, the IHS Markit purchasing managers index for the manufacturing sector rose to a record 60.5 in April from 59.1 a month earlier, while the services sector PMI jumped to 63.1 from 60.4. A reading of more than 50 indicates an expansion in activity. ....

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