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Written by Steven HansenThe ISM improved but remained in expansion whilst the Markit PMI improved advanced further into expansion.

In February, the Purchasing Managers' Index (PMI) of China's manufacturing industry was 50.6 percent, which was 0.7 percentage point lower than that of last month. It was above the threshold for 12 consecutive months, and the prosperity level of manufacturing industry was lower than that of last month.

KUALA LUMPUR (Feb 22): The main index of Bursa Malaysia reversed its loss and ticked higher in the mid-morning today, tracking regional markets, but gains were seen limited. At 10am, the FBM KLCI had added 0.18 points to 1,585.11. The index earlier slipped to a low of 1,585.54. Gainers led losers by 541 to 441, while 367 counters traded unchanged. Trading volume was 3.95 billion shares valued at RM1.39 billion. The gainers included Heineken Malaysia Bhd, Carlsberg Brewery Malaysia Bhd, Dutch Lady Milk Industries Bhd, Pimpinan Ehsan Bhd, Nestle (Malaysia) Bhd, Kobay Technology Bhd, KESM Indust...

In January 2021, China's Manufacturing Purchasing Managers Index (PMI) was 51.3 percent, down by 0.6 percentage point from last month, which was above the threshold for eleven consecutive months, indicating that the manufacturing industry continued to expand, but the pace slowed down.

Purchasing Managers Index for January 2021 National Bureau of Statistics of China 2021-02-01 09:30 China Federation of Logistics and Purchasing(CFLP)     In January 2021, China's Manufacturing Purchasing Managers Index (PMI) was 51.3 percent, down by 0.6 percentage point from last month, which was above the threshold for eleven consecutive months, indicating that the manufacturing industry continued to expand, but the pace slowed down.     In terms of enterprise scale, the PMI of large and medium-sized enterprises was 52.1 and 51.4percent, which was 0.6 and 1.3 percentage points lowe...