Euro Area PMI declines in February

Note: This section contains information in English only.
Source: Marketwatch
Euro Zone manufacturing activity index dropped from 50.4 in January to 49.3 last month, lower than preliminary figure of 49.7. German PMI fell to 53.2, reaching two-month low while Italian and Spanish PMI indices slipped to 44.7 and 42.9 respectively, also attaining two-month record lows in February.
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Mon, 05 Mar 2012 13:34:21 GMT

Asian share markets down on China's growth outlook

Asian equity markets finished lower on Monday as China lowered its GDP growth forecast for year 2012 from 8% to 7.5%. Hong Kong's Hang Seng Index fell 1.4%, Japan's Nikkei Stock Average slipped 0.8% while China's Shanghai Composite dropped 0.6%. South Korea's Kospi declined 0.9% and Australia's S&P/ASX 200 index faded 0.2%. 

Mon, 05 Mar 2012 13:19:29 GMT

Nikkei 225 index

Japan's Nikkei Stock Average lost ground on Monday as China lowered its economic growth goal and left target inflation rate unchanged at 4%. Nikkei 225 index lost 0.8% or 78.44 points and finished at 9,698.59 with energy and technology stocks tumbling most. Sony Corp fell 3.3% and Panasonic Corp slipped 2.2%. Olympus plunged 3.2% on rumours about new executive arrests.

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