Sentiment at Asia's biggest companies climbed to its highest in a year in the second quarter of 2016, helped by signs that China's economy was slowly steadying, a Thomson Reuters/INSEAD survey showed.
During the quarter, China reported a marginal decline in May imports that was far less than market expectations, reflecting a pick-up in domestic demand as the government raises spending on infrastructure projects to support growth.
The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook of 139 firms, rose to 67 for April-June versus 65 three months prior - continuing a rebound from a four-year low of 58 in December. A reading over 50 indicates a positive view.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
During the quarter, China reported a marginal decline in May imports that was far less than market expectations, reflecting a pick-up in domestic demand as the government raises spending on infrastructure projects to support growth.
The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook of 139 firms, rose to 67 for April-June versus 65 three months prior - continuing a rebound from a four-year low of 58 in December. A reading over 50 indicates a positive view.
No comments:
Post a Comment