Eurozone announced a worse than expected purchasing manager index, and again showed a slowing recovery pace in Europe. Purchasing manager index for services and manufacturing industries fell to 55.6 and 55.0 respectively in August from the previous reading of 55.8 and 56.7. While Germany’s purchasing manager index of services industries was unexpectedly rose to 58.5 from 56.5 in the same period.
Australia’s election showed neither the current Prime Minister Julia Gillard nor opposition leader Tony Abbott had received an outright majority. Political uncertainty surrounded the stock market and Australia’s ASX 200 ended nearly flat.
Thailand’s gross domestic product increased 9.1% in the second quarter yoy. And the Thailand SET Index slightly upped 0.1%.
The inflation of Singapore accelerated in July. The consumer price index rose 3.1% from a year earlier. The higher car price and electricity tariffs pushed by the high oil price weighed on the surging inflation. Straits Times Index lost 0.36%.
The jobless rate of Taiwan dropped to 5.17%, which was a 19-month low, in July from 5.2% in June. And the industrial output rose consecutively for 11 months, the output gained 20.7% in July from a year earlier. Taiex Index gained 0.61%.
China shares, the Shanghai Composite Index and Shenzhen Composite Index slightly lost around 0.1% respectively. Hong Kong Hang Seng Index dropped 0.44% and Japan lost even deeper. Nikkei 225 Average Index went down 0.68%.
