Issue link: https://maltatoday.uberflip.com/i/1489404
Name Current Change %Change Open High Low Prev. Value Close US MARKETS DOW JONES 33,852.53 3.07 0.01 33847.80 33933.91 33662.45 33849.46 NASDAQ 10,983.78 -65.72 -0.59 11060.02 11086.02 10944.37 11049.50 EUROPEAN MARKETS FTSE 7,584.03 72.03 0.96 7512.00 7584.53 7512.00 7512.00 CAC 6,722.47 53.50 0.80 6706.67 6734.86 6678.75 6668.97 DAX 14,392.64 37.19 0.26 14429.22 14487.70 14363.32 14355.45 ASIAN MARKETS SGX Nifty 18,894.00 -22.50 -0.12 18916.50 18926.50 18892.00 18916.50 NIKKEI 225 27,968.99 -58.85 -0.21 27886.67 27972.89 27802.71 28027.84 STRAITS TIMES 3,290.49 14.13 0.43 3279.86 3290.56 3270.03 3276.36 HANG SENG 18,597.23 392.55 2.16 18141.56 18645.35 18052.32 18204.68 TAIWAN WEIGHTED 14,879.55 169.91 1.16 14678.23 14879.55 14678.23 14709.64 KOSPI 2,472.53 39.14 1.61 2424.44 2472.53 2421.42 2433.39 SET COMPOSITE 1,635.36 10.97 0.68 1626.14 1636.08 1622.24 1624.39 JAKARTA COMPOSITE 7,081.31 69.24 0.99 7012.11 7081.31 6993.70 7012.07 SHANGHAI COMPOSITE 3,151.34 1.59 0.05 3141.40 3158.57 3137.37 3149.75 5.1.2023 7 MARKETS International Markets Global Indices Trading Date: 4 Jan 2023 Euro zone recession may not be as deep as expected - PMI EURO zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey which suggested the bloc's recession may not be as deep as expected. S&P Global's final composite Purchasing Managers' In- dex (PMI) for the euro zone, seen as a good gauge of eco- nomic health, rose to 49.3 in December from November's 47.8, above a preliminary estimate of 48.8. While the index has been below the 50 mark separat- ing growth from contraction since July, December was a five-month high. e final data was compiled earlier than usual last month due to the holiday season. "e euro zone economy continued to deteriorate in December, but the strength of the downturn moderated for a second successive month, tentatively pointing to a contraction in the economy that may be milder than was initially anticipated," said Joe Hayes, senior economist at S&P Global Market Intelligence. "Nevertheless, there is little evidence across the survey results to suggest the euro zone economy may return to meaningful and stable growth any time soon." A December Reuters poll predicted the region's econo- my contracted 0.3% last quarter and would do so by 0.4% this quarter. Overall demand declined for a sixth straight month, al- beit at a shallower pace than initially thought. e PMI new business index bounced to 47.0 from 45.8, comforta- bly above the 46.5 flash estimate. A PMI covering the bloc's dominant services industry climbed to within a whisker of the breakeven point, reg- istering 49.8 compared to November's 48.5. e prelimi- nary estimate was 49.1. Price pressures in the sector eased last month although did remain elevated. e output prices index dropped to 61.0 from 62.3 and its lowest since August. at will likely be welcomed by policymakers at the Eu- ropean Central Bank who have been tightening monetary policy to try and contain inflation running considerably above their target. Demand declined for a sixth straight month, but at a shallower pace than predicted