Global Market Report - November 30

The G20 Summit is providing a distraction for world markets on the last trading day of what has been another volatile month

James Gard 30 November, 2018 | 10:53AM

Global Market Report

Asia

Chinese manufacturing data came in below expectations today. With a reading of 50, the PMI survey shows the sector on the cusp of contracting and at a 16-month low. The non-manufacturing PMI was higher at 53.4, which was lower than the previous month’s survey and below forecasts.

China’s Shanghai Composite Index was up nearly 1% on the day but is lower than at the start of November, and over 20% down from the start of the year.

A range of Asia-Pacific indices were higher on the day, including the Nikkei 225 – which has made gains this month – but Australia’s All Ordinaries was one of the worst performing markets in the developed world today.

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Deutsche Bank AG8.48 EUR-0.89

About Author

James Gard  is content editor for Morningstar.co.uk

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