Asian markets traded higher as investors in Asia digested the release of China Caixin services PMI.
The S&P/ASX 200 rose 0.66 percent on broad-based gains across its sub-indexes. The Shanghai Composite surged 1.24 percent, shrugging off lackluster services data.
The Caixin services purchasing managers' index showed non-manufacturing activity in China expanded at its slowest levels in almost two years in September, Reuters said. The Caixin/Markit PMI stood at 50.6 last month, compared to the 52.7 figure seen in August.
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The S&P/ASX 200 rose 0.66 percent on broad-based gains across its sub-indexes. The Shanghai Composite surged 1.24 percent, shrugging off lackluster services data.
The Caixin services purchasing managers' index showed non-manufacturing activity in China expanded at its slowest levels in almost two years in September, Reuters said. The Caixin/Markit PMI stood at 50.6 last month, compared to the 52.7 figure seen in August.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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