Another day of passion for Asian price lists. There Tokyo Stock Exchange ended the session down 2,98%, with the Nikkei at 19.435 points, its lowest level in 3 months. This is the fourth consecutive session in the red for the Japanese index. In China, however, the Shanghai Stock Exchange he left 4,3% on the field. Even worse the Shenzhen Stock Exchange, where the Composite index lost 5,4%, to 2039,40 points.
The negative closure of Wall Street (S&P 500 -2,11%, Dow Jones -2,3% and Nasdaq -2,8%) and the latest negative data coming from the Dragon economy: China's manufacturing PMI noted by Markit/Caixin, which anticipates the trend of the sector, fell this month to 47,1 points. The figure is the lowest for over 6 years (77 months) and remains far from the threshold of 50 points, which marks the boundary between recession and expansion of economic activity.
THEmanufacturing index instead rose in Japan, where the August survey scored 51,9 points, from 51,2 in July, recording the second largest increase of the year. The preliminary data was released by Markit.
Meanwhile, on the currency front, lo yuan it continues to fall and is exchanged against the dollar at 6,3904, despite the central bank fixing it at 6,3864.
