NAPM index

Chinese Equities Hammered

March 4, 2013

Stocks in China fell 4.6% following the announcement late Friday of new property market curbs there.  Share prices also dropped by 1.5% in Australian and Hong Kong, 1.2% in Taiwan, 1.0% in Indonesia, 0.9% in Singapore and 0.7% in South Korea.  The official CFLP non-manufacturing purchasing managers index weakened to a 5-month low of 54.5 […] More