Nikkei Malaysia Manufacturing PMI @ 47.6 in Feb, 2019


Key points:

▪ Output and new orders both fall for fifth month running

▪ Employment stagnates, while price pressures ease

▪ Business confidence dips to three-month low

Own Interpretation:-

- PMI is a leading indicator for a economic development.

- When PMI fall below 50, it reflect economic downtrend

- When PMI hit above 50, it show economic uptrend.

- There is a lot of company financial announcement in Feb- March 2019. Some of company shows a bad financial achievement due to higher cost of production, lower sales generation and so on.

- If we are monitoring the PMI movement, you wont feel surprise that a lot of company cant meet market expectation.


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