The Traderszone Network

Published in TZ Latest News 31 May, 2015 by The TZ Newswire Staff

Asia shares stumble as China PMIs fail to allay growth concerns

MSCI’s broadest index of Asia-Pacific shares outside Japan extended early losses and was down about 0.9 percent, even as Chinese shares were higher in early trading. The Markit/JMMA final Japan Manufacturing PMI rose to a seasonally adjusted 50.9 in May, unchanged from the preliminary reading but higher than a final 49.9 in April. Japan’s Nikkei stock index (.N225) gave up 0.5 percent, as the yen’s recent weakening trend took a breather.