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Solid enough Caixin services PMI data out....>

STOCKS
STOCKS: Solid enough Caixin services PMI data out of China was enough to provide
some counterbalance to the negative lead from Wall St., with the major regional
Asia-Pacific stock equity indices trading mixed at present.
- The Hang Seng was the outperformer, looking through the softest HK PMI print
since the GFC. The move may have been aided by events on Tuesday, which saw
China note that peaceful demonstrations were allowed in Hong Kong under law,
although it was quick to rule out the demands for direct democracy.
- The ASX 200 underperformed, with every major sector of the index trading
lower.
- U.S. equity index futures ticked higher.
- Nikkei 225 unch., Hang Seng +1.3%, CSI 300 +0.1%, ASX 200 -0.6%.
- S&P 500 futures +9, DJIA futures +69, NASDAQ 100 futures +35.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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