Japan’s Manufacturing PMI for July sent ripples through the local market as mid-cap and large-cap stocks trended higher on Monday. Latest survey from Jibun Bank showed a higher manufacturing PMI score of 53.0 (52.4 in June) led by improved orders in the semiconductors and automotive industries.
ETFs targeting mid-cap and large-cap Japanese stocks were up by +1.45% at close on Monday with a net inflow of €31.65M. The segment includes 97 ETFs tracking 53 indices for a total of €62.15Bn of assets under management.
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