Buying at the bottom. 128 in fact midmorning area Consumer Discretionary shares and automakers. Health care bearing the brunt. Banks are seeing the left the least amount of selling pressure. Lost in summers on the right at the moment. Back to you. Thanks david. It was one of the days losers. The the lives of leading loser among major stocks in asia today and thats among reports that it may be about to report a record loss. And may announce a turnaround plan earlier today with jim morris year. Were all waiting to hear what to sheila might have to say. Thingsoing to be enough something in the coming days even if not today area who seeing media reports that she that could actually announce a loss of 4 billion if you look at this number is equivalence to the total net income for the previous two decades. It is a huge number. Included in that figure would be about one point billion dollars, all of these losses due to an accounting scandal which came to light. Also selling off of businesses.
The worst of the slowdown in china may be over, and david inglis is looking at this. Pickup, 50. 8. A it was not a big surprise, because if you look at the range of forecasts from economists, pretty much everyone was expecting we would still see expansion. As high as 51. 5, so i guess you could argue that it is more in line with expectations. This is really a survey, at least for this particular one. A series of questions. How many optimists are there, compared to pessimist . A number above 50 indicates that people are perhaps a little bit more bullish on their own business, so that is what we have for the large enterprises. If you look at the medium sort of companies, mediumsized companies, because that is a critical area right now, we saw a big improvement here. 50. 3 in april, 51. 4, which suggests that some of these measures that beijing put in place over the past several have filtered over. That said, you look at the smallest firms, it is more difficult for these firms, 48 point e
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