Indian HSBC Manufacturing PMI Flash (Apr) 55.9 (Prev. 53.9)
The April flash Manufacturing PMI for India came in at 55.9, significantly higher than the previous month's 53.9, indicating a stronger expansion in the manufacturing sector.
STMicroelectronics (STMPA FP) Q1 2026 (USD): EPS 0.13 (exp. 0.19), Revenue 3.10bln (exp. 3.06bln), Gross Margin 33.8% & above the mid-point of outlook range, due to a better product mix.
Nestle (NESN SW) Q1 2026 (CHF): Sales 21.3bln (exp. 21.1bln), Organic Growth 3.5%; maintains guidance
Indian HSBC Manufacturing PMI Flash (Apr) 55.9 (Prev. 53.9)
LG Display (066570 KS) Q1 net loss 571bln (exp. loss 28.8bln), oper. 147bln (exp. 112bln), rev. 5.53tln (exp. 5.68tln)
Iranian opposition sources said air defences were activated in Iran last night against unmanned aerial vehicles, according to N12
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This positive data suggests robust demand and improved business conditions, which could signal upward pressure on growth expectations and potential implications for policy, especially if this trend continues.
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