End of Market
- The first session of new F&O series and last trading session of the week turned out to be tormenting for local equity market.
- Negative global set up mainly endorsed the underlying weekness of local equity market.
- On the global front, Asian share stumbled on Friday after a month end swoon on Wall street.
- Activity in China's vast factory sector expanded at the fastest pace in 27 months in July.
- While industry surveys across Asia showed a pick up in export order that hinted a long awaited revival in global trade.
- A government survey showed on Friday, adding to signs that the economy is regaining momentum after a bust of government stimulus measures.
- European equity indexes fell for a third day on Friday, weighed by gloomy corporate outlooks and the prospect of U.S. jobs data, which is expected to shed light on the chances of an early end to the Federal Reserve's ultra easy monetary policy.
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