Page 178 - CW E-Magazine (30-1-2024)

Special Report

Dec’22 Jan’23 Feb’23 Mar’23 Apr’23 May’23 Jun’23 Jul’23 Aug’23 Sep’23 Oct’23 Nov’23
Global Global
Brazil
Canada
Americas Colombia
Mexico
US
Eurozone
Austria
Czech
Republic
France
Germany
Europe Greece
Ireland
Italy
Netherlands
Poland
Spain
UK
Australia
China
(Mainland)
India
Indonesia
Japan
Kazakhstan
Asia Malaysia
Pacific
Myanmar
Philippines
South Korea
Taiwan
Thailand
Vietnam
ASEAN
Russia
Others
Turkey
Global PMI heatmap Manufacturing
Source: S&P Global PMI in association with relevant sponsors.

The heat map of PMi for Ser- valuation by anticipating trends well, Global index knows something that
vices is like a green lawn, but as we except in times of sudden earth-shak- the S&P Index figures out a little
enter 2024, the overall optimism is ing events. The Global index of Net later, given that it rose earlier, but
negative for Canada, Australia, and Returns has been rising in the last fell a little later, at least in 2023, but
Kazakhstan. This leaves the global Quarter and seems to be widening its there are no real answers as yet.
economy a bit tentative about 2024. gap with the S&P 500 Equal Weight
index, though tracking it closely. The indian NiFTY and Sensex
Stock Markets gave a 20% return in 2023 versus 24%
Stock Markets are supposed to it raises questions about exube- for the S&P given that both econo-
factor in future expectations in their rance, in general, and whether the mies did well in 2023. The tech-heavy

178 Chemical Weekly January 30, 2024

Contents Index to Advertisers Index to Products Advertised