KUALA LUMPUR, July 1 (Xinhua) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index (PMI) posted 49.3 in June, up from 48.8 in May, showing a gradual move to stabilization.
S&P Global Market Intelligence said in a note on Tuesday that coming in only marginally below the neutral 50 threshold, the index signaled that business conditions moved closer to stabilization over the course of the month.
The index was also at the highest reading since February. ■
