KM Financial Solutions | SE Asia Stocks-Subdued; Philippines extends slide

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SE Asia Stocks-Subdued; Philippines extends slide

30 Sep SE Asia Stocks-Subdued; Philippines extends slide

Posted at 05:07h in News by KMFSLLP 0 Comments

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Philippine shares extended losses on
Monday on worries of high inflation and further monetary policy
tightening, while most other Southeast Asian stock markets saw
lacklustre trading due to holidays in China including Hong Kong.

Asian shares edged lower as investors watched for
developments on U.S. negotiations with Canada and Mexico over
the North American Free Trade Agreement (NAFTA) deal.

“Improvement in trade will be a relief to sentiment