26 Nov SE Asia Stocks-Philippines falls, others muted over China concerns
By Aaron Saldanha
Nov 27 (Reuters) – Philippine shares fell on Monday, giving
up gains in the last two sessions, while most other Southeast
Asian stock markets were subdued amid concerns of a regulatory
crackdown in China.
Chinese shares fell as market sentiment took a hit from
rising bond yields after Beijing stepped up crackdown on shadow
banking and other riskier forms of financing, with higher
borrowing costs threatening to squeeze corporate profits.
Nov 27 (Reuters) – Philippine shares fell on Monday, giving
up gains in the last two sessions, while most other Southeast
Asian stock markets were subdued amid concerns of a regulatory
crackdown in China.
Chinese shares fell as market sentiment took a hit from
rising bond yields after Beijing stepped up crackdown on shadow
banking and other riskier forms of financing, with higher
borrowing costs threatening to squeeze corporate profits.
MSCI’s broadest index of
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