15 Nov SE Asia Stocks-Most rise; Philippines jumps about 2 pct after rate hike
Most Southeast Asian stock markets rose
on Friday amid hopes of a thaw in Sino-U.S. trade relations,
with Philippine stocks adding nearly 2 percent after the central
bank raised its benchmark rate for the fifth time in a row.
After market hours on Thursday, the Bangko Sentral ng
Pilipinas raised the rate on its overnight reverse repurchase
facility by 25 basis points to 4.7
on Friday amid hopes of a thaw in Sino-U.S. trade relations,
with Philippine stocks adding nearly 2 percent after the central
bank raised its benchmark rate for the fifth time in a row.
After market hours on Thursday, the Bangko Sentral ng
Pilipinas raised the rate on its overnight reverse repurchase
facility by 25 basis points to 4.7
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