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KM Financial Solutions | SE Asia Stocks-Singapore erases gains to close slightly higher, Philippines extends falls
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SE Asia Stocks-Singapore erases gains to close slightly higher, Philippines extends falls

25 Sep SE Asia Stocks-Singapore erases gains to close slightly higher, Philippines extends falls

Posted at 10:14h in News by
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Singapore shares gave up most of their
early gains on Wednesday after data showed factory output growth
in August slowed more than expected, while Philippine stocks
weakened for a second straight session ahead of an expected rate
hike on Thursday.
Investors were also cautious as they weighed how much more
policy tightening is in store from the U.S. Federal Reserve. Fed
funds rates futures implied traders are fully pricing in a rate
hike on Wedne

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