30 Dec SE Asia Stocks-Singapore, Malaysia rise after Trump-Xi trade phone call
Singaporean and Malaysian stocks rose on
Monday in thin year-end trading as a phone call between U.S. and
Chinese leaders spurred hopes that the two economic heavyweights
would reach a deal that could ease their damaging trade
standoff.
While other markets in the region were shut, Singapore and
Malaysia gained modestly, in line with their Asian peers, as
investors appeared to take heart from a possible Sino-U.S. deal
at the end of a tumultuous year.
U.S. President
Monday in thin year-end trading as a phone call between U.S. and
Chinese leaders spurred hopes that the two economic heavyweights
would reach a deal that could ease their damaging trade
standoff.
While other markets in the region were shut, Singapore and
Malaysia gained modestly, in line with their Asian peers, as
investors appeared to take heart from a possible Sino-U.S. deal
at the end of a tumultuous year.
U.S. President
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