The MSCI gauge of EM Asia equities slipped about 1% from a one-month high scaled the prior day, dragged by a 1.6% drop in South Korea's Kospi. Energy-dependent Asian economies are exposed to oil price volatility, which threatens to stoke inflation and strain economic growth. Shares in Kuala Lumpur fell 0.8%, while stocks in Singapore slid about 0.4% and those in Jakarta were flat. In Thailand, stocks extended their winning streak to a third day, edging higher to hover near a five-week high. The baht remained anchored around a one-month high of 32.06 a dollar it touched the previous day.

Source: The Edge Markets April 09, 2026 08:47 UTC