SE Asia stocks down as Syria, North Korea tensions weigh | Bangkok Post: news - News Summed Up

SE Asia stocks down as Syria, North Korea tensions weigh | Bangkok Post: news


Most Southeast Asian stocks ended down on Tuesday as geopolitical tensions stemming from Syria and North Korea continued to hurt risk appetite. The possibility of military action against North Korea in response to its weapon tests grew after the US missile strikes against Syria last week in retaliation to a chemical weapons' attack on civilians. Indonesian shares posted their third consecutive session of declines, with the index of the country's 45 most liquid stocks closing down 0.5%. The Philippines reversed early gains to end in negative territory, pulled down by real estate stocks, with SM Prime Holdings dropping 2.5%. "Market traded in positive territory for most of today but was swamped by profit-taking towards close," RCBC Securities said in a note.


Source: Bangkok Post April 11, 2017 10:41 UTC



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