SE Asia stocks sluggish ahead of Fed meeting | Bangkok Post: news - News Summed Up

SE Asia stocks sluggish ahead of Fed meeting | Bangkok Post: news


"There are fears that not only will the Fed hike interest rates in March, but they may even hike the trajectory of rates." Singapore shares fell nearly 1% to their lowest close since Feb 28, dragged down by financials. DBS Group, the city-state's largest bank by market capitalisation, closed at its lowest in over a week. Malaysian shares closed 0.5% lower with financials being the main drag. Indonesia closed nearly unchanged with the index of the 45 most liquid stocks reflecting the subdued sentiment in the market.


Source: Bangkok Post March 09, 2017 11:15 UTC



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