(Feb 25): Southeast Asian stock markets stabilised on Tuesday, after a steep sell-off in the previous session, as fears of the coronavirus rapidly spreading beyond China kept gains in check. Benchmark heavyweights Oversea-Chinese Banking Corporation rose 0.8% and Jardine Matheson Holdings gained 0.4% . Banking and healthcare sectors helped prop-up the Malaysian benchmark index, up 0.7%, after it ended 2.7% lower the previous day. Lender Malayan Banking rose 1.1% and hospitals operator IHH Healthcare gained 1%. Thai shares fell 0.6% to their lowest level in over three years, hurt by losses among banking and telecom stocks.

Source: The Edge Markets February 25, 2020 04:18 UTC