SE Asia Stocks-Most rise on hopes of more stimulus in China
Most Southeast Asian stock markets rose
on Monday, with Malaysia leading gains, as China, the region’s
prime trading partner, cut a key interest rate and promised more
measures to prop up an economy battered by the cornonavirus
pandemic.
China cut its benchmark lending rate by 20 basis points to
3.85% on expected lines and said it would roll out additional
on Monday, with Malaysia leading gains, as China, the region’s
prime trading partner, cut a key interest rate and promised more
measures to prop up an economy battered by the cornonavirus
pandemic.
China cut its benchmark lending rate by 20 basis points to
3.85% on expected lines and said it would roll out additional
Posted by Reuters
