SE Asia Stocks-Philippines ends at over 16-month high on rate-cut hopes
Philippine shares closed at a more than
16-month high on Monday, after a local daily reported the
central bank may look at further rate cuts, while Indonesia rose
after the government said it was looking to relax laws and taxes
to boost investment.
Most other Southeast Asian stock markets were subdued as
they traded in a tight range.
A bright domestic in
16-month high on Monday, after a local daily reported the
central bank may look at further rate cuts, while Indonesia rose
after the government said it was looking to relax laws and taxes
to boost investment.
Most other Southeast Asian stock markets were subdued as
they traded in a tight range.
A bright domestic in
Posted by Reuters
