KM Financial Solutions | SE Asia Stocks-Most slide on weak oil prices; Malaysia hits 8-mth closing low
3591
post-template-default,single,single-post,postid-3591,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

SE Asia Stocks-Most slide on weak oil prices; Malaysia hits 8-mth closing low

SE Asia Stocks-Most slide on weak oil prices; Malaysia hits 8-mth closing low

By Karthika Suresh Namboothiri
Nov 15 (Reuters) – Most Southeast Asian stock markets ended
lower on Wednesday, with Malaysia closing at its lowest in eight
months, as a slide in global equities and oil prices spurred
risk aversion.
Crude oil prices fell by 1 percent after the International
Energy Agency cut its oil demand growth forecast for the year
and next, implying that oil consumption may not breach 100
million barrels per day next year, while supplies are likely to
exceed that

No Comments

Post A Comment