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KM Financial Solutions | SE Asia Stocks-Philippines falls most, China selloff weighs
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SE Asia Stocks-Philippines falls most, China selloff weighs

27 Nov SE Asia Stocks-Philippines falls most, China selloff weighs

Posted at 04:03h in News by
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By Aaron Saldanha
Nov 28 (Reuters) – Philippine shares fell sharply on Tuesday
as a selloff in Chinese stocks weighed on Southeast Asian
markets, with Malaysia edging to a more than eight-month low.
Chinese stocks fell 0.7 percent after shedding 1.3 percent
in the previous session, while bond yields rose, hurting
investor confidence amid Beijing’s crackdown on shadow banking
and other riskier forms of financing.
MSCI’s broadest index of Asia-Pacific shares outside Japan
slipped

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