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Malaysian stocks fall as neighbours react positively to US-China deal news

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Southeast Asian markets have come under pressure since the imposition of tariffs by the world's two economic giants on each other's goods.

KUALA LUMPUR: Most Southeast Asian stocks climbed on Monday amid reports the US and China were close to striking a trade deal, while Malaysia fell despite the country reporting a higher-than-expected trade surplus for January.

Shares across broader Asia edged higher, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 0.1%for their second straight day of gains. The Singapore index, which is impacted by any development on the Sino-US trade front due to its high trade exposure, gained 0.7%, bolstered by consumer and financial stocks.

Bucking the trend, Malaysian shares started the day as much as 0.7% lower on expectations of a lower January trade surplus.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 5. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Asian stocks jump on signs US, China close to trade deal | Malay MailSYDNEY, March 4 — Asian shares gained today on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the US dollar eased as traders wagered Federal Reserve policy would remain accommodative. The Wall Street Journal reported Washington...
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