Stocks advance on lower inflation report

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 55%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Defining the News

The local stock market sustained its upward momentum Tuesday as investors welcomed the better-than-expected inflation rate data.

China Bank Capital managing director Juan Paolo Colet said index continued its rebound as the low October inflation boosted expectations the Bankgo Sentral ng Pilipinas would not implement a rate hike for the remainder of the year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines