July 12, 2020

Most Southeast Asian exchanges suffer from international uncertainty

The majority of Southeast Asian exchanges culminated Wednesday's day with losses due to uncertainty over an agreement that ends the trade war between the United States and China and despite the signing in Bangkok of a commercial megatratado that brings together 15 economies from Asia-Pacific.

The losses were especially marked in the Manila stock market and the exceptions to the negative trend in the region were the parks of Singapore and Ho Chi Minh (the financial capital of Vietnam), which closed the day with gains.

In Singapore, the stock market rose 14.06 points, 0.43 percent, and the composite indicator Straits Times closed with 3,262.69 integers.

In Indonesia, Jakarta Square lost 46.60 units, 0.74 percent, and the JCI index ended with 6,217.55 points.

In Malaysia, the Kuala Lumpur stock market dropped 3.49 integers, 0.22 percent, and the KLCI index closed with 1,603.25 units.

In Thailand, the Bangkok parquet fell 2.88 points, 0.18 percent, and the SET index ended the day with 1,623.99 integers.

In the Philippines, the Manila stock market fell 190.80 units, 2.32 percent, and the PSEi index ended with 8,025.88 points.

In Vietnam, the VN index of the Ho Chi Minh Stock Exchange (former Saigon) closed with 1,024.91 integers after adding 0.57 units or 0.06 percent.

. (tagsToTranslate) most (t) Southeast (t) Asian (t) international uncertainty (t)

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