November 24, 2020

Southeast Asian stock markets open with heavy losses

Southeast Asian stock markets open with heavy losses


The stock markets of Southeast Asia today began the trading day with heavy losses in all the parks, led by the stock market of Vietnam, dragged, according to local analysts, by the red numbers the day before in the squares of the United States.

In Singapore, the Stock Exchange of the city-state lost 36.71 points, 1.21 percent, and placed the Straits Times Index at 2,995.37 points.

In Malaysia, the Kuala Lumpur stock exchange traded down 16.47 points, 0.97 percent, and the KLCI index was placed at 1,673.57 points.

In the Philippines, the Manila Stock Exchange fell 180.12 points, 2.53 percent, and the PSEi indicator stood at 6,949.30 points at the start of the negotiation.

In Indonesia, the Stock Exchange of Jakarta fell 31.13 points, 0.55 percent, and the JCI index started at 5,678.28 points.

In Vietnam, the VN index of the stock market of Ho Chi Minh City (former Saigon) opened with 895.09 points after decreasing 27.64 points or 3.00 percent.

In Thailand, the Bangkok Stock Exchange fell 16.65 points, equivalent to 1.03 percent, and the SET index started at 1,606.72 points.

Regarding the currencies of the region, their quotations per dollar unit were placed at the beginning of the day:

Vietnamese Dong 23,375.95

Indonesian Rupiah 15,212.50

Philippine Peso 53.80

Thai Baht 32.90

Malaysian Ringit 4.16

Singapore Dollar 1.38.

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