Resurgent Asean stocks may weather Trump-China trade spat: strategists
Bangkok
A RALLY in South-east Asian stocks may persist even if a Trump-induced trade spat with China erupts, as strategists see the region offering shelter from any global fallout.
After taking a dive as expectations for faster US interest rate hikes damped their appeal, Asean's emerging share markets have rebounded sharply in the past couple of weeks.
The Philippine Stock Exchange Index has led the way, surging 10 per cent since Dec 23, followed by a 6.1 per cent increa…
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