Emerging markets: Stocks in Indonesia plunge the most in the region as Asia stocks extend losses on Wall Street weakness


JAKARTA May 10 (Reuters): Asian stock markets were broadly lower on Tuesday, tracking a sell-off overnight on Wall Street on concerns that the US Federal Reserve's planned rate hikes will hamper the economy's growth prospects, while currency markets saw some gains.

Stocks in Indonesia plunged the most in the region, falling 2.9%, while shares in the Philippines dropped 1.4% following the unofficial result of its presidential election.

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