More caution returns to the market


REVIEW: As the third quarter of the year kicked off, rising turmoil in emerging markets amid the backdrop of an increasingly difficult global trade trade environment led to a sustained selldown in equities.

The pace of currency slides in the emerging markets picked up; apart from ailing currencies in Argentina and Turkey to South Africa and India, in South-East Asia selloffs in Indonesia’s rupiah and the Philippine peso were coming to a head.

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Business , Market Trend , Bursa Malaysia , FBM KLCI

   

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