It pointed out that the Philippines has taken the most drastic measures by ceasing all trades on its stock exchange, while Malaysia and Thailand have taken some initiatives to stabilise market volatility.(File pic shows Philippines stock trading)
PETALING JAYA: Stock exchanges in Asean countries are making efforts to stabilise the heightening volatility in markets caused by the uncertainties from the coronavirus (Covid-19) outbreak.
According to ZICO Law, a network of law firms, Indonesia has been the most proactive among Asean countries in reacting to the stock market volatility.
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