SINGAPORE: Philippine shares were the hardest hit on Monday, as fears over a second wave of coronavirus infections hurt risk sentiment and depressed Asian stock and currency markets.
The Philippine stock index plunged nearly 4% and was headed for its worst day since mid-April as the country reopened after a long weekend and caught up with the volatility in global stock markets.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!