South-East Asia stocks set for bull market on easing virus spread


A woman, wearing a face mask as a preventive measure against the spread of coronavirus, is walks past the Singapore Exchange (SGX) stock exchange building in the central business district area. South-East Asian equities have risen more than 20% from recent lows, tracking global peers, with consumer stocks recovering as the Covid-19 (coronavirus) pandemic shows signs of slowing down. - AFP

SINGAPORE/KUALA LUMPUR: South-East Asian equities have risen more than 20% from recent lows, tracking global peers, with consumer stocks recovering as the Covid-19 (coronavirus) pandemic shows signs of slowing down.

The MSCI Asean Index gained as much as 1.9% on Tuesday, taking its rebound from a March 23 low to 21%.

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