By Aparajita Saxena
May 26 (Reuters) - Southeast Asian stocks were largely
sluggish on Thursday as worries over an imminent rate increase
by the U.S. Fed and signs of a slowdown in China hit sentiment,
but higher oil prices boosted energy shares across the board.
Chinese stocks fell to 2-1/2 month lows before closing
slightly higher on growing worries that the economy was losing
steam.
Data on Wednesday showed profits at China's state-owned
firms fell 8.4 percent year-on-year in the
Read more
No comments:
Post a Comment