SE Asia Stocks-Fall as Mideast tensions escalate, Philippines leads declines
Philippine stocks fell more than 1% on
Monday as soaring oil prices stoked fears of inflationary
pressure for the net oil importing nation, while other Southeast
Asian markets were also in the red due to heightened Middle East
tensions.
Oil prices shot more than 2% higher and Brent rose above $
Monday as soaring oil prices stoked fears of inflationary
pressure for the net oil importing nation, while other Southeast
Asian markets were also in the red due to heightened Middle East
tensions.
Oil prices shot more than 2% higher and Brent rose above $
Posted by Reuters
