SE Asia Stocks-Indonesia outperforms; Vietnam posts second straight fall



By Anusha Ravindranath Oct 3 Most Southeast Asian stock markets rose on Monday, mirroring gains in Asian peers, except Vietnam, which fell for a second straight session after its government cut the gross domestic product growth target for 2016. In Asia, a report that Deutsche Bank was negotiating a much smaller fine with the U.S. Department of Justice pushed shares higher, with MSCI's broadest index of Asia-Pacific shares outside Japan edging up 0.8 percent. Sentiment got a boost after oil prices stabilised on hopes that the OPEC output cut would help re-balance markets. Indonesia... read more

 
3 October 2016 in World News, Views: 35
Source: Reuters
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