Market Review ASEAN


  • May 2016
    ASEAN equity markets were mixed once again in May as Malaysia, Indonesia, and Singapore delivered negative local currency returns given the dearth of positive news during the month. The Philippines, by contrast, delivered strong performance driven by the election victory of popular candidate Rodrigo Duterte. Thailand also performed well as tourist arrivals remained strong...
  • April 2016
    After recording strong gains in the previous month, ASEAN equity markets were mixed in April 2016. Malaysia and the Philippines both recorded negative returns on concerns related to ongoing political dynamics in these countries. Regional currencies remained mostly unchanged with the exception of the Malaysian ringgit and the Philippine peso...
  • March 2016
    After months of volatility, confidence is returning to Asian stocks with ASEAN markets receiving record equity inflows in March. Regional currencies, particularly the Malaysian ringgit, staged a strong rebound. As global oil prices and the Chinese economy have begun to stabilize, investors hope that the worst might be over.
  • February 2016
    Equity markets started February on a soft note as concerns lingered on China's growth outlook and the global economy. Volatility in the commodity space, especially the crude oil markets, further unsettled financial markets.