The ringgit led a decline in emerging-market currencies as stocks retreated after a selloff in oil stoked concerns about global growth.
It slumped the most in two weeks and South Korea’s won fell for a second day as a gauge of developing-nation shares tracked losses in global equities.
China’s CNOOC Ltd was among the biggest decliners a day after Brent crude weakened for a fifth session to close below US$42 a barrel for the first time since April.
Philippine stocks dropped the most in almost two months.
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It slumped the most in two weeks and South Korea’s won fell for a second day as a gauge of developing-nation shares tracked losses in global equities.
China’s CNOOC Ltd was among the biggest decliners a day after Brent crude weakened for a fifth session to close below US$42 a barrel for the first time since April.
Philippine stocks dropped the most in almost two months.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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