The global slowdown is a structural, long-term problem and we should expect such worries to interrupt market sentiment from time to time. Funds will probably buy back and we expect stock prices to rebound this month.
The Thai market took in $150 million in inflows on Thursday after $1.4 billion in outflows in August, stock exchange data showed. Philippine stocks edged up 0.4 percent, adding on a 1 percent rise on Wednesday. Outperforming Vietnam rose for a six straight day, climbing 2.5 percent as investors cheered the central bank's removal of loan-to-deposit ratio as helped banks get more funds for lending, boosting credit growth from now to year end. Malaysia will reopen on Friday, Indonesia on Monday. '+'
