INSUBCONTINENT EXCLUSIVE:
months to boost growth and mitigate trade-related risks
Major state banks also lowered deposit rates to ease pressure from shrinking interest margins
Additionally, rising oil prices and positive market reactions to potential US trade developments and easing tariff concerns
Rally in financial and energy sector stocks also supported the local indices
Hang Seng advanced in the session mirroring positive international cues
from rising US tariffs.Hang Seng buoyed by 125.65 points 0.53% to 23,807.13, KOSPI Index increased by 25.71 points or 0.99% to 2,627.51,
Taiwan Weighted lifted by 229.31 points or 1.07% to 21,755.34, Jakarta Composite up by 52.87 points or 0.75% to 7,147.47, Shanghai Composite
13.23 points 0.34% to 3,869.27, and FTSE Bursa Malaysia KLCI lower 4.08 points or 0.26% to 1,544.79.
