SEA survives worst of post-US election sell off in EM

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SEA survives worst of post-US election sell off in EM

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Sisyphus metaphor. Man rolling huge concrete ball up hill. Sisyphean work, task. | Photocreo Bednarek - Fotolia

Last week’s shock US election result caused a rout in emerging markets, with stocks and currencies in southeast Asia among the hardest hit. But unlike in the past, this has not brought equity capital markets activity to a standstill, as share sales in Indonesia, the Philippines and Thailand showed this week. John Loh reports.

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