Asian EM stocks up strongly despite declines in US, Europe futures
Gains led by Philippines, India, Indonesia
Asian emerging markets are up strongly Tuesday despite declines in Europe and in US stock futures, led by Philippines (+1.4%).
H-Shares in Hong Kong are up 0.4% led by automotive and infrastructure companies.
India’s SENSEX index was up 1%, Indonesia up 0.8%, and Thailand up 0.25%. KOSPI was down 0.3% and Taiwan down by 0.37%.