A bull statue stands in front of an electronic board displaying stock prices at the lobby of the Indonesia Stock Exchange in Jakarta. South-East Asian markets extended multi-day rallies on Tuesday on optimism over an economic rebound from the Covid-19 crisis. - Bloomberg
This week began with the re-opening of several regional economies after weeks-long lockdowns to curb the spread of the virus were eased. "The focus had instead been on catching this reopening optimism train with confirmation bias potentially being at works," said Jingyi Pan, a market strategist at IG.
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