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An overview of world stock markets on Wednesday (16/12/2020)(11:11 AM - 17/12/2020)

Emerging stock markets in Asia gained on Wednesday with Malaysia rising for a second straight session after the 2021 budget got approval in parliament, lifting hopes of a faster recovery for the third-largest economy in Southeast Asia. Massive gains posted by companies at their trading debut in regional stock markets in Asia this year are raising the spectre of a bubble, bankers and brokers said.

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