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Asia300

Singapore, Malaysia stocks post weekly gains as Macron's win spurs risk appetite

SINGAPORE (Nikkei Markets) - Stocks in Singapore and Malaysia posted weekly gains as Emmanuel Macron's French presidential election win allayed concerns over France's future with the European Union, boosting investors' risk appetite.

The victory by Macron against his far-right, anti-EU rival Marine Le Pen was seen by investors as lending stability to the common bloc. The Nikkei Asia300 index rose over 1.5% this week.

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