SE Asia Stocks - Rise with globals; stimulus lifts Thai stocks, Indonesia

miércoles 9 de septiembre de 2015 07:36 GYT

BANGKOK, Sept 9 (Reuters) - Southeast Asian stock markets
rose on Wednesday amid rallying global markets, with Thai
benchmark hitting a more than three-week high on optimism about
government measures, while stocks in Indonesia eked out more
gains ahead of stimulus package.
    Thai SET index was up 1.2 percent at 1,396.29, the
highest close since Aug. 17.
    Krung Thai Bank and Kasikornbank were
among most actively traded on the back of a new round of
economic measures to help small businesses, including soft loans
and tax cuts. 
    Jakarta composite index was up 0.7 percent at
4,347.28, adding on the 0.4 percent rise of the day before.
    Indonesia unveiled after market close measures aimed at
luring more investment and supporting a currency that has
weakened to 17-year lows.  
    Singapore's key index ended at the highest close in
almost two weeks and Malaysia touched a more than
one-week high.
    Vietnam finished at a three-week closing high and the
Philippine index rebounded 0.7 percent from a near
two-week closing low in the previous session.
    Global shares rose on Wednesday, led by an 8 percent surge
in Japanese stocks, helping lift the dollar as the prospect of
more stimulus from China soothed investors rattled by recent
market turmoil. 
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 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          2928.18       2885.32       +1.49
 Kuala Lumpur       1603.36       1587.12       +1.02
 Bangkok            1396.29       1379.32       +1.23
 Jakarta            4347.28       4318.59       +0.66
 Manila             6942.47       6891.30       +0.74
 Ho Chi Minh         572.34        566.72       +0.99
 Change on year
 Market             Current       End 2014    Pct Move
 Singapore          2928.18       3365.15      -12.99
 Kuala Lumpur       1603.36       1761.25       -8.96
 Bangkok            1396.29       1497.67       -6.77
 Jakarta            4347.28       5226.95      -16.83
 Manila             6942.47       7230.57       -3.98
 Ho Chi Minh         572.34        545.63       +4.90
 (Reporting by Viparat Jantraprap; Editing by Anand Basu)