SE Asia Stocks SE Asia stocks rise with Asia; Singapore leads gain at near 2-month high

• SE Asia Stocks
  

SE Asia stocks rise with Asia; Singapore leads gain at near 2-month high

By Reuters / Reuters   | October 12, 2015 : 7:10 PM MYT

BANGKOK (Oct 12): Southeast Asian stock markets rose on Monday amid strength in Asian markets, with Singapore's key stock index touching a near two-month high as investors braced for the central bank's possible monetary policy easing this week.
The Monetary Authority of Singapore (MAS) is expected to ease monetary policy on Wednesday to support an economy that may have slipped into a recession in the third quarter for the first time since the global financial crisis.
Singapore's key Straits Times Index ended the day higher 1.1% at 3,032.11, the highest since Aug 19, in strong trading volume which was 1.6 times the full-day average over past 30 days.
The Jakarta composite index advanced for a sixth session, up 0.9% at a more than two-month high, while Vietnam extended gains to a near two-month high.
Stocks in Malaysia, Thailand and the Philippines all rose further after a strong run last week as foreign investors continued buying, stock exchange data showed.
Shares got off to a strong start to the week in Asia and Europe on Monday while the dollar dipped towards three-week lows, with investors unconvinced the US Federal Reserve would raise interest rates later this year.
SOUTHEAST ASIAN STOCK MARKETS

Change on day
Market	Current	Prev Close	% Move
Singapore	3032.11	2998.50	+1.12
Kuala Lumpur	1709.86	1706.54	+0.19
Bangkok	1412.49	1411.33	+0.08
Jakarta	4630.71	4589.34	+0.90
Manila	7150.29	7138.91	+0.16
Ho Chi Minh	592.10	588.02	+0.69

 

Change on year
Market	Current	End 2014	% Move
Singapore	3032.11	3365.15	-9.90
Kuala Lumpur	1709.86	1761.25	-2.92
Bangkok	1412.49	1497.67	-5.69
Jakarta	4630.71	5226.95	-11.41
Manila	7150.29	7230.57	-1.11
Ho Chi Minh	592.10	545.63	+8.52