The region brought in foreign inflows amid positive
sentiment in Asia, including Malaysia's 157.61 million
ringgit($50 million) worth of net foreign buying and Thailand's
419 million baht ($13.13 million), stock exchange data showed.
Jakarta's Composite Index finished up 0.4 percent,
recovering from a combined 1.2 percent loss over the past three
sessions, amid selective buying in recently beaten-down stocks
such as Bank Rakyat Indonesia.
Among underperformers, Bumi Resources dropped 2.1 percent
after a report that Indonesia may revoke the contracts of 17
coal miners that owe royalties to the government, including PT
Arutmin Indonesia, a unit of PT Bumi Resources Tbk.
The Philippine stock market posted a net foreign
inflow of 1.2 billion peso ($27.48 million), mainly from strong
inflows into shares of Philippine Long Distance Telephone
, stock exchange data showed.
The euro was cracking under pressure on Wednesday as
feverish speculation of further policy stimulus in the euro zone
drove bond yields to all-time lows and lifted Asian stocks to
peaks not seen in almost seven years.
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 447.27 444.82 +0.55
Singapore 3341.46 3323.02 +0.55
Kuala Lumpur 1872.38 1861.82 +0.57
Bangkok 1564.58 1560.17 +0.28
Jakarta 5165.25 5146.55 +0.36
Manila 7160.46 7146.35 +0.20
Ho Chi Minh 628.77 629.06 -0.05
Change on year
Market Current End 2013 Pct Move
TR SE Asia Index* 447.27 388.37 +15.17
Singapore 3341.46 3167.43 +5.49
Kuala Lumpur 1872.38 1866.96 +0.29
Bangkok 1564.58 1298.71 +20.47
Jakarta 5165.25 4274.18 +20.85
Manila 7160.46 5889.83 +21.57
Ho Chi Minh 628.77 504.63 +24.60
* The Thomson Reuters South East Asia Index is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam. - Reuters
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