Stocks in Indonesia hit a near four-week high on Monday, driven by conglomerate Barito Pacific-related firms after index provider MSCI removed them from a watch list, while Singapore's benchmark touched an all-time high for a ninth straight session.
Jakarta's equity benchmark index gained for the sixth consecutive session to touch its highest since June 18. Barito Pacific jumped 16% after MSCI said the conglomerate's associate companies - Barito Renewables, Petrindo Kreasi Jaya and Petrosea - would be eligible for future inclusions to its list.
