SE Asia Stocks: Indonesian, Thai indexes end at record high
File photo shows a Thai investor sitting in front of an electronic board displaying live market data at a stockbroker’s office in central Bangkok. The Thai main SET index marked a new 16-year high on May 2, 2012. – Reuters picBANGKOK, May 2 – Most Southeast Asian stock markets rose today, with benchmark indexes in the Philippines and Indonesia rising to all-time highs, as strong US economic data boosted investor appetite for risky assets, particularly the region’s energy and commodities stocks.
Jakarta’s Composite Index ended at 4,219.3, surpassing its previous record reached on April 3, while the Philippine index finished at 5,228.84.
Thai main SET index marked a new 16-year high, with foreign investors buying shares for a net 628.87 million baht (RM61.91 million) on the day, Thai bourse said.
Malaysia also reported foreign inflows of RM210 million, stock exchange data showed. – Reuters
