Business

SE Asia Stocks: Most higher, Philippine at record high

April 26, 2012

BANGKOK, April 26 – Southeast Asian stock markets ended mostly higher today, with Philippine shares climbing to fresh all-time highs and Thai stocks hitting their highest in more than three weeks on optimism fuelled by the US Federal Reserve’s commitment to support growth.

Fund flows appeared favourable, with the Philippines posting US$16.5 million worth of foreign buying, Thomson Reuters data showed. Malaysian bourse said foreign investors bought shares for RM138.70 million.

Vietnamese stocks bucked the regional trend to fall 0.56 per cent after two sessions of gains. – Reuters

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