SE Asia Stocks-Indonesia hits 1-1/2-year high; Thailand up over 1 pct



By Anusha Ravindranath Oct 4 Southeast Asian stock markets closed higher on Tuesday with Indonesia surging to its highest in nearly one-and-a-half year, while Thai shares rose more than 1 percent to hit a near four-week high. The Jakarta Composite Index climbed for a second straight session, boosted by gains in energy and consumer stocks. "Recent developments on the domestic side have been very positive, given that we have had an encouraging tax amnesty progress and strong capital inflows," said Taye Shim, an analyst with Jakarta-based Daewoo Securities. A report from the Strait... read more

 
4 October 2016 in World News, Views: 27
Source: Reuters
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