SE Asia Stocks-Largely up; Singapore hits 1-month high



By Anusha Ravindranath Oct 6 Most Southeast Asian stock markets rose on Thursday, reflecting gains in Asian peers, as strong economic data from the United States lifted investor sentiment. Data released on Wednesday showed activity in the U.S. services sector rebounded to an 11-month high in September, following similarly upbeat news from factories on Monday when the Institute of Supply Management reported factory activity shrugged off weakness in August. However, rising optimism about the U.S. economy boosted bets that the Federal Reserve would raise rates in December. MSCI's broadest... read more

 
6 October 2016 in World News, Views: 39
Source: Reuters
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