SE Asia Stocks-Most up; Singapore, Thailand hit 1-month peak



By Anusha Ravindranath Oct 6 Most Southeast Asian stock markets rose on Thursday, following stronger Asian peers, as sentiment was upbeat on encouraging economic data from the United States. Data released on Wednesday showed that activity in the world's largest economy's services sector boomed to an 11-month high in September. However, growing optimism about the U.S. economy raised bets that the Federal Reserve might hike rates in December. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent. Singapore shares climbed to their highest in a month, aided by gains in... read more

 
6 October 2016 in World News, Views: 37
Source: Reuters
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