In a reversal of Tuesday's action, Philippine stocks (EPHE +0.7%) rise 0.5%, recouping half of...

|By:, SA News Editor

In a reversal of Tuesday's action, Philippine stocks (EPHE +0.7%) rise 0.5%, recouping half of Monday and Tuesday's losses while Malaysian equities (EWM +0.3%) finally cool off after surging ~5% following Sunday's election. Elsewhere in the region, Thai stocks (THD +1.8%) rally 0.8% to a fresh 19-1/2 year high, while regional agribusiness heavyweight Wilmar (WLMIY.PK +2.4%) posts a 23% Y/Y increase in earnings, fueling a 0.9% bump for stocks in Singapore (EWS +0.8%).