- The JCI's Tuesday respite proves fleeting as Indonesian stocks (IDX, EIDO) fall 2.2% in Jakarta, more than erasing yesterday's gains.
- Two factors likely weighed on regional shares. First, news that some key members of Congress will support President Obama's call for military action in Syria makes a strike look more likely. Second, Morgan Stanley has downgraded its 2013/2014 outlook for ASEAN-4 GDP growth to 4.5-4.6% from 4.8-5.3% citing, among other factors, "a more clouded outlook."
- Across the region: Straits Times (EWS, EWSS) -1.3%, SET (THD, TTF, TF) -0.9%, PSEi (EPHE) -1.9%, KLCI (EWM) -0.4%
Southeast Asia slides on Morgan Stanley ASEAN-4 downgrade, Syria concerns
Sep 4 2013, 09:05 ET