Indonesia soars, Thailand extends rally, all regional markets higher

|By:, SA News Editor

Indonesian stocks (IDX, EIDO, IDXJ) log their biggest gains in nearly two years, rising 4% in Jakarta, a welcome follow-up to Monday's rally for a market that has suffered mightily of late on Fed taper fears and currency woes.

Elsewhere, Thai shares (THD, TTF, TF) add to Monday's outsized gains, rising 0.6% in Bangkok. The SET is sitting at its highest levels since August 19.

Other regional action: KLCI (EWM) +1%, Straits Times (EWS, EWSS+1.2%, PSEi (EPHE) +1.55%, VNIndex (VNM) +0.93%