Seeking Alpha

Southeast Asia moves cautiously higher on debt deal, Philippine stocks jump

  • Not surprisingly, Southeast Asian shares are moderately stronger on the heels of the debt deal in Washington. Regional stocks are higher across the board, although some markets trimmed gains after the midday break.
  • Across the region: Philippines (EPHE) +1.2% as the PSEi hits a four-week high; Indonesia (IDX, IDXJ, EIDO) +0.6%, Singapore (EWS, EWSS), Thailand (THD, TF, TTF) +0.3%, Malaysia (EWM) +0.3%
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