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Southeast Asian markets rise in Yellen rally

Nov. 14, 2013 9:52 AM ETEWS, TTF, TF-OLD, THD, IDX, EIDO, EPHE, EWSS, IDXJBy: Colin Lokey, SA News Editor
  • Dovish commentary from Janet Yellen gives Southeast Asian markets a boost, as investors likely believe the continuation of ultra accommodative Fed policy will stem and/or prevent emerging market capital outflows.
  • Across the region: SET (THD, TTF, TF+0.8%, JCI (IDX, IDXJ, EIDO) +1.5%, Straits Times (EWS, EWSS) +0.8%.
  • Not participating in the rally are Philippine shares (EPHE), which are up just 0.1% as the country continues to reel from damage inflicted by Typhoon Haiyan.

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