KM Financial Solutions | SE Asia Stocks-Most rise; Philippines surges to record
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SE Asia Stocks-Most rise; Philippines surges to record

SE Asia Stocks-Most rise; Philippines surges to record

By Aditya Soni
Jan 3 (Reuters) – Most Southeast Asian stock markets rose on
Wednesday, tracking gains across Asia, with the Philippines
rising more than 1 percent to a fresh record on its first
trading day of the year.
A bevy of strong manufacturing data that underscored an
upturn in world economic growth boosted risk appetite, lifting
broader Asian stocks to a fresh decade high.
MSCI’s index of Asia-Pacific shares outside Japan
edged up 0.1 percent, having jumped 1.4 percent
o

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