12 Jun SE Asia Stocks-Philippine index slides over 2 pct; Fed decision awaited
* Most lower ahead of Fed policy decision
* Singapore hits 2-month low
* Vietnam up
* Singapore hits 2-month low
* Vietnam up
By Nicole Pinto
June 13 (Reuters) – Most Southeast Asian stock markets fell
on Wednesday ahead of the U.S. Federal Reserve’s policy
decision, with Philippines losing over 2 percent and Singapore
hitting a two-month low.
Later in the day, the Federal Reserve is expected to hike
its interest rates for the second time this year after a move in
March, but the bigger question for investors is
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