KM Financial Solutions | SE Asia Stocks-Philippines, Indonesia rise 2 pct
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SE Asia Stocks-Philippines, Indonesia rise 2 pct

SE Asia Stocks-Philippines, Indonesia rise 2 pct

* Philippines posts biggest intraday gain in over 7 wks
* Indonesian index of 45 most liquid stocks up 2.3 pct
* Thailand snaps six sessions of losses

By Karthika Suresh Namboothiri
May 11 (Reuters) – Southeast Asian stock markets, except
Vietnam, rose on Friday, with Philippines and Indonesia climbing
2 percent each as sentiment was buoyed after a softer U.S.
inflation print hinted at fewer rate hikes by the Federal
Reserve this year.
The slower-than-expected April cons

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