KM Financial Solutions | SE Asia Stocks-Set for steep quarterly losses; Malaysia rallies from 1-1/2-yr low
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SE Asia Stocks-Set for steep quarterly losses; Malaysia rallies from 1-1/2-yr low

SE Asia Stocks-Set for steep quarterly losses; Malaysia rallies from 1-1/2-yr low

* Malaysia posts biggest pct gain in over 2-1/2 years
* Malaysian power utility Tenaga Nasional surges on tariff
move
* Indonesian stocks gain ahead of cbank rate decision

By Ambar Warrick
June 29 (Reuters) – Malaysian shares bounced back on Friday
from their lowest close in one-and-a-half years, on strong gains
in power utility Tenaga Nasional, the index’s third largest
stock, while most other Southeast Asian stock markets firmed in
the final trading session of the quarter.

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