19 Nov SE Asia Stocks-Thailand climbs as growth picks up; Indonesia hits record
By Sumeet Gaikwad
Nov 20 (Reuters) – Thai shares rose on Monday after data
showed the economy grew at its fastest pace in 4-1/2 years in
the third quarter, while Indonesia hit a record high and the
Philippines firmed as investors sought bargains after
third-quarter earnings.
Thailand’s economy expanded at a better-than-expected 4.3
percent rate in the third quarter, indicating monetary policy
will likely remain loose to support still-sluggish domestic
demand.
The Thai index rose
Nov 20 (Reuters) – Thai shares rose on Monday after data
showed the economy grew at its fastest pace in 4-1/2 years in
the third quarter, while Indonesia hit a record high and the
Philippines firmed as investors sought bargains after
third-quarter earnings.
Thailand’s economy expanded at a better-than-expected 4.3
percent rate in the third quarter, indicating monetary policy
will likely remain loose to support still-sluggish domestic
demand.
The Thai index rose
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