SE Asia Stocks-Moderately higher; Moody's lifts Thai sentiment | Reuters
SE Asia Stocks-Moderately higher; Moody's lifts Thai sentiment | Reuters
BANGKOK, Oct 28 (Reuters) - Most Southeast Asian stock
markets eked out slim gains on Thursday as investors
selectively built up positions for the reporting season, and
demand for resource shares picked up because of stronger
commodity prices.
But share markets were below the highs set early this month
and risk appetite was fairly low ahead of a U.S. Federal
Reserve meeting next week that is expected to provide clues on
the scale of asset purchases in the next round of quantitative
easing (QE).
Across Asia, financial markets have been volatile this week
as speculation intensifies over how much the Federal Reserve is
likely to spend to pump up a faltering recovery and whether the
new measures will be carried out swiftly or phased in over
time.
BANGKOK, Oct 28 (Reuters) - Most Southeast Asian stock
markets eked out slim gains on Thursday as investors
selectively built up positions for the reporting season, and
demand for resource shares picked up because of stronger
commodity prices.
But share markets were below the highs set early this month
and risk appetite was fairly low ahead of a U.S. Federal
Reserve meeting next week that is expected to provide clues on
the scale of asset purchases in the next round of quantitative
easing (QE).
Across Asia, financial markets have been volatile this week
as speculation intensifies over how much the Federal Reserve is
likely to spend to pump up a faltering recovery and whether the
new measures will be carried out swiftly or phased in over
time.
