Most Southeast Asian bourses climb

11 Jul, 2012

Most Southeast Asian stock markets climbed in light volume on Tuesday, with Singapore and Thai stocks advancing more than 1 percent as concerns about eurozone debt problems eased following a bailout for beleaguered Spanish banks.
Singapore's Straits Times Index finished up 1.2 percent, regaining some lost ground from Monday. The Thai SET index ended up 1.5 percent, rebounding from the previous two sessions.
Malaysia's main index and Jakarta's Composite Index posted modest gains of 0.3 percent and 0.6 percent, respectively. The Philippine index fell 0.5 percent while the Vietnam stock market was down 0.7 percent.
Trading volume in the region was relatively low following fresh data from China that pointed to flagging domestic demand in the world's No 2 economy. Imports into China rose 6.3 percent in June from a year ago, less than half the projected increase in a Reuters poll.

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