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Asia Today ISSN 1861-4604 Friday, August 17, 2018

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SE Asia Stocks-Firmer; Indonesia, Malaysia hit record high

The broader Jakarta Composite Index rose 0.7 percent to a record high of 5,034.07

Share on Facebook April 30, 2013, Reporter : Big News Network, Reader : 515

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April 30 - All Southeast Asian stocks gained on Tuesday with Indonesia and Malaysia hitting record highs, on strong quarterly earnings and expectations that the U.S. Federal Reserve and the European Central Bank would continue with growth-supportive monetary stimulus measures; reports Reuters.

The broader Jakarta Composite Index rose 0.7 percent to a record high of 5,034.07, surpassing its previous peak of 5,026.92 hit on April 22. Unilever Indonesia Tbk PT, which jumped 14.1 percent to a five-month high, helped the index gain. 

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