Southeast Asian stock markets ended on a cautious note on Wednesday, with the Stock Exchange of Thailand gaining but Philippine shares extending losses to a sixth straight session. "South Asia market risk is an entirely different kettle of fish, and 'when in doubt, stay out', as there are few clear-cut risk decisions on the back of the looming China tariffs...," Stephen Innes, Head of Trading APAC, OANDA, said in a research note. The SET index earned 6.97 points or 0.42% to close at 1,679.39, in turnover worth 59 billion baht. Singapore shares reversed course to end 0.6% higher, with lender Oversea-Chinese Banking Corp climbing nearly 1% and shipbuilder Keppel Corp gaining 2.2%. "Market concerns about US-Sino trade tensions could have contributed to dampened domestic consumer sentiments," OCBC Bank said in a note.

Source: Bangkok Post September 12, 2018 10:52 UTC