KM Financial Solutions | SE Asia Stocks-Upbeat; Indonesia hits record high
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SE Asia Stocks-Upbeat; Indonesia hits record high

SE Asia Stocks-Upbeat; Indonesia hits record high

By Chandini Monnappa
Dec 27 (Reuters) – Southeast Asian stock markets rose on
Wednesday, in line with broader Asia on the back of a rally in
oil and metals prices, with Indonesia scaling an all-time high.
The Jakarta SE Composite Index rose as much as 0.6
percent to 6,257.748 on the first day of trading after a
four-day holiday break.
Financials led the rise after Japan’s Mitsubishi UFJ
Financial Group (MUFG) said on Tuesday it agreed to buy
a majority stake in Bank Danamon Indon

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