Tuesday, 18 September 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: STOCKS NEWS ASEAN-QE3 boosts fund flows

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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STOCKS NEWS ASEAN-QE3 boosts fund flows
Sep 18th 2012, 07:46

Southeast Asian stock markets posted positive foreigninflows in the week ended Sept. 14 amid a flurry of foreignbuying activity after the launch of QE3 by the U.S. FederalReserve late in the week. Indonesia received a weekly inflow of $222 million,the biggest since late March, while Thailand got $65.9million, according to Thomson Reuters and stock exchange data. The Philippines absorbed $47.8 million of inflow forthe week and Vietnam reported a weekly inflow of $5million. The Malaysian bourse said it gained around $15.3million of foreign inflows during the period. ...

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