Yahoo! Philippines News - Latest Philippines News & International News Headlines: SE Asia Stocks-Philippine at week high; Thai surprise rate cut lifts property

Yahoo! Philippines News - Latest Philippines News & International News Headlines Get the latest Philippines news, top stories & breaking Philippines news headlines from Yahoo! Philippines News. Find latest photos & detailed coverage of business, entertainment, politics, sports, technology & world news

SE Asia Stocks-Philippine at week high; Thai surprise rate cut lifts property Oct 17th 2012, 10:41 BANGKOK, Oct 17 (Reuters) - Philippine stocks finished atthe highest close in more than a week on Wednesday amid buyingin large-caps such as conglomerate SM Investments Corp while Thai stocks ended at over one-week closing high astelecoms rallied after winning 3G bids. After a choppy session, the Philippine index rose 0.7percent to the highest close since Oct. 5 while Bangkok's SETindex gained 1.1 percent to the highest close since Oct.8, led by a 4.6 percent gain in telecoms company Advanced InfoService Pcl. Broad market sentiment lifted after a surprise rate cut fromthe Bank of Thailand. ...

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