Monday, 8 October 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: SE Asia Stocks-Most retreat amid global concerns; Jakarta off record

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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SE Asia Stocks-Most retreat amid global concerns; Jakarta off record
Oct 8th 2012, 10:00

BANGKOK, Oct 8 (Reuters) - Southeast Asian stocks mostlyretreated on Monday amid concerns over the global economicoutlook, with Indonesia coming off an intraday record on sellingin recent gainers such as Astra International whileproperty shares led Singapore lower. Jakarta's Composite Index fell 1 percent, erasingearly gains that pushed the main index to an intraday recordhigh of 4,324.79. Indonesia's biggest listed company by market capitalisationAstra International lost 2.4 percent after a 5.8 percent surgeon Friday when the main index closed at a high of 4,311.31. ...

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