The Thai and Indonesian stock markets lead other Southeast Asian peers on Tuesday. Central banks from Japan, Britain and France followed the US Federal Reserve in saying said they stood ready to support the global economy. Most Southeast Asian markets pulled back from session highs, but Indonesia and Thailand held on to their gains and ended about 3% higher. Bank Central Asia Tbk PT rose 4% and heavyweight Telekomunikasi Indonesia Tbk PT gained 5.2%. Malaysian equities rose 0.8% after its central bank cut key interest rates to a 10-year low amid a political crisis at home and coronavirus outbreak disrupting exports.

Source: Bangkok Post March 03, 2020 12:11 UTC