South-east Asian stocks on a winning streak

Published Thu, Aug 31, 2017 · 09:50 PM

Singapore

SOUTH-EAST Asia is giving the rest of the Asia-Pacific region a run for its money. North Korea's missile launches, US President Donald Trump's "fire and fury" responses and the possibility of further tightening by the Federal Reserve aren't holding back the equity markets in this part of the world.

The MSCI AC Asean Index has risen for eight consecutive trading sessions, making it the longest winning streak in about five years. The region's benchmark gauge has climbed 16 per cent this year, the most since 2012, beating the MSCI World Index which is up 11 per cent.