SE Asia Stocks-Indonesia hits more than 1-year closing high

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By Rushil Dutta July 20 (Reuters) – Most Southeast Asian stocks closed higher on Wednesday, with Indonesia climbing to a near 14-month high, extending the rally into a fourth session on continued investor risk appetite. Indonesia’s main index closed up 1.4 percent to its highest close since May 27, 2015, led by consumer staples and financials. The broader risk-on sentiment still remains intact, said Taye Shim, analyst, Jakarta-based Daewoo Securities. “However, we see near-term c


Reuters: Financial Services and Real Estate