Southeast Asian markets: Singapore leads regional losses

Singapore shares fell to a near one-month low while most other Southeast Asian stocks also ended lower on Wednesday as flagging global economic growth triggered selling in bluechip stocks, including Keppel Corp and Bank Rakyat. Singapore's Straits Times Index, which traded in the negative territory through the day, finished down 1.1 percent at the lowest close since September 13. Oil rig builder Keppel Corp led among battered large-cap stocks, sliding 1.4 percent.
Thai benchmark SET index ended down 0.2 percent, erasing earlier gains. Jakarta's Composite Index were nearly unchanged at the close, after falling almost 1 percent earlier in the day. Malaysian shares eased 0.24 percent to the lowest close in one week, with foreign investors selling shares worth 70 million ringgit ($22.80 million) while local institutions led net buyers, stock exchange data showed.