The Philippine index hit a record close for the second straight session while Indonesian stocks ended at an all-time high on Monday, led by large caps, but trading volume was relatively moderate as investors awaited an aid deal for Greece. The Philippine index closed at 5,579.42, above its record finish of 5,552.34 on Friday with shares in Philippine Long Distance Telephone Co (PLDT), among those actively traded, were up 0.4 percent.
Jakarta's Composite Index produced a fourth straight gain to closed at 4,375.17. Shares in PT Astra International Tbk, a leading motorcycle dealer and a proxy of Indonesia's consumer sector, gained 1.3 percent. Bucking the trend, Malaysia fell for a fourth session, ending down 0.4 percent at 1,607.88, its lowest close since June 18, with telecoms shares among decliners. The Malaysian bourse said foreign investors sold shares worth 137.5 million ringgit ($44.95 million).
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