Thai stocks rose for a sixth session on Tuesday, while Vietnam's shares ended four days of falls, joining global equities in gains on hopes of a US budget deal, with investors buying shares in Thai banks ahead of the reporting season. Bangkok's SET index ended up 0.9 percent at 1,472.90, its highest close in more than three weeks, pushing the benchmark close to a key 1,500 mark last hit in late July.
Shares of large-cap banks outperformed, including Krung Thai Bank Pcl, Kasikornbank Pcl, Siam Commercial Bank Pcl and Bangkok Bank Pcl. They are due to report their July-September earnings from this week to October 22. Vietnam's benchmark VN Index inched up 0.4 percent, but investors were still cautious, awaiting third-quarter earnings expected next week. Stock exchanges in Singapore, Malaysia, Indonesia and the Philippines are shut for a market holiday and will re-open on Wednesday.
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