Thai shares rose to their highest in more than one week on Thursday after anti-government protest leader Suthep Thaugsuban said he was willing to appear in a live TV debate with Prime Minister Yingluck Shinawatra. The key SET index closed up 1.03 percent at 1,318.05, the highest since February 19. Outperformers included dividend-yielding banking shares such as Bank of Ayudhya and Siam Commercial Bank.
Jakarta's Composite Index rose almost 1 percent after three sessions of falls. Shares of state-owned tin miner PT Timah surged 8 percent, following a move from Indonesia Commodity and Derivatives Exchange (ICDX) that suggested an opening bid benchmark for tin prices.
Other markets in Southeast Asia posted limited gains ahead of the US Federal Reserve chairman's testimony on the Fed monetary policy plan. Stocks in Singapore inched up 0.3 percent, their first in three sessions, Malaysia rose 0.5 percent after Wednesday's fall to a more than one-week low, while the Philippines was up 0.5 percent at a near 4-month high. Vietnam fell 0.85 percent as investors selling for profit eroded the strength of buying demand, but analysts expected the index to bounce back soon.
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