Southeast Asian stocks closed higher on Tuesday, in line with Asian peers, as risk appetite improved after an overnight rally on Wall Street and as a new round of monetary easing from Japan raised expectations of more stimulus from global policy makers.
"Markets seem to be bullish about more stimulus coming from Japan," said a Singapore-based analyst who did not want to be named. While Abe did not give details on the size of the package, it is widely expected to reach 10 trillion yen ($97.5 billion).
Indonesia extended gains to a more than 1-year high, driven by financial stocks.
Bank Central Asia and Bank Danamon Tbk gained 1.9 percent each. Bank Mandiri (Persero) Tbk PT finished about 5 percent higher. The Philippine index rose for a third session, with financial stocks accounting for more than half the gains.
Singapore's Straits Times Index gained 0.9 percent, Malaysia was flat, while Vietnam recovered in late trading to close higher.
Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan climbing 0.9 percent to its highest since late April.
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