Most Southeast Asian stock markets ended higher on Wednesday, in line with global peers, after Washington delayed some tariffs on Chinese imports in much-needed relief for financial markets gripped in economic turmoil.
Indonesian shares rebounded from previous session's losses to lead gains in the region, underpinned by banking stocks. Bank Rakyat Indonesia (Persero) and Bank Mandiri (Persero) closed up 1.2% and 1.4%, respectively.
The Philippine index ended at its highest in a week, helped by financial and consumer shares.
Branded food and beverage company Universal Robina Corp closed 4% firmer, while shares in real estate company Ayala Land ended up 3.5%.
Thai shares, which were the biggest gainers for most of the session, ended marginally lower after Kasikornbank PCL slumped to its lowest level in over three years.
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