Southeast Asian stock markets ended mostly higher along with stronger global markets on Thursday, with Malaysia hitting a one-week high as domestic institutions led among buyers while the Thai index got a lift by PTTEP's share offering details. Malaysia's main index ended up 0.5 percent, at its highest close since September 19, with domestic institutions buying shares for $8.40 million and foreign investors purchasing $3.56 million, stock exchange data showed.
Bangkok's SET index rose 0.9 percent, helped by a 2.9 percent gain for PTT Exploration and Production Pcl after the energy explorer adjusted terms of its $3.1 billion share offer, easing concerns about potential dilution. Late buying helped PTTEP shares close at 161.5 baht, the highest close since July 20. Buying in commodities and resource stocks was seen across most markets along with strong oil prices. In Singapore, commodities firm Golden Agri-Resources Ltd was among those actively traded, climbing 2.3 percent, and leading the Straits Times Index to close up 0.4 percent.