SE Asian stocks flat to lower



Southeast Asian stock markets were flat to lower on Tuesday, in line with broader Asian peers. 


Philippine shares snapped three sessions of losses ahead of a key visit to Japan by President Rodrigo Duterte.

The Philippine index was up marginally, after earlier rising 0.2 per cent. Gains in financials and consumer cyclical stocks were offset by losses in utilities and consumer non-cyclicals.

Metropolitan Bank and Trust Co and BDO Unibank Inc were the top gainers on the index, rising as much as 2.2 per cent.

Aboitiz Equity Ventures Inc was the biggest loser, falling as much as 2.3 per cent.

Vietnam shares extended losses for a fourth straight session, falling as much as 1.1 per cent to their lowest in two weeks, dragged down by financials and energy stocks.

Malaysia was down 0.1 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan was flat, according to a news agency report.



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