Investors shrug off terror attacks in Southeast Asia, for now
Investors in Asia have shrugged off terror attacks in Indonesia and the Philippines this week, but authorities are struggling to prevent further attacks and protect soft targets. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1% on Thursday, and the Philippine Stock Exchange index closed 0.43% higher — extending its gains for the fifth consecutive day. Indonesia was closed for a public holiday.
