SE Asian stocks rise with Asian peers

Most Southeast Asian stock markets rose on Tuesday, tracking broader Asian peers, with the Philippine index climbing more than 1.0 per cent on foreign investor purchases.

Asia shares ex-Japan approached record highs again, while overnight the S&P 500 extended its winning streak for 2018.

Japanese markets, which were closed on Monday for a national holiday, were up, with the Nikkei share average hitting a 26-year high, reports Reuters.

Philippine shares rose as much as 1.2 per cent, backed by gains in consumer cyclicals and industrials.

Index heavyweight SM Investments Corp climbed 3.7 per cent, while International Container Terminal Services Inc rose 2.5 per cent.

Singapore added 0.5 per cent, its highest since April 2015, on broad-based gains.

Thai Beverage PCL gained 1.1 per cent, while Jardine Matheson Holdings Ltd was up 2.2 per cent.

Thai shares rose as much as 0.3 per cent, with materials and financials pushing the index higher, before paring gains. PTT Global Chemical PCL rose 2.2 per cent, while Krung Thai Bank PCL gained 0.5 per cent.

Indonesia fell marginally, snapping three straight sessions of gains. An index of the country's 45 most liquid stocks fell 0.3 per cent.

Telecom stocks dragged the main index down, with Telekomunikasi Indonesia Tbk down 1.2 per cent.

Vietnam climbed as much as 1.0 per cent, its highest since November 2007, while Malaysia fell 0.1 per cent.