* Thailand hits over 3-week high
* Trading thin in wake of regional holidays
By Ambar Warrick
June 5 (Reuters) - Thailand and Vietnam stock markets rose
on Wednesday tracking broader equities higher after the U.S.
Federal Reserve hinted at an interest rate cut, while regional
holidays prompted languid trade.
U.S. stocks bounced overnight, with Asian shares in tow as
the prospect of an interest rate cut pointed to more capital
flows into high-yield risk assets such as equities. MKTS/GLOB
Thai index .SETI rose about 0.6% to its highest in more
than three weeks, with heavyweight energy stocks leading
broad-based gains. Oil and gas explorer PTT Pcl PTT.BK was the
biggest boost to the benchmark, with the stock rising 1.1%.
Trading volumes in Thailand were at less than a tenth of
their 30-day average.
Vietnam market .VNI rose about 0.5% with real estate
stocks leading gainers. Developer Vingroup JSC VIC.HM rose
about 0.8% and was the biggest boost to the index.
Trading volumes in Vietnam were also well below their 30-day
average.
Markets in Singapore .STI , Indonesia .JKSE , Malaysia
.KLSE and the Philippines .PSI are closed for a public
holiday on Wednesday.
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SOUTHEAST ASIAN STOCK MARKETS AS AT 0331 GMT
Change on the day
Market Current Previous close Pct Move
Bangkok 1648.1 1637.69 0.64
Ho Chi Minh 955.8 951.16 0.49
Change on year
Market Current End 2018 Pct Move
Singapore 3142.37 3068.76 2.40
Bangkok 1648.1 1563.88 5.39
Manila 7945.37 7466.02 6.42
Jakarta 6209.117 6194.498 0.24
Kuala Lumpur 1644.09 1690.58 -2.75
Ho Chi Minh 955.8 892.54 7.09