SE Asia Stocks-Mostly up; Philippines underperforms after rally

April 15, 2015 12:07 PM

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April 15 (Reuters) - Most Southeast Asian stock markets edged up on Wednesday, but Philippine shares closed at their lowest level in over two weeks on foreign selling as investors offloaded some risky assets after growth in China slowed to a six-year low in the first quarter.

The Philippine stock index, which had gained 1.7 percent last week to an all-time peak of 8,134.38, fell 1.9 percent to its lowest close since March 30. Manila bourse saw net foreign outflow of $33.35 million, stock exchange data showed. "We went up a lot so quickly, so we are prone to a sell-off. W...

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