Wednesday, September 21, 2016

SE Asia Stocks-Rise after Fed stands pat

By Suhail Hassan Bhat

Sept 22 (Reuters) - Southeast Asian stocks rose on Thursday,

reflecting gains in Asian peers, with financials leading the

rise after the Federal Reserve kept U.S. interest rates

unchanged and projected a less aggressive path for rate hikes in

the coming years.

MSCI's broadest index of Asia-Pacific shares outside Japan

extended gains to 1.3 percent in its sixth

straight session of increases.

"No rate hike by the Fed coupled with monetary easing signal

by the Ba

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