Wednesday, December 21, 2016

SE Asia Stocks-Philippines hits over 10-mth low ahead of cenbank meeting

By Anusha Ravindranath

Dec 22 (Reuters) - Southeast Asian stock markets were

subdued on Thursday, tracking Asian peers, with the Philippines

hitting its lowest in more than 10 months as investors switched

to a risk-off mode ahead of a key central bank meeting.

The Philippine central bank is widely expected to keep its

benchmark interest rate on hold on Thursday. All 13 economists

polled by Reuters said they expect no change in the central

bank's key overnight borrowing rate while some of

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