Wednesday, May 18, 2016

SE Asia Stocks-Flat after U.S. Fed renews prospects of early rate hike

By Anusha Ravindranath

May 18 (Reuters) - Most Southeast Asian stock markets traded

flat-to-slightly lower on Wednesday in line with the small drop

in broader Asian shares, after U.S. Fed officials flagged

prospects of a rate hike as early as June.

Asian markets were lower, with MSCI's broadest index of

Asia-Pacific shares outside Japan falling 0.5

percent in early trade.

Singapore's Straits Times Index were down 0.4 percent

at 0438 GMT, recovering partly from a 0.78 percent fall e

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