Southeast Asia's Growing Exchanges

Southeast Asia’s financial markets have been booming. Many of the region’s exchanges have hit multiyear highs recently with several benchmarks hitting double digit year over year returns. Indonesia was even given investment grade status which is opening up the country to a lot of capital inflows. The Philippines are reported to be the latest country to possible get an investment grade status upgrade in the next year. As the region continues to grow and become a safer place to invest among funds and investors, more countries will be trying to improve their financial markets.

Cambodia is the latest country to open an exchange. They had their first IPO that began trading at 9:09AM as it seems that 9 is a lucky number there. As Cambodia grows, they hope their exchange grows as well as the other countries in the region. Southeast Asia has easily been outperforming China in the past year. The main reasoning behind this is the fact that many of these countries grow domestically. They aren’t as export oriented as China. This gives them true growth and not one so reliant on the rest of the world.