东南亚指数双周报第10期：东盟股市普涨，越南大幅回调-20251028

Market Performance - Southeast Asia ETF rose by 4.74%, with Indonesia outperforming by 0.98 percentage points[2] - Vietnam was the only market to decline, with a drop of 2.62% in the Global X MSCI Vietnam ETF, underperforming by 7.36 percentage points[3] - The Southeast Asia ETF underperformed China but outperformed the U.S., Japan, India, Africa, the U.K., and Latin America[2] Country-Specific Insights - iShares MSCI Indonesia ETF increased by 5.72%, supported by resilient fundamentals and a shift towards proactive economic stimulus[3] - iShares MSCI Singapore ETF rose slightly by 0.11%, underperforming by 4.63 percentage points, with plans for new measures to support listed companies[3] - iShares MSCI Thailand ETF gained 4.84%, bolstered by government policy initiatives and a THB 1.56 trillion investment budget for FY2026[3] - iShares MSCI Malaysia ETF increased by 1.42%, while the market experienced slight fluctuations due to local investment announcements from Microsoft and Google[3] - The sharp correction in Vietnam's stock market was attributed to bond market risks and profit-taking pressures[3] Trading Volume and Liquidity - Global X FTSE Southeast Asia ETF had a trading volume of 276,000 shares, reflecting a 3.1% increase[16] - iShares MSCI Indonesia ETF saw a trading volume of 9.36 million shares, up by 22.2%[17] - iShares MSCI Thailand ETF's trading volume decreased by 17.8%, indicating a decline in market activity[16]