Stock Market

Indonesia hit a 22-month high on Wednesday as financials and telecoms attracted buying interest because of optimism over the global economy, while Malaysia scaled a similar peak as earnings hopes pushed up Axiata. Indonesia's stock index ended up 0.04 percent at 2,667.27 after a gain of almost 1 percent earlier to its highest since February 2008, led by a 3.1 percent gain in consumer stock Unilever Indonesia.