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Stocks

Investors shrug off terror attacks in Southeast Asia, for now

Security threat could weigh on regional economies

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The father of Indonesian policeman Imam Gilang Adinata, a victim of a bomb blast at Jakarta's Kampung Melayu bus station, prays at his son's coffin.   © Reuters

MANILA/JAKARTA -- Investors in Asia have shrugged off terror attacks in Indonesia and the Philippines this week, but authorities are struggling to prevent further attacks and protect soft targets.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1% on Thursday, and the Philippine Stock Exchange index closed 0.43% higher -- extending its gains for the fifth consecutive day. Indonesia was closed for a public holiday.

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