April 2 (Reuters) - Indonesia and Philippine stocks were the worst performing in the Asia-Pacific region in March, when concerns over global trade tensions and rising interest rates gripped markets.
MSCI's broadest index of Asia-Pacific shares .MIAP00000PUS fell for the second consecutive month in March, shedding 2.6 percent.
The Indonesian stock market's .JKSE 6.2 percent fall last month was the biggest since September 2015, while Philippine stocks' .PSI decline of 5.85 percent was the steepest since November 2016.
Pakistan .KSE and Vietnamese stocks .VNI led the region with gains of 5.4 percent and 4.7 percent, respectively.
Vietnamese stocks have risen nearly 20 percent so far this year, making them the most expensive market in Asia with a forward P/E of 20.3.
Asia-Pacific markets performance 2018: https://reut.rs/2pYtxx5
Asia-Pacific markets performance March 2018: https://reut.rs/2JbB18A
Asia-Pacific markets valuations: https://reut.rs/2EcxgfI
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https://reut.rs/2JbB18A Asia-Pacific markets performance 2018
https://reut.rs/2pYtxx5 Asia-Pacific equities valuations
https://reut.rs/2EcxgfI
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