SE Asia Stocks-Mixed; Indonesia, Thailand weaker as US shutdown weighs

Mon Oct 7, 2013 6:30am EDT

Related Topics

Oct 7 (Reuters) - Thailand and Indonesia ended weaker on
Monday, while other Southeast Asian markets ended mixed as
investors stayed away, preferring a 'wait and see' approach due
to the lingering U.S. budget standoff. 
    Signs of growing intransigence among U.S. lawmakers in
crucial budget and debt ceiling talks hit investor sentiment
    Thailand's main stock index lost 0.9 percent led by
energy shares with PTT Exploration and Production PCL 
falling 1.8 percent, while Singapore's Straits Times index
 closed 0.05 percent down at a near four-week low. 
    Indonesia's Jakarta Composite Index finished 0.3 percent
down to a near one-week low, after the World Bank revised down
its GDP growth forecast for the largest economy in Southeast
    Analysts said the U.S. budget impasse has hit sentiment and
appetite for the region's risky assets. 
    Bucking the trend, Philippines shares ended 0.8
percent firmer to its highest close since Sept. 24, while
Vietnam's benchmark VN Index ended 0.6 percent up to its
highest closing level in nearly seven weeks. 
    For Asian Companies click;  
For South East Asia Hot Stock reports, click;

 Change on day
 Market             Current     Prev Close    Pct Move
 TR SE Asia Index*   407.24        409.19       -0.48
 Singapore          3136.59       3138.08       -0.05
 Kuala Lumpur       1776.82       1776.56       +0.01
 Bangkok            1414.62       1427.72       -0.92
 Jakarta            4374.96       4389.35       -0.33
 Manila             6443.21       6390.48       +0.83
 Ho Chi Minh         500.47        497.50       +0.60
 Change on year
 Market             Current     End prev yr    Pct Move
 TR SE Asia Index*   407.24        424.10       -3.98
 Singapore          3136.59       3167.08       -0.96
 Kuala Lumpur       1776.82       1688.95       +5.20
 Bangkok            1414.62       1391.93       +1.63
 Jakarta            4374.96       4316.69       +1.35
 Manila             6443.21       5812.73      +10.85
 Ho Chi Minh         500.47        413.73      +20.97
* The Thomson Reuters South East Asia Index is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.