BANGKOK, Feb 8 Southeast Asian stock markets
closed mostly flat-to-slightly higher on Friday, with selective
buying in mid-caps such as Genting Singapore Plc and
Malaysia's IHH Healthcare Bhd lifting sharemarkets in
Singapore and Malaysia.
Trading volume fell across the region ahead of Lunar New
Year holidays in Asia, with Singapore and Malaysia both shut on
Monday and Tuesday while Vietnam is closed Feb. 11-15.
Investors sold rallying markets such as the Philippines and
Indonesia, pulling them off all-time highs. Recent gainers such
as Manila Water Co. Inc fell for a second session, down
1.3 percent, after hitting a record close on Wednesday.
The Philippine Composite Index ended nearly flat at
6,458.67, climbing at one point to an intraday high of 6,489.90.
It is still up 2.2 percent on the week, among the region's
Jakarta's Composite Index ended down 0.26 percent at
4,491.27, after having closed at a record high of 4,503.15 in
the previous session. JP Morgan upgraded Indonesia to
'overweight', joining Thailand and the Philippines which are
also on its 'overweight' list.
Bangkok's SET index closed down 0.17 percent on the
day. It ended the week 0.13 percent lower after a 3-week gaining
streak. Large-cap counters such as PTT Pcl and Siam
Commercial Bank Pcl underperformed the broader market.
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SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 439.05 438.29 +0.17
Singapore 3270.30 3261.77 +0.26
Kuala Lumpur 1623.80 1619.57 +0.26
Bangkok 1497.30 1499.81 -0.17
Jakarta 4491.27 4503.15 -0.26
Manila 6458.67 6459.99 -0.02
Ho Chi Minh 494.03 490.62 +0.70
Change on year
Market Current End prev yr Pct Move
TR SE Asia Index* 439.05 424.10 +3.53
Singapore 3270.30 3167.08 +3.26
Kuala Lumpur 1623.80 1688.95 -3.86
Bangkok 1497.30 1391.93 +7.57
Jakarta 4491.27 4316.69 +4.04
Manila 6458.67 5812.73 +11.11
Ho Chi Minh 494.03 413.73 +19.41
* The Thomson Reuters South East Asia Index is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam.
Stock Market Volume (shares)
Market Current Volume Average Volume 30 days
Singapore 271,070,700 272,313,503
Kuala Lumpur 139,284,500 148,611,217
Bangkok 13,391,245 21,269,044
Jakarta 3,555,402,000 3,730,109,233
Manila 91,146 109,162
Ho Chi Minh 60,722 79,465