August 21, 2017 / 5:15 AM / 2 years ago

SE Asia Stocks-Largely subdued; Thailand gains on strong GDP data

    By Urvashi Goenka
    Aug 21 (Reuters) - Most Southeast Asian stock markets were
subdued on Monday as worries about U.S. President Donald Trump's
ability to fulfil his economic agenda persisted, while Thai
shares rose on better-than-expected economic growth
    Thailand's economy expanded at its fastest pace in over four
years in the second quarter, led by stronger exports and a boost
from the tourism and agricultural sectors, and the government
raised its forecasts for economic growth and exports for this
    Financial and energy stocks were among the top gainers with
state-owned oil and gas firm PTT Pcl and Central
Pattana PCL up over 1 percent each.
    MSCI's broadest index of Asia-Pacific shares outside Japan
 was barely in the black, thanks to modest gains
in China.
    Investors were also wary of any flare-up of tensions between
North Korea and the United States as U.S. troops and South
Korean forces started a joint exercise.
    Indonesian shares fell 0.5 percent, hurt by consumer
and industrial shares. An index of the region's 45 most liquid
stocks dropped 0.6 percent.
    Gudang Garam Tbk PT fell as much as 3.7 percent,
while Unilever Indonesia Tbk PT declined up to 1
    Malaysian shares fell 0.2 percent as consumer
discretionary stocks and financials lost ground. Genting
Malaysia declined as much as 1.6 percent, while Hong
Leong Bank dropped up to 0.9 percent.
    The Philippine financial markets were closed for a public
    For Asian Companies click;  

  Change on day                                        
  Market           Current       previous     Pct Move
  Singapore        3253.42       3251.99      0.04
  Bangkok          1569.31       1566.53      0.18
  Jakarta          5864.409      5893.841     -0.50
  Kuala Lumpur     1773.02       1776.22      -0.18
 Ho Chi Minh       769.49        768.97       0.07
  Change on year                              
  Market           Current       End 2016     Pct Move
  Singapore        3253.42       2880.76      12.94
  Bangkok          1569.31       1542.94      1.71
  Jakarta          5864.409      5296.711     10.72
  Kuala Lumpur     1773.02       1641.73      8.00
 Ho Chi Minh       769.49        664.87       15.7

 (Reporting by Urvashi Goenka; Editing by Subhranshu Sahu)
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