Thursday 28 Mar 2024
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(Nov 12): Thailand stocks hit a two-week low on Wednesday while most Southeast Asian markets ended weaker as financials dragged the region's markets, while Indonesia bucked

the trend helped by higher foreign inflows.
    
Thailand's SET index closed 0.6 percent weaker at its lowest close since Oct. 28, surrendering early gains, with Siam Commercial Bank and Bank of Ayudhya falling 0.8 percent and 1.6 percent respectively.
    
Foreign investors, however, bought a net $15.4 million worth of Thai shares on Wednesday, exchange data showed.
    
Singapore's Straits Times Index fell 0.3 percent, and Malaysia's main stock index closed 0.5 percent weaker despite $14.37 million of offshore inflows while Vietnam edged down 0.04 percent.
    
Foreign investors bought a net $174.88 million worth of Indonesian shares, Thomson Reuters data showed, helping the main Jakarta stock index close 0.3 percent firmer.
    
The index retreated from higher gains in early trade with uncertainty over the Indonesian government's plan to raise fuel prices as a step towards cutting subsidy spending weighed on sentiment.
    
The Philippine stock index also gained 0.4 percent.


SOUTHEAST ASIAN STOCK MARKETS
 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          3283.71       3292.15       -0.26
 Kuala Lumpur       1816.24       1825.11       -0.49
 Bangkok            1562.03       1571.20       -0.58
 Jakarta            5048.84       5032.28       +0.33
 Manila             7232.87       7204.55       +0.39
 Ho Chi Minh         604.01        604.23       -0.04
 
 Change on year
 Market             Current       End 2013    Pct Move
 Singapore          3283.71       3167.43       +3.67
 Kuala Lumpur       1816.24       1866.96       -2.72
 Bangkok            1562.03       1298.71      +20.28
 Jakarta            5048.84       4274.18      +18.12
 Manila             7232.87       5889.83      +22.80
 Ho Chi Minh         604.01        504.63      +19.69
 (1 US dollar = 32.8200 Thai baht)
(1 US dollar = 12,197.0000 rupiah)
(1 US dollar = 3.3335 Malaysian ringgit)

 

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