SE Asia Stocks - Indonesia at 2-wk closing low amid fuel price concerns

martes 26 de agosto de 2014 06:31 GYT

BANGKOK, Aug 26 (Reuters) - Indonesian shares hit a 2-week
closing low on Tuesday as investors cut holdings on concerns of
a possible fuel price hike while the Philippine index ended at
its highest in nearly 15 months after a rally in shares of
Philippine Long Distance Telephone.
    Indonesia's key index fell 0.7 percent to 5,146.55,
its lowest close since Aug. 12. Shares of Bank Rakyat Indonesia
 and Astra International retreated in strong
volume amid foreign selling, Thomson Reuters data showed.
    President-elect Joko "Jokowi" Widodo is likely to meet with
current president Susilo Bambang Yudhoyono on Wednesday to
discuss a fuel subsidy plan, brokers said. 
    The Philippine index gained 0.2 percent to 7,146.35,
its highest close since May 29, 2013. PLDT shares jumped 2.7
percent to a record close of 3,390 peso, with foreign investors
buying stock worth a net 703 million peso ($16 million), stock
exchange data showed.
    Stocks in Thailand, Singapore and Malaysia
 were little changed while Asian shares held firm as
investors increasingly expect the European Central Bank to
expand liquidity as soon as next week to boost the sagging euro
zone economy. 
    Vietnam's benchmark VN Index gained for a fifth day,
closing 0.51 percent up at its highest in more than six years
and boosted by buying in blue-chips. 

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 Change on day
 Market             Current     Prev Close    Pct Move
 TR SE Asia Index*   444.88        445.28       -0.09
 Singapore          3323.02       3330.28       -0.22
 Kuala Lumpur       1861.82       1862.31       -0.03
 Bangkok            1560.17       1563.13       -0.19 
 Jakarta            5146.55       5184.96       -0.74
 Manila             7146.35       7133.09       +0.19
 Ho Chi Minh         629.06        625.88       +0.51
 Change on year
 Market             Current       End 2013    Pct Move
 TR SE Asia Index*   444.88        388.37      +14.55
 Singapore          3323.02       3167.43       +4.91
 Kuala Lumpur       1861.82       1866.96       -0.28
 Bangkok            1560.17       1298.71      +20.13
 Jakarta            5146.55       4274.18      +20.41
 Manila             7146.35       5889.83      +21.33
 Ho Chi Minh         629.06        504.63      +24.66
* The Thomson Reuters South East Asia Index is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam.    
(1 US dollar = 43.7710 Philippine peso)

 (Reporting by Viparat Jantraprap; Editing by Sunil Nair)