SE Asia Stocks - Most higher amid inflows; Indonesia ends losing streak

miércoles 27 de agosto de 2014 06:55 GYT
 

BANGKOK, Aug 27 (Reuters) - Most Southeast Asian stock
markets gained on Wednesday in line with others in Asia, with
Indonesia snapping three days of falls aided by bargain-hunting,
but shares of coal miner PT Bumi Resources Tbk came
under selling pressure.
    Jakarta's Composite Index finished up 0.4 percent,
recovering from a combined 1.2 percent loss over the past three
sessions, amid selective buying in recently beaten-down stocks
such as Bank Rakyat Indonesia.
    Among underperformers, Bumi Resources dropped 2.1 percent
after a report that Indonesia may revoke the contracts of 17
coal miners that owe royalties to the government, including PT
Arutmin Indonesia, a unit of PT Bumi Resources Tbk.
 
    The region brought in foreign inflows amid positive
sentiment in Asia, including Malaysia's 157.61 million
ringgit($50 million) worth of net foreign buying and Thailand's
419 million baht ($13.13 million), stock exchange data showed.
    The Philippine stock market posted a net foreign
inflow of 1.2 billion peso ($27.48 million), mainly from strong
inflows into shares of Philippine Long Distance Telephone
, stock exchange data showed.
    The euro was cracking under pressure on Wednesday as
feverish speculation of further policy stimulus in the euro zone
drove bond yields to all-time lows and lifted Asian stocks to
peaks not seen in almost seven years. 
       
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SOUTHEAST ASIAN STOCK MARKETS
 Change on day
 Market             Current     Prev Close    Pct Move
 TR SE Asia Index*   447.27        444.82       +0.55
 Singapore          3341.46       3323.02       +0.55
 Kuala Lumpur       1872.38       1861.82       +0.57
 Bangkok            1564.58       1560.17       +0.28
 Jakarta            5165.25       5146.55       +0.36
 Manila             7160.46       7146.35       +0.20
 Ho Chi Minh         628.77        629.06       -0.05
 
 Change on year
 Market             Current       End 2013    Pct Move
 TR SE Asia Index*   447.27        388.37      +15.17
 Singapore          3341.46       3167.43       +5.49
 Kuala Lumpur       1872.38       1866.96       +0.29
 Bangkok            1564.58       1298.71      +20.47
 Jakarta            5165.25       4274.18      +20.85
 Manila             7160.46       5889.83      +21.57
 Ho Chi Minh         628.77        504.63      +24.60
 
* 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 = 3.1465 Malaysian ringgit)
(1 US dollar = 43.6630 Philippine peso)
(1 US dollar = 31.9100 Thai baht)

 (Reporting by Viparat Jantraprap; Editing by Sunil Nair)