SE Asia Stocks-Thai shares, Malaysia lag as weak oil prices hurt

viernes 28 de noviembre de 2014 07:10 GYT

BANGKOK, Nov 28 (Reuters) - The Thai stock index fell on
Friday as energy shares declined after a sharp fall in global
crude prices while Malaysian shares extended losses amid a fall
in the ringgit and concerns over lower oil. 
    Bangkok's SET index finished down 0.4 percent,
reversing from a two-month closing high hit in the previous
session. It posted a modest gain of 0.6 percent on the month,
among the region's underperformers.
    Shares of PTT Exploration and Production dropped
5.2 percent, their biggest single-day loss since January, as
declining oil prices dented its earnings outlook.
    Kuala Lumpur's composite index fell for a second
day, down 0.5 percent to its lowest close since Nov. 21, with
shares of Tenaga Nasional, down 0.3 percent, among
those actively traded. The index slipped 1.9 percent on the
    The ringgit fell to a near five-year low on Friday
as offshore funds dumped the currency on fears lower oil prices
may hurt Malaysia, a net oil exporter and major palm oil
    Singapore outperformed the region, with the key Straits
Times Index up 0.3 percent, ending the month 2.3
percent higher. Shares of Singapore Airlines jumped
2.6 percent thanks to expectations of a fall in fuel costs.
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 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          3350.50       3340.96       +0.29
 Kuala Lumpur       1820.89       1829.91       -0.49
 Bangkok            1593.91       1599.82       -0.37
 Jakarta            5149.88       5145.31       +0.09
 Manila             7294.38       7265.34       +0.40
 Ho Chi Minh         566.58        572.89       -1.10
 Change on year
 Market             Current       End 2013    Pct Move
 Singapore          3350.50       3167.43       +5.78
 Kuala Lumpur       1820.89       1866.96       -2.47
 Bangkok            1593.91       1298.71      +22.73
 Jakarta            5149.88       4274.18      +20.49
 Manila             7294.38       5889.83      +23.85
 Ho Chi Minh         566.58        504.63      +12.28
 (Reporting by Viparat Jantraprap; Editing by Biju Dwarakanath)