SE Asia Stocks-Singapore falls ahead of output data; Thai index at 3-wk low

martes 2 de junio de 2015 02:53 GYT
 

BANGKOK, June 2 (Reuters) - Southeast Asian stock markets
fell on Tuesday as the Singapore index touched a four-month low
ahead of May manufacturing output data while Thai shares hit
three-week lows as falling consumer prices made the market wary
of the interest rate outlook.
    Singapore's Straits Times Index traded down 1.22
percent, having hit 3,344.66, the lowest since Jan. 21.
Investors awaited factory activity data for May after a decline
in April to the lowest in more than two years. 
    Among top losers, shares of lender DBS Group Holdings
 shed 2 percent, heading for a fifth day of weakness
amid weak lending data. 
    The Thai SET index was down 0.9 percent at 1,482.94,
the lowest since May 12, with shares of banks, seen as
proxy for the domestic economy, down 1.3 percent.
    The Commerce Ministry said the country's annual consumer
price index declined for a fifth straight month in May due to
lower energy prices, echoing expectations of a likely interest
rate cut by the Bank of Thailand in coming meetings, brokers
said. 
    "Investors are waiting for the MPC meeting on June 10 as the
MPC's decision on the one-day repurchase rate will affect baht
versus dollar movement," broker Maybank Kim Eng Securities said
in a report.
    The Philippine main index was down 1.6 percent,
retreating from a one-week closing high in the previous session.
    Indexes of Malaysia and Vietnam were little
changed while Asian shares fell for a second day
as the stronger greenback pressured commodity prices.
  
    Indonesia is closed on Tuesday for a holiday, and will
reopen Wednesday.
        
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SOUTHEAST ASIAN STOCK MARKETS
 Change at 0627 GMT
 Market             Current     Prev Close    Pct Move
 Singapore          3350.82       3392.11       -1.22
 Kuala Lumpur       1743.27       1743.41       -0.01
 Bangkok            1482.94       1496.05       -0.88
 Jakarta               --         5213.82         -- 
 Manila             7548.03       7670.37       -1.59
 Ho Chi Minh         575.64        574.98       +0.11
 
 (Reporting by Viparat Jantraprap; Editing by Biju Dwarakanath)