SE Asia Stocks - Rise, Indonesia near two-week high

miércoles 5 de agosto de 2015 08:02 GYT
 

BANGKOK, Aug 5 (Reuters) - Indonesia's main stock index
ended at a near two-week closing high on Wednesday amid
expectations of an economic recovery in the second-half, while
Thai the benchmark pared early gains after the central bank's
weak growth outlook for 2015.
    The Jakarta composite index climbed 1.5 percent to
4,850.53, its highest close since July 24, with Bank Mandiri
 and Astra International both up almost 3
percent. Both stocks were among the most actively traded.
    "The market is betting on second-half growth," said a
Jakarta-based trader.
    Indonesia's economy is expected to grow by 5.0-5.2 percent
this year, Finance Minister Bambang Brodjonegoro said, tweaking
the government's GDP forecast for the year after the release of
second-quarter data. 
    The Thai SET index ended the day up 0.3 percent
after the Monetary Policy Committee voted 7-0 to leave the
one-day repurchase rate at 1.50 percent.
    The Bank of Thailand said its 2015 growth forecast of 3
percent was being lowered again due to poor
exports. 
    Vietnam's benchmark VN Index gained 1.05 percent,
with many stocks ending the session in positive territory after
the Southeast Asian nation reached a free-trade agreement with
the European Union. 
        
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SOUTHEAST ASIAN STOCK MARKETS
 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          3191.39       3191.04       +0.01
 Kuala Lumpur       1725.56       1723.73       +0.11
 Bangkok            1436.36       1432.16       +0.29
 Jakarta            4850.53       4781.09       +1.45
 Manila             7662.55       7598.29       +0.85
 Ho Chi Minh         607.08        600.76       +1.05
 
 Change on year
 Market             Current       End 2014    Pct Move
 Singapore          3191.39       3365.15       -5.16
 Kuala Lumpur       1725.56       1761.25       -2.03
 Bangkok            1436.36       1497.67       -4.09
 Jakarta            4850.53       5226.95       -7.20
 Manila             7662.55       7230.57       +5.97
 Ho Chi Minh         607.08        545.63      +11.26
 
 (Reporting by Viparat Jantraprap in Bangkok and Fransiska
Nangoy in Jakarta; Editing by Prateek Chatterjee)