SE Asia Stocks-Mostly down; Indonesia recovers from 2 pct fall

martes 29 de septiembre de 2015 04:50 GYT

Sept 29 (Reuters) - Southeast Asian stock markets were
mostly weaker on Tuesday as investors awaited direction from key
economic data later this week to assess the health of the global
economy, while Indonesian shares recouped losses on stimulus
    The Jakarta Composite Index, which fell 2 percent to
a two-year low earlier in the session, recovered and was up 0.11
percent at 0820 GMT. 
    "Market is firmer now partly due to a technical rebound,
since the market has posted losses for five consecutive days,
and some expectation on the government's second instalment of
stimulus package helps a little bit," said Harry Su, head of
research at Bahana Securities in Jakarta.
    Chief economics minister Darmin Nasution said Indonesia will
announce the second instalment of a stimulus package later on
Tuesday aimed at supporting the rupiah and reviving growth in
Southeast Asia's largest economy. 
    Other markets traded mostly down ahead of key economic data.
Japan's industrial production data is scheduled for Wednesday,
China Caixin Purchasing Managers' Index (PMI) on Thursday and
U.S. non-farm payrolls on Friday.
    Shares in Singapore Malaysia and Thailand
 were trading lower. 
    Vietnam's benchmark VN Index fell on investor caution
after a central bank rate cut, despite government data that
showed the economy grew at its fastest pace in five years in the
first nine months of 2015. 
    Asian shares skidded to 3-1/2-year lows and the dollar
sagged on Tuesday, pulled down by sharp losses on Wall Street
after weak Chinese data rekindled worries about its fragile
    The Philippine stock index, bucking the trend, was up
0.6 percent. 
For Asian Companies click;  

 Change at 0817 GMT
 Market             Current     Prev Close    Pct Move
 Singapore          2780.65       2791.92       -0.40
 Kuala Lumpur       1601.30       1608.43       -0.44
 Bangkok            1349.03       1352.13       -0.23
 Jakarta            4225.00       4120.50       +0.11
 Manila             6859.29       6815.59       +0.64
 Ho Chi Minh         561.19        564.88       -0.65
 (Reporting by Shihar Aneez and Fransiska Nangoy; Editing by
Sunil Nair)