SE Asia Stocks-Mixed; China exports, oil price weigh on sentiment

miércoles 9 de diciembre de 2015 00:50 GYT

JAKARTA, Dec 9 (Reuters) - Southeast Asian stock markets
traded mixed on Wednesday after steep declines in the previous
session as China's export data failed to spark confidence while
declining oil prices put pressure on energy shares.
    China's November exports fell worse-than-expected from a
year earlier, their fifth straight month of decline, while
imports posted their 13th drop in a row.    
    "China's poor international trade and falling oil price
raised investor's concern about weak demand and global
slowdown," Thailand's Philip Capital said in a note.
    Thailand's SET Index posted a small gain of 0.03
percent, rebounding from its steepest single-day fall since
August, but energy stocks remained under spell of falling oil
    PTT Exploration and Production Pcl fell as much
as 2.6 percent to its lowest since December 2004.
    Malaysia's stock index fell 0.3 percent, while
Singapore's Straits Times index lost 0.3 percent.
    Economists have revised their economic growth forecasts for
Singapore for 2015 and 2016 down from their projections three
months ago, a central bank survey showed on Wednesday.
    The Philippine stock index rose 0.5 percent, heading
for its first gain in six sessions.
    The Indonesian market is closed for a public holiday on
Wednesday. Trading will resume on Thursday.

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  STOCK MARKETS                                          
  Change on 0414 GMT                                     
  Market                  Current   Prev close   Pct Move
  Singapore                2868.38      2876.03  -0.27
  Bangkok                  1307.43      1306.98  +0.03
  Manila                   6871.43      6838.42  +0.48
  Jakarta                       --      4464.18  --
  Kuala Lumpur              1664.6      1669.24  -0.28
  Ho Chi Minh               573.29       574.15  -0.15
 (Reporting by Fransiska Nangoy; Editing by Subhranshu Sahu)