SE Asia Stocks - Thai index flat, Vietnam up; others closed for holidays

viernes 17 de julio de 2015 02:58 GYT

BANGKOK, July 17 (Reuters) - Thailand's main stock index was
nearly flat on Friday, heading for a third straight week of
falls, as investors cautiously built positions during the
earnings season, while Vietnam's banking shares led the broader
market's rebound.
    Thailand and Vietnam both saw trading volume fall to about
40 percent of their respective 30-day averages amid public
holidays in the region and positive sentiment in Asia, mainly
due to a recovery in China's markets. 
    Singapore, Malaysia and the Philippines are
closed for the Eid al-Fitr holiday, and will re-open on Monday.
Indonesia is shut through July 21 for Eid al-Fitr celebrations.
    Bangkok's SET index was up 0.01 percent at midday
and was on track for a weekly fall of 0.2 percent.
    Top gainers included TMB Bank Pcl, which rose 1.7
percent and was the second best performer on MSCI's index of
    Buying in TMB shares came before its release of April-June
earnings during the midday break, which were better than
    Vietnam's benchmark VN Index edged up 0.15 percent,
with lender Vietcombank nearly 1 percent higher.
    The index reversed its second straight loss on Thursday, on
course for a third straight week of gains, up 0.11 percent.
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 Change at 0634 GMT
 Market             Current     Prev Close    Pct Move
 Bangkok            1481.38       1481.26       +0.01
 Ho Chi Minh         628.00        626.90       +0.18
 (Reporting by Viparat Jantraprap; Editing by Prateek