SE Asia Stocks-Most down ahead of US jobs data; Singapore near 2-wk closing low

viernes 4 de septiembre de 2015 07:27 GYT

Sept 4 (Reuters) - Most Southeast Asian stock markets fell
on Friday, led by Singapore amid caution ahead of a key U.S.
jobs report due later in the day.
    Singapore fell 1.5 percent to its lowest close
since Aug 24, while Thailand ended 0.9 percent lower
with a net foreign outflow of $35.31 million. 
    The Jakarta Composite Index fell 0.4 percent, while
the Philippine index dropped 0.7 percent to its lowest
close since Aug. 27. 
    Malaysia fell 0.9 percent to its lowest close in
more than a week, with a net foreign inflow of $49.16 million. 
    Analysts said investors were waiting for clues from U.S.
August nonfarm payrolls data due later in the day. A solid
number could ease worries about sluggish global growth, and
support risk appetite, though at the same time it would
reinforce expectations that the U.S. Fed will move soon to raise
rates, which would hurt risky assets.
    Economists polled by Reuters expect the U.S. economy
produced 220,000 new nonfarm jobs last month, continuing the
robust employment creation of the past five years, while average
hourly earnings are predicted to have risen by a modest 0.2
percent, as they did in July. 
    Bucking the trend, Vietnam closed 0.5 percent firmer
in a technical rebound after three consecutive falls as most
blue chips advanced. 

For Asian Companies click;  

 Change on day 
 Market             Current     Prev Close    Pct Move
 Singapore          2863.81       2906.43       -1.47
 Kuala Lumpur       1589.16       1602.75       -0.85
 Bangkok            1370.75       1383.48       -0.92
 Jakarta            4415.34       4433.11       -0.40
 Manila             7051.78       7098.76       -0.66
 Ho Chi Minh         556.81        554.30       +0.45
 Change on year
 Market             Current       End 2014    Pct Move
 Singapore          2863.81       3365.15      -14.90
 Kuala Lumpur       1589.16       1761.25       -9.77
 Bangkok            1370.75       1497.67       -8.47
 Jakarta            4415.34       5226.95      -15.53
 Manila             7051.78       7230.57       -2.47
 Ho Chi Minh         556.81        545.63       +2.05 
 ($1 = 35.8600 baht)
($1 = 4.2560 ringgit)

 (Reporting by Shihar Aneez; Editing by Subhranshu Sahu)