17 de febrero de 2016 / 8:39 / hace 2 años

SE Asia Stocks-Mixed, Singapore retreats after weak January exports

BANGKOK, Feb 17 (Reuters) - Southeast Asian stock markets
were mixed on Wednesday as Asian shares retreated, with
Singapore reversing from a three-day rally after a
larger-than-expected fall in January exports.
    Singapore's key Straits Times Index was down 1.3
percent, trimming some of the 4.2 percent combined gains made
over three consecutive sessions to Tuesday.
    The city-state's non-oil domestic exports (NODX) tumbled 9.9
percent in January as sales to major market China collapsed,
adding to expectations its monetary policy will need to ease
further to take some of the sting off weak global demand and put
the trade-reliant economy back on track. 
    Shares of CapitaLand Ltd dropped 1 percent after
the company posted a near 40 percent fall in fourth-quarter net
    Thai stocks drifted into negative territory after
two days of gains.
    "In the near term, the upside room remains limited for Thai
stocks with a risk of some correction in the absence of fresh
positive catalysts and as the earnings season is about to wind
down next week," broker Phillip Securities said in a report.
    Shares of Airports of Thailand jumped 4 percent
after the company reported better-than-expected quarterly
    Malaysia and Vietnam were little changed and
the Philippines posted modest gains. 
    The Indonesian index rose for a third day with the
country's central bank expected to cut interest rates on
    Asian shares, as measured by MSCI's broadest index of
Asia-Pacific shares outside Japan, slipped 0.7
percent after two sessions of solid gains. 
For Asian Companies click;  

 Change at 0805 GMT
 Market             Current     Prev Close    Pct Move
 Singapore          2610.88       2644.58       -1.27
 Kuala Lumpur       1665.61       1664.99       +0.04
 Bangkok            1281.95       1289.36       -0.57
 Jakarta            4759.96       4745.00       +0.32
 Manila             6756.82       6743.95       +0.19
 Ho Chi Minh         547.05        548.05       -0.18
 (Reporting by Viparat Jantraprap; Editing by Anupama Dwivedi)

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