Southeast Asian stocks were mixed on
Tuesday with Thai shares underperforming as caution prevailed
due to continued political risks amid concerns over sluggish
economic growth this year.
Thailand's SET index ended down 0.5 percent, after
having hit an eight-week closing high in the previous session.
Foreign investors sold a net $8.57 million worth of shares
on Tuesday, extending the net outflow to $906.5 million in the
last 17 straight sessions, Reuters data showed.
The unrest has already hit the economy with data published
on Monday showing the economy grew just 0.6 percent in the
fourth quarter from the third.
Malaysian shares edged down 0.1 percent from a
five-week closing high in the previous session.
However, Singapore shares rose 0.05 percent to
close at their highest level in three weeks, while Jakarta's
Composite Index ended steady at a more than 3-1/2-month
high. Philippine stocks gained 0.4 percent to a
2-1/2-month high.
Vietnam's benchmark VN Index gained 0.8 percent to a
more-than-eight-month closing high, supported by a central bank
ruling that could ease banks' provisions for bad debts.
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 393.24 394.92 -0.43
Singapore 3070.78 3069.28 +0.05
Kuala Lumpur 1825.24 1827.48 -0.12
Bangkok 1326.21 1332.37 -0.46
Jakarta 4556.19 4555.37 +0.02
Manila 6193.97 6167.82 +0.42
Ho Chi Minh 574.56 570.20 +0.76
Change on year
Market Current End 2013 Pct Move
TR SE Asia Index* 393.24 388.37 +1.25
Singapore 3070.78 3167.43 -3.05
Kuala Lumpur 1825.24 1866.96 -2.23
Bangkok 1326.21 1298.71 +2.12
Jakarta 4556.19 4274.18 +6.60
Manila 6193.97 5889.83 +5.16
Ho Chi Minh 574.56 504.63 +13.86
*Thomson Reuters Index
Source: Reuters
