Southeast asia stocks: Malaysia, Thailand fall on foreign fund outflows


BANGKOK: Most Southeast Asian stock markets fell on Thursday, with Thai benchmark retreating and
Malaysia's key index extending losses amid foreign-led selling,but stocks in Vietnam hit a more than one-week high with large-cap stocks leading the pack.
    The SET index fell 0.2 percent to 1,444.66, the lowest close since June 2, 2014. Shares of PTT Exploration and Production eased 0.3 percent after it posted a 94 percent drop in quarterly net profit. 
    Foreign investors sold shares worth a net 2.7 billion baht ($77.8 million) after offloading a net 2.7 billion baht over past three sessions, stock exchange data showed. 
    Kuala Lumpur's composite index fell 0.4 percent, with foreign investors selling a net 269 million ringgit ($70.7 million), data showed.
    Vietnam's benchmark VN Index was up 0.34 percent at 632.01, the highest close since July 14. Dairy product maker Vinamilk's shares climbed 2.52 percent and PetroVietnam Gas advanced 3.36 percent. 
    
For Asian Companies click;  

SOUTHEAST ASIAN STOCK MARKETS
 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          3356.37       3359.17       -0.08
 Kuala Lumpur       1722.44       1729.53       -0.41 
 Bangkok            1444.66       1447.84       -0.22
 Jakarta            4902.85       4906.69       -0.08
 Manila             7635.22       7635.62       +0.23
 Ho Chi Minh         632.01        629.85       +0.34
 
 Change on year
 Market             Current       End 2014    Pct Move
 Singapore          3356.37       3365.15       -0.26
 Kuala Lumpur       1722.44       1761.25       -2.20
 Bangkok            1444.66       1497.67       -3.54
 Jakarta            4902.85       5226.95       -6.20
 Manila             7635.22       7230.57       +5.85
 Ho Chi Minh         632.01        545.63      +15.83
 ($1 = 34.7200 baht)
($1 = 3.8050 ringgit)
- Reuters

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil prices surge 3% on reports of Israeli strikes on Iran
US bonds rally on reports of Middle East missile strike
Fed policymakers agree: there's no urgency to cut rates
Ringgit opens easier against US$ as Fed turns hawkish
Main Market-bound Keyfield to gain from AWB market upcycle
FBM KLCI continues rebound after two days of recovery
Trading ideas: RHB, Axiata, Yinson, Affin, Kimlun, AWC, Pansar, DC Healthcare, AwanBiru, Systech, Auro, Bursa Malaysia, HeiTech Padu, AmFirst REIT and Sin-Kung Logistics
Farhash no more HeiTech’s substantial shareholder
AWC lands RM17.8mil plumbing job
Trading suspension for Awanbiru

Others Also Read