SE Asia Stocks-Mostly higher but Thailand edges down ahead of holiday

Fri May 13, 2011 11:23am BST

 * Malaysia, Indonesia show positive inflow data for the week
 * Investors choosy about stocks in reporting season
 * After volatility, caution over commodities remains
 By Viparat Jantraprap	
 BANGKOK, May 13 (Reuters) - Most major Southeast Asian stock
markets gained on Friday as investors sought value stocks after
good results and the region stood out in Asia on the week, but
volatility in commodities continued to keep players on edge.	
 Turnover for most of the markets hovered well above their
average of the past 30 days, led by Indonesia, and most also saw
net foreign inflows.	
 Stocks in Singapore advanced 1.06 percent, with
Malaysia and Indonesia posting smaller gains but
Thai stocks inching down 0.12 percent in a choppy
session and in relatively low volume.	
 Many Thai investors opted to stay on the sidelines ahead of
a four-day holiday weekend and as commodities continued
volatile.	
 "The uncertainty in the commodities market will continue to
be a key factor for the Thai market and this region. That's on
top of inflation, which is another concern," said Capital Nomura
Securities senior analyst Wikij Tirawannarat.	
 Rising inflationary pressure has dragged on consumer
sentiment in Thailand, helping pull down confidence for a third
month in April. [ID:nL3E7GA23G]	
 For the week, however, the energy-driven Thai stock market
gained more than 3 percent, Asia's best performer, ahead of
number two Singapore with a 2.1 percent rise and third-ranked
Philippines with 1.7 percent.	
 Most Asian equity markets headed for their second week of
losses although on Friday MSCI's index of Asia Pacific shares
outside Japan was up 0.59 percent by 0938 GMT.	
 The MSCI index for Southeast Asia rose 1
percent, led by a 1.4 percent rise in the MSCI index for
Singapore .	
 Among gainers, Singapore-listed Wilmar International
 surged 5.1 percent after the world's largest listed
palm oil firm said its oilseeds and grains business returned to
profit after two quarters of losses, helping it post
better-than-expected first-quarter earnings. [ID:nL3E7GC1HJ]	
 Malaysia's top lender, Malayan Banking , climbed
1.3 percent to a one-month high after it reported an 11 percent
rise in third-quarter net profit, driven by stronger loan
growth. It said it expected its 2011 performance to exceed its
record results last year. [ID:nL3E7GB1LB]	
 In Bangkok, early losses in heavyweight energy shares were
reversed as U.S. crude oil futures CLc1 rose more than $1 a
barrel to above $100 at one point on Friday .	
 Market leader PTT rose 0.3 percent ahead of results
expected after the close. 	
 	
For Asian Companies news, click  	
For Asia-Pacific news, click    	
	
For South East Asia Hot Stock reports, click;	
	
	
SOUTHEAST ASIAN STOCK MARKETS	
 Change on day
 Market             Current     Prev Close    Pct Move
 Singapore          3163.68       3130.45       +1.06
 Kuala Lumpur       1540.74       1532.29       +0.55
 Bangkok            1084.96       1086.27       -0.12
 Jakarta            3832.02       3808.71       +0.61
 Manila             4292.11       4312.01       -0.46
 Hanoi               479.67        482.14       -0.51
	
	
 Change on year
 Market             Current     End prev yr    Pct Move
 Singapore          3163.68       3190.04       -0.83
 Kuala Lumpur       1540.74       1518.91       +1.44
 Bangkok            1084.96       1032.76       +5.05
 Jakarta            3832.02       3703.51       +3.47
 Manila             4292.11       4201.14       +2.17
 Hanoi               479.67        484.66       -1.03
	
	
 Stock Market Volume (shares)
 Market          Current Volume    Average Volume 30 days
 Singapore         540,220,000          315,113,840      
 Kuala Lumpur      132,087,900          109,246,683      
  
 Bangkok             4,070,880            5,227,128      
 Jakarta         8,789,359,500        4,160,168,100    
 Manila                711,119                 n.a.    
 Hanoi                  18,216               24,537
	
 	
 Net Foreign Trading Value (million dollar)
 Market              Current            Year to date
 Singapore             n.a.                  n.a.       
 Kuala Lumpur          +70                   n.a.        
 Bangkok               -66                  +872         
 Jakarta               +22                +1,765       
 Manila              +0.33                  +554       
 Hanoi               +0.35                   +31 
 Source - Thomson Reuters and stock exchanges
	
  	
 ASIA-PACIFIC STOCK MARKETS:
 Pan-Asia.....   Japan.......   S.Korea... 
 S.E. Asia....          Hong Kong...  Taiwan.... 
 Australia/NZ.          India.......  China..... 
 OTHER MARKETS:
 Wall Street.       Gold .......     Currency.. 
 Eurostocks..      Oil ........      JP bonds... 
 ADR Report ..    LME metals.     US bonds.. 
 Stocks News US.  Stocks News Europe   
 DIARIES & DATA:
 IPO diary & data  Asia earnings diary 
 U.S. earnings diary  European diary       
 Singapore diary     Wall Street Week Ahead   
 Eurostocks Week Ahead  
 TOP NEWS:
 For top Asian company news, double click on: 
 U.S. company news    European company news 
 Forex news           Global Economy news 
 Banking news         Tech,Media,Telecoms   
 Politics/General news   Asia Macro data     
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 topnews.session.rservices.com
 LIVE PRICES & DATA:
 World Stocks        <0#.INDEX>   Currency rates   
 Dow Jones/NASDAQ   Nikkei                
 FTSE 100                 Debt     <0#USBMK=> 
 Local currency            LME price overview    
	
	


($1 = 30.305 Thai Bahts)	
	
 (Editing by Alan Raybould)	
 
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