SE Asia Stocks-Mostly higher but Thailand edges down ahead of holiday
* 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.
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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 A multimedia version of Reuters Top News is available at: 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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