SE Asia Stocks-Manila hits record high for third day

Jan 30 (Reuters) - Most Southeast Asian stock markets gained
on Wednesday, with the Philippines hitting a record high for the
third day running and Thailand at a more than 18-year high ahead
of the U.S. Federal Reserve's monetary policy decision.
The Philippine Composite Index ended 0.6 percent
firmer at a record closing high of 6,271.23, after hitting a
fresh intraday peak of 6,320.60. It touched new record closing
highs in the last two sessions as well.
A 1.4 percent gain in Philippines Long Distance Telephone Co
and 1.6 percent rise in Ayala Land Inc boosted
the index.
The Thai SET index rose 0.8 percent, led by energy
shares, to end at 1,490.82. This was its highest close since
November 1994, despite net foreign selling of $47 million.
Bucking the trend, Malaysia ended weaker with a 0.6
percent fall, but it saw foreign inflows of $37.34 million.
Indonesia gained 0.3 percent and Vietnam
ended 0.7 percent higher at a near nine-month high. Singapore's
Straits Times Index gained 0.8 percent to a 15-month
high.
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SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 435.40 433.77 +0.38
Singapore 3285.90 3259.75 +0.80
Kuala Lumpur 1627.73 1637.34 -0.59
Bangkok 1490.82 1478.77 +0.81
Jakarta 4452.98 4439.03 +0.31
Manila 6271.23 6234.73 +0.59
Ho Chi Minh 487.60 484.01 +0.74

Change on year
Market Current End prev yr Pct Move
TR SE Asia Index* 435.40 424.10 +2.43
Singapore 3285.90 3167.08 +3.75
Kuala Lumpur 1627.73 1635.63 -0.48
Bangkok 1490.82 1391.93 +7.10
Jakarta 4452.98 4316.69 +3.16
Manila 6271.23 5812.73 +7.89
Ho Chi Minh 487.60 413.73 +17.85

* The Thomson Reuters South East Asia Index is a
highly representative indicator of stocks listed in Indonesia,
Malaysia, the Philippines, Singapore, Thailand and Vietnam.