SE Asia Stocks-Indonesia rebounds in negative week

Reuters

BANGKOK, Sept 6 (Reuters) - Southeast Asian stocks rose on

Friday as players sought bargains from the beaten-down emerging

equities but broad appetite remained weak ahead of U.S. jobs

data.

Jakarta's Composite Index reversed earlier losses to

close up 0.5 percent as the rupiah's spot rate on Friday

was seen 4.17 percent stronger from the opening price.

The gain helped trim the benchmark's weekly loss to 2.9

percent, still Southeast Asia's worst performer.

Indonesia's central bank released data after market close,

showing foreign exchange reserves rose slightly in August.

Recent declines in the reserves were among market concerns.

Regional sharemarkets staged a mild rebound in the first

week of September following a plunge in August amid rising risk

aversion and concerns about a potential cut in monetary stimulus

in the United States.

Among outperformers, Thai SET index climbed 1.7

percent on the day and 3.2 percent on the week. Singapore's key

index edged up 0.3 percent on the day, ending the week

0.6 percent higher after four weeks of falls.

Across exchanges, stocks with greater exposure to improving

global outlook and some battered blue chips were actively

bought, including Maybank, Keppel Corporation

, Kasikornbank and SM Investments Corp

.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 380.12 378.45 +0.44

Singapore 3048.35 3039.45 +0.29

Kuala Lumpur 1723.80 1720.97 +0.16

Bangkok 1336.25 1313.49 +1.73

Jakarta 4072.35 4050.86 +0.53

Manila 5974.62 5959.22 +0.26

Ho Chi Minh 480.03 477.57 +0.52

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 380.12 424.10 -10.37

Singapore 3048.35 3167.08 -3.75

Kuala Lumpur 1723.80 1688.95 +2.06

Bangkok 1336.25 1391.93 -4.00

Jakarta 4072.35 4316.69 -5.66

Manila 5974.62 5812.73 +2.79

Ho Chi Minh 480.03 413.73 +16.02

* The Thomson Reuters South East Asia Index is a

highly representative indicator of stocks listed in Indonesia,

Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Stock Market Volume (shares)

Market Current Volume Average Volume 30 days

Singapore 204,616,500 272,313,503

Kuala Lumpur 128,068,200 163,766,590

Bangkok 6,018,560 8,410,602

Jakarta 3,292,601,500 3,571,949,067

Manila 55,163 79,484

Ho Chi Minh 46,817 42,928

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