SE Asia Stocks-Indonesia, Thailand underperform on week

Reuters

BANGKOK, Nov 1 (Reuters) - Indonesian shares fell for a

second session on Friday amid uncertainties over the U.S.

stimulus cut, while Thai stocks retreated in thin market due to

rising domestic political tension.

Jakarta's Composite Index (JCI) closed down 1.7

percent at 4,432.59, the lowest close in almost four weeks.

Foreign investors sold $47.90 million, taking their selling on

the week to $64.94 million, Thomson Reuters data showed.

Indonesia was Southeast Asia's worst performer on the week,

with the JCI index down 3.2 percent, the biggest weekly drop

since late September and reversing three weeks of gains.

Among losers, shares in PT Bumi Resources Tbk

dropped 2.2 percent after the thermal coal exporter reported

weak earnings.

Broker Bahana Securities maintained its "reduce" rating on

the stock.

"As we are of the view that coal industry outlook will

remain bleak going forward, we expect BUMI's market

underperformance to linger," the broker said in a report.

Thai SET index fell about 1 percent, ending the week

1.8 percent lower, the second worst in the region.

Thai stock exchange saw light trading volume amid protests

against the political amnesty bill.

Stocks in Singapore, Malaysia and Vietnam

posted modest weekly losses. The Philippines,

which was shut on Friday, eked out a weekly gain of 0.7 percent,

outperforming its peers.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 417.58 421.28 -0.88

Singapore 3201.20 3210.67 -0.29

Kuala Lumpur 1810.41 1806.85 +0.20

Bangkok 1429.08 1442.88 -0.96

Jakarta 4432.59 4510.63 -1.73

Ho Chi Minh 497.08 497.41 -0.07

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 417.58 424.10 -1.54

Singapore 3201.20 3167.08 +1.08

Kuala Lumpur 1810.41 1688.95 +7.19

Bangkok 1429.08 1391.93 +2.67

Jakarta 4432.59 4316.69 +2.68

Manila -- 5812.73 +13.29

Ho Chi Minh 497.08 413.73 +20.15

* 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 221,917,100 207,383,488

Kuala Lumpur 95,240,700 124,687,207

Bangkok 5,754,833 8,245,633

Jakarta 3,387,323,000 3,703,594,033

Ho Chi Minh 42,529 67,850

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