SE Asia Stocks-Malaysia at record closing high; inflows lift Indonesia

Reuters

BANGKOK, Oct 24 (Reuters) - Malaysian shares inched higher

to a record close on Thursday amid optimism about the country's

fiscal deficit while Indonesian stocks climbed to their highest

close in five weeks amid foreign inflows.

Malaysia's main index added 0.3 percent, extending

Wednesday's rise, to a record closing high of 1,818.93, on

expectations the government may unveil measures to improve the

fiscal deficit.

Shares in Tenaga Nasional, the most actively

traded, climbed 1.5 percent to 9.5 ringgit, its highest close

for the year.

Domestic institutions bought shares worth a net 31 million

ringgit ($9.79 million), countering sales led by foreign

investors, stock exchange data showed.

Buying interest in late trading hours sent Indonesia's index

1.1 percent higher to 4,594.85, the highest close since

Sept. 19. Shares in Bank Mandiri and Bank Rakyat

Indonesia were heavily bought.

Indonesian equities brought in foreign inflows for a second

session, with $13.75 million worth of net foreign buying

reported on Thursday, Thomson Reuters data showed.

Other markets in Southeast Asia ended mixed in a rangebound

session, with Singapore posting limited gains as a

pick-up in Chinese economic activity bolstered sentiment in

global markets.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 423.55 422.31 +0.29

Singapore 3217.95 3204.80 +0.41

Kuala Lumpur 1818.93 1814.11 +0.27

Bangkok 1466.32 1457.36 +0.61

Jakarta 4594.84 4546.49 +1.06

Manila 6583.77 6635.11 -0.77

Ho Chi Minh 501.17 504.05 -0.57

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 423.55 424.10 -0.13

Singapore 3217.95 3167.08 +1.61

Kuala Lumpur 1818.93 1688.95 +7.70

Bangkok 1466.32 1391.93 +5.34

Jakarta 4594.84 4316.69 +6.44

Manila 6583.77 5812.73 +13.26

Ho Chi Minh 501.17 413.73 +21.13

* 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 167,528,000 215,173,105

Kuala Lumpur 119,197,000 128,358,153

Bangkok 6,476,479 8,768,150

Jakarta 4,274,569,000 4,025,719,467

Manila 51,776 92,763

Ho Chi Minh 86,402 62,182

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