BANGKOK, Oct 21 (Reuters) - Thai stocks dropped 2.4 percent
on Monday, their biggest one-day loss in a month, on selling by
institutional investors, while most others in Southeast Asia
posted modest gains as investors looked ahead to a deluge of
U.S. data for clues to the Federal Reserve's stimulus tapering.
Late selloffs sent the Thai SET index to its lowest
close in nearly two weeks, with True Corp leading the
fall after a 6.6 percent drop. True Corp shares were the most
actively traded on the exchange.
Banking shares were hit hard after a rally last week which
was boosted by favourable quarterly results. Large-cap
Kasikornbank Pcl slid 3.6 percent after block trades
at lower than market prices.
Domestic institutions sold a net 4 billion baht ($129
million) in Thai shares, while foreign investors bought a net
1.1 billion baht ($35.4 million), a third straight session of
buying, data from the stock exchange showed.
Fund flows were mixed across the region.
Malaysia's main index edged up 0.2 percent as the
market brought in 15 million ringgit ($4.75 million) of foreign
inflows, while Indonesia's benchmark index gained 0.7
percent, led by shares of cigarette firm Gudang Garam
The Jakarta bourse saw net foreign selling of 36,222 million
rupiah ($3.20 million), Thomson Reuters data showed.
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SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 420.77 423.53 -0.65
Singapore 3195.76 3192.90 +0.09
Kuala Lumpur 1802.61 1799.59 +0.17
Bangkok 1448.54 1484.72 -2.44
Jakarta 4578.18 4546.57 +0.70
Manila 6597.56 6607.83 -0.16
Ho Chi Minh 501.57 500.83 +0.15
Change on year
Market Current End prev yr Pct Move
TR SE Asia Index* 420.77 424.10 -0.79
Singapore 3195.76 3167.08 +0.91
Kuala Lumpur 1802.61 1688.95 +6.73
Bangkok 1448.54 1391.93 +4.07
Jakarta 4578.18 4316.69 +6.06
Manila 6597.56 5812.73 +13.50
Ho Chi Minh 501.57 413.73 +21.23
* 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 274,733,300 209,590,012
Kuala Lumpur 107,015,100 127,716,720
Bangkok 8,829,481 9,119,146
Jakarta 4,002,371,000 4,031,190,750
Manila 97,633 92,479
Ho Chi Minh 112,334 57,100