SE Asia Stocks-Outflows drag Malaysia; Thai stocks rebound

Reuters

BANGKOK, Oct 14 (Reuters) - Most Southeast Asian stocks

ended weaker on Monday, with foreign investors further selling

shares in Malaysia and players trimming equities holdings in

emerging markets amid the budget impasse in the U.S.

Trading volumes in Singapore and the Philippines were just a

third of a full-day average over the past 30 sessions, while in

Malaysia it was around half the average.

Malaysia's benchmark index ended down 0.06 percent

after a rangebound session, with large-cap bank CIMB Group

Holdings among the most actively traded.

The Malaysian bourse said foreign investors sold shares

worth a net 44 million ringgit ($13.84 million), extending their

net selling for a sixth straight session.

In Bangkok, selective buying in mid-cap shares such as TMB

Bank Pcl helped the benchmark SET index recoup

early losses, to edge up 0.14 percent.

TMB Bank shares jumped 5.7 percent, their biggest daily

percentage gain in almost seven weeks, after a news report that

Japanese Mizuho Financial Group planned to buy a stake

in the Thai bank.

Foreign investors bought Thai shares worth a net 885 million

baht ($28.31 million), adding to their net buying of almost 3

billion baht ($95.97 million) over the past two sessions,

Thomson Reuters and stock exchange data showed.

Vietnam's benchmark VN Index lost 0.18 percent on

technical adjustment, extending its losses for the fourth

straight day.

The Indonesian market is shut on Monday and Tuesday, and

will resume on Wednesday. Markets in Malaysia, Singapore and the

Philippines will be shut on Tuesday.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 415.71 416.57 -0.21

Singapore 3165.25 3179.71 -0.45

Kuala Lumpur 1784.76 1785.75 -0.06

Bangkok 1459.84 1457.78 +0.14

Manila 6442.70 6489.80 -0.73

Ho Chi Minh 493.62 494.53 -0.18

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 415.71 424.10 -1.98

Singapore 3165.25 3167.08 -0.06

Kuala Lumpur 1784.76 1688.95 +5.67

Bangkok 1459.84 1391.93 +4.88

Jakarta -- 4316.69 +4.71

Manila 6442.70 5812.73 +10.84

Ho Chi Minh 493.62 413.73 +19.31

* 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 83,317,900 272,313,503

Kuala Lumpur 73,069,900 133,920,077

Bangkok 8,153,190 8,523,097

Manila 31,148 88,261

Ho Chi Minh 38,398 54,955

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