SE Asia Stocks-Thai stocks bounce back on domestic buying; Philippines near 3-wk low

Reuters

BANGKOK, Nov 5 (Reuters) - Thai stocks jumped 2 percent on

Tuesday, reversing a nearly 3 percent plunge in the previous

session, amid domestic-led buying while the Philippine benchmark

fell to a near three-week low led by large caps.

The Thai SET index closed at 1,415.44, near its

day's high, as market players snapped up battered shares in late

trading hours, including True Corporation Pcl, Krung

Thai Bank Pcl and Airports of Thailand.

Prime Minister Yingluck Shinawatra said the government will

leave the fate of the amnesty bill in the hands of senators amid

opposition against the bill across the country.

The Senate is scheduled to begin its reading of the bill on

Nov. 11.

Foreign investors sold a net 1.95 billion baht ($62.40

million), a fourth consecutive session of selling, stock

exchange and Thomson Reuters data showed.

The Philippine main index closed down 0.4 percent at

6,519.58, the lowest close since Oct. 16, with Philippine Long

Distance Telephone easing 0.5 percent after it posted a

modest earnings rise.

Singapore's Straits Times Index was up 0.05

percent, paring most earlier gains. Shares in casino operator

Genting Singapore, the most actively traded, rose 1

percent after its adjusted core profit topped market estimates.

Vietnam was up 0.6 percent at 499.79, the highest

close in more than one week, led by property stocks.

Markets in Malaysia and Indonesia were shut

on Tuesday for a market holiday and will resume trading on

Wednesday.

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SOUTHEAST ASIAN STOCK MARKETS

Change on day

Market Current Prev Close Pct Move

TR SE Asia Index* 415.80 413.57 +0.54

Singapore 3205.54 3203.94 +0.05

Bangkok 1415.44 1388.40 +1.95

Manila 6519.58 6543.39 -0.36

Ho Chi Minh 499.79 497.07 +0.55

Change on year

Market Current End prev yr Pct Move

TR SE Asia Index* 415.80 424.10 -1.96

Singapore 3205.54 3167.08 +1.21

Kuala Lumpur -- 1688.95 +7.02

Bangkok 1415.44 1391.93 +1.69

Jakarta -- 4316.69 +2.47

Manila 6519.58 5812.73 +12.16

Ho Chi Minh 499.79 413.73 +20.14

* 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 215,180,600 200,965,448

Bangkok 7,255,025 7,876,277

Manila 74,966 86,069

Ho Chi Minh 75,860 67,091

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