* Singapore leads gains, rises up to 1.3 pct
* Thailand Oct headline CPI up 1.23 pct y/y
* Philippine stock market closed for holiday
By Shanima A
Nov 1 (Reuters) - Most Southeast Asian stock markets started
the month on a positive note on Thursday after a brutal October,
with Singapore leading the gains on the back of financials.
Broader Asian markets also rose, as bruised investor
sentiment got some relief from another robust Wall Street
"Last month was quite bad, and I think there are bargains, a
lot of investors will be looking at buying," said Joel Ng , an
analyst with KGI Securities.
Singapore's FTSE Straits Times index rose as much as
1.3 percent to a more than one-week high. Financials dominated
the gains with lender Oversea-Chinese Banking Corp Ltd
climbing 4.4 percent to a near four-week high on record
Meanwhile, Indonesian shares rose ahead of October
The annual inflation rate likely picked up last month, but
remained within the central bank's target range, a Reuters poll
Banking stocks were the top gainers with Bank Central Asia
Tbk PT rising 1.7 percent and Bank Mandiri (Persero)
Tbk PT climbing 4 percent to a more than 11-week high.
An index of the country's 45 most liquid stocks
rose 1.2 percent.
Thai shares rose slightly after data showed annual
headline consumer price index rose 1.23 percent in October,
slightly below the 1.30 percent rise forecast in a Reuters poll.
Meanwhile, Malaysian shares slipped as much as 0.4
percent after three sessions of gains in a row.
Malayan Banking Bhd, the country's biggest bank by
market value, shed as much as 1.1 percent and was among the top
drags on the main index.
The Philippine market was closed for a national
For Asian Companies click;
SOUTHEAST ASIAN STOCK MARKETS AS AT 0403 GMT
Market Current Previous close Pct Move
Singapore 3053.78 3018.8 1.16
Bangkok 1671.21 1669.09 0.13
Jakarta 5858.479 5831.65 0.46
Kuala Lumpur 1706.49 1709.27 -0.16
Ho Chi Minh 913.4 914.76 -0.15
Change on year
Market Current End 2017 Pct Move
Singapore 3053.78 3402.92 -10.26
Bangkok 1671.21 1753.71 -4.70
Jakarta 5858.479 6355.654 -7.82
Kuala Lumpur 1706.49 1796.81 -5.03
Ho Chi Minh 913.4 984.24 -7.20
(Reporting by xxxx; Editing by Subhranshu Sahu)