|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.02 - 51.94|
|52 Week Range||44.22 - 83.43|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||8.01|
|Forward Dividend & Yield||3.51 (6.74%)|
|Ex-Dividend Date||Nov 21, 2019|
|1y Target Est||53.71|
* Malaysia says virus infection curve flattening * Singapore falls for second straight day By Arundhati Dutta April 2 (Reuters) - Markets in Singapore and the Philippines fell on Thursday, tracking their peers in the United States on persisting fears about the coronavirus' spread and a recession, while Malaysian shares rose on reports of a slowing rate of new infections. "Difficult days are ahead for our nation," Trump told reporters at the White House on Wednesday. In Singapore, the benchmark index fell for a second straight day, losing up to 2%.
* Indonesia reverses course, ends 1.6% down * Malaysia posts biggest intraday drop in over a week * Thailand dragged by financials By Arundhati Dutta April 1 (Reuters) - Most Southeast Asian markets ended lower on Wednesday as anxiety about the spreading coronavirus and a looming global recession prevailed over regional government efforts to cushion their economies from the pandemic. PT Bank Central Asia Tbk shed 0.8%.
* Singapore c.bank eases monetary policy aggressively * Malaysia warns of surge in coronavirus cases in mid-April * Indonesia faces calls to tighten movement restrictions By Arundhati Dutta March 30 (Reuters) - Southeast Asian stock markets dropped on Monday as worries over a severe economic damage in the region following a rise in new coronavirus cases outweighed central banks' efforts to calm investor nerves through aggressive policy easing. The number of fresh cases and deaths rose in several countries in the region, with Malaysia warning of a surge in the number of cases in mid-April.
* Singapore Q1 GDP contracts more than expected * Singapore set to announce additional stimulus package * Indonesia set for best day in 6-1/2 years By Arpit Nayak March 26 (Reuters) - Most South East Asian stocks rose on optimism around a massive U.S. stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. The U.S. Senate on Wednesday unanimously passed a $2-trillion bill aimed at helping unemployed workers and industries hurt by the virus outbreak. Thailand has put into effect a state of emergency until the end of April, sealing off its borders from non-resident foreigners to contain the virus, though it held off on restricting people's movement inside the country At odds with the regional trend, Singapore stocks eased as much as 2.9% after its economy contracted more than expected in the first quarter.
* Indonesia marks best day in three weeks * Thai cenbank likely to cut rates to new low * Philippine cenbank to buy $5.8 bln govt securities By Arpit Nayak March 24 (Reuters) - Most Southeast Asian stock markets rebounded on Tuesday, as the U.S. Federal Reserve pledged unlimited quantitative easing to support credit markets in a bid to backstop an economy reeling from emergency restrictions to fight the coronavirus. In an unprecedented move, the Fed said on Monday it would make a foray into corporate debt and pledged to buy an unlimited amount of U.S. Treasuries and agency mortgage-backed securities to ease credit strains and provide support to the virus-hit economy. "Asian investors like what they see from an all-in Fed which is being viewed in a very impressive light for both Main and Wall Street, even as the U.S. congress dithers," Stephen Innes, chief global markets strategist at AxiCorp, said in a note.
* Singapore set for best day since Christmas 2015 * Malaysia set to snap four consecutive sessions of losses * Philippine stock exchange set to resume trading on March 19 By Arpit Nayak March 18 (Reuters) - Most Southeast Asian stock markets rose on Wednesday, with Singapore leading the pack, as risk sentiment improved on global stimulus efforts to soften the economic impact of the coronavirus pandemic. Shares in Singapore jumped as much 3.2% and were headed for their best session in more than four years after Wall Street ended higher overnight on the U.S. Federal Reserve's move to boost liquidity and as the Trump administration unveiled a $1 trillion stimulus package. "These are precisely the kind of numbers the market was looking for" said Stephen Innes, global chief markets strategist at AxiCorp, referring to Washington's massive stimulus package.
* Philippines suspends stock and bond trading indefinitely * Markets unimpressed by coordinated stimulus, policy -analyst * Indonesian index hits circuit breaker for the 3rd time in four sessions By Arpit Nayak March 17 (Reuters) - Southeast Asian stock markets fell on Tuesday, while the Philippine bourse suspended trading indefinitely in an unprecedented move, on fears of the damaging effects stemming from the coronavirus pandemic. Philippines shut down trading on its stock exchange and bond markets until further notice in a bid to protect the safety of traders, even as it put half its population of 107 million under a strict home quarantine to curb the spread. While Philippines managed to escape the broad losses in markets, other markets in the region suffered after Wall Street's main indexes clocked a historic rout overnight in their biggest plunge since the 1987 'Black Monday' market crash.
* Singapore hits lowest in more than 10-1/2 years * Malaysia declines to lowest in over a decade By Arpit Nayak March 17 (Reuters) - The Philippines closed its financial markets on Tuesday in response to the coronavirus, while other Southeast Asian stock markets fell sharply following one of Wall Street's biggest one-day routs in history. The shutdown by the Philippines comes after some bourses around the world closed trading floors or paused trade after withering falls in market value, but it is the first blanket market halt and raises the prospect other exchanges may follow. Broader Asian markets also declined in a volatile session as headlines about the virus and its global economic impact jolted investor sentiment.
* Malaysia confirms bear market, hits near 10-year low * Singapore ends lower for fourth consecutive session * Thailand mulls shutdowns of public spaces By Arpit Nayak March 16 (Reuters) - Southeast Asian stock slumped on Monday, with Malaysia confirming a bear market, as the Federal Reserve's unexpected move to cut interest rates failed to quell fears over the economic impact of the coronavirus pandemic. "There's not much that policymakers can do to prevent a global recession developing over the coming months as the economic effects of the coronavirus begin to bite," said Neil Shearing, group chief economist at Capital Economics, in a note. Malaysian equities plunged 4.8% to hit a near 10-year low and joined the rest of the region in bear market territory.
* Singapore enters bear market territory * Philippines set for worst week since 1998 * Thailand, Indonesia trigger circuit breakers By Sameer Manekar March 13 (Reuters) - Southeast Asian stock markets sank on Friday and were headed for their worst week in more than a decade, as a rout in global equities deepened amid rising travel restrictions and growing fears of a global recession due to the coronavirus outbreak. Sell-off gathered pace from Thursday after the World Health Organization termed the outbreak a pandemic and U.S. President Donald Trump restricted travel from Europe to contain the virus spread.
Broader Asian markets tracked Wall Street lower as deaths from the virus rose in the United States and elsewhere, taking the toll worldwide to more than 3,200. The Asian Development Bank (ADB) said the outbreak could cut global gross domestic product growth by 0.1% to 0.4% this year.
* Singapore shares hit lowest since October 2018 * Thailand, Indonesia, Philippines shed over 1% each * Financials across the region hit as rate cuts loom By Shruti Sonal March 6 (Reuters) - Southeast Asian stock markets fell sharply on Friday as the fast-spreading coronavirus stoked fears of a deepening economic fallout beyond China, with Singapore shares hitting their lowest in more than a year amid recession concerns. Broader Asian markets tracked Wall Street lower as deaths from the virus rose in the United States and elsewhere, taking the toll worldwide to more than 3,200. The hardest-hit economies remain Hong Kong, Singapore and Thailand, where people flows and supply chain channels are large, S&P added.
* Fed cuts interest rates by 50 bps * Financials in Singapore, Thailand drop * Indonesia up on hopes of more stimulus By Shruti Sonal March 4 (Reuters) - Most Southeast Asian stock markets slipped on Wednesday, tracking Wall Street as a surprise rate cut by the U.S. Federal Reserve failed to allay fears over the coronavirus's impact, while dismal China economic data dented sentiment as well. The Fed lowered interest rates by 50 basis points on Tuesday, its first out of cycle cut since 2008 at the height of the financial crisis, in a bid to shield the world's largest economy from the impact of the virus.
Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities. The Thai benchmark was the worst hit in the region, shedding 3.9%, with heavyweights PTT PCL sliding 6.6% and Airports of Thailand down 4.8%. Thailand's central bank said a prolonged outbreak may see economic growth of less than 1% in 2020.
* Italy, Iran emerge as new epicenters of fast-spreading virus * Indonesian shares at nearly three-year low * Singapore set for worst week since last August Feb 27 (Reuters) - Most Southeast Asian stock markets fell on Thursday as the virus' spread to shores beyond China made investors swiftly reassess its potential economic impact, with the Indonesian index slipping to a nearly three-year low. The number of new coronavirus infections inside China was for the first time overtaken by fresh cases elsewhere on Wednesday, with Italy and Iran emerging as new epicenters of the rapidly spreading flu-like virus. The index was dragged lower by losses in financial stocks, with Bank Rakyat Indonesia slumping 6%, while Bank Central Asia slipped nearly 2%.
* Thailand leads declines * Singapore banks cautious about growth outlook * Vietnam little changed By Arundhati Dutta Feb 21 (Reuters) - Most Southeast Asian stock markets fell on Friday, as the rapid spread of the coronavirus outside mainland China and its impact on Asia's economies dulled the appeal of risk assets. Japan and Singapore are on the brink of recession and South Korea on Friday said its exports to China slumped in the first 20 days of February as the outbreak upends global supply chains. "Data suggests that a pickup in activity is still elusive, which could have negative implications on global growth," DBS Group Research said in a note.
* Indonesia c.bank cuts rates, lowers 2020 growth forecast * Thailand hits over 3-yr closing low By Arundhati Dutta Feb 20 (Reuters) - Shares in coronavirus-hit economies of Singapore and Thailand lost footing on Thursday as a sharp jump in infections outside mainland China overshadowed Beijing's widely-anticipated interest rate cut. China on Thursday reported a sharp drop in new virus cases, however, infections in South Korea jumped, two deaths were recorded in Japan and research showed that the pathogen was more contagious than previously believed. Thai shares fell 1% to a more than three-year low, with Airports of Thailand, the top drag on the index, slumping 4.8% after flagging a 5% decline in its full-year revenue due to the impact of the virus.
* China cuts benchmark interest rate to support virus-hit economy * Thai index at lowest since Nov 2016 * Indonesia and Malaysia stocks trade flat By Arundhati Dutta Feb 20 (Reuters) - Stocks in Thailand and Singapore led declines in Southeast Asia on Thursday amid concerns that the coronavirus epidemic is yet to be contained and over its economic impact, despite Chinese stimulus measures to cushion the strain of the outbreak. Economies of Singapore and Thailand have suffered from the epidemic, with Singapore lowering its 2020 growth forecast and Thailand flagging a slump in tourist numbers this year.
* Singapore snaps 4-session losing streak * Thailand 2020 GDP growth to be lower than forecast - c.bank * Indonesia up for 3rd straight session By Arundhati Dutta Feb 19 (Reuters) - Most Southeast Asian stock markets rose on Wednesday as the rate of new coronavirus infections in China slowed, while Thailand fell after its central bank projected a bleak outlook for economic growth this year. Chinese authorities reported the lowest daily rise in new virus cases since Jan. 29 on Wednesday, as the number of new infections fell for a second straight day.
* Sentiment remains fragile due to worries about coronavirus * Singapore set to snap four-day losing streak * Indonesia extends gains for a third straight session * Vietnam expects to export 6.75 mln tonnes of rice in 2020 By Arundhati Dutta Feb 19 (Reuters) - Most Southeast Asian stock markets inched higher on Wednesday, with Singapore leading the pack, as a slight decline in the number of new coronavirus cases lifted risk appetite. Investors are also holding on to hopes that China - the region's largest trading partner - would roll out more stimulus to support its virus-hit economy, especially for a cut in its benchmark loan prime rate due to be announced on Thursday. The number of new virus cases fell for a second straight day, even as the death toll in mainland China crossed 2,000 on Wednesday.
* Thailand down 0.9%, top loser * Singapore unveils $4.5 bln package * Vietnam falls for third session By Arundhati Dutta Feb 18 (Reuters) - Most Southeast Asian stock markets fell on Tuesday, after Apple Inc said it was unlikely to meet its March-quarter sales guidance as the coronavirus outbreak slowed production and weakened demand in China. Shares in Thailand fell 0.9%, even after the central bank governor said the government's support measures and the passage of a delayed budget bill would help ease the economic blow from the coronavirus. Singapore also announced financial packages worth around $4.5 billion to help contain the outbreak and weather its economic impact.
* Thai and Singapore stocks fall the most * Investors keeping a eye on Indonesia rate decision - analyst * Consumer staples drag Thai benchmark By Arundhati Dutta Feb 18 (Reuters) - Most Southeast Asian stock markets fell on Tuesday, as global sentiment soured after Apple became the latest company to flag lower revenue due to the coronavirus epidemic that has slowed economic activity in the region. Thai shares and Singapore stocks fell 0.7% and 0.6%, respectively, making the them the top losers in the region. Both Singapore and Thai economy have suffered following the outbreak, with Thailand expecting the number of foreign visitors to fall by 5 million this year, while Singapore lowered its 2020 growth target on Monday.
DBS Group Holdings expects the coronavirus outbreak to hurt full-year revenue by as much as 2% after Southeast Asia's biggest lender topped market estimates with a strong rise in fourth-quarter profit. Singapore banks had previously forecast muted earnings growth for 2020 as interest rates soften and lending moderates after a robust performance in the past few years.