Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,159.23
    -886.95 (-1.25%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,536.07
    +5.47 (+0.36%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

SE Asia Stocks-Most markets rise; Singapore hits over 1-week high

* 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

session.

"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

ADVERTISEMENT

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

quarterly profit.

Meanwhile, Indonesian shares rose ahead of October

inflation data.

The annual inflation rate likely picked up last month, but

remained within the central bank's target range, a Reuters poll

showed.

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

holiday.

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)