SE Asia Stocks-Philippines gains; Singapore falls to 2-wk low
* Philippines marks first losing week in nine
* Vietnam posts first losing week in seven
* Malaysia comes off 3-yr high, closes slightly firmer
By Karthika Suresh Namboothiri
Feb 2 (Reuters) - Philippine stock market rose on Friday,
after three consecutive sessions of steep losses, while
Singapore fell to its lowest close in two weeks.
Broader Asia stumbled, with MSCI's broadest index of
Asia-Pacific shares outside Japan down more than
0.5 percent.
Most Southeast Asian stock markets posted weekly declines,
led by a 2.6 percent drop in Philippine shares.
The Philippine index marked its first losing week in
nine, although it firmed 0.8 percent in the session.
Conglomerate JG Summit Holdings gained 1.8 percent
in the session, while property developer SM Prime Holdings
climbed 1.2 percent.
The Indonesian index firmed 0.5 percent, boosted by
financials, with Bank Central Asia hitting a record
close.
An index of the country's most liquid stocks ended
0.6 percent higher.
Vietnam erased earlier losses to end 0.5 percent
higher, with financials leading the charge.
However, the market posted a 1 percent decline on the week,
its first in seven.
Meanwhile, Singapore shares fell 0.5 percent,
bringing the weekly drop to 1 percent.
Real estate and industrial stocks took a beating, with
CapitaLand Ltd falling over 2 percent to a more than
three-week low and Hutchison Port Holdings hitting its
lowest close in nearly a year.
Thai shares slipped as much as 0.3 percent as a
boost from energy stocks was outweighed by losses in consumer
staples and real estate.
Malaysian index ended marginally stronger in
lacklustre trade, after touching its highest in more than three
years, as it resumed trade after two days of public holidays.
The only market in Southeast Asia to record a weekly gain ended
the week 0.9 percent firmer.
For Asian Companies click;
SOUTHEAST ASIAN STOCK MARKETS
STOCK MARKETS
Change on the day
Market Current Previous close Pct Move
Singapore 3529.82 3547.23 -0.49
Bangkok 1827.35 1833.6 -0.34
Manila 8810.75 8738.72 0.82
Jakarta 6628.82 6598.459 0.46
Kuala Lumpur 1870.48 1868.58 0.10
Ho Chi Minh 1105.04 1099.67 0.49
Change on year
Market Current End 2017 Pct Move
Singapore 3529.82 3402.92 3.73
Bangkok 1827.35 1753.71 4.20
Manila 8810.75 8558.42 2.95
Jakarta 6628.82 6355.654 4.30
Kuala Lumpur 1870.48 1796.81 4.10
Ho Chi Minh 1105.04 984.24 12.27
(Reporting by Karthika Suresh Namboothiri; Editing by Amrutha
Gayathri)