|Bid||40.09 x 0|
|Ask||40.15 x 0|
|Day's range||39.85 - 40.49|
|52-week range||39.66 - 66.69|
|Beta (5Y monthly)||0.37|
|PE ratio (TTM)||5.31|
|Earnings date||31 Jul 2020|
|Forward dividend & yield||2.56 (6.40%)|
|Ex-dividend date||19 Mar 2020|
|1y target est||67.01|
* Singapore shares hit 1-1/2 month low * Thailand posts second straight weekly gain * Philippine, Singapore posts third consecutive weekly loss By Pranav A K May 22 (Reuters) - Southeast Asian stock markets fell on Friday as Sino-U.S. tensions were exacerbated after China said it would impose new national security legislation on Hong Kong following last year's pro-democracy unrest. U.S. President Donald Trump warned that Washington would react "very strongly" against China's attempt to gain more control over the former British colony. "The very real threat now, is the return of mass protests to the streets of Hong Kong, a downgrade in trade status with the U.S., and potentially an exit of large companies from the SAR (special administrative region)," said Jeffrey Halley, senior market analyst at OANDA.
* Singapore shares set to snap 3 sessions of gains * Thai shares up ahead of c.bank meeting * Malaysia falls after 5 sessions in the green By Pranav A K May 20 (Reuters) - Most Southeast Asian stock markets slipped on Wednesday, tracking overnight losses on Wall Street, as investors refrained from making big bets after doubts were cast over a recent early-stage trial of a coronavirus vaccine. "Asian markets may retreat on Wednesday after a setback in vaccine optimism with investors refocusing on the downbeat economic outlook induced by COVID-19," economists at ING said in a note. Leading losses in Southeast Asia, Singapore's Straits Times Index snapped three sessions of gains and fell 1%, with industrial stocks weighing the most, even as the city-state looks to restart its economy with a phased easing of restrictions.
* Govt stimulus driving Indonesian shares higher - analyst * Vietnam to offer cash to low-income earners hit by virus By Arundhati Dutta April 1 (Reuters) - Indonesia and Vietnam stocks rose on Wednesday as risk appetite was whetted by government measures to cushion the economic impact of the fast-spreading coronavirus, while Singapore shares slipped following sharp gains in the previous session. PT Bank Central Asia Tbk and PT Bank Mandiri (Persero) Tbk rose more than 4% each. Sebastian Tobing, an equity strategist with Trimegah Sekuritas Indonesia, attributed the rise to the government's stimulus measures.
* Most have worst quarter in over 2 decades * Indonesia bans all arrivals and transit by foreigners * Vietnam to begin 15 days of social distancing By Arundhati Dutta March 31 (Reuters) - Most Southeast Asian markets recorded their worst monthly drop since 2008 as the coronavirus pandemic pummelled their economies, although strong factory data from China pushed most of the indexes higher on Tuesday. On the upside, factory activity in China - the region's biggest trading partner - unexpectedly expanded in March from a collapse in the previous month, though analysts warn that the global pandemic would continue to pressure the economy. Thailand's current account surplus was $5.4 billion in February, up from a surplus of $3.44 billion in the previous month, the central bank said on Tuesday.
* Indonesian President plans stricter movement restrictions * Vietnamese PM orders suspension of public transport services * Thailand earmarks $15 bln stimulus package By Arundhati Dutta March 31 (Reuters) - Southeast Asian stock markets rose on Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating. China's official Purchasing Managers' Index rose to 52 in March from a collapse to a record low of 35.7 in February, but analysts cautioned the index might overstate the true improvement as firms could be reporting expansion after a forced stoppage. Indonesian President Joko Widodo said on Monday he planned stricter rules on mobility and social distancing.
* 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.
* 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.
* China reports 5,000 new virus cases, ship disembarks in Cambodia * The Philippine index leads declines, down up to 0.7% * Oil prices set for first weekly gain in six, lift Thai index * Singapore set for biggest weekly gain in over 3 months By Arundhati Dutta Feb 14 (Reuters) - Southeast Asian stock markets were subdued on Friday as renewed doubts about the scale of coronavirus outbreak spooked investors, while the Thai index rose with its prominent energy sector gaining as oil prices extended their week-old recovery. Financial markets have hinged on virus headlines through the week and rallied at any sign of infections easing.
The viral outbreak, which claimed almost 640 lives, continued to grip markets. China was confident it could defeat the epidemic with no long-term economic consequences, Xi told U.S. President Donald Trump in a telephone call, according to state television. Customs office in China - the region's biggest trading partner - said on Friday that it will not issue preliminary trade data for January but would combine it with February numbers.
* China markets recover after a $400 bln wipeout * Singapore index posts best session since Sept. 11, 2019 * Malaysian equities set to snap 10 sessions of losses By Shruti Sonal Feb 4 (Reuters) - Most Southeast Asian stock markets rebounded on Tuesday, tracking a recovery in China stocks amid official efforts to calm virus fears, while surprise strength in U.S. manufacturing activity also lent support. The Shangai Composite index recovered some lost ground, following a $400 billion wipeout on Monday, after China said it would welcome assistance from the United States to fight a coronavirus outbreak. Analysts believe that the slowing rate of new confirmed cases outside China will help mitigate investor anxiety.
* Singapore shares logs worst session since Aug 2019 * Singapore Airlines closes at near 17-year low * Thai stocks end lower for seventh straight session By Arpit Nayak Jan 28 (Reuters) - Southeast Asian shares tumbled on Tuesday and Singapore stocks fell the most after the city-state said the coronavirus outbreak in China, its biggest trading partner, would bruise its economy this year. The massive jump in outbound Chinese tourists since 2002, the fact that the coronavirus is infectious during incubation and its unknown origins are the most worrisome factors, said Vishnu Varathan, senior economist at Mizuho Bank, in a note. Singapore stocks pared early losses to close about 1.8% lower, with lender DBS Group Holdings shedding more than 1.3% and conglomerate Jardine Matheson Holdings JARD.SI down about 1.9%.
* Singapore posts biggest intraday pct drop since May 2019 * Conglomerate Jardine Matheson slips 4.5% to one-month low * Malaysia down for sixth session, Malaysia Airports slumps By Arpit Nayak Jan 28 (Reuters) - Singapore shares lost 3% on Tuesday, their biggest intraday drop in more than eight months, after the city-state said the coronavirus outbreak would hit its economy this year. Wall Street equities tumbled overnight as China stepped up preventive measures, imposed travel restrictions and extended the Lunar New Year holidays to limit the spread of the virus. Doubts have emerged whether Beijing can contain the virus that has spread to more than 10 countries as the death toll in China rose rapidly to 106 from 81 a day earlier.
* Worries about China virus grow ahead of Lunar New Year * Data shows Singapore inflation picked up slightly in Dec * Indonesia's central bank keeps interest rates unchanged * Philippine cenbank says 7% growth attainable in 2020 By Soumyajit Saha Jan 23 (Reuters) - Most Southeast stock markets ended lower on Thursday as mounting concerns of a coronavirus outbreak in China sapped confidence, while the Philippine index marked its best session in more than three months as traders picked up beaten-down stocks. Investors remained anxious about the spread of the virus as China ordered a lockdown on Wuhan, a central Chinese city of 11 million people, ahead of the travel-heavy Chinese New Year holiday. Leading losses in the region, Singapore shares hit their lowest close in two weeks with United Overseas Bank falling 0.7% and conglomerate Jardine Matheson Holdings dropping 1.5%.
* Singapore closes at over 2-month high * Indonesia rises for fourth straight session * China Dec exports up 7.6% y/y, beats forecast By Sameer Manekar Jan 14 (Reuters) - Most Southeast Asian stock markets ended higher on Tuesday, underpinned by optimism on the imminent signing of a Phase 1 trade deal between the United States and China, with Singapore leading gains lifted by the industrial sector. Under the terms of the trade deal to be signed on Wednesday in Washington, China has pledged to buy nearly $80 billion worth of additional manufactured goods from the United States over the next two years, and would also buy more than $50 billion more in energy supplies, a source told Reuters on Monday.
Major U.S. indexes closed at record highs on Monday, while MSCI's world shares gauge scaled an all-time peak on Tuesday, boosted by the trade deal optimism. Giving more details about the trade deal document, U.S. Trade Representative Robert Lighthizer said on Monday the language translation was almost completed and would be made public on Wednesday, just prior to the signing ceremony. Aiding sentiment further, the U.S. Treasury Department on Monday dropped China's designation as a currency manipulator, seen widely as a symbol of goodwill for Chinese officials.
* Philippines ends at a three-week low * Singapore recovers most of its early losses * Vietnam slips to over six-month low By Sameer Manekar Jan 8 (Reuters) - Southeast Asian equities slumped on Wednesday, with Thailand taking the biggest hit, as investors scurried from riskier assets due to rising tensions in the Middle East after Iran fired rockets at U.S.-led forces in Iraq. Financials and industrials were among the top drags on the index, with Kasikornbank Pcl and Airports of Thailand losing 2.1% and 1%, respectively. Iran fired more than a dozen missiles against at least two Iraqi facilities hosting U.S.-led coalition personnel.
* China exports shrink for fourth consecutive month * Thailand posts ninth straight session of falls * Malaysia snaps 2 sessions of gains By Arundhati Dutta Dec 9 (Reuters) - Most Southeast Asian markets weakened on Monday, as worries over poor economic data from China offset Wall Street cheer on strong U.S. jobs data, while investors buckled in for a crucial week of trade negotiations. Chinese exports eased for the fourth straight month in November, implying that the 17-month long trade standoff with the United States was weighing on Southeast Asia's largest trading partner. "China's insistence for U.S. tariff rollbacks remains a critical redline, " DBS Group Research wrote in a note.
* Hong Kong human rights bill could hamper trade talks * Indonesia set for sixth straight day of losses * The Philippines falls most, down 0.7% By Arundhati Dutta Nov 28 (Reuters) - Southeast Asian markets fell on Thursday as investors feared the U.S. government's decision to sign a bill backing protesters in Hong Kong could thwart Beijing and Washington from defusing their 16-month trade dispute. Mass protests for more democracy and autonomy have rocked the former British colony for six months, with escalating violence and fears that China will ratchet up its response to end the unrest. China's Foreign Ministry said it will take "firm counter measures" if the United States continues to interfere in Hong Kong after Trump on Wednesday signed into law congressional legislation backing pro-democracy protesters in Hong Kong.
* Singapore flat after data showed Oct core inflation eased * The Philippines falls most, loses 0.8% * Higher oil prices support Thai energy stocks By Arundhati Dutta Nov 25 (Reuters) - Trading in most Southeast Asian stock markets were subdued on Monday, while Thailand eked out modest gains, as investors await concrete signals of progress in the U.S.-China trade negotiations amid mixed headlines. Investors welcomed signs that talks to resolve the trade row were moving to the next level after the U.S. national security adviser Robert O'Brien said there was still a possibility of an initial "phase one" deal with China by the end of this year. The Singapore index was trading flat after data showed that the city-state's core inflation rate had eased to its weakest level in over three years in October.
* Lack of detail about trade talk progress weighs on sentiment * Malaysian palm oil exports to meet EU standards by 2021 * Singapore falls to near 3-week low, Jardine Matheson down By Arundhati Dutta Nov 19 (Reuters) - Most Southeast Asian stock markets fell on Tuesday as lack of significant progress in U.S.-China trade talks kept investors on the edge, while Malaysia slipped after the government announced new food safety standards for its vital palm oil industry. "The trade-talks are starting to look more like an iceberg, and not a lighthouse," Jeffrey Halley, senior market analyst for Asia Pacific at OANDA said in a note. The closer markets were getting to the looming Dec. 15 deadline, when a new set of U.S. tariffs on Chinese imports will kick in if a deal is not met, the more lonely equity markets are starting to look, he added.
* China's Oct industrial output grew slower than expected * Philippine shares at near 4-week low * Thai cenbank to lower growth outlook for 2019 & 2020 By Anushka Trivedi Nov 14 (Reuters) - Most Southeast Asian stock markets declined on Thursday, as dismal economic print from China and rising uncertainty over a highly-anticipated Sino-U.S. trade deal weighed on risk sentiment. Indonesian stocks dropped the most in the region after data showed China's industrial output grew significantly slower than expected in October, reinforcing views that long-drawn trade war with United States is taking a toll on the world's second-largest economy. "The latest news added to the sense that the path to any trade deal remains riddled with uncertainties and contributed to the relatively lower market risk appetite," OCBC analysts said in a note.
* Markets await Trump's speech * Bangkok Life Assurance posts upbeat quarterly results * Vietcombank rises on deal with FWD Group By Anushka Trivedi Nov 12 (Reuters) - Southeast Asian markets eked out modest gains on Tuesday, with trade-sensitive Singapore shares rising the most as investors eagerly await a key speech by U.S. President Donald Trump for clues on a U.S.-China trade deal. Later in the day, Trump is scheduled to address U.S. trade policy at the Economic Club of New York, and markets will tune in for any upbeat commentary since his remark on Friday, that he had not agreed to roll back tariffs, had dented prospect of an imminent trade pact. In a low volume session, Singapore shares jumped 0.8% on strength in industrial stocks.
* Philippine shares on track to slide for 3rd session * BSP says Aug FDI net flows dropped significantly * Telcos boost Thai stocks By Anushka Trivedi Nov 12 (Reuters) - Philippine shares dropped to their lowest in almost two weeks on Tuesday, pulled lower by financials stocks, while Singapore led gains in Southeast Asia ahead of retail sales data due later in the day. The benchmark Philippine index dropped 0.4% after the country's central said on Monday that foreign direct investments (FDI) net inflows decreased to $416 million in August from $758 million a year ago as ongoing uncertainty in the global environment dampened sentiment. Singapore shares advanced 0.3%, after losing about 1.4% in the past two sessions on weakness in industrial stocks.
* Singapore top loser, falls most in one month * Indonesia rises as central bank sees improved Q4 GDP * Philippines rises for fifth consecutive week By Sameer Manekar Nov 8 (Reuters) - Most Southeast Asian markets closed lower on Friday, as a report on internal opposition in Washington to tariff rollback on Chinese goods trumped optimism over the possibility of an interim Sino-U.S. trade deal. Malaysia's benchmark index inched up to close at over two-month high.