JAKARTA, March 4 (Reuters) - Southeast Asian stock markets
traded mixed on Wednesday as stocks in the Philippines rose on
hopes of easing inflation while Indonesian shares were down
after touching a fresh intraday record on Tuesday.
The Philippines' main stock index <.PSI> closed 0.9 percent
higher on Wednesday, its biggest single-day gain in a month.
The index was supported by property stocks such as Ayala
Land Inc <ALI.PS> , which gained 4 percent and Robinsons Land
Corp <RLC.PS> which rose 2.8 percent.
Some investors are expecting inflation to ease, said Astro
del Castillo, managing director of First Grade Finance Inc, an
investment house in Manila. Philippines' February inflation data
will be out on Thursday.
"Interest rates will be flat for the rest of the year, which
is good for the property sector," del Castillo said.
The Vietnam market <.VNI> closed at its highest since Nov.
17 on solid inflows into blue-chips from both foreign and
domestic investors. ID:nL4N0W62W1
The Indonesian main stock index <.JKSE> fell 0.5 percent
after touching a new intraday high on Tuesday at 5,499.77.
Indonesian state-controlled coal miner PT Bukit Asam Tbk
<PTBA.JK> lost 2 percent after reporting lower 2014 profit,
erasing some of its 4.3 percent gain in the past three days.
Singapore <.FTSTI> closed 0.2 percent lower, while Malaysia
<.KLSE> rose 0.2 percent. The Thai stock market <.SETI> is
closed for a public holiday on Wednesday.
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[.SI] [.KL] [.BK]
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
Singapore 3415.53 3422.11 -0.19
Kuala Lumpur 1825.54 1821.25 +0.24
Bangkok - 1582.14 -
Jakarta 5448.06 5474.62 -0.49
Manila 7847.83 7776.51 +0.92
Ho Chi Minh 600.39 596.72 +0.62
Change on year
Market Current End 2014 Pct Move
Singapore 3415.53 3365.15 +1.50
Kuala Lumpur 1825.54 1761.25 +3.65
Bangkok 1582.14 1497.67 +5.64
Jakarta 5448.06 5226.95 +4.23
Manila 7847.83 7230.57 +8.54
Ho Chi Minh 600.39 545.63 +10.0
(Reporting by Fransiska Nangoy; Additional reporting by Neil
Jerome Morales in MANILA; Editing by Biju Dwarakanath)
((Fransiska.Nangoy@thomsonreuters.com; +62 21 2992 7610;
Keywords: MARKETS SOUTHEAST ASIA STOCKS/