Reuters: Hot Stocks: SE Asia Stocks-Most up, Indonesia falls on profit-taking

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SE Asia Stocks-Most up, Indonesia falls on profit-taking Jul 22nd 2013, 05:47 Tweet Share this Email Print Mon Jul 22, 2013 1:47am EDT July 22 (Reuters) - Most Southeast Asian markets gained on Monday on expectations of strong quarterly results due in major financial centres over the next few weeks. Singapore's Straits Times Index rose 0.47 percent, led by gains in shares of CNA Group and Singtel . CNA Group stocks soared 7.41 percent, while Singtel shares rose 1.32 percent. The Philippines index, Malaysia's stock index and Vietnam edged up about 0.1 percent. However, Jakarta's Composite Index fell 0.57 percent to 4697.44, pressured by profit-taking in blue chip stocks , which dropped 0.94 percent. A weak Indonesian rupiah could hurt performance of corporates, which have higher exposure to U.S dollar, MNC Securities said in a note on Monday. Thailand market was closed for a public holiday. For Asian Companies click For South East Asia Hot Stock reports, click; SOUTHEAST ASIAN STOCK MARKETS Change at 0505 GMT Market Current Prev Close Pct Move TR SE Asia Index* 434.09 434.28 -0.12 Singapore 3228.35 3213.26 +0.47 Kuala Lumpur 1799.54 1797.74 +0.1 Bangkok 1481.84 1481.84 0.00 Jakarta 4697.44 4724.41 -0.57 Manila 6630.72 6621.02 +0.15 Ho Chi Minh 504.70 503.76 +0.19 (Reporting by Andjarsari Paramaditha in Jakarta; Editing by Anand Basu) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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