The Financial Express

Southeast Asian stocks nearly flat in thin trading

| Updated: June 17, 2019 10:54:01

File Photo (Reuters) File Photo (Reuters)

Southeast Asian stock markets traded in a tight range on Friday as investors awaited a host of data from China, with Philippines shedding nearly 1.0 per cent on the back of industrials.

Philippine shares fell 0.9 per cent but the bourses headed for a fourth straight weekly gain.

JG Summit Holdings Inc declined 2.1 per cent, while International Container Terminal Services Inc dropped 2.4 per cent.

ICT shares had gained 8.0 per cent this week up to last close, while JG Summit had gained 3.3 per cent, according to a Reuters report.

Indonesian stocks slid 0.3 per cent, dragged by consumer stocks. Unilever Indonesia Tbk Pt dropped 0.9 per cent.

For the week, however, the key Jakarta stock index was up 1.3 per cent.

Vietnam stocks gained 0.4 per cent on the back of financials, but were down 0.9 per cent for the week.

sepnil-desktop-ad-the-financial-express sepnil-mobile-ad-the-financial-express

Share if you like