SE Asian stocks mixed, Indonesia hits all-time high

Published: November 02, 2017 11:20:01 | Updated: November 03, 2017 12:02:43


File Photo (Reuters)

Southeast Asian were mixed on Thursday, Indonesian shares scaled an all-time high, while Singapore fell 1.0 per cent with financials and industrials leading the decline.

Indonesia's Jakarta IDX Composite Index rose as much as 0.6 per cent to a record high of 6,081.87, extending gains into a third session.

An index of the 45 most liquid stocks in Indonesia followed suit, rising as much as 1.6 per cent to a record high of 1,011.911, according to Reuters.

Telkom Indonesia jumped as much as 4.0 per cent, while Bank Central Asia, the nation's largest bank by market value, climbed up to 1.4 per cent to a record high.

Philippine shares rose as much as 1.7 per cent after two days of holidays. Financials and industrials were among the top gainers.

Singapore shares were down for a third session in four, dragged by financials and industrials.

Oversea-Chinese Banking Corp declined 1.8 per cent, while Sembcorp Industries fell 1.5 per cent.

Thai shares dropped as much as 0.5 per cent, weighed down by financial and telecom stocks.

Telecom services provider Total Access Communication fell 5.9 per cent, while Kasikornbank dropped 1.3 per cent.

Vietnam shares jumped as much 0.8 per cent, driven by gains in financials and consumer staples, before reversing course to trade marginally lower.

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