By Rushil Dutta
Dec 26 Thai shares closed higher for a second
straight session on Monday in thin trading as strong November
trade data briefly invigorated the market in an otherwise quiet
The benchmark stock index, which ended up 0.35
percent, or 5.25 points, rose as much as 0.47 percent after data
showed customs-cleared exports rose 10.2 percent in November. A
Reuters poll had forecast a 1.55 percent rise.
The percentage gain was the highest for a month since
February, and paired with a 3 percent rise in imports produced a
trade surplus of $1.54 billion, triple the expectation.
Gains were broad-based, with Airports of Thailand
leading the rise by adding 1.6 percent.
Convenience store chain CP All PCL climbed 1.2
percent, pushing the consumer sector higher, while the country's
biggest bank by market value, Siam Commercial Bank,
added 1.4 percent.
Vietnam shares erased early gains of up to 0.2
percent to finish 0.3 percent lower as consumer staples
Vietnam Dairy Products JSC and Saigon Beer Alcohol
Beverage Corp lost 1.2 percent and 1.5 percent,
The energy sector was dragged down by a 1.5 percent fall in
Petrovietnam Gas Joint Stock Corp shares.
Stock markets in Singapore, Malaysia, Indonesia and the
Philippines were closed for Christmas.
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SOUTHEAST ASIAN STOCK MARKETS: Change on day
Market Current Previous Pct Move
Bangkok 1515.23 1509.98 0.35
Ho Chi Minh 662.45 664.37 -0.29
Change on year
Market Current End 2015 Pct Move
Singapore 2871.05 2882.73 -0.41
Bangkok 1514.1 1288.02 17.55
Manila 6563.67 6952.08 -5.59
Jakarta 5027.704 4593.008 9.46
Kuala Lumpur 1617.15 1692.51 -4.45
Ho Chi Minh 662.45 579.03 14.41
(Reporting by Rushil Dutta; Editing by Subhranshu Sahu)