US STOCKS SNAPSHOT-Wall St ends little changed ahead of holiday
NEW YORK, May 26 U.S. stocks ended little changed on Friday ahead of a holiday weekend, though major indexes snapped a two-week streak of losses.
Feb 20 Most Southeast Asian stock markets edged up in thin trade on Monday, mirroring mild gains in Asian shares, with investors cautious in the absence of firm triggers ahead of a busy week for U.S. Federal Reserve events. On the interest rates front, no less than five heads of regional Federal Reserve banks are due to speak this week while Fed Board Governor Jerome Powell appears on Wednesday, when minutes of the last policy meeting are also due. Separately, in a speech in Singapore on Monday, Cleveland Federal Reserve President Loretta Mester said she would be comfortable raising interest rates at this point if the economy maintained its current pace of performance. Philippine shares rose 0.5 percent as investors hunted for bargains, with total volumes at about 73 percent of their 30-day average. State-owned PTT Exploration and Production PCL ended 2.2 percent higher, while Thai Oil PCL was up 1.3 percent. Foreign investors net sold 393.8 million pesos ($7.82 million) worth of shares. The Philippine peso earlier slipped to its lowest level in over a decade, undermining dollar-based returns for foreign investors. In Thailand, the key SET index crept higher, helped by energy and basic materials stocks, which benefited as the dollar slipped. The index, which opened about 0.2 percent higher, quickly lost all gains to trade lower for most of the session after the country's planning agency reported poor economic data for the fourth quarter. [ Indonesian shares finished 0.2 percent higher, led by energy and consumer cyclical stocks. Automotive business Astra International was up 0.6 percent, while United Tractors and Adaro Energy added more than 2 percent each. Singapore shares however fell 0.4 percent, with industrials such as Jardine Matheson Holdings dropping 1.7 percent. Financial firms DBS Group and United Overseas Bank shed 0.5 percent and 0.3 percent, respectively. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent as of 1031 GMT. For Asian Companies click; SOUTHEAST ASIAN STOCK MARKETS: Change on day Market Current Previous Pct Move Close Singapore 3096.69 3107.65 -0.35 Bangkok 1578.47 1577.84 0.04 Manila 7281.19 7244.79 0.50 Jakarta 5359.288 5350.932 0.16 Kuala Lumpur 1712.58 1707.68 0.29 Ho Chi Minh 710.59 707.83 0.39 Change on year Market Current End 2016 Pct Move Singapore 3096.69 2880.76 7.50 Bangkok 1578.47 1542.94 2.30 Manila 7281.19 6840.64 6.40 Jakarta 5359.288 5296.711 1.18 Kuala Lumpur 1712.58 1641.73 4.32 Ho Chi Minh 710.59 664.87 6.90 ($1 = 50.3780 Philippine pesos) (Reporting by Rushil Dutta; Editing by Biju Dwarakanath)
* Dow flat, S&P up 0.02 pct, Nasdaq up 0.03 pct (Updates to late afternoon)