AGL 37.90 Decreased By ▼ -0.25 (-0.66%)
AIRLINK 128.25 Increased By ▲ 3.18 (2.54%)
BOP 7.21 Increased By ▲ 0.36 (5.26%)
CNERGY 4.54 Increased By ▲ 0.09 (2.02%)
DCL 8.20 Increased By ▲ 0.29 (3.67%)
DFML 38.60 Increased By ▲ 1.26 (3.37%)
DGKC 79.80 Increased By ▲ 2.03 (2.61%)
FCCL 32.00 Increased By ▲ 1.42 (4.64%)
FFBL 72.87 Increased By ▲ 4.01 (5.82%)
FFL 12.21 Increased By ▲ 0.35 (2.95%)
HUBC 109.29 Increased By ▲ 4.79 (4.58%)
HUMNL 13.93 Increased By ▲ 0.44 (3.26%)
KEL 4.97 Increased By ▲ 0.32 (6.88%)
KOSM 7.40 Increased By ▲ 0.23 (3.21%)
MLCF 37.90 Increased By ▲ 1.46 (4.01%)
NBP 70.40 Increased By ▲ 4.48 (6.8%)
OGDC 186.99 Increased By ▲ 7.46 (4.16%)
PAEL 25.05 Increased By ▲ 0.62 (2.54%)
PIBTL 7.30 Increased By ▲ 0.15 (2.1%)
PPL 150.30 Increased By ▲ 6.60 (4.59%)
PRL 25.08 Increased By ▲ 0.76 (3.13%)
PTC 17.02 Increased By ▲ 0.62 (3.78%)
SEARL 81.00 Increased By ▲ 2.43 (3.09%)
TELE 7.49 Increased By ▲ 0.27 (3.74%)
TOMCL 32.55 Increased By ▲ 0.58 (1.81%)
TPLP 8.49 Increased By ▲ 0.36 (4.43%)
TREET 16.50 Increased By ▲ 0.37 (2.29%)
TRG 56.40 Increased By ▲ 1.74 (3.18%)
UNITY 27.79 Increased By ▲ 0.29 (1.05%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 10,427 Increased By 338.2 (3.35%)
BR30 30,738 Increased By 1229.4 (4.17%)
KSE100 97,566 Increased By 2991.6 (3.16%)
KSE30 30,417 Increased By 971.7 (3.3%)

Most Southeast Asian stock markets ended higher on Friday, led by Thailand, tracking gains in broader Asia as strong Chinese trade data and optimism ahead of the US corporate earnings season buoyed sentiment. Asian shares ex-Japan rose 0.8 percent following two sessions of declines, after data showed China's exports rose 10.8 percent in 2017.
Wall Street's three major stock indexes hit record highs overnight with earnings for S&P 500 companies expected to have increased by 11.8 percent in the recently-ended quarter, according to Thomson Reuters I/B/E/S. "We are looking at a bullish outlook globally, in terms of economic growth," said Jose L. Vistan, research head at Manila-based AB Capital Securities.
Thai shares closed 0.4 percent up, after hitting a record of 1,816.81, helped by gains in financials and utilities. Siam Commercial Bank PCL rose 2.6 percent while Gulf Energy Development PCL surged 9.3 percent to a record. The index ended the week 1 percent higher, its seventh straight weekly gain.
The Philippine index pared early gains to end flat as a rise in real estate stocks was offset by a fall in consumer staples. It finished higher for a sixth straight week. "Given the strong growth globally, the Philippines stands out because we are projected to be the fastest growing in Southeast Asia, which is attracting a lot of attention from investors," Vistan added.
Singapore shares snapped two sessions of losses and ended 0.2 percent higher as sentiment got a boost after data showed the city-state's on-year retail sales in November jumped the highest in nearly two years. Industrials and financials ended higher, with SATS Ltd, the top performer on the index, adding 2.9 percent.
The benchmark index rose 0.9 percent on the week, marking its third straight weekly gain. Vietnam settled 0.2 percent higher, led by real estate stocks. Vingroup Joint Stock Company rose 5.4 percent. The index posted its fourth weekly gain, adding 3.7 percent. Meanwhile, Indonesian shares reversed course to end 0.3 percent lower, but finished the week marginally higher.

Copyright Reuters, 2018

Comments

Comments are closed.