AGL 38.20 Increased By ▲ 0.05 (0.13%)
AIRLINK 129.30 Increased By ▲ 4.23 (3.38%)
BOP 7.85 Increased By ▲ 1.00 (14.6%)
CNERGY 4.66 Increased By ▲ 0.21 (4.72%)
DCL 8.35 Increased By ▲ 0.44 (5.56%)
DFML 38.86 Increased By ▲ 1.52 (4.07%)
DGKC 82.20 Increased By ▲ 4.43 (5.7%)
FCCL 33.64 Increased By ▲ 3.06 (10.01%)
FFBL 75.75 Increased By ▲ 6.89 (10.01%)
FFL 12.83 Increased By ▲ 0.97 (8.18%)
HUBC 110.72 Increased By ▲ 6.22 (5.95%)
HUMNL 14.03 Increased By ▲ 0.54 (4%)
KEL 5.22 Increased By ▲ 0.57 (12.26%)
KOSM 7.69 Increased By ▲ 0.52 (7.25%)
MLCF 40.08 Increased By ▲ 3.64 (9.99%)
NBP 72.51 Increased By ▲ 6.59 (10%)
OGDC 189.18 Increased By ▲ 9.65 (5.38%)
PAEL 25.74 Increased By ▲ 1.31 (5.36%)
PIBTL 7.38 Increased By ▲ 0.23 (3.22%)
PPL 153.45 Increased By ▲ 9.75 (6.78%)
PRL 25.52 Increased By ▲ 1.20 (4.93%)
PTC 17.92 Increased By ▲ 1.52 (9.27%)
SEARL 82.50 Increased By ▲ 3.93 (5%)
TELE 7.63 Increased By ▲ 0.41 (5.68%)
TOMCL 32.50 Increased By ▲ 0.53 (1.66%)
TPLP 8.48 Increased By ▲ 0.35 (4.31%)
TREET 16.74 Increased By ▲ 0.61 (3.78%)
TRG 56.01 Increased By ▲ 1.35 (2.47%)
UNITY 28.85 Increased By ▲ 1.35 (4.91%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,684 Increased By 595 (5.9%)
BR30 31,445 Increased By 1935.9 (6.56%)
KSE100 99,269 Increased By 4695.1 (4.96%)
KSE30 31,032 Increased By 1587.6 (5.39%)

Singapore shares fell for a fourth straight session on Thursday, dragged down by industrials and financials, while Philippine stocks rose for a second time in three days. Asian shares hovered above two-month lows as some high-tech bellwethers bounced back after a searing sell-off although softer oil and copper prices and uncertainty over US policy kept many investors cautious.
Investors are looking to final tax reform legislation in the United States, where a potential US government shutdown looms if Congress fails to agree on a spending package. Singapore's FTSE Straits Times Index, which had shed 1.5 percent this week as of Wednesday's close, closed 0.3 percent lower.
"Yesterday was quite bad_ I guess it was part of the broader selloff_ So I think now it's just waiting for the next catalyst, which is the Senate and House having to reconcile their tax bill," said Joel Ng, an analyst at KGI Securities in Singapore. Jardine Matheson Holdings dropped 2.2 percent and Jardine Strategic Holdings declined 2.9 percent.
However, property stocks rose with City Developments climbing 4.6 percent. "They are probably rangebound at this level, so I think you are starting to see investors coming in, in view of the positive outlook over the next few years for property," Ng added.
Philippine shares closed more than half a percent higher, helped by gains in telecom and energy stocks. PLDT Inc rose 1.7 percent, while Semirara Mining and Power Corp jumped 7 percent.
Indonesian shares closed 0.5 percent lower, snapping three consecutive sessions of gains, with fiinancials leading the decline An index of the country's 45 most liquid stocks dropped 0.6 percent.
Malaysian stocks closed little changed with a 6 percent rise in Sime Darby Plantation negating losses in Telekom Malaysia and IJM Corp Bhd. Vietnam dropped 1 percent, extending falls into a third session, hurt by losses in Vietnam Dairy Products JSC and Saigon Beer Alcohol Beverage Corp.

Comments

Comments are closed.