AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Stock markets in southeast Asia were largely cautious on Tuesday as investors weighed up a mixed bag of economic data out of China while the Philippine index slumped to an over-11-month low. China's economy grew 6.8 percent in the first quarter of 2018 from a year earlier, official data showed, unchanged from the previous quarter. But separate data showed March industrial output missed expectations and first-quarter fixed-asset investment growth slowed, tempering equity market sentiment.
MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.5 percent. Philippine shares closed 1.9 percent lower, marking a third consecutive session of losses. There has been strong selling in the Philippines since late February, said Fio Dejesus, an analyst at Manila-based RCBC Securities. Although consolidation began last month, investors still seem bearish, he said, adding the index might pick up from the 7,500 level. The index has fallen 9.8 percent so far this year.
Financials were among the biggest losers, with BDO Unibank Inc, SM Investments Corp and Bank of the Philippine Islands falling between 1.7 percent and 3.6 percent. Indonesian shares were little changed as losses in financials outweighed gains in energy stocks. Bank Mandiri (Persero) Tbk PT fell 2.2 percent, but losses on the index were capped by a 4.4 percent gain in United Tractors Tbk PT.
Singapore shares closed marginally higher. Top lender Oversea-Chinese Banking Corp Ltd climbed 1 percent to a near-four-week high, while DBS Group Holdings Ltd closed up 0.6 percent, hitting its highest in nearly five weeks. Malaysian shares clocked their eighth winning session in nine, ending up 0.1 percent after hitting their highest in three and a half years earlier.
Gains from lender CIMB Group Holdings Bhd and telecom company DiGi.Com Bhd kept the index afloat. Vietnam shares closed up 0.4 percent, while Thai shares fell 0.7 percent.

Copyright Reuters, 2018

Comments

Comments are closed.