ASEAN KEY DESTINATIONS
Vietnam's VN Index rebounded from Thursday's fall to end up 0.48 percent at 500.62 points on Friday, supported by buying demand for several blue chips even as volume was low.
Shares in confectionary firm Kinh Do Corp gained 1.92 percent to end at 53,000 dong ($2.5), while PetroVietnam Gas , Vietnam's biggest listed firm by market value, closed up 1.48 percent at 68,500 dong.
"Volume, however, has been falling and investors are still waiting for better news that could help boost liquidity," said a Vietnamese trader in Hanoi.
Volume edged down to 27.86 million shares on Friday, down by a nearly a third from an average volume of 42 million shares per day in July, Ho Chi Minh Stock Exchange data show.
Here is a snapshot of the VN Index at the close
VN Index 500.62
PREV. CLOSE 498.22
% CHANGE 0.48%
As of 09 Aug 2013 Unit: M.Baht
Type Buy Sell Net
Institution 4,094.68 2,175.15 1,919.54
Proprietary 4,009.45 5,619.75 -1,610.30
Foreign 6,985.40 8,337.31 -1,351.91
Individual 16,154.82 15,112.14 1,042.68
Total Trading Value 31,244.35 M.Baht
Thai stocks retreated 1 percent on Friday, trimming some of its gains on the week, as cautions about political development at home spurred late selling ahead of a three-day weekend while Vietnam extended gains for a second week led by blue chips.
The Thai benchmark SET index closed at 1,432.25, ending four sessions of gains, with local brokers attributing the market fall to a "follow-through selling" after the index broke below a key technical support level of 1,440.
It was still up 0.8 percent on the week, the second-best performer after Vietnam's VN index , which rose 1.2 percent on the week.
The Thai exchange posted $289 million worth of net foreign selling over six sessions to Thursday amid domestic political tensions.
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 424.68 425.03 -0.08
Bangkok 1432.25 1447.16 -1.03
Ho Chi Minh 500.62 498.22 +0.48
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