ASEAN KEY DESTINATIONS
As of 15 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 5,798.88 4,595.26 1,203.62
Proprietary 7,218.10 6,220.64 997.46
Foreign 7,351.79 6,361.50 990.28
Individual 25,983.18 29,174.54 -3,191.36
Total Trading Value 46,351.94 M.Baht
Vietnam's benchmark VN Index inched up 0.43 percent after four falls in a row, but investors were still cautious, awaiting third-quarter earnings expected next week and more news on a U.S. budget deal, analysts said on Tuesday.
The average volume so far this week is 44.5 million shares per day, down from 65.7 million shares per day last week.
"This shows that investors are cautious, awaiting news on the third quarter's results and on the U.S. debt," said analyst Giang Trung Kien of FPT Securities.
But analysts expect the index to rise next week as forecasts show solid business results of firms in the third quarter and U.S. senators hinted at possible fiscal deal on Tuesday.
"The index is seen positive overall," Kien said.
Shares of real estate developer Itaco led the gain, rising 1.75 percent. Top insurer Baoviet Holdings advanced 0.79 percent, and dairy products maker edged up 0.71 percent.
Here is a snapshot of the VN Index
VN Index 495.72
PREV. CLOSE 493.62
% CHANGE 0.43%
Thai stocks rose for a sixth session on Tuesday, while Vietnam's shares ended four days of falls, joining global equities in gains on hopes of a U.S. budget deal, with investors buying shares in Thai banks ahead of the reporting season.
Bangkok's SET index ended up 0.9 percent at 1,472.90, its highest close in more than three weeks, pushing the benchmark close to a key 1,500 mark last hit in late July.
Shares of large-cap banks outperformed, including Krung Thai Bank Pcl, Kasikornbank Pcl, Siam Commercial Bank Pcl and Bangkok Bank Pcl . They are due to report their July-September earnings from this week to Oct. 22.
Vietnam's benchmark VN Index inched up 0.4 percent, but investors were still cautious, awaiting third-quarter earnings expected next week.
Stock exchanges in Singapore, Malaysia, Indonesia and the Philippines are shut for a market holiday and will re-open on Wednesday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 417.24 415.74 +0.36
Bangkok 1472.90 1459.84 +0.89
Ho Chi Minh 495.72 493.62 +0.43
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