SE Asia Shares-Most rise as native economies set to ease curbs, Philippines jumps almost 5%

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    * Malaysia has reported greatest month since July 2018
    * Thailand reverses course, up 0.4%
    * The Philippines posts greatest day by day achieve in 2 months

    By Arundhati Dutta
    Might 29 (Reuters) - Philippine shares jumped almost 5% on
Friday amid final minute shopping for of blue-chip shares, whereas most
different Southeast Asian markets closed up as a number of native
economies are set to re-open after weeks below lockdown. 
     Markets in Southeast Asia largely ignored international issues
round a Sino-U.S. scuffle over Beijing tightening its management
over Hong Kong, selecting to as an alternative deal with easing mobility
restrictions within the Philippines, Thailand and Indonesia.
 
    Within the Philippines, President Rodrigo Duterte eased one among
the world's hardest curbs in its capital Manila.
    Main positive aspects, the native benchmark closed up 4.8%
with index heavyweights equivalent to BDO UniBank Inc, SM
Investments and Ayala Corp surging between 8.8%
and 11% earlier than the closing bell. 
    Thailand adopted swimsuit with bulletins of shortened
curfew hours and relaxed restrictions from subsequent week - following
which the benchmark recovered from a 1% drop earlier in
the session to shut up 0.4%.
    Client Staples led the positive aspects, with comfort retailer
operator CP All Pcl including 1.4%. 
    Alongside the identical strains, Indonesian native media here
 reported that plans had been underway to impose "new normal"
protocols throughout 4 provinces, together with Jakarta. 
    The benchmark closed up 0.8%, with client
discretionary and client staple shares contributing to most of
the positive aspects.  
    Malaysian shares ended up 1.1% and had their greatest
month since July 2018. 
    Heavyweights Hartalega Holdings, Petronas Fuel
 and Petronas Dagangan added between 9.4% and
12.6% for the day. 
    Shares in Vietnam jumped on actual property shares, whereas
Singapore, down 0.2%, was the only loser within the area. 
      
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SOUTHEAST ASIAN STOCK MARKETS
    
  STOCK MARKETS                                        
  Change on the                                        
 day                                          
  Market           Present       Earlier     Pct Transfer
                                 shut        
  Singapore        2510.75       2515.24      -0.18
  Bangkok          1342.85       1337.51      0.40
  Manila           5838.84       5570.22      4.82
  Jakarta          4753.612      4716.185     0.79
  Kuala Lumpur     1473.25       1457.5       1.08
 Ho Chi Minh       864.47        861.39       0.36
                                              
  Change to date                               
 in 2019                                      
  Market           Present       Finish 2018     Pct Transfer
  Singapore        2510.75       3222.83      -22.09
  Bangkok          1342.85       1563.88      -14.13
  Manila           5838.84       7,466.02     -21.79
  Jakarta          4753.612      6,194.50     -23.26
  Kuala Lumpur     1473.25       1588.76      -7.27
  Ho Chi Minh      864.47        892.54       -3.14
 
 (Reporting by Arundhati Dutta; Modifying by Shinjini Ganguli)
  


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Arundhati Dutta

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