Each week, we provide an overview of the percent returns of the primary indices in Southeast Asia and their currency appreciation or depreciation relative to the US Dollar. We provide this information below. We also capture this information, as well as the trailing four and twelve week movements, and plot the data in charts, which you can find on the “index charts” and “currency charts” pages.
Indices
During the week of 10 July, six indices in Southeast Asia advanced, while three declined. Singapore’s Straits Times Index led all gains, rising 1.81%. The Kuala Lumpur Composite Index (KLCI) declined the most over the week, falling 0.28% and bringing its trailing four week decline to 2.03%, which is the largest decline of the nine indices.
Several indices had uncharacteristically strong negative correlation with the US’s S&P 500, particularly the KLCI, the Philippine Stock Exchange index (PSEi), the Jakarta Stock Exchange (JSX), and the Vietnam All Index (FTFVAS), which ranged from -0.53 to -0.81. Numerous indices also had uncharacteristically negative correlation with the Nikkei, to include the KLCI, PSEi, JSX, the Stock Exchange of Thailand, and FTFVAS, which ranged from -0.73 to -0.91.
Weekly gains
- Singapore’s Straits Times Index (STI), 1.81%
- Lao Securities Exchange (LSX), 1.75%
- Cambodia Securities Exchange (CSX), 0.59%
- Stock Exchange of Thailand (SET), 0.53%
- Jakarta Stock Exchange (JSX), 0.29%
- Vietnam All index (FTFVAS), 0.02%
Weekly declines
- Philippine Stock Exchange index (PSEi), -0.04%
- Myanmar’s Myanpix Index (YSX), -0.07%
- Kuala Lumpur Composite Index (KLCI), -0.28%
Currencies
Six of the nine primary Southeast Asian currencies advanced relative to the US Dollar the week of 10 July, with the Thai Baht having the greatest appreciation, rising 1.01%. The Myanmar Kyat had the greatest depreciation, falling 0.94%.
Weekly appreciations
- Thai Baht (THB), 1.01%
- Singapore Dollar (SGD), 0.78%
- Indonesian Rupiah (IDR), 0.52%
- Malaysian Ringgit (MYR), 0.14%
- Vietnamese Dong (VND), 0.09%
- Philippine Peso (PHP), 0.01%
Weekly depreciation
- Lao Kip (LAK), -0.22%
- Cambodian Riel (KHR), -0.38%
- Myanmar Kyat (MMK), -0.94%
