Southeast Asian markets: Thailand, Philippine hit four-week lows

Thai and Philippine shares fell to four-week lows on Tuesday, weighed down by broad selling in regional markets, but most other Southeast Asian stock markets pushed higher amid selective buying in blue chip firms. Thailand's main SET index ended down 1.4 percent at 1,165.61, falling at one point to 1,156.83, the lowest since March 13. Turnover was 80 percent of the 30-day average in a holiday thinned demand, with the market closed on April 13 and 16.
Heavyweight energy and banking shares were among losers in Bangkok, with coal miner Banpu Pcl and Siam Commercial Bank Pcl each sliding more than 2 percent. The Philippine main index eased 0.33 percent. Late buying boosted other stock markets in the region, with Singapore rising 0.8 percent to end at its day's high of 2,982.44. Malaysian stocks rose 0.4 percent.