ASEAN KEY DESTINATIONS
11 April 2014
The Straits Times Index (STI) ended -6.58 points lower or -0.21% to 3197, taking the year-to-date performance to +1.01%.
The FTSE ST Mid Cap Index declined -0.28% while the FTSE ST Small Cap Index declined -0.48%. The top active stocks were DBS (-0.48%), Noble Group (+1.61%), OCBC Bank (-0.62%), CapitaCommercial Trust (+2.58%) and SingTel (-1.09%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+0.27%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Strategic Holdings (+1.20%) and Jardine Matheson Holdings (+0.60%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.13% with Midas Holdings ’ share price declining -2.06% and SunVic Chemical’s share price declining -3.18%. The FTSE ST Oil & Gas Index declined -0.20%. The FTSE ST Telecommunications Index declined -1.01%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-1.66%), DBXT MSCI Indonesia ETF (+0.14%), IShares USD Asia HY Bond ETF (-1.20%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+2.58%), CapitaMall Trust (unchanged), Suntec REIT (-0.29%).
The most active index warrants by value today were HSI23000MBePW140529 (+20.56%), HSI22800MBeCW140529 (-18.18%), HSI23000MBeCW140429 (-26.58%).
The most active stock warrants by value today were KepCorp MBeCW140701 (-2.41%), DBS MB eCW140604 (-4.44%), OCBC Bk MBeCW140801 (-10.29%).
Singapore Stock Market
*ST Index 3,198.22 -5.36 3,203.58 -6.34
Volume: 1,982.2M 2,017.9M
Value: $991.6M $1,346.9M
Gainers/Losers: 172/253 220/233
Daily Market Commentary (Securities)
11 Apr 2014
The FBM KLCI index lost 6.86 points or 0.37% on Friday. The Finance Index fell 0.42% to 16866.05 points, the Properties Index up 0.12% to 1410.1 points and the Plantation Index down 0.07% to 8988.78 points. The market traded within a range of 6.70 points between an intra-day high of 1854.89 and a low of 1848.19 during the session.
Actively traded stocks include TALAMT, KNM-WA, SYMPHNY, KNM, DAYA, PDZ, ASIAPAC, GPACKET-WA, UTOPIA and IRIS. Trading volume increased to 2220.09 mil shares worth RM1968.71 mil as compared to Thursday’s 2079.64 mil shares worth RM2321.94 mil.
Leading Movers were IHH (+4 sen to RM3.90), KLK (+18 sen to RM23.92), BAT (+58 sen to RM62.00), TM (+3 sen to RM5.91) and MAYBANK (+1 sen to RM9.76). Lagging Movers were PBBANK (-22 sen to RM19.70), CIMB (-5 sen to RM7.40), SIME (-6 sen to RM9.28), GENTING (-7 sen to RM9.63) and GENM (-5 sen to RM4.24). Market breadth was negative with 312 gainers as compared to 522 losers.
The KLCI dropped 6.86 points to end the last trading day of the week at 1852.66, dragged down by losses in Public Bank and CIMB. Investor sentiment was dented by overnight losses in Wall Street as well as disappointing economic data posted by China.
Date As of: 11 April 2014
Description Volume Value Frequency
ETF 31,700 17,030,500 80
Stock 4,662,463,290 7,610,017,798,028 238,177
Right 8,918,784 9,920,286 70
Warrant 16,532,800 1,219,692,800 815
Total 4,687,946,574 7,611,264,441,614 239,142
Thai Clearing House discloses its practice standard prescribed by PFMI
BANGKOK, April 11, 2014 - Thailand Clearing House Co., Ltd (TCH), under The Stock Exchange of Thailand (SET) group, will disclose its information on clearing and settlement services, as well as risk management on www.thaiclearing.com since April 11, 2014. The disclosure is in accordance with the Principles for Financial Market Infrastructures (PFMI) defined by the Committee on Payment and Settlement Commissions (CPSS), and the Technical Committee of the International Organisation of Securities Commissions (IOSCO).
TCH Managing Director Chanisa Chutipat said that SET has committed to keep pace with the international standards for their clearing and settlement services. The disclosure of clearing house standards will follow PFMI, the international standards defined by CPSS, and the technical committee of IOSCO. PFMI has been referred to be international standard for all CCPs to follow for their services and risk management as a central counterparty.
"The disclosure is part of SET's key strategy to present the world-class standard of TCH's services, including its risk management and internal practice.
This underlines TCH's commitment to provide central counterparty service following international standard with trust and transparency, in excess of the
development of TCH in supporting the ASEAN Trading link" Chanisa added.
Some of the standards include best practice on clearing and settlement, collateral management, risk management and financial strengths of TCH as well as of members in order to create reliability and transparency to the whole clearing system.
As of 11 April 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,862.63 1,969.57 893.06
Proprietary 1,666.96 2,032.36 -365.40
Foreign 5,933.50 5,591.84 341.67
Individual 10,106.66 10,975.99 -869.33
Total Trading Value 20,569.76 M.Baht
Vietnam index ends down 0.1 pct, gains expected
Vietnam's benchmark VN Index ended down 0.13 percent on Friday, with bargain hunting late in the session narrowing earlier losses, and analysts
expected the index to soon rebound.
Most stocks fell, led by property firm Vingroup that lost 2.13 percent, followed by dairy product maker Vinamilk that decreased 0.69 percent.
But gains in a few blue chips on Friday afternoon reverted earlier losses, including PetroVietNam Gas, Vietnam's largest listed firm, with a 2.16-percent advance.
Shares in food producer Masan Group rose 1.03 percent after the company projected its net profit in 2014 to rise at least 39 percent from last year, it said in a statement on its website.
"Investors have started to pick up shares which have fallen," said analyst Nguyen The Minh at Viet Capital Securities.
The index could bounce back soon, lifted by gains in several blue chips, analysts said.
Here is a snapshot of the VN Index at the close
VN Index 600.57
PREV. CLOSE 601.33
% CHANGE -0.13%
SE Asia Stocks-Indonesia falls on week after election result
Indonesia shares ended higher on Friday, trimming losses on the week amid bargain hunting in battered large caps as investors weighed political
uncertainties after an unconvincing election win by the main opposition party.
Jakarta's Composite Index closed up 1.1 percent, recouping some of the more than 3 percent drop on the previous session as shares of Bank Mandiri and Bank Rakyat Indonesia rebounded after steep losses on Thursday.
It was down 0.9 percent on the week.
Stocks in Singapore, Malaysia and Thailand drifted lower on the week after recent rally. The Philippines and Vietnam outperformed, with a
weekly gain of 0.6 percent and 1.3 percent, respectively.
Global equities slipped to a two-week low on Friday as a sell-off on Wall Street led by technology and biotech shares and triggered by concerns that valuations are over stretched spread to Asia and Europe.
The Thai market will be closed on Monday and Tuesday for a public holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 416.78 417.74 -0.23
Singapore 3198.22 3203.58 -0.17
Kuala Lumpur 1852.66 1859.52 -0.37
Bangkok 1389.16 1389.56 -0.03
Jakarta 4816.58 4765.73 +1.07
Manila 6596.96 6638.89 -0.63
Ho Chi Minh 600.57 601.33 -0.13