ASEAN KEY DESTINATIONS
15 April 2014
The Straits Times Index (STI) ended +31.49 points higher or +0.98% to 3246.32, taking the year-to-date performance to +2.57%.
The FTSE ST Mid Cap Index gained +0.69% while the FTSE ST Small Cap Index gained +0.25%. The top active stocks were CapitaMalls Asia (+21.33%), CapitaLand (+6.51%), DBS (+0.66%), Global Logistic Properties (+3.50%) and UOB (+0.95%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+3.31%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (unchanged) and Global Logistic Properties (+3.50%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.58% with Midas Holdings’ share price declining -1.06% and SunVic Chemical’s share price declining -13.12%. The FTSE ST Oil & Gas Index gained +0.46%. The FTSE ST Telecommunications Index gained +1.49%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.15%), SPDR Straits Times Index ETF (+0.31%), SPDR Gold Shares (-1.18%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.75%), CapitaCommercial Trust (+1.26%), Keppel REIT (+0.86%).
The most active index warrants by value today were HSI23000MBePW140529 (+31.93%), HSI23400MBeCW140529 (-32.43%), HSI22800MBeCW140529 (-28.10%).
The most active stock warrants by value today were DBS MB eCW140604 (+12.79%), KepCorp MBeCW140901 (+7.51%), UOB MB eCW140801 (+8.82%).
Singapore Stock Market
*ST Index 3,246.32 +31.49 3,214.83 +16.61
Volume: 2,589.6M 1,800.4M
Value: $1,767.6M $870.1M
Gainers/Losers: 250/205 239/198
Daily Market Commentary (Securities)
15 Apr 2014
The FBM KLCI index gained 2.35 points or 0.13% on Tuesday. The Finance Index increased 0.18% to 16895.97 points, the Properties Index up 0.94% to 1431.7 points and the Plantation Index down 0.27% to 8953.75 points. The market traded within a range of 6.52 points between an intra-day high of 1853.88 and a low of 1847.36 during the session.
Actively traded stocks include TALAMT, PDZ, KAREX-CB, FRONTKN, INGENCO, KNM-WA, IRIS, MARCO, GOB and GPACKET-WA. Trading volume increased to 2589.88 mil shares worth RM2507.90 mil as compared to Monday’s 2022.14 mil shares worth RM2048.64 mil.
Leading Movers were TM (+14 sen to RM6.04), PBBANK (+10 sen to RM19.78), SKPETRO (+4 sen to RM4.32), PPB (+22 sen to RM16.52) and CIMB (+2 sen to RM7.40). Lagging Movers were TENAGA (-6 sen to RM11.92), IOICORP (-4 sen to RM4.82), GENTING (-4 sen to RM9.59), PETGAS (-8 sen to RM23.92) and PETCHEM (-2 sen to RM6.77). Market breadth was negative with 406 gainers as compared to 413 losers.
The KLCI closed higher at 1853.88 points on last minutes buying interest. The KLCI stayed in the red for almost the whole session amid lack of fresh market catalyst. The overnight gains of Wall Street failed to lift local market sentiment as the renewed concern over crisis in Ukraine kept the market sentiment muted.
Date As of: 15 April 2014
Description Volume Value Frequency
ETF 33,400 16,911,100 25
Stock 4,816,521,614 6,049,489,059,142 225,876
Right 20,724,769 23,563,469 83
Warrant 34,714,810 2,429,322,200 2,050
Total 4,871,994,593 6,051,958,855,911 228,034
Vietnam index ends near 2-wk low; investors cut losses
Vietnam's benchmark VN Index marked its fourth straight session of losses on Tuesday, dropping 1.68 percent to close near a two-week low as investors sold shares on expectation of further declines.
"The index is likely to drop more and could fall straight to 560 points," said analyst Phan Dung Khanh at Maybank Kim Eng Securities.
Vietnamese equities have been trending downward over the past weeks, but steep falls were prevented by gains in select blue-chips that reported good corporate results and positive annual targets, Khanh said.
Foreign investors were net sellers of 595 billion dong ($28.2 million) worth of Vietnamese shares in the previous five consecutive sessions, exchange data showed.
Over 70 percent of shares on the Ho Chi Minh Stock Exchange lost ground on Tuesday, led by PetroVietNam Gas , Vietnam's largest listed firm, which fell 1.06 percent.
Steel producer Hoa Phat Group dropped 4.39 percent and Hanoi-based lender Vietcombank fell 2.28 percent.
Here is a snapshot of the VN Index at close
VN Index 586.09
PREV. CLOSE 596.11
% CHANGE -1.68%
SE Asia Stocks-Most up; Singapore hits 7-mth high on share deal
Most Southeast Asian stocks gained on Tuesday, led by the Singapore market which rose on news of a $2.45 billion share buying plan by the region's
biggest property developer, while Vietnam retreated as investors cut their losses.
Shares of CapitaMalls Asia surged 21.33 percent to a 14-month closing high after Southeast Asia's biggest property developer CapitaLand Ltd offered to buy out minority shareholders in the Singapore-listed shopping mall operator.
The deal is aimed at simplifying CapitaLand's corporate structure and taking advantage of a discount valuation at CapitaMalls. CapitaLand shares also jumped 6.51 percent.
The Straits Times Index climbed 0.98 percent to close at 3246.32, the highest since September last year.
Shares in other markets also rose, with Indonesia up 0.11 percent, Malaysia rising 0.13 percent and the Philippine benchmark advancing 0.49 percent.
However, the Vietnamese market tumbled due to wide-ranging offloading of equities as investors cut losses on expectations of further declines. The VN Index marked a fourth straight fall to close down 1.68 percent, near a two-week low.
The Thai market was closed for a public holiday and will reopen on Wednesday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 418.07 415.91 +0.52
Singapore 3246.32 3214.83 +0.98
Kuala Lumpur 1853.88 1851.53 +0.13
Jakarta 4870.22 4864.88 +0.11
Manila 6621.66 6589.55 +0.49
Ho Chi Minh 586.09 596.11 -1.68