ASEAN KEY DESTINATIONS
01 April 2014
The Straits Times Index (STI) ended +9.90 points higher or +0.31% to 3202.76, taking the year-to-date performance to +1.06%.
The FTSE ST Mid Cap Index gained +0.03% while the FTSE ST Small Cap Index declined -0.10%. The top active stocks were DBS (+1.24%), OCBC Bank (+0.53%), UOB (+0.42%), CapitaLand (+0.69%) and GLP (-1.13%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+0.68%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Strategic Holdings (+1.48%) and Jardine Matheson Holdings (+1.47%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.50% with Midas Holdings ’ share price declining -1.14% and SunVic Chemical’s share price declining -1.65%. The FTSE ST Oil & Gas Index declined -0.75%. The FTSE ST Telecommunications Index declined -0.06%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.55%), IS MSCI India (unchanged), SPDR Straits Times Index ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), Suntec REIT (unchanged), CapitaMall Trust (+0.27%).
The most active index warrants by value today were HSI22200MBeCW140529 (+22.52%), HSI22200MBeCW140429 (+34.57%), HSI22400UBeCW140529 (+21.95%).
The most active stock warrants by value today were UOB MB eCW140701 (+6.51%), DBS MB eCW140604 (+14.67%), KepCorp MBeCW140701 (-2.70%).
Singapore Stock Market
*ST Index 3,198.52 +9.9 3,188.62 +16.45
Volume: 1,828.8M 2,157.6M
Value: $1,136.5M $1,246.7M
Gainers/Losers: 216/189 226/158
Daily Market Commentary (Securities)
1 Apr 2014
The FBM KLCI index lost 1.45 points or 0.08% on Tuesday. The Finance Index fell 0.03% to 16625.61 points, the Properties Index up 0.35% to 1367.47 points and the Plantation Index down 0.32% to 8931.57 points. The market traded within a range of 5.70 points between an intra-day high of 1847.76 and a low of 1842.06 during the session.
Actively traded stocks include INGENCO, XDL, MPAY-WA, MEGB, MPAY, XDL-WA, FITTERS, IRIS, SONA-WA and UTOPIA. Trading volume increased to 1976.37 mil shares worth RM2052.31 mil as compared to Monday’s 1938.13 mil shares worth RM2377.13 mil.
Leading Movers were AXIATA (+7 sen to RM6.74), PETGAS (+40 sen to RM24.20), SKPETRO (+6 sen to RM4.56), PBBANK (+2 sen to RM19.18) and FGV (+3 sen to RM4.68). Lagging Movers were PETCHEM (-11 sen to RM6.80), IOICORP (-6 sen to RM4.74), PPB (-32 sen to RM16.30), SIME (-5 sen to RM9.26) and GENM (-4 sen to RM4.16). Market breadth was positive with 446 gainers as compared to 348 losers.
The KLCI trimmed earlier losses to close marginally lower at 1847.76 points in the first trading day of the week. The positive overnight performance in the US market did not managed to spur our market, as profit taking activities continued to be seen following the gain in the previous week.
Date As of: 01 April 2014
Description Volume Value Frequency
Total 6,221,862,061 8,848,623,195,699 310,145
ETF 30,400 13,995,900 243
Stock 6,166,903,148 8,845,916,135,769 308,420
Warrant 54,928,513 2,693,064,030 1,482
As of 1 April 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,102.47 2,114.02 988.46
Proprietary 3,508.41 2,799.36 709.05
Foreign 8,478.06 7,361.82 1,116.24
Individua 12,491.35 15,305.09 -2,813.74
Total Trading Value 27,580.29 M.Baht
Vietnam index hits 3-wk low; margin calls weigh
Vietnam's benchmark VN Index ended down 1.31 percent at 583.85 points on Tuesday, its lowest level since March 10, partly due to selling on margin calls, with analysts expecting further falls soon.
Some investors sold shares to keep up with the minimum maintenance margin required by brokerage firms, analysts said.
"The index's recent strong falls have forced some investors to sell stocks from their margin account," said analyst Do Bao Ngoc at VPBank.
Around three quarters of shares on the Ho Chi Minh Stock Exchange lost ground, led by food producer Masan Group that fell 2.06 percent to close at 95,000 dong ($4.5), its lowest since Feb. 21, Reuters data showed.
Top insurer Baoviet Holdings dropped 4.21 percent while property firm Vingroup fell 1.36 percent.
The VN Index lost a combined 2.2 percent over the past week after gaining around 20 percent since the beginning of this year, Reuters data showed.
The index is likely to fall further, with a strong support at around 570 points, analysts said.
Here is a snapshot of the VN Index at the close
VN Index 583.85
PREV. CLOSE 591.57
% CHANGE -1.31%
SE Asia Stocks-Indonesia above 2-week peak after Feb trade surplus
Indonesian shares jumped 2.2 percent on Tuesday, outperforming others in Southeast Asia, as a better-than-expected monthly trade surplus bolstered sentiment, boosting demand for cyclical stocks, including banking and consumer shares.
Heavy buying in shares of Bank Mandiri , Bank Rakyat Indonesia and Astra International sent the benchmark Jakarta's Composite Index to 4,873.93
at the close, the highest since March 17.
Indonesia's trade balance reverted to a $790 million surplus in February, from a $440 million deficit in January, in a sign the economy is making progress in managing its current-account deficit.
Thai shares finished up 0.8 percent at 1,387.48, the highest close since Nov. 20, helped by selective buying in banking shares such as Kasikornbank in anticipation of strong earnings for the quarter ended March 31.
The market was nearly flat in early trade due to losses in large caps such as Siam Cement and Shin Corp which traded ex dividend.
Political situation remained tense after an anti-government demonstrator was shot dead and four others injured on Tuesday, when unidentified gunmen fired on a Bangkok protest march, the first fatality of the political conflict in several weeks.
Southeast Asian bourses noted inflows on the first trading day of April, according to Thomson Reuters and stock exchange data.
Indonesia posted a net foreign buying of 1.87 trillion rupiah ($164 million), the Philippines reported 277 million peso ($6.18 million) of net inflows and Malaysia brought in 24.89 million ringgit of net inflows ($7.62 million).
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 412.51 409.08 +0.84
Singapore 3198.52 3188.62 +0.31
Kuala Lumpur 1847.76 1849.21 -0.08
Bangkok 1387.48 1376.26 +0.82
Jakarta 4873.93 4768.28 +2.22
Manila 6514.72 6428.71 +1.34
Ho Chi Minh 583.85 591.57 -1.31