ASEAN KEY DESTINATIONS
21 April 2014
The Straits Times Index (STI) ended +2.63 points higher or +0.08% to 3255.83, taking the year-to-date performance to +2.87%.
The FTSE ST Mid Cap Index declined -0.22% while the FTSE ST Small Cap Index declined -0.09%. The top active stocks were CapitaMalls Asia (unchanged), Keppel Corp (-0.55%), OCBC Bank (-0.52%), CapitaLand (+0.94%) and DBS (-0.24%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+0.55%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+2.31%) and STATS ChipPAC (-2.47%). The underperforming sector was the FTSE ST Utilities Index, which declined -2.18% with Hyflux’s share price declining -0.82% and HanKore’s share price declining -1.74%. The FTSE ST Oil & Gas Index declined -0.16%. The FTSE ST Telecommunications Index gained +0.16%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.86%), SPDR Straits Times Index ETF (unchanged), Lyxor Asia (-0.20%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (-2.45%), CapitaMall Trust (-1.00%), Keppel REIT (-2.82%).
The most active index warrants by value today were STI 3150MBeCW140829 (unchanged), STI 3050MBePW140829 (-3.45%), STI 3450MBeCW141231 (+6.52%).
The most active stock warrants by value today were KepCorp MBeCW140901 (-3.01%), DBS MB eCW140604 (-7.62%), Ezion MBeCW140701 (-4.44%).
Singapore Stock Market
*ST Index 3,255.83 +2.03 3,253.8 +0.6
Volume: 1,720.2M 1,821.8M
Value: $766.3M $1,217.5M
Gainers/Losers: 85/228 235/202
Daily Market Commentary (Securities)
21 Apr 2014
The FBM KLCI index gained 10.24 points or 0.55% on Monday. The Finance Index increased 1.02% to 17121.28 points, the Properties Index up 0.81% to 1456.05 points and the Plantation Index rose 0.03% to 8927.12 points. The market traded within a range of 15.26 points between an intra-day high of 1864.94 and a low of 1849.68 during the session.
Actively traded stocks include PDZ, UTOPIA, ASIAPAC, SUMATEC, LUSTER, ASIABIO, CAP, KNM-WA, L&G and SALCON-WA. Trading volume increased to 2608.93 mil shares worth RM1987.31 mil as compared to Friday’s 2126.95 mil shares worth RM1693.17 mil.
Leading Movers were MAYBANK (+14 sen to RM9.97), CIMB (+11 sen to RM7.50), PBBANK (+16 sen to RM20.20), PETGAS (+24 sen to RM23.98) and DIGI (+5 sen to RM5.28). Lagging Movers were GENM (-6 sen to RM4.19), IOICORP (-2 sen to RM4.78), SKPETRO (-1 sen to RM4.35), PETDAG (-10 sen to RM30.20) and ASTRO (-1 sen to RM3.29). Market breadth was positive with 523 gainers as compared to 326 losers.
The KLCI finished 10.24 points higher at 1862.93 onthe first trading day of the week, despite subdued sentiment in regional markets due to uncertainty of US Federal Reserve’s interest rate policy and slowdown in China economy. The performance of our benchmark index was lifted by gains in banking counters.
Date As of: 21 April 2014
Description Volume Value Frequency
ETF 67,600 50,983,800 144
Stock 4,695,678,558 7,125,210,166,550 163,973
Right 9,197,200 9,197,300 23
Warrant 29,995,000 2,034,961,100 1,620
Total 4,734,938,358 7,127,305,308,750 165,760
Type Buy Sell Net
Institution 2,752.77 3,329.48 -576.71
Proprietary 3,420.90 2,466.97 953.92
Foreign 5,117.66 4,024.38 1,093.28
Individual 17,466.79 18,937.28 -1,470.49
Total Trading Value 28,758.11 M.Baht
Vietnam index ends near 10-wk low, investors cut loss
Vietnam's benchmark VN Index closed down 1.27 percent on Monday at its lowest level in nearly 10 weeks as investors cut loss after the index fell during the past two weeks, analysts said.
The index ended at 558.14 points, the lowest since Feb. 11, when it stood at 553.90.
Real estate shares led the fall, with Vingroup dropping 0.77 percent and HAGL sliding 3.04 percent to 26,300 dong ($1.25), its lowest closing price in more than five weeks.
PetroVietnam Gas, Vietnam's biggest listed firm, lost 1.1 percent and technology company FPT Corp fell 3.7 percent.
"The market falling deeply since early this month made some investors worried on further declines," said analyst Hoang Huy at ACB Securities. "Therefore, after a small gain in this morning session, investors started cutting loss by selling some blue chips."
Here is a snapshot of the VN Index at the close
VN Index 558.14
PREV. CLOSE 565.33
% CHANGE -1.27%
SE Asia Stocks-Philippine near 9-month high on earnings hopes
Philippine shares closed near a nine-month high on expectations of good corporate earnings and the government's revised infrastructure spending plan while most
other Southeast Asian stock markets edged up on Monday.
The Philippines benchmark SE Composite Index surpassed its 6680-point critical resistance level, bolstered by positioning from both foreign and local institutions ahead of
first-quarter corporate earnings, said Manny Cruz, a market strategist at Asiasec Equities.
"Indications reveal that earnings may surpass the 7-percent consensus estimate for earnings in all sectors... A lot of companies may be posting significant growth this year," Manny said.
Appetite was also boosted by a recent revised infrastructure plan by the Philippine government, under which it raised its target for poverty incidence by 2016 to a more realistic level.
"The government would like to be more aggressive over the next two years to pump-prime the economy in terms of infrastructure spending," Manny added.
Philippine shares jumped 1.44 percent to end at 6767.51 points, the highest level since July 25, 2013, led by telecom firm Philippine Long Distance Telephone Co which rose 3.57 percent. Thursday's gains lifted the index to make it Southeast Asia's best performer so far this year, Reuters data showed.
Stocks in Malaysia and Singapore also inched up despite thin trade, and Bangkok's SET Index marked a fourth straight gain to close at a fresh five-month high.
But shares in Indonesia drifted lower by 0.1 percent and Vietnam's benchmark VN Index was near a 10-week low as investors cut losses on expectations of further declines.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 421.26 421.13 +0.03
Singapore 3255.83 3253.80 +0.06
Kuala Lumpur 1862.93 1852.69 +0.55
Bangkok 1413.07 1409.18 +0.28
Jakarta 4892.29 4897.05 -0.10
Manila 6767.51 6671.18 +1.44
Ho Chi Minh 558.14 565.33 -1.27