ASEAN KEY DESTINATIONS
24 April 2014
The Straits Times Index (STI) ended +25.92 points higher or +0.80% to 3283.93, taking the year-to-date performance to +3.76%.
The FTSE ST Mid Cap Index gained +1.54% while the FTSE ST Small Cap Index gained +0.63%. The top active stocks were SingTel (+1.62%), DBS (+0.60%), UOB (+1.57%), Wilmar International (+0.57%) and OCBC Bank (+0.21%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+2.31%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+3.05%) and Biosensors International Group (+2.09%). The underperforming sector was the FTSE ST Oil & Gas Index, which gained +0.16% with Keppel Corp ’s share price declining -0.38% and Sembcorp Industries’ share price gaining +1.85%. The FTSE ST Telecommunications Index gained +1.45%.
The three most active Exchange Traded Funds (ETFs) by value today were the CIMB FTSE Asean40 (+2.87%), IS MSCI India (+0.31%), SPDR Straits Times Index ETF (+0.31%).
The three most active Real Estate Investment Trusts (REITs) by value were Keppel REIT (unchanged), Ascendas REIT (+0.86%), CapitaMall Trust (+1.02%).
The most active index warrants by value today were HSI22400MBePW140529 (-9.09%), HSI22800MBeCW140529 (-1.56%), HSI22200MBeCW140529 (+2.78%).
The most active stock warrants by value today were KepCorp MBeCW140901 (-2.53%), DBS MB eCW140604 (+8.14%), KepCorp MBeCW140701 (-5.00%).
Singapore Stock Market
*ST Index 3,283.93 +25.92 3,258.01 -19.52
Volume: 2,111.8M 1,785.3M
Value: $1,340.6M $1,221.8M
Gainers/Losers: 321/132 174/294
Daily Market Commentary (Securities)
24 Apr 2014
The FBM KLCI index lost 2.07 points or 0.11% on Thursday. The Finance Index fell 0.26% to 17094.85 points, the Properties Index dropped 0.02% to 1455.07 points and the Plantation Index rose 0.32% to 9002.86 points. The market traded within a range of 2.81 points between an intra-day high of 1866.32 and a low of 1863.51 during the session.
Actively traded stocks include PDZ, XDL, UTOPIA, KNM-WA, XDL-WA, MPAY, MPAY-WA, L&G, ALAM and FRONTKN. Trading volume decreased to 2023.00 mil shares worth RM1965.00 mil as compared to Wednesday’s 2233.68 mil shares worth RM2097.62 mil.
Leading Movers were FGV (+8 sen to RM4.59), DIGI (+3 sen to RM5.34), SKPETRO (+3 sen to RM4.32), AXIATA (+2 sen to RM6.65) and IOICORP (+1 sen to RM4.85). Lagging Movers were PETGAS (-26 sen to RM23.60), MAYBANK (-4 sen to RM9.96), PETCHEM (-5 sen to RM6.85), IHH (-4 sen to RM3.93) and TM (-3 sen to RM6.01). Market breadth was negative with 325 gainers as compared to 485 losers.
The KLCI fell before closing at 1865.28 points, amid the cautious sentiment following the drop in US home sales and the weak China’s PMI data.
Date As of: 24 April 2014
Description Volume Value Frequency
Total 4,223,132,189 6,077,060,464,494 236,814
ETF 12,100 2,495,500 08
Stock 4,193,054,889 6,075,051,108,094 236,063
Warrant 30,065,200 2,006,860,900 743
As of 24 April 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,698.80 2,925.65 773.16
Proprietary 3,741.78 3,635.60 106.18
Foreign 8,950.18 9,075.50 -125.32
Individual 19,701.35 20,455.37 -754.01
Total Trading Value 36,092.11 M.Baht
Vietnam index ends up 0.2 pct, volume near 4-mth low
Vietnam's benchmark VN Index ended up 0.19 percent on Thursday, with investors trading in caution, pushing volume down near a four-month low.
A total of 56.7 million shares changed hand, the lowest since Jan. 3, Reuters data showed.
Weak appetite on recent falls and a lack of news are likely to influence on trading in the next few weeks, said analyst Tran Minh Hoang at Vietcombank Securities.
But foreign investors have been net buyers in the past four straight sessions ended Wednesday, with net purchase value totalling 332 billion dong ($15.7 million), exchange's data showed.
"Foreigners, who mostly look for mid- and long-term investments, see the index's recent falls as an opportunity to bargain hunt," Hoang said.
PetroVietNam Gas, Vietnam's largest listed firm, rose 1.09 percent, and food producer Masan Group <MSN.HM> edged up 0.53 percent.
Here is a snapshot of the VN Index at the close
VN Index 570.46
PREV. CLOSE 569.36
% CHANGE 0.19%
SE Asia Stocks-Thai shares ease on late sell out; Singapore near 11-mth high
Most Southeast Asian markets fell on Thursday with a late sell out erasing earlier gains in Thai shares though solid buying in the Singapore market pushed the Straits Times Index to a near eleven-month high.
Bangkok's SET Index barely changed, edged down 0.05 percent on selling near market close that pushed trading volumes to a more than five-week high, Reuters data showed.
The recent rallies in the index were mostly due to foreign investors cashing into laggard emerging markets, analysts said.
"Once the portfolio rebalancing is over we are likely to see weaker trading environment," Maybank Kim Eng said in a note to clients.
The Philippine SE Composite Index and Indonesia's Jakarta SE Composite Index , the region's best performers, fell 0.56 percent and 0.04 percent respectively.
But Singapore's Straits Times Index bounced back from Wednesday's profit-taking session to close up 0.8 percent.
Singapore Telecommunications Ltd , the city-state's biggest listed firm by market capitalisation, led the gains, rising 1.62 percent to close near a five-month high.
Trade was thin in Vietnam as investors remained cautious after recent steep falls, and Malaysia also drifted lower by 0.11 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 421.06 420.47 +0.14
Singapore 3283.93 3258.01 +0.80
Kuala Lumpur 1865.28 1867.35 -0.11
Bangkok 1422.67 1423.39 -0.05
Jakarta 4891.08 4893.15 -0.04
Manila 6731.33 6769.52 -0.56
Ho Chi Minh 570.46 569.36 +0.19