ASEAN KEY DESTINATIONS
29 April 2014
The Straits Times Index (STI) ended -4.97 points lower or -0.15% to 3237.74, taking the year-to-date performance to +2.30%.
The FTSE ST Mid Cap Index declined -0.30% while the FTSE ST Small Cap Index declined -0.27%. The top active stocks were UOB (-4.34%), Wilmar International (-2.58%), SingTel (+0.27%), Keppel Corp (+0.38%) and DBS (+0.72%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.16%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+3.22%) and Biosensors International Group (-0.52%). The underperforming sector was the FTSE ST Technology Index, which declined -0.59% with Silverlake Axis’ share price remaining unchanged and STATS ChipPAC ’s share price declining -1.43%. The FTSE ST Oil & Gas Index gained +0.27%. The FTSE ST Telecommunications Index gained +0.31%.
The three most active Exchange Traded Funds (ETFs) by value today were the IShares USD Asia Bond ETF (-0.10%), SPDR Gold Shares (-1.17%), IShares USD Asia HY Bond ETF (-0.28%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (-0.32%), Suntec REIT (-0.29%), Ascendas REIT (-1.30%).
The most active index warrants by value today were HSI21800MBeCW140627 (+21.21%), HSI22400MBePW140529 (-29.32%), HSI21800MBePW140529 (-33.75%).
The most active stock warrants by value today were KepCorp MBeCW140901 (+0.69%), DBS MB eCW140901 (-4.35%), UOB MB eCW140801 (-16.15%).
Singapore Stock Market
*ST Index 3,237.74 -4.97 3,242.71 -24.86
Volume: 1,373.5M 1,680.3M
Value: $1,048.6M $1,161.2M
Gainers/Losers: 177/231 147/308
Daily Market Commentary (Securities)
29 Apr 2014
The FBM KLCI index gained 3.60 points or 0.19% on Tuesday. The Finance Index increased 0.17% to 17046.96 points, the Properties Index dropped 1.57% to 1421.69 points and the Plantation Index rose 0.23% to 8985.33 points. The market traded within a range of 7.07 points between an intra-day high of 1859.34 and a low of 1852.27 during the session.
Actively traded stocks include VIS, UTOPIA, CSL, PDZ, TIGER, SOLUTN, TALAMT, MPAY, ASIAPAC and XINGHE. Trading volume increased to 2500.86 mil shares worth RM2202.44 mil as compared to Monday’s 2168.96 mil shares worth RM1742.26 mil.
Leading Movers were IHH (+8 sen to RM3.95), TENAGA (+6 sen to RM11.90), SKPETRO (+5 sen to RM4.33), SIME (+5 sen to RM9.33) and MISC (+10 sen to RM6.40). Lagging Movers were MAYBANK (-8 sen to RM9.72), TM (-4 sen to RM6.05) and CIMB (-1 sen to RM7.48). Market breadth was negative with 192 gainers as compared to 728 losers.
The FBM KLCI rebounded from yesterday’s losses to end 3.60 points higher at 1859.34 points, tracking the overnight gains in Wall Street despite cautious mood on outcome of FOMC meeting today and tomorrow. The performance of our benchmark index was lifted by gains in heavyweight counters led by IHH Healthcare and Tenaga.
Indonesia raises 8 trln rph from bond auction, yields higher
Indonesia raised 8 trillion rupiah ($690.5 million) from the auction of conventional government bonds on Tuesday, as targeted, the debt office said.
The G20 economy sold all offered securities, with most yields higher than the last auction on April 15.
Bids totaled 16.9 trillion rupiah, above the 15.1 trillion rupiah seen in the last sale.
The weighted average yield for three-month T-bill was 5.59909 percent, while the yield for one-year T-bill was 6.52000 percent, higher than 6.34509 percent in the previous auction.
The yield for 15-year bonds was 8.35895 percent, up from 8.21713 percent, and the yield for 20-year bond rose to 8.52891 percent from 8.39987 percent.
Yields for 5-year and for 30-year bonds were 7.60903 percent and 8.74829 percent, respectively.
Date As of: 29 April 2014
Description Volume Value Frequency
ETF 30,200 16,358,100 30
Stock 5,144,364,078 5,219,633,199,187 191,829
Warrant 34,894,500 2,282,183,700 1,859
Total 5,179,288,778 5,221,931,740,987 193,718
Thai bourse promotes investment in Q3 via SET-TFEX Investopolis in Money Expo 2014
BANGKOK, April 29, 2014 – The Stock Exchange of Thailand’s (SET) has been committed to providing investment expertise to investors in order to expand quality investor base. At the upcoming grand event, Money Expo 2014, during May 8-11, SET will set up SET-TFEX Investopolis area, covering 1,000 square meters to showcase all investment opportunities, facilitating investment decision-making in the third quarter.
Kesara Manchusree, SET Executive Vice President and Head of Markets Division, said that SET has played a major role to help savers equipped with savings management skills and investment insights to cope with high volatility of Thailand’s economy and political situation. Therefore, SET-TFEX Investopolis has been set up under the concept of a center to lead investment trend in all dimensions, such as stocks, derivatives, mutual funds and others, expecting to attract more than 8,000 investment transactions.”
“SET will facilitate investors with information and investment alternatives comprehensively in order to build investors’ confidence by offering wise investment strategy to minimize risks and increase return,” Kesara added.
The SET-TFEX Investopolis, to be set up at Impact Exhibition and Convention Center, Bangkok, will be divided into four zones to provide complete investment service and knowledge from fundamentals to technical analysis. These are 1) Stock Must Have Zone: where financial advisor will provide attractive stocks menu and listed companies information; 2) Investment Seminar Runway Zone: seminars covering 16 topics presented by 30 professionals; 3) New Arrival Zone: to introduce newly-launched mini SET50 futures; and 4) Portfolio Make Over Zone: to advise how to manage investment portfolio.
As of 29 April 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,331.24 1,573.65 757.58
Proprietary 3,284.43 3,558.73 -274.30
Foreign 6,556.65 6,969.98 -413.32
Individual 14,093.88 14,163.84 -69.96
Total Trading Value 26,266.20 M.Baht
Vietnam index closes up 0.85 pct, volume near six-month low
Vietnam's benchmark VN Index closed up 0.85 percent on Tuesday with shares of PetroVietnam Gas leading the gains, but volumes remained low as investors were cautious due to the lack of any supporting news.
PetroVietnam Gas, Vietnam's biggest listed firm, rose 2.58 percent to a record high of 99,500 dong ($4.72) per share.
Food producer Masan Group jumped 2.67 percent and Vietcombank gained 1.05 percent.
Volume dropped 13 percent from Monday to 50.4 million shares, the lowest since Nov. 1 last year, Reuters data showed.
"The low trading volumes in recent weeks was the biggest concern for investors," said Nguyen Hoai Nam, deputy manager of Maybank Kim Eng Securities.
The Ho Chi Minh City Stock Exchange will close from April 30 for a national holiday and re-open on May 5.
Here is a snapshot of the VN Index .
VN Index 578
PREV. CLOSE 573.1
% CHANGE 0.85
SE Asia Stocks-Most indexes edge up; Philippine shares outperform
Southeast Asian shares rose on optimism surrounding corporate earnings to be released throughout the week, though the gains were muted in the face of continuing tensions in Ukraine.
A surge late in the day propped up Vietnam's benchmark VN Index , reversing losses from the previous day. Vietnam shares closed 0.9 percent higher.
Philippine stocks advanced 0.5 percent, snapping four straight sessions of losses on bargain hunting and healthy first-quarter corporate earnings.
Shares of Bloomberry Resorts Corp were among the top gainers, rising 2.9 percent to their highest in more than seven months, after the casino operator posted a strong recovery in first-quarter profit on Monday.
Other markets saw modest gains, with Thailand , Indonesia and Malaysia closing between 0.02 percent and 0.19 percent.
Singapore's benchmark Straits Times Index trimmed losses from earlier in the day, ticking down 0.15 percent at its close.
Investors will be looking towards financial results released by the three banks on Wednesday to gauge future performances on the index.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 417.37 417.29 +0.02
Singapore 3237.74 3242.71 -0.15
Kuala Lumpur 1859.34 1855.74 +0.19
Bangkok 1412.33 1411.23 +0.08
Jakarta 4819.68 4818.76 +0.02
Manila 6636.45 6604.35 +0.49
Ho Chi Minh 578.00 573.10 +0.85