ASEAN KEY DESTINATIONS
07 April 2014
The Straits Times Index (STI) ended -19.13 points lower or -0.60% to 3193.59, taking the year-to-date performance to +0.91%.
The FTSE ST Mid Cap Index declined -0.42% while the FTSE ST Small Cap Index declined -0.63%. The top active stocks were Noble Group (-4.69%), Suntec REIT (+0.88%), SIA (-0.87%), Genting SP (-1.14%) and DBS (-0.48%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.58%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+3.23%) and SunVic Chemical (-3.08%). The underperforming sector was the FTSE ST Utilities Index, which declined -1.51% with Hyflux’s share price declining -1.59% and HanKore’s share price declining -3.01%. The FTSE ST Oil & Gas Index declined -0.26%. The FTSE ST Telecommunications Index declined -0.72%.
The three most active Exchange Traded Funds (ETFs) by value today were the IShares USD Asia HY Bond ETF (+0.94%), IS MSCI India (+0.16%), DBXT FTSE Vietnam ETF (+2.58%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.88%), CapitaMall Trust (unchanged), Ascendas REIT (+0.44%).
The most active index warrants by value today were HSI22200MBeCW140429 (-16.67%), HSI22600MBePW140429 (+8.33%), HSI22200MBeCW140529 (-10.95%).
The most active stock warrants by value today were DBS MB ePW140702 (+6.19%), SGX MB eCW14 1 (-4.00%), Ezion MBeCW150102 (-8.16%).
Singapore Stock Market
*ST Index 3,193.59 -19.13 3,212.72 -7.34
Volume: 1 ,694.9M 1,924.7M
Value: $952.8M $1,026.4M
Gainers/Losers: 126/317 235/214
Daily Market Commentary (Securities)
7 Apr 2014
The FBM KLCI index gained 6.29 points or 0.34% on Monday. The Finance Index fell 0.21% to 17001.08 points, the Properties Index up 0.32% to 1393.72 points and the Plantation Index rose 0.67% to 8933.12 points. The market traded within a range of 9.46 points between an intra-day high of 1862.90 and a low of 1853.44 during the session.
Actively traded stocks include KNM-WA, TALAMT, KNM, SYMPHNY, MAS, PMCAP, INGENCO, ASIAPAC, DESTINI-WA and INFOTEC. Trading volume increased to 2122.77 mil shares worth RM2268.09 mil as compared to Friday’s 2058.38 mil shares worth RM2831.71 mil.
Leading Movers were TENAGA (+34 sen to RM11.68), DIGI (+12 sen to RM5.35), CIMB (+8 sen to RM7.50), IOICORP (+7 sen to RM4.80) and GENTING (+9 sen to RM9.80). Lagging Movers were PBBANK (-52 sen to RM20.28), SKPETRO (-7 sen to RM4.58), AXIATA (-4 sen to RM6.69), PETGAS (-24 sen to RM23.84) and ASTRO (-2 sen to RM3.36). Market breadth was negative with 372 gainers as compared to 452 losers.
The KLCI reversed its mid day losses to end 6.29 points higher at 1862.9, despite the losses in US markets due to profit taking activities. The performance of our benchmark index was underpinned by gains in heavyweight counters led by Tenaga and DIGI.
Date As of: 07 April 2014
Description Volume Value Frequency
ETF 52,700 28,045,100 126
Stock 8,831,660,186 7,845,659,419,605 275,068
Warrant 154,576,700 6,856,706,900 620
Total 8,986,289,586 7,852,544,171,605 275,814
As of 7 April 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,588.91 4,240.69 348.21
Proprietary 3,500.94 3,295.15 205.80
Foreign 9,173.64 9,634.77 -461.13
Individual 13,967.52 14,060.40 -92.88
Total Trading Value 31,231.01 M.Ba
Vietnam index at 2-wk high on results, dividend plans
Vietnam's benchmark VN Index ended up 1.27 percent on Monday at the highest level in nearly two weeks, backed by solid corporate earnings and plans
for dividend payments by the market's two largest firms.
The index closed at 600.57 points, the highest since March 25, based on Reuters data.
PetroVietNam Gas, Vietnam's biggest listed company by market capitalisation, ended up 3.47 percent at a record high of 89,500 dong ($4.25) per share after the firm said in a statement its first-quarter net profit was 29 percent above target.
PetroVietNam Gas also sought shareholders' permission to raise its 2013 dividend payment to 42 percent of the share's face value, from 20 percent previously projected, an online news website said on Monday.
Dairy product maker Vinamilk ended up 2.07 percent, after the firm said in a statement it would ask shareholders' approval to pay a dividend at 48 percent of the share's face value, above an initial target of 34 percent.
"Money inflow is shifting from small- and mid-cap stocks to blue chips, which is likely to lift the index further," said analyst Doan Thi Anh Nguyet at Saigon-Hanoi Securities.
Here is a snapshot of the VN Index at the close
VN Index 600.57
PREV. CLOSE 593.04
% CHANGE 1.27%
SE Asia Stocks-Mostly firmer with inflows; Indonesia at 10-month high ahead of polls
Most Southeast Asian stock markets ended firmer on Monday, led by Indonesian shares ahead of a parliamentary election later this week that is expected to
restart stalled reforms, while a U.S. jobs report last week helped boost investor sentiment.
The Jakarta Composite Index ended up 1.3 percent at its highest since June 5, 2013, led by infrastructure shares.
The gain was led by a 2.6 percent gain in Astra International and 3.9 percent rise in Perusahaan Gas Negara Persero.
Millions of Indonesians will vote to elect a new parliament on April 9 and a president three months later in a race that could bring major changes to the way the world's third-largest democracy is run, with the opposition PDI-P consistently topping opinion polls.
The market has risen more than 15 percent so far this year as investors hope opposition candidate Joko Widodo, the favourite to win July's presidential poll, will restart stalled reforms, making the world's fourth most-populous nation a strong contender for more investment.
Friday's U.S. jobs report was firm enough to soothe concerns about U.S. recovery, but still not so strong as to hasten the end of policy stimulus.
The region's markets saw net foreign buying on Monday.
Indonesia enjoyed a $139 million foreign inflow, Malaysia witnessed a $59.6 million inflow and the Philippines saw a $12.5 million net foreign buying.
Philippines shares gained 0.8 percent to its highest close since Oct. 23, Vietnam gained 1.3 percent to a two-week closing high on solid corporate earnings and plans for dividend payments by the market's two largest firms.
Malaysian shares ended 0.3 percent firmer. But Singapore stocks were 0.6 percent down, falling for a second straight session due to an overdue correction amid a lack
of fresh positive factors.
Thai market was closed on Monday for a holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 415.72 413.92 +0.43
Singapore 3193.59 3212.72 -0.60
Kuala Lumpur 1862.90 1856.61 +0.34
Jakarta 4921.04 4857.94 +1.30
Manila 6614.40 6561.20 +0.81
Ho Chi Minh 600.57 593.04 +1.27