ASEAN KEY DESTINATIONS
14 August 2015
The Straits Times Index (STI) ended 22.47 points or 0.73% higher to 3114.25, taking the year-to-date performance to -7.46%.
The top active stocks today were SingTel, which gained 2.01%, UOB, which gained 1.13%, DBS, which gained 1.26%, OCBC Bank, which gained 0.83% and HongkongLand USD, with a 1.56% fall.
The FTSE ST Mid Cap Index declined 0.09%, while the FTSE ST Small Cap Index declined 0.24%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 1.85%. The two biggest stocks of the Index - SingTel and StarHub – ended 2.01% higher and 0.27% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 1.83%. Silverlake Axis shares declined 4.57% and STATS ChipPAC rose 1.09%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Is Msci India 100 (+0.95%)
Sti Etf (+0.32%)
Nikko Am Singapore Sti Etf (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitacom Trust (-1.11%)
Capitamall Trust (-0.50%)
Mapletree Gcc Tr (+1.01%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MBeCW160201 (-5.36%)
OCBC Bk MBeCW151201 (+7.04%)
Singapore Stock Market
*ST Index 3,114.25 +22.47 3,091.78 +30.29
Volume: 1,281.4M 1,435.2M
Value: $981.8M $1,387.2M
Gainers/Losers: 195/241 256/190
Daily Market Commentary (Securities)
14 August 2015
The FBM KLCI index lost 24.80 points or 1.53% on Friday. The Finance Index fell 1.83% to 14282.82 points, the Properties Index dropped 1.25% to 1125.61 points and the Plantation Index down 0.97% to 6993.99 points. The market traded within a range of 36.33 points between an intra-day high of 1626.90 and a low of 1590.57 during the session.
Actively traded stocks include FBMKLCI-HK, MAYBANKC10, INGENCO, FBMKLCI-HG, SKPETRO, TIGER, FRONTKN, MAYBANK, FBMKLCI-HT and IFCAMSC. Trading volume increased to 2009.53 mil shares worth RM2195.83 mil as compared to Thursday’s 1863.30 mil shares worth RM2210.82 mil.
Leading Movers were YTL (+1 sen to RM1.49) and TM (+3 sen to RM6.33). Lagging Movers were SKPETRO (-16 sen to RM1.93), MAYBANK (-31 sen to RM8.29), BAT (-220 sen to RM60.00), ASTRO (-8 sen to RM2.92) and TENAGA (-28 sen to RM10.58). Market breadth was negative with 148 gainers as compared to 782 losers.
The KLCI fell to below the crucial 1600-points level, ended at 1596.82 points. Our local bourse succumbed to renewed selling pressure after the technical rebound yesterday as ringgit weakened further to 4.10 against U.S. Dollar and as crude oil prices tumbled.
As of 14 August 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,878.11 1,756.50 3,121.61
Proprietary 3,505.12 4,100.11 -594.99
Foreign 7,536.00 9,564.31 -2,028.32
Individual 19,518.59 20,016.89 -498.31
Total Trading Value 35,437.82 M.Baht
Vietnam index at 7-wk low; GAS falls as crude slumps
Vietnam's benchmark VN Index .VNI fell 0.88 percent on Friday to close at 589.03 points, the lowest since June 26, led by the tumble of PetroVietnam Gas GAS.HM as global crude oil prices plunged.
GAS shares ended down 6.25 percent at 52,500 dong ($2.38), the lowest close since April 2013, with investors' sentiment hurt after U.S. oil prices dropped to a 6-1/2-year low following data that showed a big rise in U.S. stockpiles, analysts said.
Friday marked the index's fourth straight fall, bringing this week's decline to a combined 2.4 percent, partially dragged by the State Bank of Vietnam's doubling its dollar/dong trading band to counter yuan fall on Wednesday.
Here is a snapshot of the VN Index .VNI at the close
VN Index 589.03
PREV. CLOSE 594.26
% CHANGE -0.88%
SE Asia Stocks - Fall on week; Malaysia declines on ringgit
Malaysia's main stock index posted the worst weekly drop in almost seven years on Friday amid a fall in the ringgit MYR=MY and foreign outflows but oversold stocks in Singapore, Thailand and Indonesia rebounded after late buying.
The ringgit MYR=MY hit a fresh pre-peg 17-year low after a fall in oil prices increased concerns over Malaysia's exports.
The Malaysian bourse posted outflows through the week, with net foreign selling on Friday worth 404 million ringgit ($99 million).
The Kuala Lumpur composite index .KLSE closed down 1.5 percent on the day and 5 percent lower on the week, the biggest weekly loss since October 2008.
Singapore's index .FTSTI gained for a second day, trimming its weekly loss to 2.6 percent. The Thai index .SETI ended five days of declines, slipping 1 percent on the week. Indonesia .JKSE erased early losses, with a 3.9 percent fall on the week.
Volatility in regional currencies after China's yuan devaluation prompted investors to cash in on recent gainers, with Philippines .PSI down for a third day and posting a weekly loss of 1.7 percent.
Vietnam .VNI , the region's strongest performer this year, marked a fourth straight fall, with a decline of 2.4 percent on the week, partially dragged down by the State Bank of Vietnam doubling its dollar/dong trading band to counter the yuan's fall on Wednesday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3114.25 3091.78 +0.73
Kuala Lumpur 1596.82 1621.62 -1.53
Bangkok 1413.92 1404.15 +0.70
Jakarta 4585.39 4584.25 +0.02
Manila 7408.44 7439.80 -0.42
Ho Chi Minh 589.03 594.26 -0.88