ASEAN KEY DESTINATIONS
19 August 2014
The Straits Times Index (STI) ended +3.65 points higher or +0.11% to 3316.43, taking the year-to-date performance to +4.79%.
The FTSE ST Mid Cap Index gained +0.51% while the FTSE ST Small Cap Index gained +0.42%. The top active stocks were OCBC Bank (+1.08%), CapitaLand (+2.13%), DBS (-0.28%), SingTel (+0.26%) and UOB (-0.31%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.61%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+1.34%) and STATS ChipPAC (+4.31%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -0.36% with Midas Holdings’ share price unchanged and Geo Energy Resources’ share price declining -1.85%. The FTSE ST Consumer Services Index gained +0.13%. The FTSE ST Real Estate Index gained +0.54%. The FTSE ST Utilities Index declined -0.31%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.13%), SPDR Gold Shares (-0.06%), DBXT MSCI Indonesia ETF (-0.33%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+0.76%), Ascendas REIT (+0.43%), CapitaCommercial Trust (+1.52%).
The most active index warrants by value today were HSI24800MBeCW140929 (+12.00%), HSI25400MBeCW140929 (+13.42%), HSI24600MBePW140929 (-15.09%).
The most active stock warrants by value today were UOB MB eCW141201 (+2.00%), KepCorp MBeCW141201 (unchanged), DBS MB eCW150106 (-2.50%).
Singapore Stock Market
*ST Index 3,316.43 +3.65 3,312.78 -1.99
Volume: 1,760.9M 1,298.4M
Value: $1,081M $858.3M
Gainers/Losers: 246/176 204/239
Daily Market Commentary (Securities)
19 Aug 2014
The FBM KLCI index gained 10.41 points or 0.56% on Tuesday. The Finance Index increased 0.66% to 17439.17 points, the Properties Index dropped 0.11% to 1522.74 points and the Plantation Index down 0.22% to 8788.88 points. The market traded within a range of 8.80 points between an intra-day high of 1871.29 and a low of 1862.49 during the session.
Actively traded stocks include PDZ, SUMATEC, TALAMT, MARCO, LUSTER, GLOTEC, REACH-WA, KBUNAI, ASIAPAC and FRONTKN. Trading volume increased to 5112.56 mil shares worth RM2913.61 mil as compared to Monday’s 3581.72 mil shares worth RM2473.91 mil.
Leading Movers were PETDAG (+90 sen to RM21.56), RHBCAP (+22 sen to RM9.50), PPB (+30 sen to RM14.98), HLFG (+28 sen to RM17.38) and BAT (+106 sen to RM71.46). Lagging Movers were UMW (-6 sen to RM12.30), and AXIATA (-1 sen to RM6.95). Market breadth was positive with 456 gainers as compared to 439 losers.
The KLCI closed higher at 1872.16 points, spurred by the positive overnight performance in US markets that buoyed by encouraging economic data. Local trading sentiment improved due to easing of tensions in the Ukraine crisis.
Date As of: Tuesday, August 19, 2014
Description Volume Value Frequency
Total 6,980,934,383 5,906,154,455,894 221,323
ETF 3,000 2,261,900 18
Stock 6,819,363,291 5,903,995,957,894 219,548
Right 124,101,300 215,979,500 126
Warrant 37,466,792 1,940,256,600 1,631
Thailand Focus 2014 reaffirms strength and confidence among foreign funds
BANGKOK, Aug 19, 2014 - The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, will hold "Thailand Focus 2014" during August 27-29 at the Grand Hyatt Erawan Hotel, Bangkok, under the theme "Reforming for Thailand Sustainable Growth," enabling investors globally to get insights of Thailand's economy and investment from top executives in the money and capital markets. This event will be participated by 118 listed companies with a combined market capitalization of THB 10 trillion (approx. USD 308 billion).
SET President Kesara Manchusree said, "Thailand Focus, the largest investment seminar in Thailand, will be held for the eighth year. This year will showcase the Thai capital market's attractiveness and strong fundamentals of Thai listed companies for global institutional investors to get clearer picture of the Thai economy and politics, having restored foreign investors' confidence since the second quarter of this year. Moreover, the second half looks more promising following the economic roadmap and stimulus plans by the National Council of Peace and Order."
"With continual increases of the SET index and trading value in the second quarter, it reflected investors' keenness and confidence on the Thai economy and investment. SET has continued to expand investment into foreign countries by holding roadshows overseas to provide insights and updates of Thailand's current situations, coupled with the performance of listed companies," Kesara added.
The event also provides opportunity to get information directly from a delegation of the National Council for Peace and Order (NCPO) presenting
Thailand's economic direction and policy, plus growth potentials and the country's reform for sustainability. Bank of Thailand Governor Dr. Prasarn
Trairatvorakul will reaffirm the country's monetary policy to boost the economic growth.
Krittiya Veeraburus, President, Phatra Securities, member of Kiatnakin Phatra Financial Group, stated, "This is the fourth consecutive year that Phatra has been honored to co-host this flagship event. Investors are looking forward to joining the event as they will get information directly from NCPO, enabling them to have a clear understanding on the direction of our country. With rising level of confidence on domestic consumption and private investment after Thailand reform roadmap, economy continues to recover as political uncertainty eases. Furthermore, embedded with the solid business fundamentals, steady growth, and strong performance of Thai listed companies, combining with their abilities to expand their operation to Greater Mekong subregion countries, Thailand shall remain an attractive investment destination in the eye of foreign investors. We believe that the success of our country will continue to play a significant role for the growth and prosperity of the region."
Bank of America Merrill Lynch Country Head & Managing Director Ornkanya Pibuldham, said, "The economy of Thailand will face challenges in this environment highlighted by slow economic growth. However, we remain cautiously optimistic and see indicators of renewed market confidence as we launch Thailand Focus 2014 with our partners, SET and Phatra Securities. Over the past two months, financial markets have rallied and the baht has strengthened, reinforcing our belief that strategic opportunities exist throughout this period. Amidst this background, we stand committed to our clients and dedicated to reinforcing the stability of our franchise in Thailand."
"Thailand Focus 2014: Reforming for Thailand Sustainable Growth" is one of SET's activities to match the right financial opportunities for institutional investors around the world and boost capital market opportunities for Thai listed companies. For more information, please contact www.set.or.th .
As of 19 August 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,815.00 2,048.64 766.37
Proprietary 3,422.99 2,768.36 654.63
Foreign 7,103.53 6,237.30 866.23
Individual 23,379.43 25,666.65 -2,287.22
Total Trading Value 36,720.96 M.Baht
Vietnam index closes almost flat, volume up on profit taking
Vietnam's VN Index closed down 0.07 percent on Tuesday in solid volume as investors booked quick profits, while gains in PetroVietNam Gas helped limit the market's retreat.
Volume was at 134 million shares, well above the five-day average level of 104 million, Reuters data showed.
"Profit taking on stocks that gained recently boosted volume," said Do Quang Hop of Saigon-Hanoi Securities
Other domestic indices tracking mid-cap shares and blue chips were heading south, while the penny stocks' benchmark was almost flat, indicating a sell in most shares, Reuters data showed.
State-run PetroVietNam Gas, the biggest equity on the exchange and worth about a fifth of the VN Index's $51 billion value, closed up 0.88 percent at 115,000 dong a share ($5.42).
Here is a snapshot of the VN Index at the close
VN Index 604.64
PREV. CLOSE 605.08
% CHANGE -0.07%
SE Asia Stocks - Most higher; Thailand to get new PM this week
Most Southeast Asian stock markets rose on Tuesday as renewed investor appetite for risk lifted shares globally, with the Thai index eking out gains amid foreign inflows ahead of the nomination of a new prime minister later in the week.
The Thai SET index closed up 0.03 percent, with shares of Siam Commercial Bank and skytrain operator BTS Group Holdings among the most actively traded.
Thailand's military-dominated legislature will nominate a prime minister this week, members of the national assembly said on Tuesday, a move that looks set to consolidate the army's hold on power almost 100 days since it wrested control of the country.
Indonesia's main index closed up 0.16 percent, with brokers citing the formation of a new government in October among the positive factors.
Fund flows in the region were mixed, with Indonesia reporting net foreign outflows of 448.7 billion rupiah ($38.4 million), Thomson Reuters data showed.
The Thai stock market brought in inflows of 866 million baht ($27.2 million), while Malaysia's was at 78.2 million ringgit ($24.8 million) and the Philippines took in a net 4.2 billion peso ($96 million), stock exchange data showed.
Vietnam slipped into negative territory, closing down 0.07 percent as investors took profits, while gains in PetroVietNam Gas helped limit the market's retreat.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 444.88 443.88 +0.22
Singapore 3316.43 3312.78 +0.11
Kuala Lumpur 1872.16 1861.75 +0.56
Bangkok 1542.85 1542.36 +0.03
Jakarta 5165.17 5156.75 +0.16
Manila 7082.75 7027.58 +0.79
Ho Chi Minh 604.64 605.08 -0.07