ASEAN KEY DESTINATIONS
1 August 2014
The Straits Times Index (STI) ended 29.64 points lower or -0.88% to 3344.42, taking the year-to-date performance to +5.67%.
The FTSE ST Mid Cap Index declined -0.65% and the FTSE ST Small Cap Index declined -0.59%. The top active stocks were UOB (-4.06%), DBS (+0.49%), SingTel (-1.47%), CapitaLand (-0.58%), Accordia Golf Trust (unchanged).
The outperforming sector today was represented by the FTSE ST Technology Index (+0.57%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (unchanged) and STATS ChipPAC (+3.42%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -1.41% with SingTel’s share price declining -1.47% and StarHub’s share price declining -0.94%. The FTSE ST Consumer Services Index declined -0.50%. The FTSE ST Real Estate Index declined -0.48%. The FTSE ST Utilities Index declined -0.01%.
The three most active Exchange Traded Funds (ETFs) by value today were SPDR Gold Shares (-0.89%), DBXT MSCI Singapore IM ETF (unchanged), DBXT MSCI Asia EX Japan ETF (-1.67%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.28%), CapitaCommercial Trust (-0.90%), CapitaMall Trust (unchanged).
The most active index warrants by value today were HSI24400MBeCW140828 (-17.52%), HSI24000MBePW140929 (+11.36%), HSI23600MBePW140828 (+25.00%).
The most active stock warrants by value today were UOB MB eCW141203 (-33.33%), DBS MB eCW141001 (+6.25%), KepCorp MBeCW141201 (-4.03%).
Singapore Stock Market
*ST Index 3,344.42 -29.64 3,374.06 +20.41
Volume: 1,615.9M 1,722.2M
Value: $1,262.1M $1,662M
Gainers/Losers: 121/347 193/256
Daily Market Commentary (Securities)
1 Aug 2014
The FBM KLCI index lost 8.02 points or 0.43% on Friday. The Finance Index fell 0.33% to 17284.81 points, the Properties Index dropped 0.51% to 1509.72 points and the Plantation Index down 0.51% to 8926.35 points. The market traded within a range of 6.33 points between an intra-day high of 1868.01 and a low of 1861.68 during the session.
Actively traded stocks include SUMATEC, TMCLIFE-WA, SUMATEC-WB, TALAMT, KINSTEL, MAS, IFCAM SC, SUMATEC-WA, NEXGRAM and L&G. Trading volume decreased to 2082.13 mil shares worth RM1942.67 mil as compared to Thursday’s 2510.93 mil shares worth RM2526.95 mil.
Leading Movers were PETDAG (+36 sen to RM18.96), SIME (+5 sen to RM9.55), DIGI (+2 sen to RM5.71), and AMMB (+2 sen to RM6.96). Lagging Movers were GENM (-13 sen to RM4.27), PETGAS (-38 sen to RM23.10), BAT (-100 sen to RM69.50), MISC (-9 sen to RM6.43) and MAXIS (-9 sen to RM6.67). Market breadth was negative with 285 gainers as compared to 603 losers.
On the last trading day of the week, the KLCI closed in the red at 1863.34 points (-8.02), in line with a trend of global selloffs in world equities. Local investor sentiments remained bearish on the back of the overnight slump on Wall Street. Regionally, Asian markets pared losses as data showed a better than expected pick up in Chinese manufacturing. However, the markets are still overshadowed by concerns over on-going crisis in Argentina and increased sanctions on Russia.
As of 1 August 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,478.28 6,603.15 -1,124.87
Proprietary 4,258.29 5,002.72 -744.43
Foreign 8,727.03 9,194.81 -467.78
Individual 25,712.76 23,375.68 2,337.08
Total Trading Value 44,176.36 M.Baht
Vietnam index ends down 0.4 pct, volumes steady
Vietnam's benchmark VN Index closed down 0.36 percent on Friday as shares of several blue chip firms lost ground in the absence of any supporting news, though volumes were steady.
A total of 65.13 million shares changed hands, slightly higher than the 64.62 million shares sold on Thursday, with 124 stocks falling while 84 gained, Reuters data showed.
Shares in Petrovietnam Gas , Vietnam's largest listed firm, ended down 1.77 percent while Hoa Phat Group shares fell 1.74 percent and FPT Corp ended 1.39 percent lower.
Investors also booked profits after recent gains, traders said. The index rose around 3 percent in July and has gained 7 percent since the start of the third quarter.
The index may retest the strong resistance level of 600 points over the next few sessions, SSI Securities Services said in a report on Friday.
Here is a snapshot of the VN Index at the close
VN Index 593.9
PREV. CLOSE 596.07
% CHANGE -0.36%
SE Asia Stocks - Thai shares underperform on week
The Thai index ended modestly lower on Friday as gains in banking shares overshadowed losses in big-cap energy while the Philippine benchmark recouped early
losses amid inflows into large-caps, led by Philippine Long Distance Telephone .
The SET index was down 0.15 percent on the day and 2.8 percent lower on the week, making it Southeast Asia's worst performer. It fell 1 percent in early trade as a strong sell-off in global stocks dented sentiment across the region.
Weak global oil prices weighed on energy shares, with PTT falling for a third straight day. Shares of Krung Thai Bank were among the outperformers amid a positive sign for Thailand's political situation and economy.
Investors await the formation of an interim government later this month after Thailand on Thursday set up an interim legislature which will appoint a prime minister to choose a 35-member cabinet.
Most other markets in Southeast Asia recorded a weak performance on the day and were little changed on the week.
The Philippine index bucked the trend on Friday, rising 0.4 percent after a nearly 1 percent drop earlier in the session.
Shares of PLDT hit their highest since August and Robinsons Land Corp jumped 2.7 percent as foreign investors were net buyers of the stocks, stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 436.35 440.11 -0.85
Singapore 3344.42 3374.06 -0.88
Kuala Lumpur 1863.34 1871.36 -0.43
Bangkok 1500.20 1502.39 -0.15
Manila 6894.23 6864.82 +0.43
Ho Chi Minh 593.90 596.07 -0.36