ASEAN KEY DESTINATIONS
20 August 2014
The Straits Times Index (STI) ended +7.22 points higher or +0.22% to 3323.65, taking the year-to-date performance to +5.02%.
The FTSE ST Mid Cap Index gained +0.01% while the FTSE ST Small Cap Index gained +0.03%. The top active stocks were OCBC Bank (+0.68%), ThaiBev (+3.08%), SingTel (-0.51%), DBS (+0.40%) and Mirach Energy (+19.79%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+0.95%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+0.63%) and Thai Beverage (+3.08%). The underperforming sector was the FTSE ST Health Care Index, which declined -1.69% with Raffles Medical Group’s share price declining -1.24% and Biosensors International Group’s share price declining -3.33%. The FTSE ST Consumer Services Index gained +0.71%. The FTSE ST Real Estate Index gained +0.03%. The FTSE ST Utilities Index declined -0.05%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.49%), SPDR Straits Times Index ETF (unchanged), DBS Singapore STI ETF (+0.29%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall Trust (+0.25%), Suntec REIT (-0.28%)
The most active index warrants by value today were HSI25400MBeCW140929 (unchanged), HSI24800MBeCW140929 (-0.71%), HSI24600MBePW140929 (-1.11%).
The most active stock warrants by value today were UOB MB eCW141201 (+6.54%), DBS MB eCW150106 (+4.27%), KepCorp MBeCW141201 (-1.75%).
Singapore Stock Market
*ST Index 3,323.65 +7.22 3,316.43 +3.65
Volume: 1,676.9M 1,760.9M
Value: $936M $1,081M
Gainers/Losers: 210/196 246/176
Daily Market Commentary (Securities)
20 Aug 2014
The FBM KLCI index gained 6.73 points or 0.36% on Wednesday. The Finance Index increased 0.01% to 17440.74 points, the Properties Index dropped 0.61% to 1513.41 points and the Plantation Index rose 0.36% to 8820.24 points. The market traded within a range of 5.65 points between an intra-day high of 1878.24 and a low of 1872.59 during the session.
Actively traded stocks include GLOTEC, SUMATEC, HUBLINE, PDZ, MARCO, NEXGRAM, HUBLINE-WA, AMEDIA, COMPUGT and TIGER. Trading volume increased to 7669.88 mil shares worth RM3304.33 mil as compared to Tuesday’s 5112.56 mil shares worth RM2913.61 mil.
Leading Movers were KLK (+74 sen to RM23.86), PETGAS (+46 sen to RM23.10), PETDAG (+34 sen to RM21.90), UMW (+18 sen to RM12.48) and DIGI (+7 sen to RM5.75). Lagging Movers were HLFG (-20 sen to RM17.18), GENTING (-8 sen to RM9.82), HLBANK (-8 sen to RM13.98), RHBCAP (-5 sen to RM9.45) and SIME (-5 sen to RM9.50). Market breadth was negative with 227 gainers as compared to 758 losers.
At the closing bell, the KLCI closed 6.73 points higher at 1878.89 points today. The local bourse erased some of its early morning gains, but remained mostly in positive territory throughout the day. Regionally, markets remained steady on the back of strong U.S. housing data, overlooking news of a widening trade deficit in Japan, while awaiting the release of the Federal Reserve's meeting minutes later today.
Date As of: Wednesday, August 20, 2014
Description Volume Value Frequency
Total 6,851,800,210 5,748,386,045,765 211,174
ETF 9,000 5,472,200 15
Stock 6,686,639,810 5,745,745,585,665 209,828
Right 110,564,600 117,629,300 164
Warrant 54,586,800 2,517,358,600 1,167
As of 20 August 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,709.61 4,108.80 1,600.81
Proprietary 4,146.39 4,958.83 -812.43
Foreign 10,280.25 9,797.15 483.09
Individual 26,812.48 28,083.95 -1,271.47
Total Trading Value 46,948.73 M.Baht
Vietnam index nears 2-wk high, Vietcombank leads
Vietnam's VN Index rose 0.34 percent on Wednesday to reach its highest close since Aug. 7, lifted by gains on some blue-chips that offset net selling by foreign investors.
Vietcombank , the top lender by market value, rose 2.71 percent to end at a four-month high and in large volume.
The bank, 15 percent owned by Japan's Mizuho Corporate Bank <8411.T> , last week reported a 13 percent rise in first half net profit.
"Despite gains in the market, investors should be cautious as foreign investors have been constantly offloading stocks in August," said Nguyen Thanh Lam, a deputy manager at Maybank Kim Eng Securities.
Foreigners have sold a net 1.4 trillion dong ($66.1 million) so far this month, 11 times the net value sold for the whole of July, exchange data showed.
Here is a snapshot of the VN Index at the close
VN Index 606.7
PREV. CLOSE 604.64
% CHANGE 0.34%
SE Asia Stocks-Thai SET index hits 1,550; Indonesia over 14-month high
Southeast Asia stock markets rose on Wednesday, in line with other Asian stock markets, with Thai benchmark topping its psychological mark of 1,550, a day before the nomination of a new Prime Minister, and Indonesia hitting an over 14-month high.
Gains in Bangkok were led by tourism stocks including airport operator Airports of Thailand Pcl and home builder Land & Houses Pcl , with brokers citing optimism around improved outlook of local economy and political situation.
"The NLA (National Legislative Assembly) is set to meet tomorrow to choose the new Prime Minister, to be followed by the setting up of a new cabinet possibly by the end of this month," strategists at KGI Securities wrote in a report.
The NLA is likely to nominate General Prayuth Chan-ocha, the army chief who led the May 22 coup after months of street protests, assembly members told Reuters.
Broker KGI said it expects the market to rise further this month, led by shares in sectors seen as beneficiaries of the domestic economy, including property, tourism and contractors.
The benchmark SET index closed up 0.5 percent at 1,550.77. It rose at one point to 1,552.52, just shy of an over 14-month intraday high of 1,552.66 hit on Aug. 14.
Investors bought Indonesian large caps such as Bank Rakyat Indonesia and Telkom Indonesia , bringing the key Jakarta's Composite Index to 5,190.17, the highest close since May 29, 2013.
The market awaited a court ruling on the presidential election on Thursday, brokers said.
"We expect Jokowi's win to be confirmed by constitutional court decision, which should result in a slight positive sentiment for the market," Trimegah Securities said in a research report.
Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar to extend gains against the euro and yen.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 444.68 444.96 -0.07
Singapore 3323.65 3316.43 +0.22
Kuala Lumpur 1878.89 1872.16 +0.36
Bangkok 1550.77 1542.85 +0.51
Jakarta 5190.17 5165.17 +0.48
Manila 7096.49 7082.75 +0.19
Ho Chi Minh 606.70 604.64 +0.34