ASEAN KEY DESTINATIONS
The Straits Times Index (STI) ended 19.76 points lower or -0.63% to 3,108.99, taking the year-to-date performance to -1.83%.
The FTSE ST Mid Cap Index gained +0.32% while the FTSE ST Small Cap Index declined -0.00%. The top active stocks were DBS (-1.15%), SingTel (-1.36%), OCBC Bank (-1.65%), Albedo (+60.87%), and UOB (-0.05%).
The outperforming sectors today were represented by the FTSE ST Utilities Index which gained +0.88%. The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+1.14%) and Hyflux (+1.25%). The underperforming sector was the FTSE ST Consumer Goods Index which declined -1.69%, with Wilmar International and Thai Beverage posting declines of -0.65% and -5.66% respectively. The FTSE ST Industrials Index gained +0.46% while the FTSE ST Health Care Index declined -0.98%.
The three most active Exchange Traded Funds (ETFs) by value today were SPDR Gold Shares (+0.12%), IS MSCI India 100 (-2.96%) and DBXT S&P CNX NIFTY ETF 10 (-0.36%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall (-0.52%) and CapitaComm (-0.74%).
The most active index warrants by value today were HSI22000MBePW130927 (+8.59%), HSI22000MBeCW131030 (-8.09%) and HSI22200MBeCW130927 (-12.94%).
The most active stock warrants by value today were DBS MB eCW131203 (-9.28%), KepCorp MBeCW131101 (-5.77%) and OCBC Bk MBeCW131101 (-12.77%).
*Please note the Health Care and Industrial sectors will be the focus of SGX My Gateway Educational events in 3Q13.
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 3,108.99 -19.76 3,128.75 -44.58
Volume: 3,593.6M 3,082.7M
Value: $1,217.4M $1,650.9M
Gainers/Losers: 209/235 88/397
Daily Market Commentary (Securities)
21 Aug 2013
The FBM KLCI index lost 0.57 points or 0.03% on Wednesday. The Finance Index fell 0.03% to 16452.37 points, the Properties Index up 0.45% to 1343.96 points and the Plantation Index down 0.17% to 8184.91 points. The market traded within a range of 8.55 points between an intra-day high of 1749.16 and a low of 1740.61 during the session.
Actively traded stocks include MAS, SONA-WA, TMS, INSBIO, SUMATEC-WA, MAYBANK, DAYA, FLONIC, SKPRES-WA and ASUPREM. Trading volume decreased to 1581.07 mil shares worth RM2337.80 mil as compared to Tuesday’s 2616.35 mil shares worth RM3748.98 mil.
Leading Movers were FGV (+11 sen to RM4.35), MAXIS (+9 sen to RM7.15), SIME (+8 sen to RM9.40), UEMS (+5 sen to RM2.63) and MISC (+5 sen to RM4.85). Lagging Movers were BAT (-86 sen to RM61.00), PETDAG (-28 sen to RM27.70), AMMB (-13 sen to RM7.58), TENAGA (-11 sen to RM8.86) and RHBCAP (-10 sen to RM7.70). Market breadth was positive with 380 gainers as compared to 368 losers.
The local bourse remained in the red, eased mildly by 0.57 points to close at 1,744.85, not much changed from the mid day closing bell. While we reckon investors are staying on the sidelines at the moment, total trading volume and value plunged by 40% and 38% respectively. We opine the local market will continue to be in a flaccid manner till the investors obtain more clarity from the US Federal Reserve’s stimulus programme which will be disclosed tonight.
Regionally, the markets closed in a mix note as investors were hesitant to make new bets ahead of an expected shift in Fed policy that could lead to higher interest rates. However most Chinese stocks rose, led by energy and technology companies.
Date As of: 21 August 2013
Description Volume Value Frequency
ETF 24,500 7,658,000 14
Stock 7,127,035,066 7,050,807,372,132 177,838
Warrant 119,306,500 2,492,482,000 1,191
Total 7,246,366,066 7,053,307,512,132 179,043
As of 21 Aug 2013 Unit: M.Baht
Type Buy Sell Net
Institution 5,631.69 2,197.39 3,434.30
Proprietary 7,160.95 8,919.01 -1,758.06
Foreign 8,661.62 14,364.21 -5,702.59
Individual 20,411.31 16,384.95 4,026.36
Total Trading Value 41,865.57 M.Baht
Vietnam index falls 0.4 pct on selling by foreigners
Vietnam's benchmark VN Index ended down 0.42 percent at 502.7 points on Wednesday after foreign investors sold local shares on worries over the timing of the U.S. Federal Reserve's trimming of its monetary stimulus, traders said.
Foreign investors were net sellers for the past three sessions, traders added.
Shares in PetroVietnam Gas, Vietnam's biggest listed company by market value, fell 1.43 percent to 69,000 dong ($3.27), driven by foreigners' sales. The stock hit a record high on Monday.
Investors also took short-term profits in other blue chips.
Food producer Masan Group lost 2.33 percent, real estate firm HAGL Co dropped 0.92 percent and BaoViet Holdings, Vietnam's top insurer, dipped 0.71 percent.
Sentiment was also hurt by news about high consumer price index growth that could further push up inflation, said analyst
Doan Thi Anh Nguyet of Saigon Hanoi Securities.
Here is a snapshot of the VN Index
VN Index 502.7
PREV. CLOSE 504.81
% CHANGE -0.42%
SE Asia Stocks-Indonesia bounces back amid policy hopes; Malaysia flat
Indonesian stocks rebounded in strong trade on Wednesday as the government's plan on a policy package to combat inflation and job losses cheered investors, while Malaysian market ended nearly unchanged in a range bound session before a key economic data.
Indonesia's key index finished up 1 percent, regaining some of the steep loss this week, ahead of the policy package scheduled for Friday.
After a range bound session, Malaysia's index edged down 0.03 percent at 1,744.85.
Central bank data released after market close on Wednesday showed Malaysia's second-quarter current account surplus narrowed to 2.6 billion ringgit from 8.7 billion ringgit in the previous quarter.
Thai SET index underperformed peers, falling 1.2 percent, taking its loss this week to more than 6 percent. The market saw late selling in banking stocks, led by Kasikornbank and Siam Commercial Bank.
Thai bourse said foreign investors sold shares worth a net 5.7 billion baht ($180.12 million) on the day.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 396.07 398.40 -0.58
Singapore 3108.99 3128.75 -0.63
Kuala Lumpur 1744.85 1745.42 -0.03
Bangkok 1355.14 1370.86 -1.15
Jakarta 4218.45 4174.98 +1.04
Ho Chi Minh 502.70 504.81 -0.42
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