ASEAN KEY DESTINATIONS
26 August 2013
The Straits Times Index (STI) ended 4.44 points lower or -0.14% to 3,084.41, taking the year-to-date performance to -2.61%.
The FTSE ST Mid Cap Index gained +0.23% while the FTSE ST Small Cap Index declined -1.34%. The top active stocks were Golden Agri-Resources (+7.62%), Mirach Energy (+10.20%), Wilmar (+3.61%), Albedo (+23.08%) and SingTel (-0.28%).
The outperforming sectors today were represented by the FTSE ST Technology Index which gained +1.85%. The two biggest stocks of the FTSE ST Technology Index are LionGold Corporation (+3.02%) and STATS ChipPAC (-1.52%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.03% with Midas Holdings’ price declining -4.00%, as with Geo Energy Resources (-1.30%). The FTSE ST Health Care Index gained +0.53% while the FTSE ST Industrials Index declined -0.44%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.28%), STI ETF (-0.32%) and iShares MSCI INDIA 100 (+3.00%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.40%), CapitaMall (+0.53%) and Soilbuild Biz REIT (-0.70%).
The most active index warrants by value today were HSI21600MBeCW130927 (+15.00%), HSI22200MBeCW130927 (+8.22%) and HSI22000MBePW130927 (-16.28%).
The most active stock warrants by value today were KepCorp MBeCW131101 (+13.83%), DBS MB eCW131105 (+3.10%) and Wilmar MBeCW131202 (+18.75%).
Singapore Stock Market
*ST Index 3,084.41 -4.44 3,088.85 -0.55
Volume: 3,965.5M 2,972.7M
Value: $1,472.5M $1,569.4M
Gainers/Losers: 199/248 223/217
Daily Market Commentary (Securities)
26 Aug 2013
The FBM KLCI index gained 1.42 points or 0.08% on Monday. The Finance Index fell 0.26% to 16200.07 points, the Properties Index dropped 0.27% to 1306.04 points and the Plantation Index rose 1.04% to 8185.87 points. The market traded within a range of 10.11 points between an intra-day high of 1732.25 and a low of 1722.14 during the session.
Actively traded stocks include SONA-WA, MAS, MQTECH, FLONIC, TMS, GBGAQRS-WA, DAYA, LUSTER, INSTACO and PATIMAS. Trading volume decreased to 1503.91 mil shares worth RM1757.16 mil as compared to Friday’s 1780.78 mil shares worth RM2235.65 mil.
Leading Movers were IOICORP (+10 sen to RM5.35), TENAGA (+10 sen to RM8.65), DIGI (+9 sen to RM4.67), AXIATA (+8 sen to RM6.60) and HLFG (+8 sen to RM14.30). Lagging Movers were UMW (-42 sen to RM12.92), BAT (-14 sen to RM62.16), PETDAG (-12 sen to RM27.14), GENM (-12 sen to RM4.08) and SKPETRO (-7 sen to RM3.51). Market breadth was negative with 305 gainers as compared to 513 losers.
The KLCI ended the day by gaining 1.42 points to close at 1722.49 points. The gain was in line with the positive performance seen in Asian peers. However, investors took profit selectively by in blue chip counters. We reckon that this positive swing for today will not prolong as the local market is still vulnerable to external headwinds. Nonetheless, we opine this is a good opportunity to collect some prized stocks at low value.
Date As of: Friday, August 23, 2013
Description Volume Value Frequency
ETF 12,000 5,084,500 08
Stock 5,066,653,021 5,613,047,765,363 165,883
Warrant 35,147,500 1,851,749,500 1,041
Total 5,101,812,521 5,614,904,599,363 166,932
As of 26 Aug 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,441.01 2,189.20 1,251.81
Proprietary 5,084.68 5,409.23 -324.55
Foreign 6,602.00 8,290.36 -1,688.36
Individual 14,402.99 3,641.89 761.10
Total Trading Value 29,530.67 M.Baht
Vietnam's benchmark VN Index closed up 0.76 percent at 490.54 points on Monday as investors picked big-cap stocks at cheaper prices after four straight days of losses on the index, traders said.
PetroVietnam Gas, the biggest company by capitalisation, finished up 1.48 percent to 68,500 dong ($3.24) per share and Food producer Masan Group <MSN.HM> gained 1.85 percent. Vinacafe Bien Hoa soared 6.25 percent.
Dairy maker Vinamilk rose almost 3 percent to 140,000 dong each. The stock slumped 4.9 percent on Friday, its biggest fall in nearly one year.
"The market is responding to positive sentiment. Investors were less concerned about high inflation and some stocks are at good prices," said Vu Thi Thu Trang, an analyst at Asia-Pacific Securities.
The index would move sideways or rise further this week, Trang added.
Here is a snapshot of the VN Index
VN Index 490.54
PREV. CLOSE 486.82
% CHANGE 0.76%
Indonesian stocks closed at their lowest in nearly a year on Monday as investors weighed in the potential impact of recent government measures on growth while Thai stocks reversed earlier gains to fall after weak July trade data.
Jakarta's Composite Index finished down 1.2 percent at 4,120.67, the lowest since Sept. 6, 2012, in relatively moderate trade, led down by large caps such as Bank Mandiri and Semen Indonesia.
Broker Danareksa cut its JCI index end-2013 target to 4,680, citing a possible GDP growth slowdown from a series of new
policies introduced by the government.
The Thai index ended down 0.7 percent at 1,329.18, its lowest close since Nov. 30, 2012.
Singapore stocks pared earlier gains to edge lower while Malaysia closed nearly flat after late selling as
uncertainty over when the U.S. Federal Reserve would start unwinding monetary stimulus clouded markets globally.
After a choppy session, Vietnam was up 0.8 percent at 490.54, rebounding from a one-month closing low hit in the
The Philippine stock exchange was shut for a public holiday, and will resume on Tuesday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 385.97 387.68 -0.44
Singapore 3084.41 3088.85 -0.14
Kuala Lumpur 1722.49 1721.07 +0.08
Bangkok 1329.18 1338.13 -0.67
Jakarta 4120.67 4169.83 -1.18
Ho Chi Minh 490.54 486.82 +0.76
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