ASEAN KEY DESTINATIONS
26 August 2014
The Straits Times Index (STI) ended -7.26 points lower or -0.22% to 3323.02, taking the year-to-date performance to +5.00%.
The FTSE ST Mid Cap Index declined -0.35% while the FTSE ST Small Cap Index declined -0.42%. The top active stocks were OCBC Bank (+0.40%), SingTel (-0.51%), Genting Sing (-2.02%), CapitaLand (-0.30%) and Global Logistic (+1.06%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.28%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -0.81% with Silverlake Axis’s share price declining -0.86 % and STATS ChipPAC’s share price declining -0.82%. The FTSE ST Consumer Services Index declined -0.30%. The FTSE ST Real Estate Index declined -0.12%. The FTSE ST Utilities Index declined -0.43%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.77%), DBXT MSCI Asia Ex Japan ETF (unchanged), IS MSCI India (-0.53%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.28%), Ascendas REIT (-0.43%), CapitaMall Trust (unchanged)
The most active index warrants by value today were HSI25400MBeCW140929 (-7.69%), HSI24600MBePW140929 (+5.26%), HSI25200MBeCW141030 (unchanged).
The most active stock warrants by value today were DBS MB eCW150106 (-6.77%), SingPost MBeCW150402 (-9.09%), UOB MB ePW141104 (-0.90%).
Singapore Stock Market
*ST Index 3,323.02 -7.26 3,330.28 +4.78
Volume: 1,478.1M 1,336.6M
Value: $853M $807.8M
Gainers/Losers: 177/235 198/221
Daily Market Commentary (Securities)
26 Aug 2014
The FBM KLCI index lost 0.49 points or 0.03% on Tuesday. The Finance Index fell 0.02% to 17378.13 points, the Properties Index up 0.56% to 1512.16 points and the Plantation Index rose 0.34% to 8499.47 points. The market traded within a range of 6.82 points between an intra-day high of 1866.57 and a low of 1859.75 during the session.
Actively traded stocks include SUMATEC, PDZ, GLOTEC, RGB, HUBLINE, NEXGRAM, PWORTH, SANICHI, MARCO and IFCAM SC-WA. Trading volume increased to 3291.08 mil shares worth RM2119.99 mil as compared to Monday’s 3009.10 mil shares worth RM1976.20 mil.
Leading Movers were IOICORP (+7 sen to RM4.73), MISC (+9 sen to RM6.94), SKPETRO (+3 sen to RM4.30), KLK (+12 sen to RM22.22) and AMMB (+3 sen to RM6.96). Lagging Movers were PPB (-16 sen to RM14.74), PETDAG (-20 sen to RM20.80), GENTING (-9 sen to RM9.56), PETCHEM (-5 sen to RM6.35) and UMW (-8 sen to RM12.46). Market breadth was positive with 435 gainers as compared to 382 losers.
The KLCI declined and closed at 1861.82 points today despite of the higher overnight closing in Wall Street. Meanwhile, market sentiment remained muted after comments from ECB Chief Mario Draghi of more monetary stimulus to boost the economy.
Date As of: 26 August 2014
Description Volume Value Frequency
ETF 77,300 63,910,700 586
Stock 5,650,943,350 5,409,974,806,409 213,180
Right 36,400 36,400 01
Warrant 111,955,700 5,189,514,500 2,313
Total 5,763,012,750 5,415,228,268,009 216,080
As of 26 August 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,002.47 3,586.72 415.75
Proprietary 3,177.56 3,276.73 -99.17
Foreign 7,060.61 6,918.33 142.28
Individual 31,751.92 32,210.77 -458.85
Total Trading Value 45,992.55 M.Baht
Vietnam index at scales high of 6-1/2 years
Vietnam's benchmark VN Index gained for a fifth day on Tuesday, closing up 0.51 percent to scale a high of more than six years and boosted from buying in blue chips.
The index in Ho Chi Minh City, Southeast Asia's biggest gainer this year at 24 percent growth, reached 629.06 points at the close, its highest level since March 2008.
Property firm Vingroup led the climbers at 6.21 percent to 57,500 dong ($2.7), a record high close.
Hanoi-based lender Vietcombank rose 1.82 percent, and top insurer Baoviet Holdings advanced 3.74 percent.
Foreigners have been net buyers of Vietnamese stocks for four straight sessions. They were net sellers between Aug. 5 and last Wednesday, exchange data showed.
Offloading of other blue chips kept the market from a stronger rise. Among them was PetroVietNam Gas , the biggest firm by market value, with a 0.81 percent retreat from its record close hit on Monday.
Here is a snapshot of the VN Index at the close
VN Index 629.06
PREV. CLOSE 625.88
% CHANGE 0.51%
SE Asia Stocks - Indonesia at 2-wk closing low amid fuel price concerns
Indonesian shares hit a 2-week closing low on Tuesday as investors cut holdings on concerns of a possible fuel price hike while the Philippine index ended at its highest in nearly 15 months after a rally in shares of Philippine Long Distance Telephone .
Indonesia's key index fell 0.7 percent to 5,146.55, its lowest close since Aug. 12. Shares of Bank Rakyat Indonesia and Astra International retreated in strong volume amid foreign selling, Thomson Reuters data showed.
President-elect Joko "Jokowi" Widodo is likely to meet with current president Susilo Bambang Yudhoyono on Wednesday to discuss a fuel subsidy plan, brokers said.
The Philippine index gained 0.2 percent to 7,146.35, its highest close since May 29, 2013. PLDT shares jumped 2.7 percent to a record close of 3,390 peso, with foreign investors buying stock worth a net 703 million peso ($16 million), stock exchange data showed.
Stocks in Thailand , Singapore and Malaysia were little changed while Asian shares held firm as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.
Vietnam's benchmark VN Index gained for a fifth day, closing 0.51 percent up at its highest in more than six years and boosted by buying in blue-chips.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 444.88 445.28 -0.09
Singapore 3323.02 3330.28 -0.22
Kuala Lumpur 1861.82 1862.31 -0.03
Bangkok 1560.17 1563.13 -0.19
Jakarta 5146.55 5184.96 -0.74
Manila 7146.35 7133.09 +0.19
Ho Chi Minh 629.06 625.88 +0.51