ASEAN KEY DESTINATIONS
27 August 2013
The Straits Times Index (STI) ended 50.39 points lower or -1.63% to 3,034.02, taking the year-to-date performance to -4.20%.
The FTSE ST Mid Cap Index declined (-1.03%), as with the FTSE ST Small Cap Index (-1.42%). The top active stocks were UOB (-2.62%), SingTel (-1.40%), OCBC Bank (-0.80%), DBS (-1.42%) and Golden Agri-Resources (-0.89%).
The outperforming sectors today were represented by the FTSE ST Technology Index (-0.01%). The two biggest stocks of the FTSE ST Technology Index are LionGold Corporation (+0.29%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.75% with Midas Holdings’ price declining -2.08%, as with Geo Energy Resources (-2.63%). The FTSE ST Health Care Index declined (-1.70%), as with the FTSE ST Industrials Index (-2.66%).
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.17%), STI ETF (-1.61%) and iShares MSCI INDIA 100 (-7.57%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall (-1.58%), Ascendas REIT (unchanged), and Suntec REIT (-0.66%).
The most active index warrants by value today were HSI22000MBePW130927 (+19.44%), HSI22000MBeCW131030 (-13.04%) and HSI22200MBeCW130927 (-17.72%).
The most active stock warrants by value today were KepCorp MBeCW131101 (-9.35%), DBS MB eCW131105 (-16.54%) and OCBC Bank MBeCW140102 (-26.06%).
Singapore Stock Market
*ST Index 3,034.02 -50.39 3,084.41 -4.44
Volume: 3,344.8M 3,965.5M
Value: $1,401.1M $1,472.5M
Gainers/Losers: 80/409 199/248
Daily Market Commentary (Securities)
27 Aug 2013
The FBM KLCI index lost 21.25 points or 1.23% on Tuesday. The Finance Index fell 1.05% to 16030.4 points, the Properties Index dropped 4.32% to 1249.66 points and the Plantation Index down 0.53% to 8142.62 points. The market traded within a range of 20.14 points between an intra-day high of 1719.03 and a low of 1698.89 during the session.
Actively traded stocks include SONA-WA, MAS, TMS, DAYA, FLONIC, SONA, KHSB, THHEAVY, SUMATEC and SKPETRO. Trading volume decreased to 1503.91 mil shares worth RM1757.16 mil as compared to Monday’s 1780.78 mil shares worth RM2235.65 mil.
Leading Movers were GENM (+7 sen to RM4.15), IOICORP (+1 sen to RM5.36), YTL (+0 sen to RM1.57), DIGI (+1 sen to RM4.66) and TENAGA (+2 sen to RM8.63). Lagging Movers were BAT (-56 sen to RM61.60), PETDAG (-54 sen to RM26.60), PPB (-46 sen to RM13.54), UMW (-42 sen to RM12.50) and PETGAS (-40 sen to RM19.36). Market breadth was negative with 73 gainers as compared to 990 losers.
The FBM KLCI continued in a jittery mode spiralling further down by losing another 21.25 points to end at 1,701.24.
This negative performance was in tandem with the regional peers. We concurred that most investors had expected a weaker market going forward due to both internal and external factors which are unfavourable with the local bourse.
Date As of: Monday, August 26, 2013
Description Volume Value Frequency
ETF 17,000 8,121,000 14
Stock 4,171,661,777 4,392,565,179,695 126,267
Warrant 50,552,250 2,217,560,500 1,288
Total 4,222,231,027 4,394,790,861,195 127,569
As of 27 Aug 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,237.12 4,251.15 -1,014.03
Proprietary 6,618.16 6,520.15 98.01
Foreign 9,139.12 10,029.13 -890.01
Individual 18,693.44 16,887.42 1,806.03
Total Trading Value 37,687.84 M.Baht
Vietnam's VN Index closed down 1 percent at 485.57 points on Tuesday in low volume, with net foreign selling for a seventh straight session prompting most local investors to opt out.
PetroVietnam Gas led the fall, dropping 2.2 percent to 67,000 dong ($3.17) per share. Real estate firms also took a slump, with VinGroup down 1.5 percent to 64,000 dong each and HAGL dipping 1.4 percent to 20,600 dong.
Top insurer BaoViet Holdings eased 2.6 percent and Pha Lai Thermal Power
The 27.8 million shares traded was the lowest volume since Aug. 2, data on the exchange shows. Brokers have recommended investors await better news on the economy, according to traders.
Here is a snapshot of the VN Index
VN Index 485.57
PREV. CLOSE 490.54
% CHANGE -1.01%
Stocks in Indonesia, the Philippines and Thailand extended their slides on Tuesday as concern about possible U.S.-led intervention in Syria dented global sentiment and further losses in currencies spurred a fresh round of selling.
Sell-offs accelerated in late trade, sending Jakarta's Composite Index 3.7 percent lower to 3,967.84, the lowest since June 29, 2012 and extending losses for a fourth session. The index has lost 8.1 percent year-to-date, making it Asia's worst performer.
The Philippine index dropped 4 percent, the top loser on the day, erasing most its gains this year. The Thai SET index slid 2.7 percent to a nine-month closing low of 1,293.97, losing 7 percent on the year.
Indonesia, Thailand and the Philippines each saw a drop of around 20 percent from their highs in May, taking them into the
bear market territory.
A weakness in Thai baht against the dollar suggested further market loss, said Bangkok-based Prapas Tonpibulsak, the chief investment officer at Krungsri Asset Management.
"Foreign outflows are likely to continue in the coming one-two months... gains in terms of FX may not be that compelling and could put funds under pressure," he said.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 374.65 385.73 -2.87
Singapore 3034.02 3084.41 -1.63
Kuala Lumpur 1701.24 1722.49 -1.23
Bangkok 1293.97 1329.18 -2.65
Jakarta 3967.84 4120.67 -3.71
Manila 5916.99 6161.21 -3.96
Ho Chi Minh 485.57 490.54 -1.01
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