ASEAN KEY DESTINATIONS
27 August 2014
The Straits Times Index (STI) ended +18.44 points higher or +0.55% to 3341.46, taking the year-to-date performance to +5.58%.
The FTSE ST Mid Cap Index gained +0.32% while the FTSE ST Small Cap Index gained +0.19%. The top active stocks were Genting Sing (+2.89%), SingTel (+0.78%), OCBC Bank (-0.20%), DBS (+0.73%) and OSIM Intl (-2.84%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.53%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (unchanged) and STATS ChipPAC (+9.09%). The underperforming sector was the FTSE ST Oil & Gas Index, which gained +0.15% with Keppel Corp’s share price gained +0.18% and Sembcorp Industries’s share price gained +1.18%. The FTSE ST Consumer Services Index gained +0.80%. The FTSE ST Real Estate Index gained +0.29%. The FTSE ST Utilities Index gained +1.00%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.67%), DBXT FTSE Vietnam ETF (-0.03%), SPDR Gold Shares (-0.16%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.28%), CapitaMall Trust (+0.75%), Ascendas REIT (+0.43%)
The most active index warrants by value today were HSI25400MBeCW140929 (-16.67%), HSI24600MBePW140929 (+8.75%), HSI24800MBeCW140929 (-13.39%).
The most active stock warrants by value today were DBS MB eCW150106 (+2.42%), OCBC Bk MBeCW150302 (-1.65%), KepCorp MBeCW141201 (+1.79%).
Singapore Stock Market
*ST Index 3,341.46 +18.44 3,323.02 -7.26
Volume: 1,652.4M 1,478.1M
Value: $955.4M $853M
Gainers/Losers: 228/192 177/235
Daily Market Commentary (Securities)
27 Aug 2014
The FBM KLCI index gained 10.56 points or 0.57% on Wednesday. The Finance Index increased 0.45% to 17455.89 points, the Properties Index dropped 0.23% to 1508.75 points and the Plantation Index rose 0.83% to 8569.95 points. The market traded within a range of 16.98 points between an intra-day high of 1878.71 and a low of 1861.73 during the session.
Actively traded stocks include SUMATEC, GLOTEC, PDZ, MUIIND, TAKASO, SANICHI, EFFICEN, OLYMPIA, IFCAM SC and IFCAM SC-WA. Trading volume decreased to 2636.45 mil shares worth RM2406.72 mil as compared to Tuesday’s 3291.08 mil shares worth RM2119.99 mil.
Leading Movers were GENM (+22 sen to RM4.67), HLBANK (+46 sen to RM14.46), HLFG (+54 sen to RM17.58), BAT (+150 sen to RM72.90) and PETGAS (+42 sen to RM22.64). Lagging Movers were AMMB (-5 sen to RM6.74), UMW (-18 sen to RM12.28), IHH (-1 sen to RM4.89), AXIATA (-1 sen to RM6.94) and KLK (-2 sen to RM22.20). Market breadth was negative with 410 gainers as compared to 439 losers.
The KLCI ended the day on a positive note, closed higher at 1872.38 points amid the gains in Wall Street. Local trading sentiment improved, supported by strong US data on durable goods and increase in consumer confidence.
Date As of: 27 August 2014
Description Volume Value Frequency
ETF 12,400 2,340,700 27
Stock 5,671,552,919 5,741,303,230,285 256,416
Right 00 00 00
Warrant 86,882,043 3,907,644,515 1,647
Total 5,758,447,362 5,745,213,215,500 258,090
As of 27 August 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,293.12 2,816.37 1,476.75
Proprietary 3,422.82 3,567.11 -144.29
Foreign 7,159.06 6,739.74 419.32
Individual 29,973.95 31,725.74 -1,751.78
Total Trading Value 44,848.96 M.Baht
Vietnam index snaps rising streak on profit-taking
Vietnam's benchmark VN Index eased 0.05 percent, retreating after five straight sessions of gains as investors took profits.
The index, Southeast Asia's biggest gainer this year with a rise of 24.6 percent, closed at its highest in six-and-a-half years on Tuesday.
Hanoi-based lender Vietcombank lost 1.08 percent from its highest close since April 2013 reached on Tuesday,
Reuters data showed.
Analysts expect a correction, but still forecast an overall upward trend for the market.
"There are selling pressure, but money inflow is still very solid and rotating among sectors," said analyst Vu Duy Khanh of Navibank Securities.
Here is a snapshot of the VN Index at the close
VN Index 628.77
PREV. CLOSE 629.06
% CHANGE -0.05%
SE Asia Stocks - Most higher amid inflows; Indonesia ends losing streak
Most Southeast Asian stock markets gained on Wednesday in line with others in Asia, with Indonesia snapping three days of falls aided by bargain-hunting, but shares of coal miner PT Bumi Resources Tbk came under selling pressure.
Jakarta's Composite Index finished up 0.4 percent, recovering from a combined 1.2 percent loss over the past three sessions, amid selective buying in recently beaten-down stocks such as Bank Rakyat Indonesia .
Among underperformers, Bumi Resources dropped 2.1 percent after a report that Indonesia may revoke the contracts of 17 coal miners that owe royalties to the government, including PT Arutmin Indonesia, a unit of PT Bumi Resources Tbk.
The region brought in foreign inflows amid positive sentiment in Asia, including Malaysia's 157.61 million ringgit($50 million) worth of net foreign buying and Thailand's 419 million baht ($13.13 million), stock exchange data showed.
The Philippine stock market posted a net foreign inflow of 1.2 billion peso ($27.48 million), mainly from strong inflows into shares of Philippine Long Distance Telephone , stock exchange data showed.
The euro was cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 447.27 444.82 +0.55
Singapore 3341.46 3323.02 +0.55
Kuala Lumpur 1872.38 1861.82 +0.57
Bangkok 1564.58 1560.17 +0.28
Jakarta 5165.25 5146.55 +0.36
Manila 7160.46 7146.35 +0.20
Ho Chi Minh 628.77 629.06 -0.05