ASEAN KEY DESTINATIONS
29 August 2013
The Straits Times Index (STI) ended 33.85 points higher or +1.13% to 3,038.03, taking the year-to-date performance to -4.07%.
The FTSE ST Mid Cap Index gained +0.51%, while the FTSE ST Small Cap Index gained +0.54%. The top active stocks were Thai Beverage (+23.81%), SingTel (+0.29%), DBS (+0.76%), OCBC Bank (+0.81%) and UOB (+1.05%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+5.31%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+1.28%) and Thai Beverage (+23.81%). The underperforming sector was the FTSE ST Real Estate Investment Trusts Index, which declined -0.01% with both Capitamall Trust’ and Ascendas REIT’s share prices remaining unchanged. The FTSE ST Health Care Index gained +1.00% while the FTSE ST Industrials Index gained +0.93%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India 100 (+2.79%), SPDR Gold Shares (-1.40%) and STI ETF (+0.99%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall (unchanged), and CapitaComm (-1.11%).
The most active index warrants by value today were HSI21400MBePW130927 (-16.48%), HSI21600MBeCW130927 (+14.12%) and HSI22000MBePW130927 (-10.14%).
The most active stock warrants by value today were DBS MB eCW131105 (+2.89%), OCBC Bank MBeCW140102 (+9.91%) and Keppel Corp MBeCW131101 (-4.40%).
*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 3,038.03 +33.85 3,004.18 -29.84
Volume: 3,878.7M 3,046.5M
Value: $1,311.5M $1,542.6M
Gainers/Losers: 299/148 114/373
Daily Market Commentary (Securities)
29 Aug 2013
The FBM KLCI index gained 17.61 points or 1.04% on Thursday. The Finance Index increased 1.27% to 15987.15 points, the Properties Index up 2.24% to 1257.66 points and the Plantation Index rose 0.76% to 8110.52 points. The market traded within a range of 23.11 points between an intra-day high of 1707.19 and a low of 1684.08 during the session.
Actively traded stocks include COMPUGT, SONA-WA, TMS, MAS, MOTECH, THHEAVY, SUMATEC-WA, CLIQ-WA, MPAY-WA and FLONIC. Trading volume increased to 18515.82 mil shares worth RM2260.87 mil as compared to Wednesday’s 2242.84 mil shares worth RM3373.42 mil.
Leading Movers were CIMB (+9 sen to RM7.20), UEMS (+11 sen to RM2.44), SKPETRO (+14 sen to RM3.51), DIGI (+1 sen to RM4.67) and SIME (+7 sen to RM9.39). Lagging Movers were , PETDAG (-32 sen to RM26.36), HLFG (-28 sen to RM14.12) and HLBANK (-8 sen to RM13.70). Market breadth was positive with 678 gainers as compared to 182 losers.
The local bourse rebounded and closed at 1703.78 points, in line with the overnight gain in US market, which ended its two sessions of losses following the fine performance in the energy sector.
Date As of: 29 August 2013
Description Volume Value Frequency
ETF 69,500 26,639,500 31
Stock 5,351,006,482 6,740,514,913,165 215,424
Warrant 117,068,000 6,757,582,500 2,287
Total 5,468,143,982 6,747,299,135,165 217,742
As of 29 Aug 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,385.34 2,402.58 -17.24
Proprietary 6,276.83 7,906.23 -1,629.40
Foreign 10,853.37 10,474.45 378.92
Individual 17,819.23 16,551.51 1,267.72
Total Trading Value 37,334.76 M.Baht
Vietnam's VN Index closed down 1 percent on Thursday, bucking a regional sharemarket rebound as foreigners dumped stocks and local investors were reluctant to get involved, analysts said.
Financials led the fall with Vietcombank down 5.3 percent and BaoViet Holdings shedding 4.5 percent, fuelled by net selling by exchange-traded funds.
Real estate companies also lost, with VinGroup down 3.15 percent and Hoang Anh Gia Lai 1 percent.
The foreign outflow meant the index could struggle to regain lost ground, unless there was news that could change sentiment
about Vietnam's sluggish economy, said Tran Minh Hoang of Vietcombank Securities.
"If foreign investors keep selling in the next days, the index will be unable recover as local investors always been
impacted negatively by foreigners' selling," Hoang said.
Here is a snapshot of the VN Index
VN Index 468.55
PREV. CLOSE 473.3
% CHANGE -1.00%
Indonesian shares rose for a second straight session on Thursday after the central bank raised interest rates, while Philippine stocks surged on
stronger-than-expected second-quarter GDP and the prospect of further growth.
Jakarta's Composite Index closed up 1.9 percent at the day's high of 4,103.59, pulling the benchmark from an oversold level of below 30 for the first time in almost two weeks. Its 14-day relative strength index was at 33.
Late afternoon, Bank Indonesia announced increases of 50 basis points for two key interest rates and forecast that the current account deficit will narrow in the third quarter.
The improving macro-economic outlook lifted broader market sentiment, with buying most active in large caps such as Astra International.
Shares in state-backed companies rose with Telkomunikasi Indonesia extending gains from the previous session amid a share buy-back plan.
The Philippine main index jumped 3.6 percent, making it the region's top performer of the day. It also recovered about half of its 7 percent loss over the past two sessions and bounced from the oversold mark, with its 14-day RSI at 34.7 at Thursday close.
Most Southeast Asian stocks staged a mild rebound, tracking gains in global markets. Stocks in Thailand and Singapore rose after 10 sessions of losses, while Malaysian stocks snapped a two-day falling streak.
Signs of a delay in expected Western military strikes on Syria ended a three-day sell-off on world share markets, but investors were on edge over whether any action would trigger turmoil across the Middle East.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 377.28 370.64 +1.79
Singapore 3038.03 3004.18 +1.13
Kuala Lumpur 1703.78 1686.17 +1.04
Bangkok 1292.53 1275.76 +1.31
Jakarta 4103.59 4026.47 +1.92
Manila 5944.21 5738.06 +3.59
Ho Chi Minh 468.55 473.30 -1.00
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