ASEAN KEY DESTINATIONS
12 December 2013
The Straits Times Index (STI) ended 1.70 points lower or -1.70% to 3,059.04, taking the year-to-date performance to -3.41%.
The FTSE ST Mid Cap Index declined -0.09% while the FTSE ST Small Cap Index gained +0.00%. The top active stocks were DBS (+0.24%), SingTel (+0.28%), OCBC (-0.31%), UOB (+0.99%) and Hutchison Port Trust Holdings (+4.07%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.21%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+3.33%) and Hyflux (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -1.74% with Liongold Corp’s price remaining unchanged and STATS ChipPAC’s share price declining -1.64%. The FTSE ST Consumer Goods Index gained +0.65%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.17%), iShares MSCI India (-0.84%) and SPDR STI ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), Suntec REIT (unchanged) and CapitaMall Trust (unchanged).
The most active index warrants by value today were HSI23400MBePW131230 (+11.54%), HSI24000MBeCW140129 (-10.71%) and HSI23600MBePW140129 (+6.90%).
The most active stock warrants by value today were DBS MB eCW140502 (-4.62%), DBS MB eCW140303 (-7.14%) and UOB MB eCW140303 (+9.80%).
Singapore Stock Market
*ST Index 3,059.04 -1.7 3,060.74 -20.98
Volume: 1,942.3M 1,426.3M
Value: $1,051.2M $1,057.8M
Gainers/Losers: 155/189 106/289
Daily Market Commentary (Securities)
12 Dec 2013
The FBM KLCI index lost 8.95 points or 0.49% on Thursday. The Finance Index fell 0.44% to 16841.34 points, the Properties Index dropped 0.28% to 1289.18 points and the Plantation Index down 0.14% to 8981.36 points. The market traded within a range of 7.42 points between an intra-day high of 1840.54 and a low of 1833.12 during the session.
Actively traded stocks include TIGER, BIMB-WA, L&G, XDL, SOLUTN, SUMATEC, INSAS, HIBISCS-WA, SANICHI and INARI-WA. Trading volume decreased to 1073.67 mil shares worth RM1637.03 mil as compared to Wednesday’s 1157.86 mil shares worth RM2077.67 mil.
Leading Movers were KLK (+22 sen to RM24.50), BAT (+14 sen to RM64.14), PETGAS (+10 sen to RM22.60), DIGI (+7 sen to RM4.83) and UMW (+6 sen to RM12.36). Lagging Movers were TENAGA (-30 sen to RM11.00), HLFG (-28 sen to RM15.54), PPB (-14 sen to RM15.30), MISC (-13 sen to RM5.37) and TM (-12 sen to RM5.38). Market breadth was negative with 320 gainers as compared to 407 losers.
The KLCI ended lower at 1833.87 points, in tandem with the lower Asian and U.S. markets. The speculation that Federal Reserve may trim stimulus as soon as next week had sparked selldown in the regions.
Date As of: 12 December 2013
Description Volume Value Frequency
ETF 1,000 358,000 01
Stock 4,167,247,394 4,472,629,986,430 111,038
Right 652,700 35,983,500 45
Warrant 33,431,000 2,295,812,500 718
Total 4,201,332,094 4,474,962,140,430 111,802
As of 12 December 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,548.58 1,421.52 1,127.06
Proprietary 2,475.79 2,486.76 -10.97
Foreign 7,382.79 10,910.58 -3,527.78
Individual 14,690.84 12,279.14 2,411.70
Total Trading Value 27,098.01 M.Baht
Vietnam's benchmark VN Index edged up 0.32 percent to close at 506.92 points on Thursday, led by gains in most blue chips while analysts expected the index could face a downward trend until the end of the month due in part to weak inflows.
Food producer Ma San Group led the gains, with shares climbing 1.75 percent, followed by the country's largest listed firm PetroVietNam Gas which rose 0.78 percent.
But the index could fall within the next two weeks as technical indicators showed it would not be able to surpass the 513-point resistance level, said deputy manager Nguyen Tuan at An Binh Securities.
The index bounced back each of the three times it surpassed 513 points last month, while liquidity remained modest, suggesting money inflow was not strong enough to boost the index further, Tuan added.
A large amount of shares of dairy product maker Vinamilk was traded on Thursday as two foreign funds sold part of the targeted 13.4 million VNM in their portfolio restructuring, Tuan said.
Trading in the share helped lift the market value to 2.44 trillion dong ($115.7 million), a surge of 73 percent, the exchange data show.
Here is a snapshot of the VN Index at the close
VN Index 506.92
PREV. CLOSE 505.31
% CHANGE 0.32%
Major Southeast Asian stocks fell on Thursday, led by Philippine and Indonesian shares on worries the U.S. monetary stimulus tapering would come sooner than previously thought, while Thai stocks retreated amid political uncertainty.
The Philippine main index finished down 2.14 percent, its biggest one-day loss in more than two months, with selling most active in shares of Metropolitan Bank & Trust , which fell 2 percent to their lowest since October 2012.
The sell-off erased all the gains of the benchmark of 30 large-cap stocks so far this year, turning them into a year-to-date loss of almost 1 percent.
The Philippine central bank announced after market close that it left its benchmark interest rate unchanged at a record low of 3.5 percent, in line with expectations.
Indonesia slid 1.4 percent with banking shares among the losers after the central bank kept its benchmark reference rate unchanged at 7.50 percent as expected.
Bank Indonesia said it would strengthen its monetary policy response due to the Fed's planned scale back of monetary stimulus.
Foreign investors were net sellers of shares in the Philippines and Indonesia worth 675.64 million peso ($15.31 million) and 390.5 billion rupiah ($32.57 million) respectively,
In Bangkok, the benchmark SET index fell nearly 1 percent to the lowest in almost three weeks amid foreign selling and losses in large caps such as Advanced Info Service
The Thai stock market suffered outflows for a fifteenth straight session on Thursday as the country has been in a state of political turmoil.
Foreign selling of Thai shares was worth a combined $1.7 billion since Nov. 20, stock exchange data showed.
The Singapore index eased 0.06 percent, hovering around its lowest in more than three months, while the Malaysian index was down 0.5 percent, further off a record close of 1,843.85 hit on Tuesday, as broader Asia pulled lower.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 390.46 393.89 -0.87
Singapore 3059.04 3060.74 -0.06
Kuala Lumpur 1833.87 1842.82 -0.49
Bangkok 1356.21 1369.35 -0.96
Jakarta 4212.22 4271.74 -1.39
Manila 5762.53 5888.74 -2.14
Ho Chi Minh 506.92 505.31 +0.32
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