ASEAN KEY DESTINATIONS
19 December 2014
The Straits Times Index (STI) ended +35.88 points higher or +1.11% to 3279.53, taking the year-to-date performance to +3.62%.
The FTSE ST Mid Cap Index gained +0.07% while the FTSE ST Small Cap Index declined -0.09%. The top active stocks were SingTel (-1.29%), DBS (+2.05%), Keppel Corp (+1.90%), OCBC Bank (+1.58%) and UOB (+1.28%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+2.13%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+2.92%) and STATS ChipPAC (+1.16%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -1.19% with SingTel’s share price declining -1.29% and StarHub’s share price declining -0.25%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBXT MSCI Asia Ex Japan ETF (+1.14%), Nikko Am Singapore STI ETF (+0.90%), IS MSCI India (+1.11%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.51%), CapitaMall Trust (-0.50%), Ascendas REIT (-0.43%).
The most active index warrants by value today were HSI23400MBeCW150129 (+23.86%), HSI24000MBeCW150129 (+27.78%), HSI22600MBePW150129 (-22.03%).
The most active stock warrants by value today were KepCorp MBePW150603 (-8.03%), DBS MB eCW150602 (+18.56%), SGX MB eCW150803 (+12.50%).
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 3,279.53 +35.88 3,243.65 +16.42
Volume: 1,305.3M 1,167.1M
Value: $1,227M $1,233.5M
Gainers/Losers: 250/190 220/169
Daily Market Commentary (Securities)
19 Dec 2014
The FBM KLCI index gained 16.04 points or 0.94% on Friday. The Finance Index increased 0.95% to 15273.77 points, the Properties Index up 2.06% to 1284.23 points and the Plantation Index rose 0.66% to 7477.66 points. The market traded within a range of 14.31 points between an intra-day high of 1720.78 and a low of 1706.47 during the session.
Actively traded stocks include MINETEC, SUMATEC, ARMADA, SYSTECH, PERISAI, ASIABIO, GLOTEC, SKPETRO, KNM and HUBLINE. Trading volume decreased to 1867.45 mil shares worth RM2214.13 mil as compared to Thursday’s 1908.52 mil shares worth RM1928.35 mil.
Leading Movers were ASTRO (+16 sen to RM3.09), KLCC (+21 sen to RM6.99), GENTING (+26 sen to RM9.02), MAYBANK (+21 sen to RM8.78) and PETCHEM (+12 sen to RM5.22). Lagging Movers were FGV (-8 sen to RM2.23), YTL (-3 sen to RM1.60), SIME (-12 sen to RM8.96) and HLFG (-14 sen to RM16.56). Market breadth was positive with 606 gainers as compared to 257 losers.
The KLCI jumped 16.04 points to end the last trading day of the week at 1715.99, tracking the overnight surge in Wall Street following the US Federal Reserve’s upbeat assessment of the US economy and promise to take a “patient” approach toward raising interest rates. The bullish trend in our benchmark index is supported by buying in heavyweight counters such as Astro, Petronas-linked counters and Tenaga.
Date As of: Friday, December 19, 2014
Description Volume Value Frequency
ETF 300 167,200 03
Stock 13,852,374,838 9,273,669,146,326 256,602
Right 30 1,500 03
Warrant 12,004,900 463,757,400 209
Total 13,864,380,068 9,274,133,072,426 256,817
As of 19 December 2014 Unit: M.Baht
Type Buy Sell Net
Institution 6,628.85 4,023.73 2,605.12
Proprietary 5,674.76 4,488.96 1,185.79
Foreign 11,961.64 11,931.53 30.11
Individual 33,437.28 37,258.31 -3,821.02
Total Trading Value 57,702.52 M.Baht
Vietnam index falls 1 pct; ETF reviews boost volumes
Vietnam's benchmark VN Index closed 1.01 percent lower on Friday in heavy trading as two exchange-traded funds completed their quarterly reviews.
Hanoi-based Vietcombank , Vietnam's biggest lender by market value, led the decliners with a 6.91 percent fall, with volumes at a five-year high of 4.9 million shares, .
Top insurer Baoviet Holdings dropped 6.97 percent to its lowest close in two years, while food producer Masan Group fell 1.9 percent to the lowest since February 2011.
Market Vectors Vietnam and db x-trackers FTSE , the two major exchange-traded funds (ETF) on the Vietnamese market, had their last review trading sessions on Friday, which analysts said contributed to a 60-percent surge in volume.
Both ETFs have Masan and Vietcombank shares in their portfolios, while Market Vectors Vietnam also has Baoviet as of Nov. 30.
Here is a snapshot of the VN Index at the close
VN Index 523.09
PREV. CLOSE 528.45
% CHANGE -1.01%
SE Asia Stocks-Most end stronger; US Fed signal continues to boost sentiment
Most Southeast Asian stock markets rose on Friday as the U.S. Federal Reserve's pledge to be "patient" about hiking interest rates continued to boost sentiment.
The Fed's signal "continues to be the positive catalyst that supports the global market rally," Jakarta's BNI Securities said in a research note on Friday.
The markets had been highly volatile earlier in the week as plunging oil prices and the Russian rouble caused outflows from the region due to global risk aversion.
The Indonesian stock index rose 0.6 percent for the day, extending a 1.5 percent gain from the previous session.
However, the index fell 0.3 percent for the week amid volatility in the Indonesian rupiah.
Shares in PT Telekomunikasi Indonesia (Telkom) Tbk , Indonesia's largest telecommunication company, rose 0.5 percent.
Telekom shareholders on Friday appointed Alex Sinaga as the new CEO. Sinaga was previously CEO of Telkom's mobile phone network unit, Telkomsel.
Philippine stocks < rose 1.4 percent for the day, but posted their third weekly loss.
Aboitiz Equity Ventures, Inc , a Philippine investment company, rose 1.1 percent.
Broker Maybank ATR Kim Eng upgraded Aboitiz to 'hold' and raised its target price by 20 percent on improving growth prospects of the company's power generation and distribution unit, it said in a note on Friday.
The Thai stock index lost 0.2 percent for the day, retreating from a 3.7 percent gain in the previous two sessions.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3279.53 3243.65 +1.11
Kuala Lumpur 1715.99 1699.95 +0.94
Bangkok 1514.35 1516.79 -0.16
Jakarta 5144.62 5113.35 +0.61
Manila 7125.63 7029.28 +1.37
Ho Chi Minh 523.09 528.45 -1.01