ASEAN KEY DESTINATIONS
24 December 2014
The Straits Times Index (STI) ended +11.91 points higher or +0.36% to 3344.42, taking the year-to-date performance to +5.67%.
The FTSE ST Mid Cap Index gained +0.48% while the FTSE ST Small Cap Index gained +0.12%. The top active stocks were UOB (-0.49%), OCBC Bank (+0.38%), SingTel (+0.26%), DBS (+0.60%) and Keppel Corp (+1.26%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+2.29%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+0.77%) and Biosensors International Group (+6.60%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.68% with United Envirotech’s share price (unchanged), and Hyflux’s share price declining (unchanged).
The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (unchanged), LYXOR ASIA (unchanged), IS USD ASIA HY BOND ETF (+0.48%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.42%), CapitaCom Trust (+0.89%), Suntec REIT (+0.51%).
The most active index warrants by value today were HSI23200MBePW150129 (-6.25%), HSI24000MBeCW150129 (unchanged), HSI23400MBeCW150129 (+0.84%).
The most active stock warrants by value today were DBS MB eCW150602 (+3.28%), UOB MB eCW150415 (-4.27%), DBS MB ePW150402 (-4.59%).
Singapore Stock Market
*ST Index 3,345.91 +13.4 3,332.51 +1.55
Volume: 619.5M 993M
Value: $475.6M $778.2M
Gainers/Losers: 210/109 171/221
Daily Market Commentary (Securities)
24 Dec 2014
The FBM KLCI index gained 0.69 points or 0.04% on Wednesday. The Finance Index fell 0.06% to 15499.17 points, the Properties Index dropped 0.19% to 1299.48 points and the Plantation Index rose 0.47% to 7758.96 points. The market traded within a range of 19.63 points between an intra-day high of 1751.78 and a low of 1732.15 during the session.
Actively traded stocks include HUBLINE, ICON-CB, ICON, COMPUGT, SUMATEC, KRONO, ICON-CA, ESCREAM, TIGER and BORNOIL. Trading volume decreased to 1048.90 mil shares worth RM995.56 mil as compared to Tuesday’s 1511.29 mil shares worth RM1665.94 mil.
Leading Movers were UMW (+30 sen to RM11.00), KLK (+42 sen to RM21.88), AMMB (+12 sen to RM6.58), FGV (+4 sen to RM2.25) and GENM (+7 sen to RM4.06). Lagging Movers were BAT (-200 sen to RM63.90), HLBANK (-20 sen to RM13.98), IOICORP (-6 sen to RM4.67), CIMB (-7 sen to RM5.51) and MISC (-9 sen to RM7.19). Market breadth was negative with 333 gainers as compared to 394 losers.
The KLCI ended marginally higher by 0.69 points at 1749.74, tracking overnight gains in Wall Street as investors’ sentiment was buoyed by positive economic data which showed that US economy grew at the fastest pace in 11 years. Our benchmark index was underpinned by gains in UMW Holdings and Petronas-linked counters. Trading volume was thin ahead of the festive season.
Date As of: 24 December 2014
Description Volume Value Frequency
ETF 23,500 13,742,100 126
Stock 8,359,377,016 9,299,883,351,458 184,898
Right 00 00 00
Warrant 109,211,550 5,905,483,000 2,374
Total 8,468,612,066 9,305,802,576,558 187,398
As of 24 December 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,876.72 3,597.85 278.87
Proprietary 3,219.68 2,711.95 507.72
Foreign 4,694.45 4,576.18 118.26
Individual 29,268.24 30,173.09 -904.85
Total Trading Value 41,059.09 M.Baht
Vietnam index gains 0.3 pct, trade dull during holiday
Vietnam's benchmark VN Index rose 0.29 percent at Wednesday's close on global recoveries, but trading volume dropped near a five-month low
during the holiday season.
PetroVietNam Gas , Vietnam's biggest firm by market value, advanced 1.43 percent, and food producer Masan Group Corp rose 2.45 percent, in line with rallies on the global equity markets after surprisingly upbeat U.S. growth data.
But top insurer Baoviet Holdings bucked market trend to drop 4.48 percent, after the company announced changes in executive positions on Tuesday.
Volume fell to 71 million shares, the lowest level since Aug. 1, as the market lacked participants during the holiday-shortened week and ahead of the New Year holidays.
Here is a snapshot of the VN Index at the close
VN Index 539.44
PREV. CLOSE 537.88
% CHANGE 0.29%
SE Asia Stocks- Indonesia rises to 3-wk high; Singapore, Malaysia extend gains
Indonesian stocks hit a near 3-week closing high on Wednesday, while Singapore and Malaysia rose for a sixth successive session as increased risk appetite by investors boosted regional bourses after surprisingly robust U.S. economic growth data.
Regional large caps such as Singapore Telecommunications and Malaysia's Malayan Banking led the gainers after revised data on Tuesday showed the U.S. economy grew at 5 percent in the third quarter, the quickest pace in 11 years.
The Jakarta composite index ended 0.5 percent higher at 5,166.98, the highest close since Dec. 5, after Tuesday's modest rise. Vietnam gained 0.3 percent.
Singapore's key Straits Times Index finished up 0.4 percent, building on the 3.7 percent gains seen over the past five days. The key Malaysian index firmed slightly, further recovering from a low of 1,673.94 hit on Dec. 16.
Thai shares , however, fell for the second day, erasing midsession gains to close 0.4 percent lower amid late profit-taking in large caps such as Bangkok Bank which edged down 0.3 percent.
"For short-term strategy, we see a good opportunity to accumulate big-cap stocks, such as Kasikornbank, Bangkok Bank ... to lock in gains on the year-end window dressing," strategists at broker Phillip Securities wrote in a report.
Foreign investors bought Malaysian shares worth a net 47 million ringgit ($13.45 million) and Thai shares worth a net 118 million baht ($3.59 million).
Singapore and Malaysia will be closed for Christmas on Thursday. Indonesia will be shut on Thursday and Friday.
The Philippine stock market is closed on Wednesday through Friday for the Christmas holidays, and will reopen on Monday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3345.91 3332.51 +0.40
Kuala Lumpur 1749.74 1749.05 +0.04
Bangkok 1525.06 1531.17 -0.40
Jakarta 5166.98 5139.17 +0.54
Ho Chi Minh 539.44 537.88 +0.29