ASEAN KEY DESTINATIONS
26 December 2014
The Straits Times Index (STI) ended +7.77 points higher or +0.23% to 3353.68, taking the year-to-date performance to +5.96%.
The FTSE ST Mid Cap Index gained +0.16% while the FTSE ST Small Cap Index gained +0.08%. The top active stocks were OCBC Bank (+0.10%), DBS (+0.74%), IHC (-1.79%), Keppel Corp (-1.35%) and UOB (+0.49%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.59%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+2.04%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -0.83% with Keppel Corp’s share price declining -1.35% and Sembcorp Industries’s share price gaining +0.68%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-1.79%), DBXT MSCI China TRN ETF (+1.65%), LYXOR China H (-0.86%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.26%), CapitaCom Trust (unchanged), Ascendas REIT (+0.41%).
The most active index warrants by value today were CN11000MBeCW150528 (+40.63%), STI 3200MBePW150430 (unchanged), CN9000MBePW150330 (-37.50%).
The most active stock warrants by value today were KepCorp MBeCW150602 (-7.35%), DBS MB eCW150602 (+3.97%), DBS MB eCW150701 (+1.81%).
Singapore Stock Market
*ST Index 3,353.68 +7.77 3,345.91 +13.4
Volume: 775.4M 619.5M
Value: $394.9M $475.6M
Gainers/Losers: 189/184 210/109
Daily Market Commentary (Securities)
26 Dec 2014
The FBM KLCI index gained 14.70 points or 0.84% on Friday. The Finance Index increased 1.40% to 15716.02 points, the Properties Index up 0.05% to 1300.16 points and the Plantation Index rose 0.93% to 7830.79 points. The market traded within a range of 18.41 points between an intra-day high of 1765.61 and a low of 1747.20 during the session.
Actively traded stocks include HUBLINE, DPS-OR, ICON, KRONO, JOBST, TIGER, ASIABIO, AEM-WA, FBMKLCI-CO and VSOLAR. Trading volume decreased to 846.49 mil shares worth RM870.11 mil as compared to Wednesday’s 1048.90 mil shares worth RM995.56 mil.
Leading Movers were PBBANK (+56 sen to RM18.46), IOICORP (+13 sen to RM4.80), YTL (+3 sen to RM1.63), MAYBANK (+15 sen to RM9.16) and PETDAG (+28 sen to RM17.36). Lagging Movers were FGV (-4 sen to RM2.21), KLCC (-8 sen to RM6.88), SKPETRO (-2 sen to RM2.36), MAXIS (-4 sen to RM6.80) and PETCHEM (-3 sen to RM5.41). Market breadth was positive with 436 gainers as compared to 255 losers.
The day ended higher with the KLCI surged 14.70 points to close at 1764.44, buoyed by buying interest in banking stocks, amid the bearish sentiment pursuant to decline in Japan’s industrial output in November, which added weakness in global economic growth. Trading volume was thin as some regional peers were shut down for the Christmas holidays.
As of 26 December 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,732.55 3,730.10 2.45
Proprietary 2,995.97 3,242.40 -246.43
Foreign 2,488.01 2,538.66 -50.66
Individual 18,627.26 18,332.62 294.64
Total Trading Value 27,843.78 M.Baht
Vietnam index rises 0.3 pct, big-caps lead
Vietnam's benchmark VN Index closed up 0.26 percent on Friday, as gains in some big-caps provided a cushion for falls in many other shares, led
by PetroVietNam Gas, the country's biggest firm by market value.
GAS shares advanced 3.68 percent, rebounding from Thursday's tumble triggered by a slip in global oil prices, while Hanoi-based lender Vietcombank climbed 3.01 percent in solid volume.
Shareholders of Vietcombank, Vietnam's top lender by market value, approved on Friday a merger guideline that would allow its board of directors to find "an appropriate partner" and to propose a merger project with another lender, Vietcombank said on its web site.
Analysts and traders said VCB shares are in focus of foreign long-term funds as energy stocks have been slipping off the table due to a gloomy global sector outlook while banking equities are of offshore investors' appetite.
Here is a snapshot of the VN Index
VN Index 533.37
PREV. CLOSE 532.01
% CHANGE 0.26%
SE Asia Stocks-Malaysia posts best week since May 2013
Malaysia's key index hit a more than two-week high on Friday, marking the best weekly gain in 19 months, as inflows from domestic institutions lifted large caps while the Thai benchmark rebounded after late buying in dividend-yielding stocks.
Malaysia's FTSE Bursa Malaysia KLCI index rose 0.8 percent to 1,764.44, the highest close since Dec. 10, with shares of Public Bank up 3.1 percent, the top gainer on the index and among actively-traded stocks by turnover.
The key index notched up a 2.8 percent gain on the week, the biggest since the week ended May 10, 2013.
Domestic institutions bought shares worth a net 80.6 million ringgit ($23.10 million) while foreign and local investors were net sellers, stock exchange data showed.
Thai SET index edged up 0.4 percent, trimming losses on the week to 0.3 percent, its third straight week of declines, led by shares of dividend yielding telecoms such as Advanced Info Service and Intuch Holdings.
Singapore was among outperformers on the week, with the key Straits Times Index 2.3 percent, ending three consecutive weeks of losses.
The Indonesia and Philippine markets were shut on Friday, with trading set to resume Monday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3353.68 3345.91 +0.23
Kuala Lumpur 1764.44 1749.74 +0.84
Bangkok 1510.41 1504.89 +0.37
Ho Chi Minh 533.37 532.01 +0.26