ASEAN KEY DESTINATIONS
03 December 2014
The Straits Times Index (STI) ended -18.93 points lower or -0.57% to 3303.39, taking the year-to-date performance to +4.38%.
The FTSE ST Mid Cap Index declined -0.03% while the FTSE ST Small Cap Index declined -0.45%. The top active stocks were DBS (-0.56%), Keppel Corp (-1.06%), SingTel (-1.02%), OCBC Bank (-1.35%) and UOB (+0.50%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+0.62%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+1.04%) and Biosensors International Group (unchanged). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -1.57% with Keppel Corp’s share price declining -1.06% and Sembcorp Industries' share price declining -3.23%.
The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (unchanged), IS MSCI India (-0.89%), United SSE 50 China ETF (+3.14%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-1.54%), CapitaMall Trust (-0.51%), Ascendas REIT (-1.29%).
The most active index warrants by value today were HSI23800MBeCW141230 (-19.23%), HSI23600MBePW141230 (+17.39%), HSI23200MBePW150129 (+16.98%).
The most active stock warrants by value today were DBS MB ePW150402 (+8.39%), DBS MB eCW150602 (-7.21%), OCBC Bk MBeCW150413 (-11.11%).
Singapore Stock Market
*ST Index 3,303.39 -18.93 3,322.32 +16.68
Volume: 1,190.8M 1,182.3M
Value: $875.4M $1,067.5M
Gainers/Losers: 139/268 219/171
Daily Market Commentary (Securities)
3 Dec 2014
The FBM KLCI index lost 27.82 points or 1.56% on Wednesday. The Finance Index fell 1.91% to 15648.63 points, the Properties Index dropped 0.81% to 1345.72 points and the Plantation Index down 1.02% to 8081.04 points. The market traded within a range of 30.89 points between an intra-day high of 1789.04 and a low of 1758.15 during the session.
Actively traded stocks include PERISAI, MINETEC, IFACAMSC, SUMATEC, KNM, BJCORP, SYSTECH, SKPETRO, DIALOG and ASIABIO. Trading volume decreased to 1560.06 mil shares worth RM1969.46 mil as compared to Tuesday’s 2161.18 mil shares worth RM2178.13 mil.
Leading Movers were PETDAG (+16 sen to RM14.94), MAXIS (+6 sen to RM6.84), UMW (+8 sen to RM11.00), MISC (+1 sen to RM7.14) and AXIATA (+1 sen to RM6.94). Lagging Movers were HLFG (-84 sen to RM15.96), SKPETRO (-12 sen to RM2.44), ASTRO (-15 sen to RM3.29), CIMB (-23 sen to RM5.57) and PETCHEM (-20 sen to RM5.30). Market breadth was negative with 197 gainers as compared to 678 losers.
The day ended with the KLCI closing sharply lower at 1758.15 points, as the subdued crude oil and palm oil prices weighed on weak market sentiment. The performance of our benchmark index was bogged down by selling in banking counters such as Hong Leong Financial, CIMB, RHB Capital and Maybank.
Date As of: 03 December 2014
Description Volume Value Frequency
ETF 19,800 11,268,300 14
Stock 6,677,819,459 5,723,024,235,162 242,035
Right 326,700 326,700 12
Warrant 20,326,600 1,270,886,800 1,225
Total 6,698,492,559 5,724,306,716,962 243,286
As of 3 December 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,567.85 4,371.88 195.96
Proprietary 3,777.82 4,176.36 -398.54
Foreign 9,726.73 8,363.23 1,363.50
Individual 28,436.81 29,597.73 -1,160.92
Total Trading Value 46,509.21 M.Baht
Vietnam index ends up 1 pct, Eximbank jumps
Vietnam's benchmark VN Index climbed 0.96 percent at the close on Wednesday as most blue chips rose, including lender Eximbank <EIB.HM> that outperformed the market.
Shares of Ho Chi Minh City-based Eximbank jumped 6.78 percent to 12,600 dong ($0.59) to close at the highest since Sept. 16, with a solid vlume of 2.7 million shares, a level unseen in more than eight months, Reuters data showed.
Hanoi-based Vietcombank , Vietnam's top lender by market value, ended up 2.14 percent near a three-month high, and PetroVietNam Gas, which accounts for a fifth of total market value, closed 1.74 percent higher.
The index has risen from the previous session when the government said economic growth this year would be higher than 5.9 percent. On Wednesday the World Bank also revised up its forecast for Vietnam's GDP growth to 5.6 percent from 5.4 percent previously.
Here is a snapshot of the VN Index at the close
VN Index 574.88
PREV. CLOSE 569.43
% CHANGE 0.96%
SE Asia Stocks - Malaysia at near 15-month low on outflows, weak oil prices
Most Southeast Asian stock markets ended flat to weaker on Wednesday, with Malaysia's key stock index sliding to a near 15-month closing low amid foreign outflows and a fall in the ringgit due to concerns over the impact of lower crude prices.
Kuala Lumpur's composite index fell 1.6 percent to 1,758.15, the lowest close since September 2013. The ringgit lost as much as 0.5 percent to 3.4420 per dollar, its weakest since February 2010.
Malaysia is a net oil exporter and major palm oil producer.
Foreign investors sold shares worth a net 201 million ringgit ($58.43 million), their sixth straight session of net selling, a Malaysian bourse statement said.
Brent held above $70 a barrel on Wednesday, recovering slightly from losses in the prior session as a turbulent market struggled to find a price floor.
Among underperformers, Jakarta's composite index ended 0.19 percent lower after a rally over the past five sessions when the falling oil price helped ease concerns about fiscal and trade deficit of Indonesia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3303.39 3322.32 -0.57
Kuala Lumpur 1758.15 1785.97 -1.56
Bangkok 1594.58 1594.00 +0.04
Jakarta 5166.04 5175.79 -0.19
Manila 7360.75 7344.23 +0.22
Ho Chi Minh 574.88 569.43 +0.96