Sign up | Log in



Home  >>  Daily News  >>  ASEAN STOCK WATCH

ASEAN STOCK WATCH Asean Affairs  4 December  2013 


04 December 2013

The Straits Times Index (STI) ended 26.97 points lower or -0.85% to 3,160.70, taking the year-to-date performance to -0.20%.

The FTSE ST Mid Cap Index declined -0.67% while the FTSE ST Small Cap Index declined -0.38%. The top active stocks were OCBC (-0.97%), DBS (unchanged), SingTel (-0.54%), UOB (-1.00%) and Keppel Corporation (-1.50%).

The outperforming sectors today were represented by the FTSE ST Technology Index (+0.25%). The two biggest stocks of the FTSE ST Basic Technology Index are Liongold Corporation (-5.95%) and STATS ChipPAC (-1.61%). The underperforming sector was the FTSE ST Utilities Index, which declined -1.21% with United Envirotech’s share price remaining unchanged and Hyflux’s share price declining -1.26%. The FTSE ST Consumer Goods Index declined -0.92%.

The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (+1.70%), SPDR Gold Shares (-0.52%) and DBXT MSCI Thailand TRN ETF (+1.43%).

The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-1.79%), Suntec REIT (-0.97%) and CapitaMall Trust (-0.52%).

The most active index warrants by value today were HSI23600MBePW140129 (+8.85%), HSI24000MBeCW140129 (-11.85%) and HSI23600MBeCW131230 (-18.90%).

The most active stock warrants by value today were DBS MB eCW140204 (-2.38%), KepCorp MBeCW140203 (-11.22%) and DBS MB ePW140401 (-4.24%).
Singapore Stock Market
                           Wednesday             Tuesday
*ST Index     3,160.7  -26.97     3,187.67  -1.09
Volume:              1,942.9M             1,392.6M
Value:               $1,027.4M              $851.7M
Gainers/Losers:     130/267                166/237


Daily Market Commentary (Securities)
4 Dec 2013

The FBM KLCI index lost 2.39 points or 0.13% on Wednesday. The Finance Index increased 0.02% to 16773.48 points, the Properties Index dropped 0.07% to 1275.36 points and the Plantation Index down 0.84% to 8837.92 points. The market traded within a range of 8.50 points between an intra-day high of 1828.46 and a low of 1819.96 during the session.

Actively traded stocks include SUMATEC, SUMATEC-WB, AT, DSCSOL, TIGER-OR, XOX, AMEDIA, TIGER, TENAGA and BENALEC. Trading volume decreased to 1197.92 mil shares worth RM1548.63 mil as compared to Tuesday’s 1241.14 mil shares worth RM2102.39 mil.

Leading Movers were TENAGA (+14 sen to RM10.86), TM (+13 sen to RM5.30), RHBCAP (+12 sen to RM7.79), AMMB (+5 sen to RM7.42) and CIMB (+5 sen to RM7.67). Lagging Movers were HLFG (-74 sen to RM15.26), KLK (-30 sen to RM24.00), MISC (-25 sen to RM5.30), UMW (-18 sen to RM12.32) and PETDAG (-16 sen to RM30.50). Market breadth was negative with 347 gainers as compared to 394 losers.

The FBM KLCI eased 2.39 points to end the day at 1821.90 points. The subdued performance was in tandem with regional peers which mostly ended in red. We reckon certain investors took profit ahead of U.S. jobs data slated to be released this week which would provide guidance as to when the Federal Reserve will reduce stimulus.


Trading Summary

As of  4 December  2013         Unit: M.Baht
Type                     Buy             Sell           Net
Institution        4,629.41     2,525.93     2,103.49     
Proprietary     2,964.40      2,339.66        624.74     
Foreign           8,192.47    11,038.86   -2,846.39     
Individual      11,547.87     11,429.71       118.16     
Total Trading Value        27,334.15 M.Baht     


Vietnam's benchmark VN Index  ended down 0.14 percent at 510.88 points on Wednesday as stocks moved in mixed directions ahead of an expected increase of foreign ownership and exchange-traded funds (ETF) restructuring portfolio, analysts said.
 Shares of dairy product maker Vinamilk   fell 0.7 percent and Vietcombank   dropped 1.06 percent, but gains in VietinBank , the country's top partly private bank in assets, helped the index avoid steep falls. Its shares rose 0.58

Petrovietnam Transportation Corp  was also up 1.61 percent as investors expected the db x-trackers FTSE Vietnam ETF  to buy PVT in its fourth quarter's restructuring, analysts said.
Investors were also interested in stocks of firms where foreign holding is at limit as they anticipate the government to soon raise foreign ownership in several listed firm to 60 percent from 49 percent now, analysts added.

 Refrigeration Electrical Engineering Corp  climbed  0.67 percent on Wednesday.
Here is a snapshot of the VN Index  at the close

                      VN Index       510.88               
              PREV. CLOSE       511.62               
                 % CHANGE       -0.14%               
                     HIGH        513.4               
                      LOW       510.66      


All Southeast Asian markets fell on Wednesday as the prospects for an early reduction in the U.S. Federal Reserve's monetary stimulus prompted investors to sell their risky assets ahead of U.S. jobs data later this week.  
The Philippines' main stock index   fell 1.2 percent to a one-week low, led by financials. Jakarta's Composite Index  lost 1.1 percent, also led by financials.  

Singapore's Straits Times Index   fell 0.9 percent to  a near two-month low.  

Unexpectedly strong factory activity data from United States released last week has renewed the possibility of the Fed starting to taper its asset buying programme sooner than expected.  
 Investors are waiting for more clarity from U.S. employment  data out on Friday.  

Many analysts expect the Fed to take a decision on reducing its bond purchases at its March meeting, but some think that  could be brought forward to January, or at the extreme, later this month, if the employment data comes in strong.

Thailand's stock market , which saw over 18.6 billion baht ($578.4 million) of foreign outflows in five straight sessions through Tuesday, edged down 0.5 percent from a near two-week closing high.

 Thai financial markets calmed down on easing political  tensions after the country's navy chief ruled out a coup following days of anti-government protests.      
Malaysia's broader index , which hit an intraday  record high on Tuesday, edged down 0.1 percent with $50.92 million in foreign outflows.  
 Vietnam's benchmark VN Index   ended 0.1 percent down from a near six-month closing high as stocks moved in mixed directions.          
 Market                            Current     Prev Close         Pct Move
 TR SE Asia Index*           396.98         401.76               -0.94
 Singapore                       3160.70        3187.67               -0.85
 Kuala Lumpur                1821.90        1824.29                -0.13
 Bangkok                        1376.63        1383.89                -0.52
 Jakarta                           4241.30        4288.76                -1.11
 Manila                            6105.23        6179.50                -1.20
 Ho Chi Minh                    510.88           511.62                -0.14


Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 

Today's  Stories   4 Decenber 2013 Subsribe Now !
• Suthep cautious on victory over govt, Thaksin regime Subcribe: Asean Affairs Global Magazine
• Thai bourse successfully hosts Capital Market Education Forum 2013 Asean Affairs Premium
• Acquisition of Hess' assets within PTTEP's rating tolerance: Moody’s
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• New bank SCSB seeks Taiwanese investors
• Industrial production growth heralds economic recovery
Asean Analysis          3 December  2013 Advertise Your Brand
• Asean Analysis-December 3, 2013
Intensifying demand propels Southeast Asia’s smartphone sales volume by 61 percent in first three quarters this year: GfK
Asean Stock Watch     4 December  2013
• The Biweekly Update  November 27, 2013 • Asean Stock Watch-December 4, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand