Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>  Daily News  >>  ASEAN STOCK WATCH

ASEAN STOCK WATCH Asean Affairs  5-6 December  2013 


Singapore

06 December 2013

The Straits Times Index (STI) ended 10.21 points lower or -0.33% to 3,114.17, taking the year-to-date performance to -1.67%.

The FTSE ST Mid Cap Index declined -0.06% while the FTSE ST Small Cap Index declined -0.32%. The top active stocks were SingTel (-1.10%), DBS (-0.53%), OCBC (-0.69%), UOB (-0.10%) and Keppel Corporation (-0.09%).

The outperforming sectors today were represented by the FTSE ST Technology Index (+1.82%). The two biggest stocks of the FTSE ST Technology Index are Liongold Corp (+4.80%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Health Care Index, which declined -1.32% with Biosensors International Group’s price declining -2.15% and Raffles Medical Group‘s share price declining -0.32%. The FTSE ST Consumer Goods Index declined -0.07%.

The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (-0.34%), SPDR Gold Shares (-0.31%) and SPDR STI ETF (-0.32%).

The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.33%), CapitaMall Trust (-0.27%) and Ascendas REIT (unchanged).

The most active index warrants by value today were HSI23600MBeCW131230 (+4.04%), HSI23600MBePW140129 (-4.88%) and HSI24000MBeCW140129 (+4.35%).

The most active stock warrants by value today were KepCorp MBeCW140203 (-3.70%), DBS MB eCW140204 (-13.33%) and Ezion MBeCW140401 (+3.45%).

Singapore Stock Market
                                  Friday                  Thursday
*ST Index         3,114.17  -10.21     3,124.38  -36.32
Volume:                 1,476.7M                  1,998.5M
Value:                     $945.2M                $1,197.3M
Gainers/Losers:       167/218                      119/294


Malaysia

Daily Market Commentary (Securities)
6 Dec 2013

The FBM KLCI index gained 2.09 points or 0.11% on Friday. The Finance Index increased 0.02% to 16758.83 points, the Properties Index dropped 0.10% to 1277.25 points and the Plantation Index rose 0.32% to 8998.6 points. The market traded within a range of 9.88 points between an intra-day high of 1832.21 and a low of 1822.33 during the session.

Actively traded stocks include SUMATEC, TIGER, SUMATEC-WB, TIGER-OR, XDL, SOLUTN, SANICHI, INFOTEC, IOICORP and MPAY. Trading volume decreased to 1039.55 mil shares worth RM1615.74 mil as compared to Thursday’s 1176.99 mil shares worth RM1809.93 mil.

Leading Movers were MISC (+14 sen to RM5.39), ASTRO (+11 sen to RM2.96), IOICORP (+10 sen to RM5.90), MAYBANK (+9 sen to RM9.83) and TENAGA (+6 sen to RM11.00). Lagging Movers were BAT (-32 sen to RM62.86), PETGAS (-24 sen to RM23.06), PPB (-24 sen to RM14.88), RHBCAP (-20 sen to RM7.60) and UMW (-18 sen to RM12.32). Market breadth was positive with 362 gainers as compared to 356 losers.

The FBM KLCI managed to eke 2.09 points to end the day at 1,826.95. We reckon the October exports data which exceeded forecast by 3.5%, aided the benchmark index. While its regional peers ended in mixed results as certain investors remained on the sideline amid speculation that the improved U.S. job data for the past three months might cause the Federal Reserve to bring forward its stimulus cuts.


Indonesia

AKARTA, Dec 6 (Reuters) - Indonesia's foreign exchange reserves stood at $96.96 billion at end-November, marginally lower than $97 billion the previous month, Bank Indonesia said on Friday.

The central bank last week said that it would not hesitate to intervene in foreign exchange and debt markets to help prop up the ailing rupiah, which has fallen nearly 20 percent against the dollar so far this year.

Governor Agus Martowardojo earlier urged exporters to sell dollars to help balance supply and demand in the market. He said Bank Indonesia will continue intervention when necessary to maintain stability.

Trade Summary
Date As of:     06 December 2013    
Description                    Volume                          Value     Frequency
ETF                               19,500                  9,761,000                 32
Stock                 4,232,660,411    4,275,376,237,750       120,385
Right                         3,299,500                18,695,500                 39
Warrant                   28,272,500              639,151,000            1,342
Total                   4,264,251,911    4,276,043,845,250        121,798


Thailand

Trading Summary

As of  6 December  2013         Unit: M.Baht
        
Type                          Buy                 Sell                 Net
Institution             2,811.56        2,690.12           121.44     
Proprietary       2,870.73        3,685.84           -815.11     
Foreign            9,717.06       13,443.07        -3,726.01     
Individual         14,748.55        10,328.87        4,419.68     
Total Trading Value             30,147.90 M.Baht


Vietnam

Vietnam's benchmark VN Index  was almost unchanged on Friday, edging up just 0.02 percent, as blue chips moved in mixed directions.

Hanoi-based lender Vietcombank   led the gain, with shares advancing 1.45 percent, followed by Pha Lai Thermal Power Joint Stock Co  <PPC.HM>  which rose 3.77 percent.
    
These gains were partially capped by a 0.7-percent loss of dairy product maker Vinamilk . Food producer Ma San Corp  also dropped 0.61 percent.

The index is at a strong psychological resistance level of 510 points, but it would edge up slowly for the rest of December, said analyst Vu Thi Thu Trang at APEC Securities.
    
A stable outlook for the Vietnamese economy and investors' expectation on solid corporate results in the fourth quarter would keep the index from falling in the short term, Trang said.
   
 Here is a snapshot of the VN Index   at the close
                
                         VN Index       510.12              
                PREV. CLOSE       510.03              
                   % CHANGE        0.02%              
                                                    
                     HIGH       512.37              
                      LOW       509.76              
                                               
               
Asean

Most Southeast Asian stock markets ended weaker on Friday as uncertainty over a possible reduction in the U.S. Federal Reserve's stimulus hit sentiment ahead of U.S. jobs data, while Thailand underperformed the region due to political tensions.
    
The Thai stock market  fell 1.1 percent to the lowest since its Nov. 28 close, led by financials and energy shares.

Bangkok has suffered a net outflow of $115.45 million on Friday, extending the net foreign selling to more than $780 million in seven straight sessions through Friday.

The market  was closed for a holiday on Thursday.
   
 Lingering political unrest and uncertainty over further tension in Bangkok hit investor sentiment though there was calm on Friday as protesters seeking to topple Thailand's government stayed off the streets after halting their demonstration the day  before out of respect for the king on his birthday.
 
Jakarta's Composite Index  dropped 0.9 percent to a three-month closing low, while Singapore's Straits Times Index  lost 0.3 percent, ending near a three-month low.
    
The markets have been factoring in concerns ahead of the U.S. jobs data that could make or break the case for an imminent  scaling back in Fed stimulus.
    
The Philippine index   fell 0.3 percent to its lowest since Nov. 25.

Malaysia , bucking the trend, closed 0.1 percent up at a record closing high, despite a $62.13 million outflow on Friday. Vietnam's benchmark VN Index  was almost unchanged
as blue chips moved in different directions.  
     
SOUTHEAST ASIAN STOCK MARKETS
 Change on day
 Market                              Current     Prev Close      Pct Move
 TR SE Asia Index*            392.82        395.00              -0.55
 Singapore                        3114.17       3124.38             -0.33
 Kuala Lumpur                 1826.95       1824.86             +0.11
 Bangkok                        1361.57        1376.63             -1.09
 Jakarta                           4180.79        4216.89             -0.86
 Manila                            6014.94        6090.95             -0.27
 Ho Chi Minh                    510.12          510.03             +0.02
 
 .................................................................

5 December 2013

Singapore

05 December 2013

The Straits Times Index (STI) ended 36.32 points lower or -1.18% to 3,124.38, taking the year-to-date performance to -1.35%.

The FTSE ST Mid Cap Index declined -0.93% while the FTSE ST Small Cap Index declined -0.54%. The top active stocks were SingTel (-1.08%), DBS (-0.59%), CapitaLand (-0.66%), UOB (-0.38%) and OCBC (-1.27%).

The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.14%). The two biggest stocks of the FTSE ST Basic Health Care Index are Biosensors International Group (+2.20%) and Raffles Medical Group (unchanged). The underperforming sector was the FTSE ST Industrials Index, which declined -1.76% with Jardine Matheson Holdings’ share price declining -1.79% and Jardine Strategic Holdings ‘ share price declining -1.94%. The FTSE ST Consumer Goods Index declined -0.47% while the FTSE ST Technology Index declined -0.84%.

The three most active Exchange Traded Funds (ETFs) by value today were the DBXT FT China 25 ETF (-0.07%), SPDR STI ETF (-0.63%) and SPDR Gold Shares (+1.45%).

The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-2.34%), Suntec REIT (-1.95%) and Ascendas REIT (-0.91%).

The most active index warrants by value today were HSI23600MBePW140129 (unchanged), HSI24000MBeCW140129 (-3.36%) and HSI23600MBeCW131230 (-3.88%).

The most active stock warrants by value today were DBS MB eCW140204 (-8.54%), KepCorp MBeCW140203 (-14.74%) and KepCorp MBeCW140401 (unchanged).


 Singapore Stock Market
                                        Thursday                 Wednesday
*ST Index                3,124.38  -36.32          3,160.7  -26.97
Volume:                       1,998.5M                       1,942.9M
Value:                       $1,197.3M                      $1,027.4M
Gainers/Losers:             119/294                           130/267


Malaysia

Daily Market Commentary (Securities)
5 Dec 2013

The FBM KLCI index gained 2.96 points or 0.16% on Thursday. The Finance Index fell 0.11% to 16755.35 points, the Properties Index up 0.25% to 1278.57 points and the Plantation Index rose 1.50% to 8970.05 points. The market traded within a range of 5.79 points between an intra-day high of 1826.42 and a low of 1820.63 during the session.

Actively traded stocks include SUMATEC, UTOPIA, TIGER, AT, DESTINI, TIGER-OR, APFT, SUMATEC-WB, INFOTEC and SOLUTN. Trading volume decreased to 1176.99 mil shares worth RM1809.93 mil as compared to Wednesday’s 1197.92 mil shares worth RM1548.63 mil.

Leading Movers were HLFG (+46 sen to RM15.72), KLK (+40 sen to RM24.40), BAT (+28 sen to RM63.18), MAXIS (+21 sen to RM7.21) and UMW (+18 sen to RM12.50). Lagging Movers were MAYBANK (-14 sen to RM9.74), IHH (-8 sen to RM3.96), GENTING (-6 sen to RM10.08), DIGI (-6 sen to RM4.80) and TM (-5 sen to RM5.25). Market breadth was negative with 339 gainers as compared to 385 losers.

The FBM KLCI managed to eke 2.96 points to end the day at 1,824.86 albeit regional peers mostly fell. The local benchmark index was mainly lifted by heavyweights such as HLFG, Maxis, and Plantation counters in the light of FGV, IOI Corp and KLK as well as Tenaga, which continued to trend higher since the electric tariff hike announced. Investors remain cautious over a possible reduction to the U.S. Federal Reserve’s stimulus programme as they await cues from U.S. job data slated to be released this week.


Indonesia

Indonesian stocks fall on rupiah, foreign outflow

Indonesian shares  fell 0.6 percent on Thursday as sentiment on rupiah became more bearish on concerns over looming tapering of U.S. Federal Reserve's quantitative easing programme, coupled with foreign selling in blue chip stocks.

Bearish bets on the Indonesian rupiah rose to the largest level since late August, according to a Reuters poll. The rupiah weakened past 12,000 per dollar on Thursday to hit a near five-year low on increasing dollar demand from local companies.

The blue-chip index slid 0.7 percent, led by banking stocks which were down 1.2 percent.

Shares of state-owned firms Telkom Indonesia  and Bank Negara Indonesia  had slumped more than 3 percent, with foreigners selling a net 238 million rupiah ($19,900) in both stocks.

Trade Summary
Date As of:     05 December 2013    

Description          Volume                            Value    Frequency
ETF                     57,000                    31,087,000           114
Stock       3,537,845,555        4,064,969,701,372    116,020
Right               4,558,500                    61,228,000              61
Warrant        13,039,500                   628,043,500            209
Total       3,555,500,555          4,065,690,059,872    116,404


Vietnam

 Vietnam's benchmark VN Index  dipped 0.17 percent to close at 510.03 percent on Thursday, pulled down by banks before expected share sales by exchange-traded funds, analysts said.

Hanoi-based lender Vietcombank   dropped 2.14 percent, followed by VietinBank , the country's largest partly private bank in term of assets, which slid 0.58 percent.

Other blue chips also fell, including top insurer Baoviet  Holdings  and food producer Ma San Group.
    
But a 0.71-percent-gain by shares of dairy product maker Vinamilk  kept the index from falling strongly.
   
The Market Vectors Vietnam exchange-traded fund   is likely to sell many Vietnamese stocks during its fourth-quarter portfolio restructuring, analysts said.
    
Such a strong selling would pull the index down in coming weeks, said analyst Tran Thang Long at BIDV Securities.

 Besides, more drops could be in place in the next two weeks as the U.S. Federal Reserve might reduce its bond buying programme, Long added.
   

Here is a snapshot of the VN Index at the close
 
                        VN Index        510.03             
                 PREV. CLOSE       510.88             
                   % CHANGE       -0.17%             
                                                   
                     HIGH       512.21             
                      LOW       507.52             
                                       
                 
Asean

Most Southeast Asian markets ended weaker on Thursday with Philippines and Singapore underperforming the region as fears over a possible reduction in the U.S. Federal Reserve's stimulus dented the sentiment, a day ahead of U.S. job data.

    The Philippines' main stock index  fell 1.2 percent to a more than one-week low, Singapore's Straits Times Index  lost 1.2 percent to a near three-month low, and   Jakarta's Composite Index   ended down 0.6 percent to its lowest since Sept. 9.

 Analysts said investors were waiting for more clarity from U.S. employment data on Friday after unexpectedly strong U.S. factory activity data released last week has renewed the possibility of the U.S. Fed starting to taper its asset buying programme sooner than expected.  

Many analysts expect the Fed to take a decision on reducing its latest 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.
 
 Vietnam's benchmark VN Index   dipped 0.2 percent, pulled down by banks before expected share sales by exchange-traded funds.  

 Bucking the trend, Malaysia's broader index  closed 0.2 percent higher at a record closing high of 1,824.86, despite a $59.19 million foreign outflow. The index hit an intraday record high on Tuesday.  

Thailand's stock market  , which saw over $664.60 million of foreign outflows in six straight sessions through Wednesday due to political tensions, was closed for a holiday.   
     
 SOUTHEAST ASIAN STOCK MARKETS
 
 Market                                 Current     Prev Close         Pct Move
 TR SE Asia Index*               394.98         396.95                -0.50
 Singapore                           3124.38        3160.70               -1.15
 Kuala Lumpur                    1824.86         1821.90              +0.16
 Bangkok                                      -           1376.63                   -   
 Jakarta                               4216.89         4241.30               -0.58
 Manila                                6030.95         6105.23               -1.22
 Ho Chi Minh                         510.03           510.88               -0.17
 
 

 

Comment on this Article. Send them to  your.views@aseanaffairs.com
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   6 Decenber 2013 Subsribe Now !
• King urges Thais to perform duty for national interest Subcribe: Asean Affairs Global Magazine
• TNB spends RM6bil for new infrastructure, maintenance, capex annually Asean Affairs Premium
• Malaysia floods force more evacuations as 1 more dead
Research Reports
on Thailand 2007-2008

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

• UD Trucks to arrive in Kingdom
• PHL registers 3.3% inflation in November, fastest in nine months – NSO
Asean Analysis                    6 December  2013
 • Asean Analysis-December 6, 2013
Critical Questions: Understanding Thailand’s Political Unrest and U.S. Interests       
Advertise Your Brand
• Asean Analysis-December 6, 2013
The United States Should Help Australia Stabilize Bougainville
Asean Stock Watch     5-6 December  2013
• The Biweekly Update  November 27, 2013 • Asean Stock Watch-December 5-6, 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

ASEAN  ANALYSIS

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

 


Name

Name


Email

Email



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 © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com