ASEAN KEY DESTINATIONS
20 February 2014
The Straits Times Index (STI) ended -2.15 points lower or -0.07% to 3086.64, taking the year-to-date performance to -2.47%.
The FTSE ST Mid Cap Index declined -0.04% while the FTSE ST Small Cap Index gained +0.10%. The top active stocks were SingTel (unchanged), Wilmar (+1.51%), DBS (+0.36%), Noble Grp (+4.06%) and UOB (+0.49%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.70%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+2.17%) and Biosensors International Group (+1.03%). The underperforming sector was the FTSE ST Utilities Index, which declined -1.02% with Hyflux’s share price remaining unchanged and HanKore’s share price declining -2.38%.The FTSE ST Basic Materials Index gained +1.11%. The FTSE ST Financials Index remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.48%), IS MSCI India (unchanged), SPDR Straits Times Index ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+0.82%), Ascendas REIT (unchanged), CapitaCommercial Trust (-0.35%).
The most active index warrants by value today were HSI22400MBePW140328 (+17.14%), HSI22800MBeCW140328 (-20.25%), HSI22000MBeCW140328 (-16.46%).
The most active stock warrants by value today were UOB MB eCW140701 (-2.03%), KepCorp MBeCW140603 (-3.28%), OCBC Bk MBeCW140801 (-3.41%).
Singapore Stock Market
*ST Index 3,086.64 -2.15 3,088.79 +18.01
Volume: 1,612.2M 2,109.3M
Value: $928.3M $1,102.1M
Gainers/Losers: 183/225 218/190
Daily Market Commentary (Securities)
20 Feb 2014
The FBM KLCI index lost 1.64 points or 0.09% on Thursday. The Finance Index increased 0.00% to 16571.11 points, the Properties Index dropped 0.04% to 1305.69 points and the Plantation Index down 0.98% to 8725.24 points. The market traded within a range of 7.39 points between an intra-day high of 1830.18 and a low of 1822.79 during the session.
Actively traded stocks include LUSTER, MINETEC, LUSTER-WA, LUSTER-WB, MAS, KNM-WA, NEXTNAT, TIGER-WB, PDZ and SUMATEC. Trading volume decreased to 2994.17 mil shares worth RM2504.79 mil as compared to Wednesday’s 3280.26 mil shares worth RM2391.74 mil.
Leading Movers were DIGI (+9 sen to RM5.10), GENTING (+12 sen to RM10.36), YTL (+3 sen to RM1.63), PPB (+18 sen to RM16.00) and MISC (+7 sen to RM6.47). Lagging Movers were IOICORP (-11 sen to RM4.49), TENAGA (-12 sen to RM11.98), PETGAS (-36 sen to RM23.14), AXIATA (-2 sen to RM6.53) and ASTRO (-4 sen to RM3.01). Market breadth was negative with 379 gainers as compared to 450 losers.
The KLCI finished slightly lower at 1827.81 points today, tracking the losses in the overnight US market. The sentiment was lacklustre after the Federal Reserve indicated that it will continue to taper the stimulus program in its meeting minutes while further revealed the possibility of an early hike in the short-term rates.
Date As of: 20 February 2014
Description Volume Value Frequency
ETF 49,100 33,349,800 119
Stock 6,161,324,228 7,450,664,500,800 192,926
Right 5,000,000 5,000,000 01
Warrant 177,251,000 26,280,256,200 1,440
Total 6,343,624,328 7,476,983,106,800 194,486
As of 20 February 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,178.76 5,055.92 -1,877.16
Proprietary 3,110.77 4,334.55 -1,223.78
Foreign 8,718.28 10,472.70 -1,754.42
Individual 18,666.07 13,810.72 4,855.35
Total Trading Value 33,673.89 M.Baht
Vietnam index falls 1.2 pct, volume at record high
Vietnam's benchmark VN Index ended down 1.22 percent on Thursday, with volume hitting a record high while many stocks lost ground on strong selling following recent gains.
Volume reached a record high of 260 million shares, while more than 70 percent of the stocks fell on Thursday, led by top insurer Baoviet Holdings that dropped 4.16 percent, and property firm HAGL falling 4.58 percent.
"The market needs this correction as it has been rising strongly in a short period of time," said analyst Nguyen The Minh at Viet Capital Securities.
The index has risen around 13 percent since the beginning of 2014.
Selling is likely to extend, and the index might fall to 535-540 points in coming weeks, analysts said.
Here is a snapshot of the VN Index at the close
VN Index 571.04
PREV. CLOSE 578.12
% CHANGE -1.22%
SE Asia Stocks-Mostly down on China factory data; Philippines bucks trend
Most Southeast Asian stocks ended weaker on Thursday after a survey on China's manufacturing sector heightened concerns about the world's second largest economy, but better earnings and foreign buying helped Philippine shares
buck the trend.
Activity in China's factories shrank again in February, hitting a seven-month low as employment fell at its fastest pace in five years, a preliminary private survey showed on Thursday.
Thai shares lost 1.3 percent to their lowest close since Feb. 11, with shares in property developer SC Asset Corp, in which Prime Minister Yingluck Shinawatra's family owns a large stake, fell 5 percent after protesters said they would target businesses linked to the family.
Foreign investors sold a net $53.93 million worth of Thai shares on Thursday, extending the total foreign outflow to about $984 million in the last 19 straight sessions through Thursday, Reuters data showed.
Malaysian stocks closed 0.1 percent down with a $32.81 million foreign outflow. Singapore ended 0.1 percent lower after having hit a one-month high earlier on the city-state's positive economic data, but was pulled down by disappointing Chinese factory data.
Vietnam's benchmark VN Index ended down 1.2 percent.
Bucking the trend, Philippine shares gained 0.9 percent to a near 3-1/2-month closing high, helped by $31.57 million in foreign inflows, which analysts attributed to better earnings being posted by companies.
Indonesia also edged up 0.1 percent to a five-month closing high, led by financials.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 393.08 395.19 -0.53
Singapore 3086.64 3088.79 -0.07
Kuala Lumpur 1827.81 1829.45 -0.09
Bangkok 1303.98 1321.00 -1.29
Jakarta 4598.22 4592.65 +0.12
Manila 6352.76 6294.62 +0.92
Ho Chi Minh 571.04 578.12 -1.22