ASEAN KEY DESTINATIONS
21 February 2014
The Straits Times Index (STI) ended +13.29 points higher or +0.43% to 3099.93, taking the year-to-date performance to -2.05%.
The FTSE ST Mid Cap Index declined -0.03% while the FTSE ST Small Cap Index gained +0.58%. The top active stocks were Genting (-2.86%), GLP (-2.45%), OCBC (+0.73%), UOB (+0.97%) and Noble Grp (-3.90%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.92%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and SunVic Chemical (+2.80%). The underperforming sector was the FTSE ST Utilities Index, which declined -1.28% with Hyflux’s share price declining -3.63% and HanKore’s share price gaining +0.81%. The FTSE ST Financials Index gained +0.36%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBXT MSCI Korea ETF (unchanged), DBXT MSCI Taiwan ETF (unchanged), IShares USD Asia Bond ETF (+0.99%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+0.71%), Ascendas REIT (-0.93%), CapitaMall Trust (+1.35%).
The most active index warrants by value today were HSI22800MBeCW140328 (+19.05%), HSI22000MBeCW140328 (+12.41%), HSI22400MBePW140328 (-13.01%).
The most active stock warrants by value today were UOB MB eCW140701 (+6.21%), OCBC Bk MBeCW140801 (+5.88%), DBS MB eCW140604 (+1.32%).
Singapore Stock Market
*ST Index 3,099.93 +13.29 3,086.64 -2.15
Volume: 1,993.2M 1,612.2M
Value: $1,119.2M $928.3M
Gainers/Losers: 264/151 183/225
Daily Market Commentary (Securities)
21 Feb 2014
The FBM KLCI index gained 2.93 points or 0.16% on Friday. The Finance Index fell 0.04% to 16564.28 points, the Properties Index up 0.90% to 1317.44 points and the Plantation Index rose 0.19% to 8741.87 points. The market traded within a range of 4.88 points between an intra-day high of 1831.32 and a low of 1826.44 during the session.
Actively traded stocks include SONA-WA, MINETEC, SONA, IRIS, PDZ, RA, ASIABIO, NEXTNAT, SUMATEC and LUSTER.Trading volume decreased to 2982.68 mil shares worth RM2399.25 mil as compared to Thursday’s 2994.17 mil shares worth RM2504.79 mil.
Leading Movers were PETGAS (+36 sen to RM23.50), SKPETRO (+8 sen to RM4.42), IOICORP (+6 sen to RM4.55), PETDAG (+36 sen to RM30.50) and PPB (+18 sen to RM16.18). Lagging Movers were YTL (-4 sen to RM1.59), CIMB (-4 sen to RM7.07), TM (-6 sen to RM5.52), MISC (-7 sen to RM6.40) and KLK (-14 sen to RM24.00). Market breadth was positive with 457 gainers as compared to 366 losers.
The KLCI finished marginally higher at 1830.74 points, another flattish performance after yesterday's. The trading sentiment was sluggish in the last trading day of the week due to the presence of buoyant catalyst, while investors were also awaiting more financial results from local companies next week for further clues and clarity.
As of 21 February 2014 Unit: M.Baht
Type Buy Sell Net
Institution 1,876.15 2,442.11 -565.96
Proprietary 2,152.04 3,369.28 -1,217.24
Foreign 6,138.83 5,695.18 443.65
Individual 10,913.20 9,573.65 1,339.55
Total Trading Value 21,080.22 M.Baht
Vietnam index dips 0.1 pct despite foreign buying
Vietnam's benchmark VN Index eased 0.08 percent to close at 570.57 points on Friday in mixed movements of stocks while sentiment improved and foreign investors extended buying.
Bargain hunting around the 570-point level and more buying from foreign investors kept the index from a steep fall after it dropped 1.2 percent on Thursday, analysts said.
Foreigners were net buyers on Friday, with their purchase valued at 32.7 billion dong ($1.55 million), the exchange's data showed.
"Sentiment seemed to be improved today," said manager Doan Minh Quan at ACB Securities, citing that selling was not high.
Property firm Vingroup lost 1.27 percent and Hanoi-based lender BIDV , Vietnam's second-largest listed bank by assets, fell 1.18 percent, while food producer Masan Group rose 0.53 percent.
The index might linger in between 560-580 points after a strong gain with high liquidity within a short period, analysts said. It has risen 13 percent since the start of this year.
Volume on the Ho Chi Minh Stock Exchange since the beginning of this year has reached 55.8 trillion dong, up 48 percent from a year ago, according to the exchange's data.
Here is a snapshot of the VN Index at the close
VN Index 570.57
PREV. CLOSE 571.04
% CHANGE -0.08%
SE Asia Stocks-Mostly up on US manufacturing data; Jakarta outperforms
Most Southeast Asian stocks ended firmer on Friday with Indonesia hitting a five-month high, as upbeat U.S. manufacturing activity numbers helped boost appetite for risky assets, though concerns about China's economic growth limited the gains.
The Jakarta Composite Index gained rose more than 1 percent to its highest close since Sept. 19, led by financial and infrastructure shares, with both sub indexes touching five-month highs.
Investors were upbeat after an industry report on Thursday showed manufacturing activity in the United States accelerated in February at its fastest pace in nearly four years due in part to growth in new orders. However, concerns about China's slowing growth dented sentiment.
Singapore's benchmark Straits Times Index rose 0.4 percent to a one-month high and it posted its strongest weekly gain in five months, a day after the city-state's economy posted a faster-than-expected growth in the fourth quarter of 2013.
Shares in Malaysia edged up 0.2 percent despite $13.78 million foreign outflow, while Thailand stocks ended steady with a foreign inflow of $13.62 million, after offshore investors had pulled out $984 million worth of shares on a net basis in 19 straight sessions through Thursday.
Shares of companies with links to Prime Minister Yingluck Shinawatra declined. Property developer SC Asset Corp lost 1.9 percent, while telecom company M Link Asia Corp shares were down 2.6 percent, as anti-government protesters turned to social media to attack businesses linked to her family on Thursday.
Bucking the trend, Philippines shares fell 0.7 percent, snapping a five-session winning streak and down from a near 3-1/2 month closing high hit in the previous session.
Foreigners, however, bought $22.82 million worth shares in Manila.
Vietnam's VN Index edged down 0.1 percent despite a net foreign buying of $1.55 million on Friday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 394.79 393.06 +0.49
Singapore 3099.93 3086.64 +0.43
Kuala Lumpur 1830.74 1827.81 +0.16
Bangkok 1304.21 1303.98 +0.02
Jakarta 4646.15 4598.22 +1.02
Manila 6308.36 6352.76 -0.70
Ho Chi Minh 570.57 571.04 -0.08