ASEAN KEY DESTINATIONS
28 February 2014
The Straaits Times Index (STI) ended +14.04 points higher or +0.45% to 3110.78, taking the year-to-date performance to -1.71%.
The FTSE ST Mid Cap Index gained +0.06% while the FTSE ST Small Cap Index gained +0.11%. The top active stocks were SingTel (-1.37%), DBS (+0.73%), UOB (-0.34%), OCBC (-0.21%) and GLP (+0.36%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+2.19%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Strategic Holdings (+3.99%) and Jardine Matheson Holdings (+5.06%). The underperforming sector was the FTSE ST Health Care Index, which declined -1.33% with Raffles Medical Group ’s share price declining -1.23% and Biosensors International Group’s share price declining -1.52%.The FTSE ST Basic Materials Index declined -0.56%. The FTSE ST Financials Index gained +0.01%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.17%), SPDR Straits Times Index ETF (+0.32%), SPDR Gold Shares (+0.22%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall Trust (-0.52%), CapitaCommercial Trust (+2.45%).
The most active index warrants by value today were HSI22800MBeCW140328 (+5.75%), HSI22600MBePW140429 (-3.18%), HSI22400MBePW140328 (-6.41%).
The most active stock warrants by value today were DBS MB eCW140604 (+5.79%), KepCorp MBeCW140701 (+1.39%), OCBC Bk MBeCW140801 (-3.70%).
Singapore Stock Market
*ST Index 3,110.78 +14.04 3,096.74 +8.49
Volume: 1,680.2M 2,674.7M
Value: $1,192.4M $891.7M
Gainers/Losers: 197/222 214/207
Daily Market Commentary (Securities)
28 Feb 2014
The FBM KLCI index gained 4.00 points or 0.22% on Friday. The Finance Index increased 0.70% to 16606.12 points, the Properties Index up 0.63% to 1311.05 points and the Plantation Index down 0.57% to 8759.13 points. The market traded within a range of 10.32 points between an intra-day high of 1836.14 and a low of 1825.82 during the session. Actively traded stocks include ASIABIO, PDZ, ASUPREM, MAS, IRIS, DAYA, SONA, INFOTEC, INGENCO and SUMATEC. Trading volume increased to 2447.16 mil shares worth RM2679.43 mil as compared to Thursday’s 2318.39 mil shares worth RM2096.54 mil. Leading Movers were MAYBANK (+8 sen to RM9.78), CIMB (+6 sen to RM7.16), DIGI (+6 sen to RM5.15), TM (+8 sen to RM5.67) and RHBCAP (+24 sen to RM8.20). Lagging Movers were PPB (-44 sen to RM15.92), IOICORP (-7 sen to RM4.61), SIME (-7 sen to RM9.11), YTL (-2 sen to RM1.58) and AMMB (-5 sen to RM7.24). Market breadth was negative with 268 gainers as compared to 582 losers.
The FBM KLCI inched up 4 points to close at 1,835.66 lifted by the Finance sub-index with heavyweights such as Maybank, CIMB, Hong Leong Financial and RHBCap. While regional peers end the week in mix performance amid concern that the Chinese economy will slow as banks curb lending to the real-estate market and a weaker currency spurs capital outflows.
Date As of: 28 February 2014
Description Volume Value Frequency
ETF 36,400 7,543,100 64
Stock 4,422,262,757 7,041,809,004,804 205,395
Right 300,500 673,200 20
Warrant 48,691,029 2,449,391,624 796
Total 4,471,290,686 7,044,266,612,728 206,275
As of 28 Feb 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,197.32 1,744.65 1,452.67
Proprietary 2,267.73 2,834.93 -567.21
Foreign 12,829.22 12,004.03 825.20
Individual 12,596.44 14,307.11 -1,710.66
Total Trading Value 30,890.71 M.Baht
Vietnam index closes up 0.3 pct on solid demand
Vietnam's benchmark VN Index ended up 0.3 percent on Friday as investors' buying demand erased losses caused by profit taking in other shares and could provide support for further gains, analysts said.
The index lost by midday as investors took profit from recent gains in stocks, but bounced back to close at 586.48 points as money inflow was solid in the afternoon session, said manager Doan Minh Quan at ACB Securities.
"Funds are still within the market," Quan said.
Food producer Masan Group led the gains, with shares jumping 4.08 percent, followed by Petrovietnam Drilling and Well Services Co that climbed 4.49 percent.
The index, which has advanced nearly 3 percent in the past week, is likely to rise further, with a resistance level of between 590-600 points, analysts said.
Here is a snapshot of the VN Index at the close
VN Index 586.48
PREV. CLOSE 584.79
% CHANGE 0.29%
SE Asia Stocks-Higher amid inflows; Jakarta, Manila outperform
Indonesian stocks rose on Friday, posting their biggest monthly gain in a year along with a rise in the rupiah and optimism about its current account
balance, while Philippines climbed to a near four-month high helped by foreign-led buying.
Jakarta's Composite Index ended up 1.1 percent on the day and was up 4.6 percent on the month, its best since February 2013.
The rupiah rose further on Friday after the central bank said the country's current-account deficit would be narrower in the first quarter.
The Philippines was up 1.1 percent at 6,424.99, the highest close since Nov. 7, racking up a 6.4 percent gain on the
month and was Southeast Asia's best performer.
Other Southeast Asian stock markets pushed higher, with Thai shares finishing up 0.6 percent, taking their gain in February to about 4 percent after four straight months of
Domestic political tensions remained in focus though, brokers said.
A senior Thai minister rejected a proposal for talks from the leader of an anti-government protest movement on Friday as
demonstrators rallied at ministries to put pressure on Prime Minister Yingluck Shinawatra to step down. ID:nL3N0LX1OZ
Foreign investors were net buyers across Southeast Asian stock exchanges, with Thailand reporting foreign buying of 825 million baht ($25.3 million) on Friday, stock exchange data showed.
Indonesia posted net foreign inflows of 517.6 million rupiah ($44,400), for Malaysia it was 419 million ringgit ($127.7 million) and the Philippines 965 million peso ($21.6 million), according to Thomson Reuters and stock exchange data.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 397.70 395.62 +0.53
Singapore 3110.78 3096.74 +0.45
Kuala Lumpur 1835.66 1831.66 +0.22
Bangkok 1325.33 1318.05 +0.55
Jakarta 4620.21 4568.94 +1.12
Manila 6424.99 6354.79 +1.10
Ho Chi Minh 586.48 584.79 +0.29