ASEAN KEY DESTINATIONS
04 February 2014
The Straits Times Index (STI) ended -25.15 points lower or -0.84% to 2965.8, taking the year-to-date performance to -6.29%.
The FTSE ST Mid Cap Index declined -1.44% while the FTSE ST Small Cap Index declined -1.17%. The top active stocks were DBS (-1.45%), Keppel Corp (-1.07%), SingTel (-0.86%), OCBC (-0.87%) and UOB (-1.42%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+0.36%). The two biggest stocks of the FTSE ST Utilities Index are Hyflux (+1.75%) and HanKore (-0.90%). The underperforming sector was the FTSE ST Industrials Index, which declined -2.79% with Jardine Strategic Holdings’ share price declining -0.93% and Jardine Matheson Holdings’ share price declining -0.67%.The FTSE ST Basic Materials Index declined -2.45%. The FTSE ST Financials Index declined -1.48%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Straits Times Index ETF (-2.93%), DBS Singapore STI ETF (-0.99%), Lyxor China (-3.15%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (unchanged), Ascendas REIT (-0.48%), CapitaCommercial Trust (unchanged).
The most active index warrants by value today were HSI21600MBePW140328 (unchanged), HSI22000MBeCW140227 (-42.05%), HSI21600MBePW140227 (+66.67%).
The most active stock warrants by value today were DBS MB eCW140502 (-15.29%), UOB MB eCW140701 (-13.76%), DBS MB ePW140401 (+13.16%).
Singapore Stock Market
*ST Index 2,965.8 -25.15 2,990.95 -36.27
Volume: 1,987.2M 1,515.2M
Value: $1,266M $948M
Gainers/Losers: 108/328 138/274
Daily Market Commentary (Securities)
4 Feb 2014
The FBM KLCI index lost 25.20 points or 1.40% on Tuesday. The Finance Index fell 0.73% to 16288.51 points, the Properties Index dropped 1.33% to 1239.02 points and the Plantation Index down 1.45% to 8306.36 points. The market traded within a range of 26.09 points between an intra-day high of 1795.89 and a low of 1769.80 during the session.
Actively traded stocks include PDZ, KNM, SUMATEC, TIGER-WB, GPACKET, ASIAPAC, MINETEC, KNM-WA, IRIS and TIGER. Trading volume increased to 1261.20 mil shares worth RM2000.76 mil as compared to Thursday’s 769.17 mil shares worth RM1309.59 mil.
Leading Movers were ASTRO (+4 sen to RM2.98), HLBANK (+2 sen to RM14.08) and RHBCAP (+5 sen to RM7.62). Lagging Movers were TENAGA (-52 sen to RM11.28), GENTING (-40 sen to RM10.00), IHH (-17 sen to RM3.52), GENM (-15 sen to RM4.21) and PETGAS (-56 sen to RM22.82). Market breadth was negative with 214 gainers as compared to 494 losers.
The KLCI slumped 25.20 points to end the first trading day after CNY holiday at 1778.83 points, mainly dragged down by losses in Tenaga and Genting. The performance of our benchmark index was in line with most of our regional peers as investor sentiment was dented by weaker-than-expected manufacturing data posted by US and slowdown in China’s economy.
Date As of: 04 February 2014
Description Volume Value Frequency
ETF 9,300 6,818,300 92
Stock 3,130,263,120 3,986,713,545,545 196,005
Right 1,000,000 5,000,000 01
Warrant 107,665,600 3,549,249,600 1,932
Total 3,238,938,020 3,990,274,613,445 198,030
As of 4 February 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,087.84 1,706.29 1,381.56
Proprietary 3,009.95 2,823.07 186.88
Foreign 6,047.42 10,935.67 -4,888.25
Individual 12,803.00 9,483.19 3,319.81
Total Trading Value 24,948.21 M.Baht
Philippine and Malaysian shares underperformed the rest of Southeast Asia on Tuesday, pressured by foreign outflows after weak U.S. manufacturing data, while Thai stocks retreated after the Feb. 2 elections failed to resolve a political deadlock.
The Thai SET index ended down 1.2 percent in thin trading on prospects of more political turmoil as the opposition Democrat Party said it would seek a court ruling on whether Sunday's election was unconstitutional.
The market racked up gains of more than 2 percent from Friday through Monday, helped in part by buying from domestic institutions though foreign investors were net sellers during the period.
Fitch Ratings said further prolongation or intensification of the five-month political standoff could raise the risk of a lasting negative effect on economic performance and financial stability relative to its rating peers.
Asian shares skidded on Tuesday as sentiment was weak after data showed U.S. manufacturing activity slowed sharply in January on the back of the biggest drop in new orders in 33 years.
Indonesia's index closed down 0.8 percent at a one-week low, the Philippine main index dropped 2.2 percent to around three-week lows, while Malaysia slipped 1.4 percent to its lowest since October 2013.
Foreign investors sold shares in the Philippines and Malaysia worth a net 1.11 billion peso ($24.5 million) and 556 million ringgit ($166 million) respectively, stock exchange and Thomson Reuters data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 374.95 377.43 -0.66
Singapore 2965.80 2990.95 -0.84
Kuala Lumpur 1778.83 1804.03 -1.40
Bangkok 1276.84 1292.81 -1.24
Jakarta 4352.26 4386.26 -0.78
Manila 5886.01 6015.30 -2.15