ASEAN KEY DESTINATIONS
07 February 2014
The Straits Times Index (STI) ended +24.87 points higher or +0.83% to 3013.14, taking the year-to-date performance to -4.80%.
The FTSE ST Mid Cap Index gained +0.53% while the FTSE ST Small Cap Index gained +0.41%. The top active stocks were SingTel (+0.86%), DBS (+0.31%), OCBC (+0.43%), Keppel Corp (+0.68%) and Wilmar (+1.57%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+1.22%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+1.57%) and Thai Beverage (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -0.64% with Silverlake Axis’ share price declining -0.58% and STATS ChipPAC’s share price remaining unchanged. The FTSE ST Basic Materials Index gained +0.33%. The FTSE ST Financials Index gained +0.64%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBS Singapore STI ETF (+0.99%), DBXT FTSE Vietnam ETF (-0.07%), SPDR Gold Shares (+0.22%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+0.72%), CapitaMall Trust (-0.27%), Suntec REIT (+0.94%).
The most active index warrants by value today were HSI22000MBeCW140328 (+7.23%), HSI21600MBePW140227 (-18.52%), HSI21600MBePW140328 (-10.84%).
The most active stock warrants by value today were DBS MB ePW140401 (-2.38%), KepCorp MBeCW140603 (+4.24%), OCBC Bk MBeCW140703 (unchanged).
Singapore Stock Market
*ST Index 3,013.14 +24.87 2,988.27 +28.18
Volume: 2,209.6M 2,247.1M
Value: $1,198.4M $1,078.1M
Gainers/Losers: 234/188 295/152
Daily Market Commentary (Securities)
7 Feb 2014
The FBM KLCI index gained 10.69 points or 0.59% on Friday. The Finance Index increased 0.59% to 16567.09 points, the Properties Index up 1.01% to 1255.34 points and the Plantation Index rose 0.17% to 8397.68 points. The market traded within a range of 14.34 points between an intra-day high of 1812.18 and a low of 1797.84 during the session.
Actively traded stocks include IRIS, WINSUN, SUMATEC, KNM, SONA-WA, NEXTNAT, MINETEC, INGENCO, PDZ and KNM-WA.
Trading volume increased to 1860.72 mil shares worth RM2204.57 mil as compared to Thursday’s 1825.33 mil shares worth RM2200.60 mil. Leading Movers were TENAGA (+30 sen to RM11.74), DIGI (+12 sen to RM4.97), CIMB (+9 sen to RM7.01), MAYBANK (+10 sen to RM9.80) and SIME (+6 sen to RM9.01). Lagging Movers were ASTRO (-10 sen to RM2.94), GENM (-4 sen to RM4.25), PPB (-12 sen to RM15.50), AXIATA (-1 sen to RM6.49) and KLK (-2 sen to RM23.58). Market breadth was positive with 542 gainers as compared to 256 losers.
The KLCI saw brisk market movement today after closing at 1808.59 points, higher by 10.69 points or 0.59%. The local bourse witnessed continued active trading during the day, with volume and value much the same as yesterday. Similarly, nearly all regional peers were in buoyant note today. We opine the overnight strong rally from Wall Street helped to assuage nervous investors.
As of 7 February 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,947.79 2,790.03 2,157.76
Proprietary 2,681.41 2,940.53 -259.12
Foreign 9,020.90 9,167.03 -146.13
Individual 15,423.25 17,175.76 -1,752.52
Total Trading Value 32,073.35 M.Baht
Vietnam's benchmark VN Index fell 0.89 percent to close at 549.76 points on Friday, dropping for the third consecutive session as investors sold blue chips
for quick profits.
"This profit-taking should be short-term only, and the VN Index would rebound soon," said analyst Nguyen Hoang Phuong at Ho Chi Minh City Securities.
BIDV , Vietnam's largest listed bank by assets, led the losses, with shares dropping 5.68 percent, followed by top insurer Baoviet Holdings that fell 3.34 percent.
The selling followed gains in January, in which the index advanced around 10 percent.
The VN Index could rise 17-20 percent this year to 590-600 points, given gradual economic improvements and ongoing reforms, Saigon Securities Incorp said a report seen by Reuters on Friday.
Saigon Securities was the country's second-largest brokerage firm by market share in 2013.
Here is a snapshot of the VN Index at the close
VN Index 549.76
PREV. CLOSE 554.68
% CHANGE -0.89%
Major Southeast Asian stock markets gained on Friday on hopes U.S. non-farm payrolls data could put some global growth concerns to rest, with the Philippines an outperformer amid a rise in the peso and foreign-led buying in large-caps.
The Philippine index jumped 1.6 percent, trimming its loss on the week to 0.5 percent. Shares of Philippine Long Distance Telephone , the most actively traded, soared 1.7 percent.
The Philippine peso hit its highest level since Jan. 15 on Friday while the local bourse said foreign investors bought shares worth a net 428.5 million peso ($9.48 million) on the day.
Stocks in Singapore rose 0.8 percent, hovering around a one-week high and ending the week down 0.5 percent.
Malaysia closed up 0.6 percent at its highest level since Jan. 22, notching up a weekly gain of 0.3 percent.
Indonesia ended up 1 percent, gaining 1.1 percent on the week. Thailand trimmed earlier gains, inching up 0.1 percent amid domestic political uncertainty.
Shares of Thai Airways International reversed earlier gains and fell 1.5 percent to its lowest close since Jan. 30, after employees of the national carrier said they plan to "go slow" at work next week and call for its chairman and acting president to resign for running the airline into losses.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 381.64 379.14 +0.66
Singapore 3013.14 2988.27 +0.83
Kuala Lumpur 1808.59 1797.90 +0.59
Bangkok 1296.49 1295.24 +0.10
Jakarta 4466.67 4424.71 +0.95
Manila 6011.14 5914.59 +1.63
Ho Chi Minh 549.76 554.68 -0.89