ASEAN KEY DESTINATIONS
13 January 2014
The Straits Times Index (STI) ended -8.38 points lower or -0.27% to 3135.49, taking the year-to-date performance to -0.93%.
The FTSE ST Mid Cap Index declined -0.25% while the FTSE ST Small Cap Index declined -0.72%. The top active stocks were Albedo (-7.81%), OCBC (-0.21%), DBS (-0.69%), SingTel (-0.28%) and UOB (-0.19%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+0.08%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (-0.32%) and Biosensors International Group(+0.55%). The underperforming sector was the FTSE ST Technology Index, which declined -2.13% with Silverlake Axis’s share price declining -0.55% and STATS ChipPAC ’s share price declining -1.56%.The FTSE ST Basic Materials Index declined -0.60% and the FTSE ST Financials Index declined -0.32%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.07%), IS MSCI India (+0.85%), DBXT MSCI Indonesia ETF 10 (+7.84%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.46%), Suntec REIT (unchanged), CapitaMall Trust (unchanged).
The most active index warrants by value today were HSI22800MBeCW140227 (-4.96%), HSI22400MBePW140227 (-3.61%), HSI23200MBeCW140129 (-16.67%).
The most active stock warrants by value today were DBS MB eCW140502 (-7.27%), DBS MB eCW140603 (-8.49%), UOB MB eCW140303 (-7.97%).
Singapore Stock Market
*ST Index 3,135.49 -8.38 3,143.87 -1.54
Volume: 3,398M 3,678.6M
Value: $825.2M $963.5M
Gainers/Losers: 169/245 186/213
Daily Market Commentary (Securities)
13 Jan 2014
The FBM KLCI index gained 8.36 points or 0.46% on Monday. The Finance Index increased 0.40% to 16798.09 points, the Properties Index dropped 0.46% to 1309.99 points and the Plantation Index rose 0.14% to 8636.1 points. The market traded within a range of 14.19 points between an intra-day high of 1837.35 and a low of 1823.16 during the session.
Actively traded stocks include MINETEC, IRIS-WB, SUMATEC, HUBLINE, DAYA, BIOOSMO, DESTINI, DESTINI-WA, MARCO and MAS. Trading volume increased to 2067.46 mil shares worth RM1738.49 mil as compared to Friday’s 1915.90 mil shares worth RM2068.27 mil.
Leading Movers were PPB (+42 sen to RM15.78), PETGAS (+38 sen to RM23.38), PETDAG (+22 sen to RM30.64), MISC (+20 sen to RM5.70) and GENTING (+12 sen to RM10.28). Lagging Movers were UMW (-18 sen to RM11.70), BAT (-16 sen to RM62.64), UEMS (-5 sen to RM2.29), MAXIS (-2 sen to RM7.10) and HLBANK (-2 sen to RM14.14). Market breadth was negative with 408 gainers as compared to 435 losers.
The KLCI finish higher in the first trading day of the week, closing at 1834.97 points ahead of the Thaipusam holiday tomorrow. The buoyant performance was in the wake of the surprisingly weak US jobs data that revived speculation that the Federal Reserve would keep its stimulus program for longer.
Date As of: 13 January 2014
Description Volume Value Frequency
ETF 83,200 60,948,900 157
Stock 5,705,792,541 8,099,572,108,193 306,314
Right 511,843,738 560,978,538 103
Warrant 64,654,400 5,473,457,700 1,117
Total 6,282,373,879 8,105,667,493,331 307,691
As of 13 January 2014 Unit: M.Baht
Type Buy Sell Net
Institution 1,428.71 4,072.59 -2,643.88
Proprietary 5,279.26 3,284.06 1,995.20
Foreign 11,602.86 9,720.55 1,882.31
Individual 11,943.28 13,176.91 -1,233.63
Total Trading Value 30,254.11 M.Baht
Vietnam's benchmark VN Index rose for a seventh session, closing up 0.42 percent at 521.11 points on Monday, led by gains in the energy sector.
Shares of PetroVietNam Gas , Vietnam's biggest listed firm, rose 3.6 percent to its record high of 72,000 dong ($3.42) each, according to Reuters data.
Other energy firms also advanced, including Petrovietnam Drilling and Well Services Co that increased 3.1 percent and Petrovietnam Low Pressure Gas Distribution Co which climbed 2.86 percent.
Investors sold several other stocks to take profit, including Vinamilk and Vietcombank , said analyst Doan Thi Anh Nguyet at Saigon-Hanoi Securities.
Vietcombank stocks eased 1.08 percent on Monday. Late last week the Hanoi-based lender said its gross profit in 2013 eased 0.5 percent from the previous year to $272 million.
The index could surpass its 530-point resistance level in the short term, analysts said.
Here is a snapshot of the VN Index at the close
VN Index 521.11
PREV. CLOSE 518.94
% CHANGE 0.42%
Thai shares jumped 2.2 percent to their highest in more than two weeks on Monday as a proposal to put off the Feb. 2 election triggered short covering, but low
volumes suggested investors remained cautious as political protests intensified in Bangkok.
The benchmark SET index closed at 1,283.56, the highest since Dec. 27. Among top gainers, Airports of Thailand surged 5.2 percent and Advanced Info Service gained 4.8 percent, both recovering from early losses.
Thai Prime Minister Yingluck Shinawatra has invited leaders of anti-government protesters and political parties to discuss an Election Commission proposal to push back the date of the snap election she called.
Tens of thousands of anti-government protesters occupied parts of central Bangkok on Monday, meeting no resistance from the authorities, ratcheting up a two-month agitation to force the resignation of Prime Minister Yingluck.
Sentiment in the region was broadly positive as weak U.S. jobs data on Friday revived expectations the Federal Reserve will keep interest rates low for longer.
Among outperformers, Indonesia climbed 3.2 percent to its highest close in nearly eight weeks, with foreign investors buying a net $159 million, while the Philippines rose 1.7 percent, with net foreign buying of $5.6 million, Thomson Reuters and stock exchange data showed.
Indonesia will be shut on Tuesday for a public holiday.
In its first-quarter report, HSBC Global Research upgraded Malaysian shares to overweight, citing its defensive qualities and high dividend yields and upgraded Philippine stocks to overweight due to its strong economic fundamental.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 387.38 381.57 +1.52
Singapore 3135.49 3143.87 -0.27
Kuala Lumpur 1834.97 1826.61 +0.46
Bangkok 1283.56 1255.45 +2.24
Jakarta 4390.77 4254.97 +3.19
Manila 5940.67 5842.88 +1.67
Ho Chi Minh 521.11 518.94 +0.42