ASEAN KEY DESTINATIONS
15 January 2014
The Straits Times Index (STI) ended +19.5 points higher or +0.62% to 3143.25, taking the year-to-date performance to -0.68%.
The FTSE ST Mid Cap Index gained +0.28% while the FTSE ST Small Cap Index gained +0.44%. The top active stocks were SingTel (+0.29%), DBS (+0.64%), Keppel Corp (-0.09%), JES (+11.11%) and OCBC (+0.31%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.23%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+1.01%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -0.03% with Keppel Corp’s share price declining -0.09% and Sembcorp Industries’ share price remaining unchanged. The FTSE ST Financials Index gained +0.39%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+1.17%), DBXT FTSE Vietnam ETF (+1.22%), Lyxor Japan Fund (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+1.03%), CapitaMall Trust (+1.35%), Ascendas REIT (+1.40%).
The most active index warrants by value today were HSI22800MBeCW140227 (+7.14%), HSI22400MBePW140227 (-7.79%), HSI23200MBePW140227 (-7.43%).
The most active stock warrants by value today were DBS MB eCW140603 (+8.60%), KepCorp MBeCW140401 (+2.25%), UOB MB eCW140303 (-3.33%).
Singapore Stock Market
*ST Index 3,143.25 +19.5 3,123.75 -11.74
Volume: 3,443.8M 2,746M
Value: $1,079.1M $991.2M
Gainers/Losers: 269/147 169/234
Daily Market Commentary (Securities)
15 Jan 2014
The FBM KLCI index lost 10.94 points or 0.60% on Wednesday. The Finance Index fell 0.71% to 16678.03 points, the Properties Index dropped 0.86% to 1298.76 points and the Plantation Index down 0.87% to 8561.14 points. The market traded within a range of 17.48 points between an intra-day high of 1836.47 and a low of 1818.99 during the session.
Actively traded stocks include SUMATEC, IRIS, DAYA, SUMATEC-WB, IOIPG, MINETEC, TIGER, BIOOSMO, TIGER-WB and SONA-WA. Trading volume increased to 2360.34 mil shares worth RM2703.14 mil as compared to Monday’s 2067.46 mil shares worth RM1738.49 mil. Leading Movers were SKPETRO (+4 sen to RM4.71), UMW (+18 sen to RM11.88), HLBANK (+14 sen to RM14.28), GENM (+2 sen to RM4.38) and YTL (+1 sen to RM1.59).
Lagging Movers were CIMB (-21 sen to RM7.09), GENTING (-20 sen to RM10.08), TENAGA (-14 sen to RM11.56), MAYBANK (-9 sen to RM9.81) and PETCHEM (-10 sen to RM6.69). Market breadth was negative with 284 gainers as compared to 556 losers.
The KLCI ended sharply lower at 1824.03 points, bucking the gains in the Asian and U.S. markets. Market sentiment may have been dragged down by the depreciating Ringgit that may signal foreign funds outflow. The losses of our local bourse were further exacerbated by the loss made by heavyweight CIMB following the announcement of private placement. Meanwhile, IOI Properties Group that made its debut listing today closed 25.5% higher at RM3.15 after easing from an intra-day high of RM3.56.
Date As of: 15 January 2014
Description Volume Value Frequency
ETF 23,900 16,512,500 72
Stock 5,893,396,983 7,654,761,662,406 284,182
Right 55,097,900 208,582,700 95
Warrant 162,106,240 7,035,929,040 3,041
Total 6,110,625,023 7,662,022,686,646 287,390
Thai bourse's contact and customer services temporarily moved from January 15
BANGKOK, January 15, 2014 - The Stock Exchange of Thailand (SET) has temporarily re-located its contact and customer services to Esplanade shopping center, Ratchadapisek Road, Bangkok, replacing the SET building on the same road, due to the current political situation, starting from January 15 until further notice.
Services provided at the SET temporary site are: (1) TSD counter service, such as registrar and e-dividend service. (2) Sending / receiving of documents for brokers, listed companies, asset management companies, provident fund members, and other documents. (3) Those relating to financial receipts/payments and other documents. The services site will be open from Monday-Friday from 10:00 a.m.-5:00 p.m. Please call 662 354-2087 for more information.
For other information and activities, please contact S-E-T call center at 662 229-2222 or email: SETCallcenter@set.or.th. For dividend payments and
benefits relevant to shareholdings, please contact TSD call center at 662 229-2888, or email: TSDCallCenter@set.or.th .
As of 15 January 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,841.36 2,537.62 303.74
Proprietary 4,586.32 5,934.47 -1,348.16
Foreign 10,489.05 11,653.12 -1,164.06
Individual 17,454.74 15,246.25 2,208.49
otal Trading Value 35,371.47 M.Baht
Vietnam's benchmark VN Index closed up 0.84 percent on Wednesday, the ninth straight gain, as investors bought several blue chips with expectation
the government would soon allow foreign investors to own more in listed firms, analysts said.
Shares of the companies, in which foreign holdings are at limit, advanced. Sai Gon Securities Incorp rose 5.13 percent, technology firm FPT increased 1.63 percent and Refrigeration Electrical Engineering Corp gained 0.96 percent.
The government could raise foreign ownership limit to 60 percent, from 49 percent now, in some listed firm within two weeks, analysts said.
Investors also bought speculative stocks in the real estate sector, after a Rockefeller firm has agreed to develop a $2.5 billion resort project in Vietnam.
Shares of property firm Tan Tao Investment and Industry Corp jumped 6.15 percent, while its volume hit a record high of 23.1 million shares, Reuters data showed.
The index, which has advanced for nine consecutive sessions, might rise beyond its resistance level of 530-533 points within two weeks, analysts said.
The political crisis in Thailand has also prompted foreign investors to search opportunity in Vietnam's stock market, analysts said.
The VN Index is Southeast Asia's best performer in 2013.
Here is a snapshot of the VN Index at the close
VN Index 526.68
PREV. CLOSE 522.31
% CHANGE 0.84%
Thai shares snapped two days of gains and dropped 1.5 percent on Wednesday amid profit-booking in large-caps while Indonesian stocks rose on optimism about the government's ban on exporting unprocessed minerals.
The Thai SET index fell to 1,277.03 after a bout of selling near the key 1,300 level, with large-caps leading the way, including PTT , PTT Exploratiovn and Production and Advanced Info Service .
The selling came in moderate trading volume while brokers said the domestic political uncertainty would keep the market volatile in the near term.
The Thai government has confirmed a general election will be held as planned on Feb. 2 despite mounting pressure from protesters.
Indonesia's main index rose 1.2 percent to a two-month closing high of 4,441.59, with strong buying in shares of nickel producer Vale Indonesia , which jumped 8.7 percent, the top gainer in large caps .
Fitch Ratings said the last-minute intervention by Indonesia's politicians to avert a significant disruption of mining activity and exports, should limit any further stress on the sovereign rating for now.
Foreign investors bought Indonesian shares worth a net $90 million on Wednesday, after around $160 million of net purchases on Monday, Thomson Reuters data showed.
Share indexes in the region ended mixed, with Singapore rising 0.6 percent after four sessions of falls while Vietnam rose 0.8 percent on market talk that the government would soon raise foreign holdings in listed firms.
Stocks in Malaysia slipped while the Philippines trimmed some earlier gains amid currency weakness and foreign selling.
Malaysia posted a net foreign selling of 354 million ringgit ($108.47 million) while the Philippines reported a net 280 million peso ($6.26 million) of sales by foreign investors, stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 384.98 387.75 -0.71
Singapore 3143.25 3123.75 +0.62
Kuala Lumpur 1824.03 1834.97 -0.60
Bangkok 1277.03 1295.87 -1.45
Jakarta 4441.59 4390.77 +1.16
Manila 5958.12 5935.56 +0.38
Ho Chi Minh 526.68 522.31 +0.84