ASEAN KEY DESTINATIONS
16 January 2015
The Straits Times Index (STI) ended -38.16 points lower or -1.14% to 3300.68, taking the year-to-date performance to -1.92%.
The FTSE ST Mid Cap Index declined -0.37% while the FTSE ST Small Cap Index declined -0.42%. The top active stocks were DBS (-0.90%), Keppel Corp (-0.86%), CapitaLand (-0.31%), UOB (-1.54%) and SingTel (-0.77%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.09%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+6.78%) and Geo Energy Resources (-2.38%). The underperforming sector was the FTSE ST Consumer Goods Index, which declined -2.46% with Wilmar International’s share price declining -0.94% and Thai Beverage’s share price declining -5.48%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+2.36%), IS MSCI India (+0.39%), STI ETF (-1.18%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+1.40%), Ascendas REIT (-0.41%), CapitaCom Trust (+0.55%).
The most active index warrants by value today were HSI24600MBeCW150330 (-5.06%), HSI24200MBeCW150226 (-13.29%), HSI24000MBeCW150129 (-20.69%).
The most active stock warrants by value today were DBS MB ePW150402 (+8.25%), SGX MB eCW150803 (-6.16%), DBS MB eCW150602 (-8.00%).
Singapore Stock Market
*ST Index 3,300.68 -38.16 3,338.84 +12.68
Volume: 1,765.1M 1,283.2M
Value: $1,388.8M $1,063.5M
Gainers/Losers: 141/304 223/218
Daily Market Commentary (Securities)
16 Jan 2015
The FBM KLCI index lost 1.43 points or 0.08% on Friday. The Finance Index fell 0.17% to 15366.83 points, the Properties Index up 0.03% to 1286.28 points and the Plantation Index down 0.40% to 7776.16 points. The market traded within a range of 13.89 points between an intra-day high of 1746.24 and a low of 1732.35 during the session.
Actively traded stocks include MINETEC, SYSTECH, IFCAMSC, HUBLINE, MSPORTS-WA, IFCAMSC-WA, SKPETRO, ASIABIO, INGENCO and YGL. Trading volume decreased to 1786.19 mil shares worth RM1882.21 mil as compared to Thursday’s 1934.46 mil shares worth RM2297.03 mil.
Leading Movers were SKPETRO (+6 sen to RM2.50), PPB (+28 sen to RM14.30), GENM (+6 sen to RM3.85), IHH (+5 sen to RM4.88) and DIGI (+5 sen to RM6.20). Lagging Movers were MISC (-13 sen to RM7.57), PETGAS (-30 sen to RM21.40), PETCHEM (-7 sen to RM5.05), GENTING (-9 sen to RM8.30) and CIMB (-6 sen to RM5.85). Market breadth was negative with 366 gainers as compared to 426 losers.
The KLCI ended 1.43 points lower at 1743.57, weighed down by selling in Petronas-linked and banking counters. Investors’ risk appetite were dampened by the weak lead from overnight US market due to drop in crop price and the surprise move of Swiss National Bank scrapping its three-year policy of capping the Swiss franc against the euro.
Date As of: 16 January 2015
Description Volume Value Frequency
ETF 1,700 995,100 13
Stock 5,302,707,871 5,667,743,854,960 245,914
Right 274,800 120,719,700 35
Warrant 20,068,400 3,853,276,100 516
Total 5,323,052,771 5,671,718,845,860 246,478
As of 16 January 2015 Unit: M.Baht
Type Buy Sell Net
Institution 2,957.90 1,846.29 1,111.61
Proprietary 2,789.46 3,446.56 -657.11
Foreign 8,947.68 10,684.90 -1,737.22
Individual 22,329.67 21,046.95 1,282.72
Total Trading Value 37,024.71 M.Baht
Vietnam index ends down 0.5 pct, GAS leads
Vietnam's benchmark VN Index closed down 0.51 percent on Friday, as PetroVietNam Gas led the losses amid range-bound movements in most other blue chips.
GAS shares, Vietnam's largest firm that accounts for a fifth of the market value, lost 1.27 percent to close at 77,500 dong ($3.63) each.
The stock has hovered around the current level for four sessions after the firm's share re-purchase plan at a maximum 100,000 dong each lifted appetite despite falling global oil prices.
Other big-caps moved mixed, with top insurer Baoviet Holdings advancing 2.94 percent while Hanoi-based Vietcombank , the top lender by market value, lost 1.36 percent.
Volume dipped slightly from the previous sessions to 107 million shares, while most analysts said the index may move marginally next week ahead of further strong gains expected in the first quarter.
Here is a snapshot of the VN Index at the close
VN Index 574.81
PREV. CLOSE 577.74
% CHANGE -0.51%
SE Asia Stocks - Weak amid outflows, Singapore worst drop in almost two weeks
Singapore shares suffered the worst drop in almost two weeks on Friday amid a rise in the Singapore dollar and volatility in the foreign exchange market while late bargain hunting helped other markets in Southeast Asia trim some early losses.
The benchmark Straits Times Index fell 1.14 percent to 3,300.68, the lowest close since Jan. 7, ending the week 1.1 percent lower.
The Singapore dollar edged higher in a reflection of what analysts said were traders being forced to shift their positions and strategies, after Switzerland's unexpected move to abandon its cap on the franc jolted financial markets.
Shares of DBS Group Holdings Ltd , United Overseas Bank Ltd and Noble Group Ltd were among actively traded in terms of turnover.
Analysts said the Swiss Bank's move appeared to foretell that next week the European Central Bank's meeting could announce some big quantitative easing measures, broker NRA Capital said in a report.
Fund flows were broadly weak, with Malaysia reporting a net foreign selling of 371 million ringgit ($104 million), with Thailand's a net 1.7 billion baht ($52 million) outflow and Indonesia's 333.4 billion rupiah ($27 million) outflow, stock exchange and Thomson Reuters data showed.
Bangkok's SET index finished down 0.4 percent at 1,517.74, slightly coming off a day low of 1,514.83. It slipped 0.8 percent on the week, after a 2.1 percent gain a week earlier.
Thai energy firm PTT shares gained 0.9 percent while Malaysia's oil and gas firm Sapurakencana Petroleum jumped 2.5 percent after Brent crude oil futures rose above $49 a barrel on Friday as the IEA said the tide of recent price slumps may turn.
The region had a mixed performance on the week, with Malaysia and Vietnam posting a weekly gain of 0.6 percent and 0.9 percent, respectively, while Indonesia was down 1.3 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3300.68 3338.84 -1.14
Kuala Lumpur 1743.57 1745.00 -0.08
Bangkok 1517.74 1523.38 -0.37
Jakarta 5 148.38 5188.71 -0.78
Ho Chi Minh 574.81 577.74 -0.51