ASEAN KEY DESTINATIONS
17 January 2014
The Straits Times Index (STI) ended +6.89 points higher or +0.22% to 3147.33, taking the year-to-date performance to -0.56%.
The FTSE ST Mid Cap Index gained +0.18% while the FTSE ST Small Cap Index declined -0.22%. The top active stocks were SingTel (unchanged), Keppel Corp (+0.64%), UOB (-0.53%), DBS (+0.06%) and Ezra (-13.23%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+1.00%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+0.62%) and Thai Beverage (+1.85%). The underperforming sector was the FTSE ST Consumer Services Index, which declined -0.53% with Genting Singapore’s share price declining -1.34% and Jardine Cycle & Carriage’s share price declining -1.43%.The FTSE ST Basic Materials Index gained +0.42% The FTSE ST Financials Index gained +0.02%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India 100 (-0.50%), Nikko AM Singapore STI ETF (unchanged), DBXT MSCI Indonesia ETF 10 (-0.90%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.46%), CapitaCommercial Trust (+0.68%), Keppel REIT (-1.28%).
The most active index warrants by value today were HSI23200MBePW140227 (-15.79%), HSI22800MBeCW140227 (+12.70%), HSI22400MBePW140227 (-17.91%).
The most active stock warrants by value today were DBS MB eCW140502 (-0.63%), KepCorp MBeCW140401 (-1.09%), DBS MB eCW140603 (-0.98%).
Singapore Stock Market
*ST Index 3,147.33 +6.89 3,140.44 -2.81
Volume: 2,457.9M 2,496.5M
Value: $1,044.2M $947.3M
Gainers/Losers: 219/181 170/257
Daily Market Commentary (Securities)
16 Jan 2014
The FBM KLCI index lost 11.02 points or 0.60% on Thursday. The Finance Index fell 0.09% to 16663.78 points, the Properties Index dropped 0.95% to 1286.43 points and the Plantation Index down 0.91% to 8483.47 points. The market traded within a range of 20.15 points between an intra-day high of 1831.33 and a low of 1811.18 during the session.
Actively traded stocks include IRIS, SONA-WA, BIOOSMO, PDZ, SUMATEC, MINETEC, IOIPG, XDL-WA, DAYA and SONA. Trading volume decreased to 1711.68 mil shares worth RM2184.75 mil as compared to Wednesday’s 2360.34 mil shares worth RM2703.14 mil.
Leading Movers were GENTING (+12 sen to RM10.20), CIMB (+2 sen to RM7.11), HLBANK (+2 sen to RM14.26) and HLFG (+6 sen to RM15.12). Lagging Movers were AXIATA (-9 sen to RM6.64), TENAGA (-10 sen to RM11.46), SIME (-9 sen to RM9.12), GENM (-8 sen to RM4.30) and DIGI (-6 sen to RM4.74). Market breadth was negative with 245 gainers as compared to 571 losers.
The KLCI ended 11.02 points lower at 1813.01 despite the bullish overnight performance in US market. The benchmark index was mainly dragged down by losses in Axiata and Tenaga, amid profit taking activities ahead of Thaipusam holiday tomorrow.
Stock market garners more than Rp 100t in 2013
Issuers managed to garner Rp 115.03 trillion from the stock market using initial public offerings (IPO), rights issuance and bonds issuance in 2013, the Financial Services Authority (OJK) says.
Official OJK data shows that bonds issuance contributed the most with Rp 55.29 trillion.
The OJK also revealed that 30 issuers had conducted their IPOs in 2013.
Date As of: Thursday, January 16, 2014
Description Volume Value Frequency
ETF 25,800 17,791,100 221
Stock 4,826,800,954 5,181,308,156,648 185,769
Right 825,913,949 1,997,415,549 140
Warrant 103,881,900 5,926,328,400 4,198
Total 5,756,622,603 5,189,249,691,697 190,328
Thai stocks fell on Friday after a bomb went off as anti-government protesters marched in central Bangkok, spurring fears about rising political tension.
By 0735 GMT, the benchmark SET index was down 0.7 percent at 1,292.38, having lost around 1 percent at one point. The index moved narrowly in the morning session and was nearly flat by the midday trading break at 0530 GMT.
Police and health officials said a bomb exploded around 0600 GMT near the area where protest leader Suthep Thaugsuban was marching on a road in central Bangkok, injuring at least 28 demonstrators.
As of 17 January 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,162.60 2,996.19 166.40
Proprietary 4,146.57 3,798.69 347.89
Foreign 10,777.05 10,170.31 606.73
Individual 14,800.95 15,921.97 -1,121.02
Total Trading Value 32,887.16 M.Baht
Vietnam's benchmark VN Index climbed 1.88 percent to close at 543.59 points, extending its winning streak to 11 sessions, with foreign investors buying blue chips and banks after No. 2 lender BIDV received a listing licence.
All banking shares gained on Friday after BIDV, Vietnam's second-biggest bank by assets, won approval to list on Ho Chi Minh Stock Exchange, which could be as early as this month.
Sacombank stocks surged 6.74 percent, Hanoi-based lender Vietcombank climbed 2.53 percent and VietinBank , Vietnam's largest partly private bank by assets, advanced 1.88 percent.
Foreign investors bought blue chips, anticipating the government would raise foreign ownership limits to 60 percent from 49 percent in listed shares within the next few weeks.
Shares in the portfolio of Market Vectors Vietnam exchange-traded fund (ETF) also rose on the ETF's premium gains of more than 7 percent on Thursday, analysts said.
The premium advance would allow VNM to pour 500 billion dong ($23.7 million) into the Vietnamese share market, said analyst Nguyen Hoang Phuong at Ho Chi Minh City Securities.
Property firm Vingroup rose 2.84 percent, and top insurer Baoviet Holdings jumped 6.98 percent. Both shares are within the ETF's portfolio, beside STB and VCB.
PetroVietNam Gas , Vietnam's largest listed firm, closed flat on Friday after gaining 16.7 percent over the past 11 sessions.
Foreign investors have been net buyers on the Ho Chi Minh Stock Exchange, with 825 billion dong ($39.1 million) in net purchase from Jan. 1 to Jan. 16, exchange data showed.
The index has risen for 11 consecutive sessions, breaking its 3-1/2-year high on Thursday, Reuters data showed.
"The Vietnamese market has been very excited, and the index has gained out of our expectation," said research director Hoang Viet Phuong at Saigon Securities.
Analysts expected the index would hit 600 points in 2014, after being Southeast Asia's best performer last year.
The index mighty fall slightly when investors take profit from stocks that gained strong recently, said Nguyen The Minh of Viet Capital Securities. The VNI would not drop too low, however, as foreign investors would extend their net buy in the short term.
Here is a snapshot of the VN Index at the close
VN Index 543.59
PREV. CLOSE 533.54
% CHANGE 1.88%
Thai stocks retreated on Friday as investors cut some risk exposure after a blast at an anti-government protest rally, with most others in Southeast
Asia rangebound amid Asian stock market weakness and downbeat results on Wall Street.
Thai SET index finished down 0.5 percent on the day, trimming its gain on the week to 3.2 percent. It was among the region's outperformers on the week, helped by bargain hunting in a reporting season, including banking shares.
An explosive device wounded 28 anti-government protesters in the Thai capital on Friday and other violence was reported after several days of relative calm when the movement appeared to be running out of steam. ID:nL3N0KR243
Vietnam was the region's bright spot. The benchmark VN Index climbed 1.88 percent, extending its winning streak to 11 sessions. It was up 4.8 percent on the week, Southeast Asia's best, ahead of Indonesia's 3.7 percent weekly gain.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 385.52 385.54 -0.01
Singapore 3147.33 3140.44 +0.22
Bangkok 1295.41 1301.48 -0.47
Jakarta 4412.23 4412.49 -0.01
Manila 5987.09 5982.24 +0.08
Ho Chi Minh 543.59 533.54 +1.88