ASEAN KEY DESTINATIONS
20 January 2015
The Straits Times Index (STI) ended +26.32 points higher or +0.80% to 3334.02, taking the year-to-date performance to -0.93%.
The FTSE ST Mid Cap Index gained +0.77% while the FTSE ST Small Cap Index gained +0.55%. The top active stocks were Keppel Corp (-0.98%), SingTel (+0.77%), UOB (+1.04%), CapitaMall Trust (unchanged) and DBS (+1.12%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.87%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (unchanged) and Hyflux (+2.20%). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -0.34% with Keppel Corp’s share price declining -0.98% and Sembcorp Industries’ share price declining +0.96%.
The three most active Exchange Traded Funds (ETFs) by value today were the ABF Spore Bond Index Fund ETF (+0.17%), SPDR Gold Shares (+1.17%), IS MSCI India (+0.90%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (unchanged), Suntec REIT (+0.25%), CapitaCom Trust (+0.82%).
The most active index warrants by value today were HSI24200MBeCW150226 (+15.46%), HSI24600MBeCW150330 (+16.07%), HSI23600MBeCW150226 (+13.61%).
The most active stock warrants by value today were SGX MB eCW150803 (+6.98%), DBS MB eCW150602 (+18.82%), UOB MB eCW150415 (+10.15%).
Singapore Stock Market
*ST Index 3,334.02 +26.32 3,307.7 +7.02
Volume: 1,228.5M 1,170.9M
Value: $949.7M $897.2M
Gainers/Losers: 275/147 193/239
Daily Market Commentary (Securities)
20 Jan 2015
The FBM KLCI index lost 3.20 points or 0.18% on Tuesday. The Finance Index increased 0.18% to 15556.08 points, the Properties Index up 0.05% to 1297.81 points and the Plantation Index down 0.22% to 7766.66 points. The market traded within a range of 8.70 points between an intra-day high of 1754.34 and a low of 1745.64 during the session.
Actively traded stocks include KNM, SANICHI, SUMATEC, ASIABIO-WA, SYSTECH, ASIABIO, HSI-H4, ETITECH, PDZ and MSPORTS-WA. Trading volume increased to 2053.23 mil shares worth RM2022.32 mil as compared to Monday’s 1918.18 mil shares worth RM1914.88 mil.
Leading Movers were MAYBANK (+13 sen to RM8.92), PBBANK (+12 sen to RM17.76), AMMB (+4 sen to RM6.48), UMW (+6 sen to RM10.62) and TM (+2 sen to RM6.70). Lagging Movers were CIMB (-14 sen to RM5.81), PETCHEM (-6 sen to RM4.94), SKPETRO (-3 sen to RM2.60), GENTING (-9 sen to RM8.30) and GENM (-4 sen to RM3.81). Market breadth was positive with 418 gainers as compared to 391 losers.
The KLCI ended marginally lower at 1750.11 points after Prime Minister Datuk Seri Najib Razak announced the revised Budget. Investors’ reaction to the announced economic intervention measures was lukewarm as it offered little surprise to the market.
Date As of: 20 January 2015
Description Volume Value Frequency
ETF 25,200 15,857,200 131
Stock 5,912,882,087 6,265,662,129,760 231,732
Warrant 74,423,000 2,868,792,600 440
Total 5,987,330,287 6,268,546,779,560 232,303
As of 20 January 2015 Unit: M.Baht
Type Buy Sell Net
Institution 2,926.63 2,899.47 27.15
Proprietary 4,062.57 2,755.37 1,307.20
Foreign 6,393.08 7,212.46 -819.39
Individual 29,172.64 29,687.60 -514.96
Total Trading Value 42,554.91 M.Baht
Vietnam index up 0.5 pct, big-caps rebound
Vietnam's benchmark VN Index advanced 0.53 percent at the break on Tuesday to 574.52 points, led by some blue chips that rallied after several recent losses.
PetroVietNam Gas, Vietnam's top firm by market value, bounced back with a 1.31-percent rise, while Hanoi-based Vietcombank , the country's biggest lender by capitalisation, was up 1.69 percent after three straight falls.
Trading volume has been easing in the past two sessions as investors stayed on the sidelines to observe market movements after some strong rallies, but analysts expected the index could hit 640 points this quarter.
"Investors should hold equities in large amount amid this rising trend," said Maybank Kim Eng Securities in a note to clients, adding that falling sessions create buying opportunities.
Here is a snapshot of the VN Index at midday
VN Index 574.52
PREV. CLOSE 571.51
% CHANGE 0.53%
SE Asia Stocks -Malaysian shares retreat; Philippine index down
Malaysian stocks retreated on Tuesday after the government cut its economic growth forecast and on a potential credit ratings downgrade, while the
Philippine index fell for a second day amid foreign-led selling in shares of energy-related firms.
The Kuala Lumpur composite index closed down 0.2 percent at 1,750.11, falling from Monday's near three-week high amid selling in recent gainers including Tenaga Nasional.
The Malaysian government widened its fiscal deficit target to 3.2 percent of gross domestic product for 2015 and cut its forecast for economic growth to adjust its budget after a sharp
fall in earnings from oil and gas.
Credit ratings agency Fitch said it would review Malaysia's rating in the first half of 2015 and that it may downgrade the sovereign. Standard & Poor's said a prolonged slump in oil prices could derail Malaysia's fiscal consolidation plan.
The Philippine index fell 0.4 percent to 7,452.81, extending Monday's weakness which came after a record close of 7,490.88 on Jan. 14.
Foreign investors sold shares worth a net 270 million peso ($6.05 million), with outflows mostly hitting shares of energy related firms such as Energy Development Corp and Aboitiz Power Corp , stock exchange data showed.
Broker Regina Capital Development Corp said it maintained a 2015 index target of 7,800, citing a fall in energy costs.
"We're still bullish on Philippine equities, especially with companies/industries that use oil/oil-related items for their overhead expenses," said analyst Jason Bibit.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3334.02 3307.70 +0.80
Kuala Lumpur 1750.11 1753.31 -0.18
Bangkok 1535.09 1535.37 -0.02
Jakarta 5166.09 5152.09 +0.27
Manila 7452.81 7485.32 -0.43
Ho Chi Minh 572.22 571.51 +0.12