ASEAN KEY DESTINATIONS
28 January 2015
The Straits Times Index (STI) ended +6.95 points higher or +0.20% to 3419.15, taking the year-to-date performance to +1.60%.
The FTSE ST Mid Cap Index gained +0.41% while the FTSE ST Small Cap Index gained +0.01%. The top active stocks were DBS (-0.05%), Global Logistic (+1.16%), SingTel (+1.00%), UOB (+0.56%) and Keppel Corp (+1.45%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+1.12%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.45%) and Sembcorp Industries (+0.70%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.54% with Midas Holdings’s share price declining -1.49% and Geo Energy Resources’s share price declining -2.33%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.50%), SPDR DJIA ETF Trust (-1.98%), STI ETF (+0.58%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-2.27%), Ascendas REIT (-1.98%), CapitaCom Trust (+0.54%).
The most active index warrants by value today were HSI25000MBeCW150330 (+7.14%), HSI24400MBePW150330 (-7.25%), HSI23800MBePW150330 (-8.08%).
The most active stock warrants by value today were KepCorp MBeCW150701 (+6.20%), DBS MB eCW150602 (-3.09%), SingPost MBeCW150907 (+2.50%).
Singapore Stock Market
*ST Index 3,419.15 +6.95 3,412.2 +13.68
Volume: 1,378.2M 1,845.6M
Value: $1,228.5M $1,490.8M
Gainers/Losers: 233/177 267/187
Daily Market Commentary (Securities)
28 Jan 2015
The FBM KLCI index lost 7.29 points or 0.40% on Wednesday. The Finance Index fell 0.80% to 15514.69 points, the Properties Index dropped 0.58% to 1305.08 points and the Plantation Index rose 0.69% to 8050.33 points. The market traded within a range of 10.62 points between an intra-day high of 1800.64 and a low of 1790.02 during the session.
Actively traded stocks include ASIABIO, ASIABIO-WA, JOBST, DNEX, SANICHI, EFFICEN, TAKASO, SUMATEC, KNM and FOCUS. Trading volume decreased to 1044.16 mil shares worth RM956.13 mil as compared to Tuesday’s 2049.99 mil shares worth RM2186.71 mil.
Leading Movers were FGV (+11 sen to RM2.51), GENM (+17 sen to RM4.10), KLK (+18 sen to RM23.00), DIGI (+5 sen to RM6.44) and ASTRO (+2 sen to RM2.94). Lagging Movers were PETCHEM (-23 sen to RM5.32), MAYBANK (-23 sen to RM8.69), HLFG (-44 sen to RM17.16), HLBANK (-20 sen to RM14.20) and TENAGA (-20 sen to RM14.80). Market breadth was negative with 260 gainers as compared to 397 losers.
The KLCI closed lower at 1797.52 points, taking the negative cue from overnight losses in Wall Street as investors awaited Federal Reserve meeting to see if rates would be hiked. The performance of our benchmark index was dragged down by selling in banking and Petronas-linked counters.
Date As of: 28 January 2015
Description Volume Value Frequency
Total 5,828,461,223 5,589,200,322,842 192,432
ETF 5,300 1,810,800 49
Stock 5,782,014,923 5,577,926,879,742 192,001
Warrant 46,441,000 11,271,632,300 382
As of 20 January 2015 Unit: M.Baht
Type Buy Sell Net
Institution 2,790.22 5,600.82 -2,810.60
Proprietary 3,966.40 4,578.47 -612.07
Foreign 11,093.58 7,333.52 3,760.06
Individual 37,922.48 38,259.86 -337.38
Total Trading Value 55,772.67 M.Baht
Vietnam index ends up 0.8 pct, banks surge
Vietnam's benchmark VN Index climbed 0.77 percent to close at 583.76 points on Wednesday, led by strong rallies in the banking sector while
other stocks moved mixed amid cautious trade.
Hanoi-based lender BIDV
All other banks advanced, while the broader market moved mixed on extended cautious trade after a market speculation of an arrest or indictment of a former top banker, dragging Wednesday volume to lower than the five-day average.
The market may move marginally in mixed trade later this week due to the speculation and ahead of the Feb. 1 effective date of a circular limiting banks' loan for stock investment, said analyst Do Quang Hop of Saigon-Hanoi Securities.
Here is a snapshot of the VN Index at the close
VN Index 583.76
PREV. CLOSE 579.3
% CHANGE 0.77%
SE Asia Stocks - Malaysia falls before rate decision; Philippines at record closing high
Thai shares gained on Wednesday after the Bank of Thailand kept its policy interest rate intact as expected while Siam Cement hit its highest in almost two years after fourth-quarter results beat forecasts.
Malaysian stocks fell ahead of an interest rate decision while investors in the region were broadly cautious, with the focus on the U.S. Federal Reserve's monetary policy meeting.
Singapore posted modest gains on upbeat sentiment after the central bank unexpectedly eased monetary policy, saying a plunge in commodity prices had significantly changed the city-state's inflation outlook.
Thailand's central bank left its benchmark interest rate unchanged at 2.0 percent, a level that still "supports" a struggling economy that it asserted is improving.
Thai key SET index closed up 0.2 percent at 1,592.81.
Siam Cement shares gained 1.7 percent to 480 baht, the highest close since May 2013, after the industrial conglomerate posted an 11 percent quarterly net profit growth on improving margins in its petrochemical business.
Malaysia's index was down 0.4 percent. Malaysia's central bank held its key interest rate steady at 3.25 percent on Wednesday, as expected, saying inflation was
expected to be lower than forecast and the economy remained on a steady growth path despite sharply lower commodity prices.
The rate decision came after market close.
Among the bright spots, the Philippine index ended up 0.4 percent at a new record closing high of 7,661.18, surpassing the record close of 7,630.57 hit on Jan. 27.
"Optimism about the country's economic performance, coupled with external factors that are favorable to the equities market, continues to support the growth of the market," stock exchange president Hans B. Sicat in a report.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3419.15 3412.20 +0.20
Kuala Lumpur 1795.88 1803.17 -0.40
Bangkok 1592.81 1589.81 +0.19
Jakarta 5268.85 5277.14 -0.16
Manila 7661.18 7630.57 +0.40
Ho Chi Minh 583.76 579.30 +0.77