ASEAN KEY DESTINATIONS
29 January 2014
The Straits Times Index (STI) ended -14.48 points lower or -0.47% to 3047.93, taking the year-to-date performance to -3.70%.
The FTSE ST Mid Cap Index gained +0.10% while the FTSE ST Small Cap Index declined -0.37%. The top active stocks were SingTel (-0.28%), DBS (-0.78%), OCBC (-1.16%), GLP (-0.70%) and Keppel Corp (-0.75%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+0.88%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+1.61%) and Thai Beverage (+0.92%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -0.68% with Midas Holdings’ share price remaining unchanged and Geo Energy Resources’ share price gaining +1.59%.The FTSE ST Basic Materials Index declined -0.68%. The FTSE ST Financials Index declined -0.60%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.22%), DBXT AUD SSA Bonds ETF (+1.49%), IS MSCI India (+0.87%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.31%), CapitaCommercial Trust (-2.39%), CapitaMall Trust (-2.08%).
The most active index warrants by value today were HSI22000MBeCW140227 (+9.78%), HSI21600MBePW140227 (-16.18%), HSI22400MBePW140227 (-10.45%).
The most active stock warrants by value today were UOB MB eCW140701 (-9.66%), DBS MB eCW140502 (-6.38%), KepCorp MBeCW140701 (-8.41%).
Singapore Stock Market
*ST Index 3,047.93 -14.48 3,062.41 +19.98
Volume: 1,931.4M 2,088.6M
Value: $1,051.5M $1,169.7M
Gainers/Losers: 168/236 183/214
Daily Market Commentary (Securities)
29 Jan 2014
The FBM KLCI index gained 7.98 points or 0.45% on Wednesday. The Finance Index increased 0.63% to 16389.64 points, the Properties Index up 0.57% to 1249.64 points and the Plantation Index rose 0.18% to 8377.7 points. The market traded within a range of 13.92 points between an intra-day high of 1794.13 and a low of 1780.21 during the session.
Actively traded stocks include KNM, GPACKET, TIGER-WB, KBB-WA, ASIAPAC, TIGER, KNM-WA, SILKHLD, SONA-WA and XDL. Trading volume increased to 1403.57 mil shares worth RM1741.07 mil as compared to Tuesday’s 1362.73 mil shares worth RM1863.80 mil.
Leading Movers were PBBANK (+14 sen to RM19.12), CIMB (+7 sen to RM6.91), TENAGA (+8 sen to RM11.24), SKPETRO (+7 sen to RM4.38) and MISC (+12 sen to RM5.87). Lagging Movers were AXIATA (-2 sen to RM6.54), IOICORP (-2 sen to RM4.15), KLK (-12 sen to RM23.38), ASTRO (-1 sen to RM2.94) and HLBANK (-2 sen to RM14.18). Market breadth was positive with 494 gainers as compared to 222 losers.
The KLCI extended yesterday’s rebound to close 7.98 points higher at 1789.23, amid the positive overnight performance in Wall Street and most of our regional markets. The positive performance of our benchmark index was underpinned by gains in blue chip counters, led by Public and CIMB.
Date As of: 29 January 2014
Description Volume Value Frequency
ETF 3,600 2,059,800 32
Stock 4,102,984,392 5,456,196,841,669 196,342
Right 00 00 00
Warrant 147,219,300 10,758,753,200 2,036
Total 4,250,207,292 5,466,957,654,669 198,410
As of 29 January 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,250.58 2,013.33 237.25
Proprietary 2,668.91 3,071.76 -402.85
Foreign 9,122.14 9,721.26 -599.12
Individual 10,965.24 10,200.53 764.71
Total Trading Value 25,006.88 M.Baht
Vietnam is closed for a second day on Wednesday for the country's Lunar New Year festival. Trade will resume on Thursday, Feb. 6
Indonesian shares jumped almost 2 percent while Malaysia and the Philippines also eked out gains on Wednesday as Turkey's huge increase in interest rates bolstered sentiment across Asia but Thai stocks retreated, wary of risks ahead of Sunday's poll.
Jakarta's Composite Index finished at 4,417.35 as foreign investors returned to the battered market and large caps such as Bank Mandiri and Telkom Indonesia recouped some of their recent losses.
The Indonesian bourse recorded net foreign buying of 245 billion rupiah ($20.10 million) on Wednesday, its first in four sessions.
Malaysia's main index was up 0.45 percent, the Philippines' main index gained 0.8 percent while MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 percent.
Thai shares pared earlier gains, ending a tad lower at 1,271.42 amid active selling in shares of Siam Commercial Bank and Bangkok Bank .
Players remained on the sidelines, with the market's trading volume falling to 0.7 times of its full day average over the past 30 sessions, as the Thai government pushed ahead with a general election on Sunday despite warnings it could end in violence.
Foreign investors sold shares worth a net 599 million baht ($18.21 million), adding to their net redemption of $205 million over the past three sessions.
Singapore underperformed peers, down 0.5 percent as investors trimmed positions ahead of the Lunar New Year holidays.
Singapore, Indonesia and the Philippines will be closed on Friday for a Lunar New Year holiday, while Malaysia will remain shut on Thursday and Friday.
Vietnam was closed for a second day on Wednesday for the country's Lunar New Year festival. Trading will resume on Thursday, Feb. 6.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 378.78 377.35 +0.38
Singapore 3047.93 3062.41 -0.47
Kuala Lumpur 1789.23 1781.25 +0.45
Bangkok 1271.42 1271.29 -0.03
Jakarta 4417.35 4341.65 +1.74
Manila 6069.84 6022.81 +0.78