ASEAN KEY DESTINATIONS
29 January 2015
The Straits Times Index (STI) ended -0.10 points lower or unchanged to 3419.05, taking the year-to-date performance to +1.60%.
The FTSE ST Mid Cap Index declined -0.77% while the FTSE ST Small Cap Index declined -0.27%. The top active stocks were Keppel Corp (+1.91%), DBS (-0.30%), SingTel (+0.49%), Keppel Land (unchanged) and UOB (-0.13%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.20%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+3.03%) and Geo Energy Resources (+2.38%). The underperforming sector was the FTSE ST Real Estate Investment Trusts Index, which declined -0.92% with CapitaMall Trust’s share price declining -1.86% and Ascendas REIT’s share price gaining +0.40%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.25%), LYXOR ETF MSCI India (-0.33%), SPDR Gold Shares (-0.62%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-1.86%), Suntec REIT (-2.29%), CapitaCom Trust (-3.78%).
The most active index warrants by value today were HSI25000MBeCW150330 (-14.67%), HSI23800MBePW150330 (+18.68%), HSI24400MBePW150330 (+17.19%).
The most active stock warrants by value today were KepCorp MBeCW150701 (+5.84%), DBS MB eCW150602 (-5.32%), KepCorp MBeCW150602 (+6.85%).
Singapore Stock Market
*ST Index 3,419.05 -0.1 3,419.15 +6.95
Volume: 1,249.8M 1,378.2M
Value: $1,187.3M $1,228.5M
Gainers/Losers: 196/265 233/177
Daily Market Commentary (Securities)
29 Jan 2015
The FBM KLCI index lost 13.70 points or 0.76% on Thursday. The Finance Index fell 0.72% to 15403.45 points, the Properties Index dropped 0.60% to 1297.25 points and the Plantation Index down 0.74% to 7990.83 points. The market traded within a range of 15.65 points between an intra-day high of 1794.82 and a low of 1779.17 during the session.
Actively traded stocks include GLOTEC, HUBLINE, TMS, SANICHI, TAKASO, IRIS, JOBST, KTB, ASIABIO and SUMATEC. Trading volume increased to 1886.51 mil shares worth RM2229.51 mil as compared to Wednesday’s 1044.16 mil shares worth RM956.13 mil.
Leading Movers were YTL (+5 sen to RM1.76), GENTING (+11 sen to RM8.94), AXIATA (+8 sen to RM7.22), PETDAG (+12 sen to RM17.72) and RHBCAP (+4 sen to RM7.85). Lagging Movers were AMMB (-27 sen to RM6.30), HLFG (-66 sen to RM16.50), PETCHEM (-19 sen to RM5.13), GENM (-14 sen to RM3.96) and FGV (-7 sen to RM2.44). Market breadth was negative with 262 gainers as compared to 581 losers.
The KLCI tumbled 13.70 points to 1,782.18, weighed down by selling in heavyweight counters such as banking counters, Petronas and Tenaga. Investors’ sentiment was cautious on overnight sell-off in Wall Street and drop in crude oil price after U.S. oil traded near an almost six-year low.
Date As of: 29 January 2015
Description Volume Value Frequency
Total 10,033,282,374 5,493,794,656,646 194,610
ETF 21,900 10,277,200 219
Stock 9,996,396,874 5,483,612,268,446 194,097
Warrant 36,863,600 10,172,111,000 294
As of 29 January 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,002.35 4,803.06 -800.71
Proprietary 5,028.38 3,972.93 1,055.45
Foreign 9,398.11 8,643.61 754.50
Individual 35,324.47 36,333.71 -1,009.25
Total Trading Value 53,753.32 M.Baht
Vietnam index down 0.1 pct, Vinamilk's gain limits fall
Vietnam's benchmark VN Index ticked down 0.08 percent by the close on Thursday, with gains in dairy products maker Vinamilk <VNM.HM> cancelling falls in most other shares ahead of a central bank ruling on loans for stock investments.
Vinamilk, Vietnam's second biggest listed firm by market value, jumped 3.96 percent to close at 105,000 dong ($4.9), a level unseen since Nov. 4. Most other big-caps lost ground, but marginally and in moderate volume.
Sentiment was cautious amid lack of supportive news, and ahead of the implementation of a central bank circular that will cap banks' loans to customers who use the money to invest in stocks at 5 percent of a bank's registered capital, analysts said.
PetroVietNam Gas , the country's top firm by market value, led the decliners with a 1.27 percent fall, while Hanoi-based lender Vietcombank fell 1.34 percent.
Here is a snapshot of the VN Index at the close
VN Index 583.28
PREV. CLOSE 583.76
% CHANGE -0.08%
SE Asia Stocks -Philippine off record high, Malaysia falls for 2nd day
Southeast Asian stock markets fell on Thursday, with the Philippine benchmark ending off an all-time high and the Malaysian index declining for a second straight day, as investors cut exposures to energy shares with oil prices near six-year lows.
The Philippine main index closed down 0.6 percent after rising to a record high of 7,736.97 earlier in the session following better-than-expected fourth-quarter GDP growth.
The fourth-quarter GDP grew a seasonally adjusted 2.5 percent over the prior three months and an annual 6.9 percent, beating economists' forecasts. Growth for the full-year came in at 6.1 percent.
"Strong momentum implied by upbeat 4Q14 GDP and ensuing upgrade in GDP's trajectory bode well for risk asset markets," Citi Research said in a report.
It upgraded 2015 growth outlook to 6.7 percent from 6.3 percent.
Among losers, Petron Corp dropped 3.5 percent and Energy Development Corp slipped 2.4 percent amid foreign-led selling, the Philippine bourse said in a report.
The Malaysian index was down 0.8 percent after the 0.4 percent loss on Wednesday, with Tenaga Nasional and Sapurakencana Petroleum among actively traded stocks.
Sentiment in the region was broadly weak in line with Asia after the U.S. Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3419.05 3419.15 0.00
Kuala Lumpur 1782.18 1795.88 -0.76
Bangkok 1586.40 1592.81 -0.40
Jakarta 5262.72 5268.85 -0.12
Manila 7617.30 7661.18 -0.57
Ho Chi Minh 583.28 583.76 -0.08