ASEAN KEY DESTINATIONS
2 January 2014
The Straits Times Index (STI) ended 7.22 points higher or +0.23% to 3,174.65, taking the year-to-date performance to +0.31%.
The FTSE ST Mid Cap Index gained +0.26% while the FTSE ST Small Cap Index gained +0.64%. The top active stocks were HanKore (+8.33%), GSH Corporation (+7.41%), DBS (unchanged), SIIC Environment (+3.83%) and SingTel (unchanged).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+3.21%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+4.42%) and Hyflux (-0.43%). The underperforming sector was the FTSE ST Consumer Goods Index, which declined -0.26% with Wilmar International’s share price declining -0.88% and Thai Beverage’s share price remaining unchanged. The FTSE ST Basic Materials Index gained +0.46% and the FTSE ST Financials Index gained +0.14%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+2.06%), IS MSCI India (+0.34%) and DBXT S&P500 ETF (+0.13%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.91%), CapitaMall Trust (-0.26%) and Suntec REIT (+0.33%).
The most active index warrants by value today were HSI23200MBeCW140129 (-10.00%), HSI23600MBeCW140227 (-6.78%) and HSI23600MBePW140129 (-1.65%).
The most active stock warrants by value today were DBS MB eCW140502 (-2.61%), UOB MB eCW140303 (+2.21%) and KepCorp MBeCW140203 (-1.47%).
Singapore Stock Market
*ST Index 3,174.65 +7.22 3,167.43 +14.14
Volume: 4,331.3M 2,950.1M
Value: $847.3M $1,219.4M
Gainers/Losers: 280/160 206/163
Daily Market Commentary (Securities)
2 Jan 2014
The FBM KLCI index lost 17.72 points or 0.95% on Thursday. The Finance Index fell 0.41% to 16886.74 points, the Properties Index dropped 0.15% to 1291.36 points and the Plantation Index down 1.20% to 8838.36 points. The market traded within a range of 19.46 points between an intra-day high of 1868.29 and a low of 1848.83 during the session.
Actively traded stocks include COMPUGT, UTOPIA, GLOTEC, TMS, HUBLINE, LUSTER, MBSB, MINETEC, PJDEV-WC and ASIAPAC. Trading volume decreased to 1245.83 mil shares worth RM1351.08 mil as compared to Tuesday’s 1499.40 mil shares worth RM1672.76 mil.
Leading Movers were UMW (+34 sen to RM12.40), PPB (+12 sen to RM16.26), RHBCAP (+9 sen to RM7.99), AMMB (+8 sen to RM7.32) and FGV (+6 sen to RM4.55). Lagging Movers were KLK (-58 sen to RM24.32), PETGAS (-46 sen to RM23.82), PETDAG (-46 sen to RM30.98), PBBANK (-32 sen to RM19.08) and TENAGA (-20 sen to RM11.18). Market breadth was negative with 347 gainers as compared to 406 losers.
The KLCI started 2014 on a weaker note, closed sharply lower at 1852.95 points as investors were taking profit following the KLCI scaled new highs on Monday. Investors’ sentiment was hurt by the disappointed Chinese economic data as China final HSBC factory PMI fell to three-month low in December.
Date As of: 02 January 2014 Time 16:00:00
Description Volume Value Frequency
ETF 4,500 3,261,000 09
Stock 3,276,271,115 3,341,497,754,039 112,071
Right 2,324,285 2,324,285 03
Warrant 27,740,000 2,309,102,000 727
Total 3,306,339,900 3,343,812,441,324 112,810
As of 2 January 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,106.89 5,766.00 -3,659.11
Proprietary 3,328.03 4,258.72 -930.69
Foreign 9,793.80 9,669.21 124.59
Individual 18,285.02 13,819.82 4,465.20
Total Trading Value 33,513.75 M.Baht
Vietnam's benchmark VN Index closed nearly unchanged on Thursday as investors cut loss and took profit from stocks, but the volume hit the lowest in two months.
A total of 57.72 million shares changed hands on Thursday, the lowest since Nov. 1, 2013, Reuters data showed. The low volume indicated investors' lack of interest in the stock market at the moment, analysts said.
Investors took profit from shares that gained strongly on the previous day, including Refrigeration Electrical Engineering Group and Sai Gon Securities Incorp , said deputy manager Nguyen Tuan at An Binh Securities.
SSI rose 3.4 percent and REE climbed 2.1 percent on Tuesday, and they closed flat on Thursday after rising earlier in the morning session, Reuters data showed.
Investors also cut losses from other stocks, including those of food producer Ma San Group and property firm HAGL , after they fell over the past week, Tuan said.
Money inflow would not rise in the short term, keeping the index lingering between 500-513 points in coming weeks, analysts said.
The VN Index this year could rise 15 percent from 2013, based on the economy's stability and good development outlook, Chairman Luu Trung Thai of the Military Bank Securities Co was quoted by the Securities Investment magazine as saying.
In 2013 Vietnam's market was the best performer in Southeast Asia, with a gain of nearly 22
Here is a snapshot of the VN Index at the close
VN Index 504.51
PREV. CLOSE 504.63
% CHANGE -0.02%
Thai stocks suffered their biggest loss since September 2011 on Thursday as escalating domestic protests against Feb. 2 election triggered heavy sell-offs in large caps while Philippine stocks rallied on their first trading day of 2014 due to fund inflows.
Thai SET index closed down 5.2 percent at 1,230.77, the lowest close since August 2012, with market players loading off shares after the benchmark sliding below key technical support of 1,260.
Among bottom performers, shares of airport operator Airports of Thailand Pcl shed 7.6 percent, while shares of Siam Commercial Bank Pcl dropped 8.4 percent.
Technical indicators pointed to a further slide in the main index to 1,200 level, with market concerns remaining over the ongoing political problems, said Teerasak Tanavarakul, an analyst at CIMB Securities.
Anti-government protesters have planned a mass rally to shut down Bangkok from Jan. 13, calling for national reform to precede the election while security agencies were considering declaring a state of emergency to deal with the protest. Thai baht lost for a 10th straight day against the dollar.
Philippine index climbed 1.6 percent to 5,984.26, the highest close since Dec. 9, led by a 7.4 percent jump in shares of First Gen Corp.
The Philippine bourse reported a net foreign buying of 395.7 million peso ($8.9 million).
Other markets ended mixed, with profit booking weighing on Malaysia and Vietnam , the region's outperformers last year.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 383.50 388.37 -1.25
Singapore 3174.65 3167.43 +0.23
Kuala Lumpur 1852.95 1866.96 -0.75
Bangkok 1230.77 1298.71 -5.23
Jakarta 4327.27 4274.18 +1.24
Manila 5984.26 5889.83 +1.60
Ho Chi Minh 504.51 504.63 -0.02