ASEAN KEY DESTINATIONS
16 July 2014
The Straits Times Index (STI) ended +13.01 points higher or +0.40% to 3304.43, taking the year-to-date performance to +4.41%.
The FTSE ST Mid Cap Index gained +0.39% while the FTSE ST Small Cap Index gained +0.06%. The top active stocks were UOB (+0.76%), SingTel (+0.77%), Global Logistic (+1.48%), DBS (+0.18%) and Biosensors (+3.47%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.67%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+0.52%) and Biosensors International Group (+3.47%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.42% with United Envirotech ’s share price declining -0.35% and Hyflux ’s share price declining -0.42%. The FTSE ST Consumer Services Index gained +0.17%. The FTSE ST Real Estate Index gained +0.42%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.84%), DBXT MSCI Indonesia ETF (+1.14%), SPDR Gold Shares (-0.88%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+0.30%), CapitaMall Trust (+0.76%), Ascendas REIT (-0.43%).
The most active index warrants by value today were HSI23800MBeCW140828 (+10.29%), HSI23600MBePW140828 (-6.03%), HSI23200MBeCW140828 (+7.14%).
The most active stock warrants by value today were UOB MB eCW141203 (+3.60%), UOB MB ePW141104 (-7.41%), KepCorp MBeCW141201 (-2.46%).
Singapore Stock Market
*ST Index 3,304.43 +13.01 3,291.42 +0.44
Volume: 1,694.4M 1,416.9M
Value: $851.2M $915.9M
Gainers/Losers: 220/189 198/222
Daily Market Commentary (Securities)
16 Jul 2014
The FBM KLCI index gained 1.84 points or 0.10% on Wednesday. The Finance Index increased 0.41% to 17571.29 points, the Properties Index up 0.91% to 1483.09 points and the Plantation Index down 0.05% to 9083.53 points. The market traded within a range of 12.50 points between an intra-day high of 1895.02 and a low of 1882.52 during the session.
Actively traded stocks include SUMATEC, MAS, IRIS, TALAMT, FRONTKN, FRONTKN-WA, SUMATEC-WB, TMCLIFE-WA, IRIS-WB and HUBLINE. Trading volume increased to 2409.48 mil shares worth RM2631.17 mil as compared to Monday’s 2223.20 mil shares worth RM1976.52 mil.
Leading Movers were HLFG (+70 sen to RM17.58), YTL (+3 sen to RM1.59), RHBCAP (+11 sen to RM9.23), MISC (+7 sen to RM6.69) and MAXIS (+6 sen to RM6.76). Lagging Movers were FGV (-6 sen to RM4.09), DIGI (-8 sen to RM5.63), PPB (-20 sen to RM14.70), TM (-5 sen to RM6.29) and CIMB (-5 sen to RM7.00). Market breadth was positive with 543 gainers as compared to 350 losers.
The KLCI closed in the black at 1886.71 (+1.84) points, by the end of the trading day. The flattish performance at the local bourse was driven by the continuing profit taking of investors after Federal Reserve raised the concerns about the valuations on small-cap and high-flying names. Regionally, Asian markets remained flat, even as China reported better than expected economic growth, as investors brace themselves for upcoming U.S. corporate earnings and the Federal Reserve’s Beige book report.
Jakarta Stock Exchange
Top Gainer Price % Change
RBMS Ristia Bintang Ma... 94 +11.9%
TBMS Tembaga Mulia Sem... 12,500 +11.61%
AGRO Bank Rakyat Indon... 103 +9.57%
OKAS Ancora Indonesia 140 +6.87%
SMCB Holcim Indonesia 3,065 +6.79%
KOIN Kokoh Inti Arebam... 437 +6.59%
KIJA Kawasan Industri 262 +6.07%
As of 16 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,949.22 4,669.95 -720.73
Proprietary 3,823.17 3,468.49 354.68
Foreign 10,824.78 9,508.36 1,316.41
Individual 24,592.50 25,542.86 -950.36
Total Trading Value 43,189.66 M.Baht
Vietnam index nearly flat, profit taking erases early gains
Vietnam's benchmark VN Index was almost unchanged on Wednesday, closing up 0.06 percent as profit taking in the afternoon session erased earlier
gains after China has relocated its oil rig.
Vietnam's stock market earlier on Wednesday reacted positively to the news that China was relocating its oil rig from the disputed waters with Vietnam, a move that could reduce ongoing tensions between the two countries.
The VN Index hit 594.29 points in early trade, the highest intra-day level since July 7, before easing to close at 589.68 points due to profit taking.
"The market is still in an upward trend, but profit taking and net selling from foreign investors have kept the index from strong gains," said analyst Hoang Huy of ACB Securities.
Food producer Masan Group rose 1.1 percent, while PetroVietNam Gas <GAS.HM> , Vietnam's largest listed firm, ended down 0.91 percent.
Here is a snapshot of the VN Index at the close
VN Index 589.68
PREV. CLOSE 589.31
% CHANGE 0.06%
SE Asia Stocks-Indonesia shares hit 13-mth closing high on Jokowi hopes
All Southeast Asian stock markets gained on Wednesday, helped by better-than-expected economic growth in China, while Indonesian shares rose to a more than 13-month closing high on hopes Joko "Jokowi" Widodo would win the presidential election.
The Jakarta Composite Index ended 0.9 percent firmer at 5,113.93, its highest close since May 30, 2013. Indonesian shares saw foreign inflows of $31.78 million on Wednesday.
Analysts said news on the vote count was boosting sentiment as it continued to point toward Jokowi winning the election.
Gains were led by a 2.2 percent rise in Bank Central Asia . Optimism around a possible win for Jakarta Governor Jokowi, who is perceived as being market friendly, had sent stocks to an over-13-month high the day after the election.
On Tuesday, several members of Indonesia's second-largest political party said they were considering joining Jokowi's camp, which could lead to a friendlier parliament that would help push through a reform agenda.
The Thai stock index ended 0.4 percent firmer at its highest close since June 4, 2013 with $41.01 million in foreign inflows. Analysts expect further consolidation in Thai stocks.
Singapore shares were up 0.2 percent while Vietnam's benchmark VN Index closed 0.1 percent higher, surrendering early gains to late profit-taking.
Malaysia , which saw $73.17 million of foreign inflows, recovered from early losses to end 0.1 percent higher.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 440.82 439.07 +0.40
Singapore 3304.43 3291.42 +0.40
Kuala Lumpur 1886.71 1884.87 +0.10
Bangkok 1530.42 1524.53 +0.39
Jakarta 5113.93 5070.82 +0.85
Manila --- 6834.04 -
Ho Chi Minh 589.68 589.31 +0.06