ASEAN KEY DESTINATIONS
17 July 2013
The Straits Times Index (STI) ended -16.63 points lower or -0.52% lower to 3,208.33, taking the year-to-date performance to +1.30%.
The FTSE ST Mid Cap Index declined -0.33% while the FTSE ST Small Cap Index gained +0.13%.
The top active stocks were Innopac (-1.96%), SingTel (-1.56%), UOB (+0.76%), Ramba (+5.74%) and DBS (-0.24%).
The outperforming sectors today were represented by the FTSE ST Basic Materials which gained +1.02%.The two biggest stocks of the Basic Materials Index are Midas Holdings (+1.11%) and Geo Energy (+2.63%). The underperforming sector, FTSE ST Telecommunications declined -1.36% with Singapore Telecommunications declining -1.56% and StarHub declining -0.71%.The FTSE ST Health Care Index declined -0.33% and the FTSE ST Industrials Index declined -0.69%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India 100 (-0.84%), CIMB FT ASEAN 40 100 S$ (unchanged) and LYXOR ETF MSCI India 10 (+1.15%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendasreit (unchanged), CapitaMall (-1.24%) and CapitaComm (-1.33%).
The most active index warrants by value today were HSI21200MBeCW130829 (-0.86%), HSI20800UBePW130829 (-3.00%) and HSI21600MBePW130829 (-3.66%).
The most active stock warrants by value today were OCBC Bk MBeCW131101 (+10.64%), DBS MB eCW130910 (+1.80%) and HSBC UB eCW130916 (unchanged).
Singapore Stock Market
*ST Index 3,208.33 -16.63 3,224.96 -11.86
Volume: 3,184M 3,327.1M
Value: $1,199M $1,020.8M
Gainers/Losers: 199/216 217/204
Daily Market Commentary (Securities)
17 July 2013
The FBM KLCI index gained 2.27 points or 0.13% on Wednesday. The Finance Index increased 0.11% to 17142.06 points, the Properties Index up 0.09% to 1399.41 points and the Plantation Index down 0.19% to 8437.02 points. The market traded within a range of 5.01 points between an intra-day high of 1789.48 and a low of 1784.47 during the session.
Actively traded stocks include EASTLND, FLONIC, TDM, THHEAVY, ALAM, CLIQ-WA, TGOFFS, KBUNAI, THHEAVY-WA and MAS. Trading volume increased to 1593.37 mil shares worth RM2432.14 mil as compared to Tuesday’s 1402.76 mil shares worth RM1944.18 mil.
Leading Movers were BAT (+66 sen to RM60.64), TENAGA (+23 sen to RM8.85), MAXIS (+12 sen to RM6.92), MISC (+11 sen to RM5.60) and AMMB (+8 sen to RM7.87). Lagging Movers were UMW (-12 sen to RM14.46), RHBCAP (-11 sen to RM8.52), KLK (-10 sen to RM21.40), PETDAG (-8 sen to RM26.32) and TM (-7 sen to RM5.29). Market breadth was positive with 482 gainers as compared to 323 losers.
The FBM KLCI added 2.27 points to 1,788.66. The benchmark has been moving sideways for three straight days and trading volume remained thin as investors are still cautious about the global economic outlook. Major banks lifted the index with top lender CIMB up 0.36% while Public Bank climbed 0.2%.
Regionally, most Asian stocks rose ahead of Federal Reserve Chairman Bernake’s address to the U.S Congress this week. The continuous rally in US market has assuaged investors’ worries. Meanwhile, China’s stocks fell for the first time in three days, as investors are divided over whether the government can really prevent economic growth from slumping further in the second half with volatile trading today.
Trading summary As of 17 Jul 2013
Type Buy Sell Net
Institution 3,382.84 3,210.32 172.53
Proprietary 6,143.26 5,981.74 161.52
Foreign 7,887.95 7,067.82 820.13
Individual 18,349.29 19,503.47 -1,154.18
Total Trading Value 35,763.35 M.Baht
Date As of: 17 July 2013
Description Volume Value Frequency
ETF 28,500 14,433,500 15
Stock 4,528,153,281 5,501,117,622,345 157,700
Right 40,288,520 179,171,487 348
Warrant 285,461,903 13,995,357,635 3,277
Total 4,853,932,204 5,515,306,584,967 161,340
Vietnam's VN index closed up almost 0.3 percent on Wednesday with most investors reluctant to buy in anticipation of more liquidity in the market in the coming weeks, trader said.
PetroVietnam Fertilizer climbed 2.7 percent, extending its big gains from the morning session. Pharmaceutical firm DHG Pharma rose 1.6 percent, followed by dairy company Vinamilk <VNM.HM> and Eximbank, both up 0.7 percent.
"The index performance will improve dramatically after the second quarter earning reports are released in the coming days and there could be new positive macro economic news," said Nguyen Anh Tuan, a senior broker at FPT Securities.
VN Index 497.5
PREV. CLOSE 496.22
% CHANGE 0.26%
Most Southeast Asian stock markets ended firmer on Wednesday as investors waited for clarity on when the U.S. central bank will roll back its $85-billion-a-month bond buying programme.
Federal Reserve Chairman Ben Bernanke, who gives testimony to Congress later in the day, is expected to balance a message of enduring central bank support for the U.S. economy with a reminder that the Fed's ultra-easy policies cannot last forever.
Jakarta's Composite Index gained for a sixth straight session, adding 0.8 percent to hit a two-week closing high, led by a 3.6 percent rise in consumer-related stock Unilever Indonesia.
Thailand's main share index rose 0.5 percent to a two-week closing high helped by banks, while Malaysia's share index edged up 0.1 percent to a five-week high, with $17.46 million net foreign inflows.
Bucking the trend, Singapore's Straits Times index fell 0.5 percent to a one-week low and the Philippines stock index edged down 0.1 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 431.61 431.45 +0.04
Singapore 3208.33 3224.96 -0.52
Kuala Lumpur 1788.66 1786.39 +0.13
Bangkok 1458.08 1452.69 +0.46
Jakarta 4679.00 4644.04 +0.75
Manila 6574.72 6583.55 -0.13
Ho Chi Minh 497.50 496.22 +0.26
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