ASEAN KEY DESTINATIONS
17 July 2014
The Straits Times Index (STI) ended +2.46 points higher or +0.07% to 3306.89, taking the year-to-date performance to +4.49%.
The FTSE ST Mid Cap Index declined -0.09% while the FTSE ST Small Cap Index gained +0.18%. The top active stocks were UOB (-1.96%), DBS (+0.76%), SingTel (+0.76%), Ezion (+1.95%) and Noble (+1.07%).
The outperforming sectors today were represented by the FTSE ST Telecommunications Index (+0.75%). The two biggest stocks of the FTSE ST Telecommunications Index are SingTel (+0.76%) and StarHub (+0.49%). The underperforming sector was the FTSE ST Health Care Index, which declined -0.76% with Raffles Medical Group ’s share price declining -0.51% and Biosensors International Group ’s share price declining -1.68%. The FTSE ST Consumer Services Index gained +0.12%. The FTSE ST Real Estate Index remain unchanged. The FTSE ST Utilities Index gained +0.75%.
The three most active Exchange Traded Funds (ETFs) by value today were the Lyxor ETF Asia EX (+0.20%), IS MSCI India (+0.41%), United FT/Xinhua China A50 ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (-0.89%), CapitaMall Trust (-0.25%), Suntec REIT (unchanged).
The most active index warrants by value today were HSI23600MBePW140828 (-0.92%), HSI23800MBeCW140828 (-2.67%), HSI23000MBePW140828 (+1.49%).
The most active stock warrants by value today were KepCorp MBeCW141201 (-2.52%), UOB MB eCW141203 (-18.75%), DBS MB eCW140901 (+11.59%).
Singapore Stock Market
*ST Index 3,306.89 +2.46 3,304.43 +13.01
Volume: 2,333.6M 1,694.4M
Value: $952.8M $851.2M
Gainers/Losers: 207/209 220/189
Daily Market Commentary (Securities)
17 Jul 2014
The FBM KLCI index lost 3.57 points or 0.19% on Thursday. The Finance Index fell 0.07% to 17559.02 points, the Properties Index up 0.23% to 1486.5 points and the Plantation Index down 0.41% to 9045.87 points. The market traded within a range of 8.31 points between an intra-day high of 1888.15 and a low of 1879.84 during the session.
Actively traded stocks include SUMATEC, TMAKMUR, SUMATEC-WB, AAX, ECONBHD, SONA-WA, SUMATEC-WA, LUSTER, KNM-WA and ASUPREM. Trading volume decreased to 2122.03 mil shares worth RM2215.21 mil as compared to Wednesday’s 2409.48 mil shares worth RM2631.17 mil.
Leading Movers were BAT (+190 sen to RM70.00), PETDAG (+18 sen to RM21.12), HLFG (+14 sen to RM17.72), FGV (+2 sen to RM4.11) and MISC (+3 sen to RM6.72). Lagging Movers were ASTRO (-9 sen to RM3.26), TENAGA (-16 sen to RM12.30), PPB (-18 sen to RM14.52), IOICORP (-3 sen to RM5.00) and DIGI (-3 sen to RM5.60). Market breadth was positive with 416 gainers as compared to 411 losers.
The trading day ended with the KLCI closing in the red at 1883.14 (-3.57) points. Performance at the local bourse was volatile throughout the day as investors seek to lock in profits from the index’s earlier gains, driven by better than expected U.S. corporate earnings and economic data. Regionally, Asian markets performed well, as Wall Street closed on yet another record high, while the Euro reached recent lows against the dollar amid speculation that the Federal Reserve is leaning towards tighter monetary policy, as its economy recovers.
Date As of: 17 July 2014
Description Volume Value Frequency
ETF 95,500 51,128,100 611
Stock 6,458,041,601 5,902,914,824,762 244,712
Right 555,823,500 1,298,843,900 484
Warrant 101,889,300 7,052,468,400 3,392
Total 7,115,849,901 5,911,317,265,162 249,199
TFEX to end silver futures from night session of July 31, 2014
Bangkok, July 17, 2014 - Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, has received an approval from the Securities and Exchange Commission, allowing the exchange to remove silver futures from its trading board, effective from the night session of July 31, 2014. Trading of silver futures will remain operating until the end of afternoon session of that date.
Silver futures is a derivatives contract tracking London silver fixing. It will be terminated after London Silver Market Fixing Limited announced to cease to administer London silver fixing and a daily silver fixing price. As such, the termination will impact directly on silver futures trading on TFEX and calculating the final settlement price of the futures based on the London Silver Fixing.
As of 17 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,053.01 6,040.86 -1,987.85
Proprietary 4,790.64 4,076.61 714.03
Foreign 18,547.41 16,681.68 1,865.73
Individual 29,885.84 30,477.75 -591.91
Total Trading Value 57,276.90 M.Baht
Vietnam index rises 0.12 pct to 1-wk closing high; large caps lead
Vietnam's benchmark VN Index closed 0.12 percent higher at 590.37 on Thursday, its highest since July 9, lifted by gains in some large caps.
PetroVietNam Gas , Vietnam's largest listed firm by market capitalisation, rose 0.92 percent, while steel producer Hoa Phat Group advanced 0.87 percent.
Mobile World Investment Corp climbed 6.99 percent to 99,500 dong ($4.70), almost double its starting price on July 14.
"Technical indicators showed further gains in the market, though in a tight range and slow pace due to a lack of supportive macroeconomics news," said analyst Do Quang Hop from Saigon-Hanoi Securities.
Here is a snapshot of the VN Index at the close
VN Index 590.37
PREV. CLOSE 589.68
% CHANGE 0.12%
SE Asia Stocks-Indonesia retreats but inflows continue
Indonesian shares ended two days of gains on Thursday as local investors led selling in rallying shares such as Semen Indonesia and Bank
Tabungan Negara , but steady inflows since last week's elections reflected a broader positive sentiment.
The vote count so far suggests Jakarta's populist governor Joko "Jokowi" Widodo is leading in the presidential election while the official result is due out on July 22.
Jakarta's benchmark composite index fell 0.8 percent, reversing from Wednesday's rise to the highest in more than 13 months.
Foreign investors bought shares for a sixth consecutive day on Thursday, with net purchases worth 530.2 billion rupiah ($45.4 million), taking their net buying in six days to 9.18 trillion rupiah ($786 million), Thomson Reuters data showed.
The market had seen a drop in foreign inflows in June and early July, before the elections.
The Thai SET index hit the highest close in more than 13 months as foreign inflows continued for a seventh straight session. Shares of Kasikornbank and Bangkok Bank remained unchanged ahead of their quarterly results.
After market close, Kasikornbank posted April-June net profit of 11.7 billion baht, close to expectations, while Bangkok Bank reported net profit of 9.03 billion baht for the quarter, slightly higher than expected.
Other Southeast Asian stock markets were little changed, in line with broader Asia .
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 440.86 440.84 +0.01
Singapore 3306.89 3304.43 +0.07
Kuala Lumpur 1883.14 1886.71 -0.19
Bangkok 1535.66 1530.42 +0.34
Jakarta 5071.20 5113.93 -0.84
Manila 6867.36 6834.04 +0.49
Ho Chi Minh 590.37 589.68 +0.12