ASEAN KEY DESTINATIONS
18 July 2014
The Straits Times Index (STI) ended +3.64 points higher or +0.11% to 3310.53, taking the year-to-date performance to +4.60%.
The FTSE ST Mid Cap Index gained +0.11% while the FTSE ST Small Cap Index declined -0.27%. The top active stocks were CapitaCommercial Trust (+2.70%), DBS (+0.58%), SingTel (-0.76%), JMH 400 USD (-0.60%) and Ezion (+0.48%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.09%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+0.44%) and STATS ChipPAC (+3.33%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.68% with SingTel ’s share price declining -0.76% and StarHub ’s share price remaining unchanged. The FTSE ST Consumer Services Index declined -0.19%. The FTSE ST Real Estate Index gained +0.31%. The FTSE ST Utilities Index declined -0.68%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.55%), DBXT MSCI Indonesia ETF (+1.89%), SPDR Straits Times Index ETF (+0.30%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+2.70%), Ascendas REIT (+0.87%), CapitaMall Trust (+0.25%).
The most active index warrants by value today were HSI23200MBeCW140828 (-7.69%), HSI23000MBePW140828 (+1.47%), HSI23600MBePW140828 (+7.41%).
The most active stock warrants by value today were KepCorp MBeCW141201 (+3.45%), UOB MB eCW140901 (+7.69%), DBS MB eCW140901 (+9.09%).
Singapore Stock Market
*ST Index 3,310.53 +3.64 3,306.89 +2.46
Volume: 1,500.7M 2,333.6M
Value: $818.5M $952.8M
Gainers/Losers: 191/207 207/209
Daily Market Commentary (Securities)
18 Jul 2014
The FBM KLCI index lost 10.17 points or 0.54% on Friday. The Finance Index fell 0.61% to 17451.85 points, the Properties Index dropped 0.40% to 1480.51 points and the Plantation Index down 0.37% to 9012.83 points. The market traded within a range of 5.94 points between an intra-day high of 1877.34 and a low of 1871.40 during the session.
Actively traded stocks include MAS, SUMATEC, SUMATEC-WB, SONA-WA, TALAMT, SUMATEC-WA, HUBLINE, SONA, MINETEC and ECONBHD. Trading volume increased to 2389.15 mil shares worth RM2182.49 mil as compared to Thursday’s 2122.03 mil shares worth RM2215.21 mil.
Leading Movers were IHH (+1 sen to RM4.77) and IOICORP (+1 sen to RM5.01). Lagging Movers were BAT (-170 sen to RM68.30), PETDAG (-40 sen to RM20.72), YTL (-3 sen to RM1.56), MISC (-11 sen to RM6.61) and FGV (-6 sen to RM4.05). Market breadth was negative with 303 gainers as compared to 550 losers.
The final trading day of the week saw the KLCI close in the red at 1872.97 (-10.17) points. Losses at the local bourse, was attributed to a knock on effect by broad sell offs spreading from the U.S. and European markets to Asia, triggered by the tragedy of Malaysian Airlines MH17. Investor sentiments looked bleak as investors move towards the safety of traditional asset havens, like bonds and gold. Regionally, Asian markets also fell, reacting to the plane crash in Ukraine, a ground offensive in Gaza and additional Russian sanctions, as fears of a bigger crisis at hand looms.
Date As of: 18 July 2014
Description Volume Value Frequency
Total 5,807,813,818 5,035,271,752,114 175,464
ETF 17,800 13,266,200 141
Stock 5,369,392,052 5,032,342,467,468 173,557
Right 411,910,800 413,207,200 46
Warrant 26,493,166 2,502,811,246 1,720
As of 18 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,557.01 9,593.35 -4,036.34
Proprietary 6,501.10 5,777.63 723.47
Foreign 8,171.90 7,374.96 796.94
Individual 44,737.28 42,221.34 2,515.93
Total Trading Value 64,967.28 M.Baht
Vietnam index hits 3-mth high, FPT soars on buyout talk
Vietnam's benchmark VN Index rose 1 percent on Friday to 596.26 points, the highest close since April 11, with technology firm FPT gaining on speculation of a buyout by a company in Silicon Valley, analysts said.
FPT shares jumped 6.28 percent to close at 52,500 dong ($2.48), the highest since May 6, with volume hitting a five-year high of 3.26 million shares, Reuters data showed.
The rumour was carried on several websites locally and could not be immediately verified. A total buyout of a domestic listed firm by an overseas company is not permitted in Vietnam, where foreign stakes are capped at 49 percent.
Other blue chips also advanced, including dairy product maker Vinamilk , which gained 3.1 percent. Property firm Vingroup rose 1.45 percent.
Volume was solid at 144 million shares, well above the five-day average of 117 million, according to Reuters data.
Here is a snapshot of the VN Index at the close
VN Index 596.26
PREV. CLOSE 590.37
% CHANGE 1.00%
SE Asia Stocks-Thai shares fall on telecoms sell-off
Thai shares fell on Friday, led lower by telecoms stocks due to concerns over the impact of a delay in the auction of mobile phone bandwidth licences, while Indonesian shares posted modest gains ahead of presidential election results next week.
Shares of Thailand's top three telecoms firms faced heavy sell-offs, with the biggest, Advanced Info Service , losing nearly 5 percent after the military government postponed by a year an auction of fourth generation mobile phone bandwidth.
The benchmark SET index finished down 0.2 percent, trimming its gain on the week to about 1 percent.
Jakarta's composite index was up 0.3 percent on the day, extending its gain for a third week, adding 1.1 percent.
Indonesia's Election Commission is due to announce the election result on July 22, while Jakarta's populist Governor Joko "Jokowi" Widodo is expected to win.
Southeast Asian stock markets posted a mixed performance on the week, with Singapore extending gains for a third week, up 0.5 percent, and Vietnam posting a weekly gain of 2.3 percent after a loss in the previous week.
Stocks in the Philippines and Malaysia fell for a second week, down 0.7 percent and 0.5 percent, respectively.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 440.95 440.90 +0.01
Singapore 3310.53 3306.89 +0.11
Kuala Lumpur 1872.97 1883.14 -0.54
Bangkok 1533.41 1535.66 -0.15
Jakarta 5087.01 5071.20 +0.31
Manila 6853.07 6867.36 -0.21
Ho Chi Minh 596.26 590.37 +1.00