ASEAN KEY DESTINATIONS
21 July 2014
The Straits Times Index (STI) ended 3.74 points higher or +0.11% to 3314.27, taking the year-to-date performance to +4.72%.
The FTSE ST Mid Cap Index gained +0.39% and the FTSE ST Small Cap Index gained +0.33%. The top active stocks were DBS (+0.29%), UOB (+0.47%), CapitaLand (+0.92%), SingTel (unchanged), RH PetroGas (+4.61%).
The outperforming sector today was represented by the FTSE ST Basic Materials Index (+0.80%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.01% with SingTel’s share price remaining unchanged and StarHub’s share price declining -0.24%. The FTSE ST Consumer Services Index gained +0.05%. The FTSE ST Real Estate Index gained +0.20%. The FTSE ST Utilities Index gained +0.42%.
The three most active Exchange Traded Funds (ETFs) by value today were LYXOR ETF Asia EX (-0.20%), SPDR Gold Shares (+0.28%), SPDR STI ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (-0.29%), Suntec REIT (+0.27%), CapitaMall Trust (+0.25%).
The most active index warrants by value today were HSI23000MBePW140828 (+5.80%), HSI23800MBeCW140828 (-14.06%), HSI23600MBePW140828 (+4.31%).
The most active stock warrants by value today were KepCorp MBeCW141201 (-0.83%), UOB MB eCW141203 (+5.88%), DBS MB eCW140901 (unchanged).
Singapore Stock Market
*ST Index 3,314.27 +3.74 3,310.53 +3.64
Volume: 1,539.5M 1,500.7M
Value: $669.9M $818.5M
Gainers/Losers: 219/188 191/207
Daily Market Commentary (Securities)
21 Jul 2014
The FBM KLCI index lost 4.33 points or 0.23% on Monday. The Finance Index fell 0.05% to 17443.48 points, the Properties Index dropped 0.23% to 1477.09 points and the Plantation Index down 0.08% to 9005.89 points. The market traded within a range of 9.49 points between an intra-day high of 1876.83 and a low of 1867.34 during the session.
Actively traded stocks include SUMATEC, MAS, SONA, SONA-WA, THHEAVY, IFCAMSC-WA, IFCAMSC, IRETEX-LA, SUMATEC-WB and IJACOBS. Trading volume increased to 2404.38 mil shares worth RM2141.43 mil as compared to Friday’s 2389.15 mil shares worth RM2182.49 mil.
Leading Movers were ASTRO (+13 sen to RM3.37), GENM (+6 sen to RM4.26), UMW (+6 sen to RM11.66), PBBANK (+10 sen to RM20.12) and KLCC (+3 sen to RM6.40). Lagging Movers were PETDAG (-74 sen to RM19.98), MISC (-23 sen to RM6.38), HLFG (-56 sen to RM17.04), IHH (-10 sen to RM4.67) and PETGAS (-38 sen to RM23.40). Market breadth was negative with 400 gainers as compared to 451 losers.
The KLCI closed lower at 1868.64 points despite the surge of U.S. market on last Friday. Our local bourse remained clouded by the MH17 incident and the rising geopolitical tension in Ukraine.
Date As of: 21 July 2014
Description Volume Value Frequency
ETF 29,500 19,839,600 105
Stock 6,168,975,768 6,369,387,912,307 232,496
Right 23,422,010 26,749,810 70
Warrant 46,093,083 3,463,950,176 1,613
Total 6,238,520,361 6,372,898,451,893 234,284
Thai bourse announces promotion of four executives
BANGKOK, July 21, 2014 - The Stock Exchange of Thailand (SET) announces the promotion of four key executives to recognize their contributions to SETcollective success and synergize to drive SET's business expansion, initiating
excellent products and services for investors and stakeholders.
Effective August 1, Supakit Jirapraditkul will become Executive Vice President and Head of Market Supervision Division; Pataravasee Suvarnsorn is promoted to Senior Vice President Market Operations Service Group; Pannavadee Ladavalya Na Ayudhya is promoted to Senior Vice President and Group Head Communication &Administration; and Noppakao Sucharitakul is promoted to Senior Vice President and Group Head Customer & Channel.
SET President Kesara Manchusree said, "The executive promotion is part of our strategic plan to boost SET's competitive advantage and capabilities to achieve greater scale and efficiency over the next 3-5 years, while continuing to build and double potentiality of the Thai capital market in size and valuation. The promotion follows SET's succession plan, focusing on key aspects of human resources development."
In addition to this line up, Bordin Unakul, SET Executive Vice President -- Head of Corporate Services Division and Executive Director of Industry Development Center, will also oversee Market Operations Division in addition to his current responsibilities.
Supakit, currently Senior Vice President and Head of Market Supervision Division, in his new role will also oversee Legal Division. He has joined SET
for 36 years specializing in market supervision and market operations. His expertise and insights of internal working system and stakeholders are extremely valuable to SET and the Thai capital market.
Pataravasee, presently Vice President and Head of Post Trade Development Department, will move to Market Operations Service Group, while driving clearing and settlement services. She has been actively involved in SET's post trade service for 23 years.
Pannavadee, currently Vice President and Head of Listed Company Development Department, will expand her expertise to oversee corporate communications, procurement and customer relations, after her 13-year experience in SET's communications, marketing and listing departments.
Noppakao, presently Vice President and Head of Retail Investor Department, with her new responsibilities will further drive business across all markets, inclusive of retail, institutional, and foreign investors, as well as taking care of securities companies' services and marketing support development. She
has handled a wide range of marketing management at SET over the past 12 years.
As of 21 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,548.70 6,090.12 -541.41
Proprietary 4,457.94 4,005.97 451.97
Foreign 8,621.48 8,063.47 558.00
Individual 33,608.25 34,076.81 -468.56
Total Trading Value 52,236.37 M.Baht
Vietnam index ends up 0.8 pct, blue chips lead
Vietnam's benchmark VN Index closed up 0.8 percent on Monday to the highest level in since April 10, with several blue chips leading the rise but
investors traded in caution.
There were 155 shares falling and only 79 shares up out of the 302 stocks listed on the Ho Chi Minh Stock Exchange.
Dairy firm Vinamilk rose 4.51 percent to 139,000 dong ($6.56) per share, its highest close since April 25. The company announced late last Friday it will issue 1.67 trillion dong of new shares to boost finance.
Shares in PetroVietnam Gas, Vietnam's biggest listed firm, gained 2.73 percent to 113,000 dong each, its record high closing price since the company was listed in May 2012.
"Investors often trade in caution when the index hits the level at around 600 points," said analyst Vu Duy Khanh at Navibank Securities.
Here is a snapshot of the VN Index .VNI at the close
VN Index 601.04
PREV. CLOSE 596.26
% CHANGE 0.80%
SE Asia Stocks-Most gain; Jakarta near 14-mth high ahead of voting results
Most Southeast Asian stock markets rose on Monday on expectations of better earnings after upbeat U.S. corporate results helped boost sentiment in the region, while Indonesian shares ended near a 14-month high close ahead of the outcome of the presidential election.
The Jakarta Composite Index closed 0.8 percent firmer, its highest close since May 30, 2013. The gains were led by shares of real estates companies and banks.
Foreign investors sold $1.97 million in shares. But analysts said most of the foreigners were on the buying side ahead of the election results as local investors are shifting to deposits, which give a return of about 11 percent.
Analysts said the market sees Jakarta Governor Joko "Jokowi" Widodo, likely to be the next president, as a reform-minded candidate who would cut red tape, leading to better productivity and an improved business environment. The Elections Commission will announce the results of the vote on Tuesday.
Thai shares also finished at their highest close in more than a year, helped by $17.49 million foreign inflows on expectations of a pickup in economic growth, strong earnings from banks, and hopes of a temporary constitution before end-July.
Thailand's second-largest lender Krung Thai Bank Pcl reported a 15.7 percent rise in second-quarter net profit, falling short of forecasts despite increasing its loans business and non-interest income. Its shares fell 3 percent.
Bank of Ayudhya, which reported a 14 percent gain in June quarter profit, rose 0.5 percent.
Vietnam gained 0.8 percent to a more than three-month high, while Singapore edged up 0.1 percent to its highest since May 30, 2013.
Malaysia, which saw foreign outflows of $41.82 million on Monday, bucked the trend and fell 0.2 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 443.47 440.81 +0.60
Singapore 3314.27 3310.53 +0.11
Kuala Lumpur 1868.64 1872.97 -0.23
Bangkok 1538.55 1533.41 +0.34
Jakarta 5127.12 5087.01 +0.79
Manila 6874.88 6853.07 +0.32
Ho Chi Minh 601.04 596.26 +0.80