ASEAN KEY DESTINATIONS
22 July 2013
The Straits Times Index (STI) ended +21.09 points higher or +0.66% higher to 3,234.35, taking the year-to-date performance to +2.12%.
The FTSE ST Mid Cap Index gained +0.42% while the FTSE ST Small Cap Index declined -0.08%.
The top active stocks were SingTel (+2.63%), CNA (unchanged), KrisEnergy (+13.42%), UOB (+0.90%) and Genting SP (+1.11%).
The outperforming sectors today were represented by the FTSE ST Telecommunications which gained +2.41%. The two biggest stocks of the Telecommunications Index are Singapore Telecommunications (+2.63%) and StarHub (+0.96%). The underperforming sector, FTSE ST Utilities declined -1.03% with United Envirotech declining -0.51% and Hyflux declining -1.54%. The FTSE ST Health Care Index declined -0.05% and the FTSE ST Industrials Index gained +0.05%.
The three most active Exchange Traded Funds (ETFs) by value today were ISHARES S&P500 IVV 10 (+1.06%), SPDR Gold Shares (+2.37%) and NIKKO AM Singapore STI ETF (+0.61%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall (+0.50%), SuntecReit (+2.61%) and Ascendasreit (-1.29%).
The most active index warrants by value today were HSI21200MBeCW130829 (+2.61%), HSI21000MBePW130829 (-8.91%) and HSI21800MBeCW130829 (unchanged).
The most active stock warrants by value today were DBS MB eCW130910 (+10.53%), UOB MB eCW131104 (+9.70%) and OCBC Bk MBeCW131101 (+1.85%).
Singapore Stock Market
*ST Index 3,234.35 +21.09 3,213.26 -4.94
Volume: 2,091.2M 2,341.1M
Value: $1,114.9M $1,065.8M
Gainers/Losers: 251/185 182/236
Daily Market Commentary (Securities)
22 July 2013
The FBM KLCI index lost 0.06 points or 0.00% on Monday. The Finance Index fell 0.04% to 17254.27 points, the Properties Index up 0.53% to 1415.73 points and the Plantation Index down 0.13% to 8407.16 points. The market traded within a range of 5.63 points between an intra-day high of 1803.31 and a low of 1797.68 during the session.
Actively traded stocks include CLIQ-WA, DAYA, FLONIC, APFT-WA, YTLPOWR-WB, KINSTEL, INARI-WA, THHEAVY, TENAGA and HARVEST. Trading volume decreased to 1375.14 mil shares worth RM1822.43 mil as compared to Friday’s 1649.48 mil shares worth RM2366.10 mil.
Leading Movers were IHH (+8 sen to RM4.09), AXIATA (+5 sen to RM6.83), GENM (+4 sen to RM3.90), UEMS (+4 sen to RM3.10) and PETDAG (+4 sen to RM26.40). Lagging Movers were BAT (-82 sen to RM59.78), HLBANK (-16 sen to RM14.30), KLK (-12 sen to RM21.28), TENAGA (-9 sen to RM9.21) and GENTING (-9 sen to RM9.90). Market breadth was negative with 385 gainers as compared to 426 losers.
The KLCI slipped into the negative territory in the final hours of trading and ended with 1797.7 points, down marginally from the closing last Friday. The local index consolidated near the 1800 level as investors took cue from upbeat US corporate earnings announcements, as well as Japanese's election outcome, which saw the country's ruling party win a majority in Parliament's upper house. However, caution over China's economic progress held back investors, as last week's data showed economic growth slowing for a second quarter. Back in Malaysia, IHH was the biggest index mover after gaining 8 cents to close at RM4.09 while DiGi inched up by 3 cents after announcing its 2QFY2013 results last Friday.
Vietnam's benchmark VN index gained 0.5 percent at the close on Monday, as foreign investors dipped into the market to snap-up blue chips as trade volume hit a three-week high.
Pharmaceutical firm DHG Pharma climbed 6.1 percent and top insurer Bao Viet Holdings rose 5.2 percent.
Masan Group climbed 4.3 percent, dairy maker Vinamilk gained 0.7 percent and lender Sacombank was up 0.6 percent.
A 45-minute extension to trading hours on the index, effective Monday, helped boost liquidity in the market, said a trader. Some 54.4 million shares were traded on Monday, compared to the five-day average of 48 million, according to exchange data.
VN Index 506.16
PREV. CLOSE 503.76
% CHANGE 0.48%
Most Southeast Asian markets edged up on Monday, on expectations of strong quarterly results due in major financial centres over the next few weeks.
Most other Asian share markets were modestly higher, although Hong Kong's Hang Seng and mainland Chinese stocks lost a bit of ground. A dealer said markets were now turning to earnings in the upcoming weeks for direction.
The Singapore benchmark index rose 0.66 percent, led by gains in CNA Group shares.
Vietnam gained 0.48 percent after an afternoon rally with DHG Pharma rising 6.1 percent.
The Philippine index was up 0.1 percent, while Malaysia's stock index was unchanged.
Jakarta's composite index fell 0.96 percent, led by a more than 2 percent decline in consumer shares.
Blue chip stocks dropped 1.7 percent.
"We expect JCI to further increase this week as it has broken the two month downtrend resistance. However, we expect a technical correction for today would provide opportunities to buy on weakness within the range of 4,700 - 4,752," Trimegah Securities said in a note on Monday.
The Thailand market was closed for a public holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 435.65 434.28 +0.32
Singapore 3234.63 3213.26 +0.66
Kuala Lumpur 1797.68 1797.74 +0.00
Bangkok 1481.84 1481.84 +0.00
Jakarta 4678.98 4724.41 -0.96
Manila 6627.36 6621.02 +0.10
Ho Chi Minh 506.16 503.76 +0.48
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