ASEAN KEY DESTINATIONS
25 July 2014
The Straits Times Index (STI) ended -3.72 points lower or -0.11% to 3350.17, taking the year-to-date performance to +5.85%.
The FTSE ST Mid Cap Index declined -0.08% while the FTSE ST Small Cap Index declined -0.06%. The top active stocks were DBS (-0.06%), Keppel Corp (+0.92%), Alliance Mineral (unchanged), UOB (-0.88%) and SingTel (-0.50%).
The outperforming sector today was represented by the FTSE ST Technology Index (+1.08%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+1.75%) and STATS ChipPAC (-0.83%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.39% with SingTel’s share price declining -0.50% and Starhub’s share price gaining +0.71%. The FTSE ST Consumer Services Index gained +0.10%. The FTSE ST Real Estate Index declined -0.13%. The FTSE ST Utilities Index declined -0.20%.
The three most active Exchange Traded Funds (ETFs) by value today were DBXT MSCI Indonesia ETF (-0.07%), SPDR Gold Shares (-0.34%), SPDR STI ETF (-0.30%),
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+0.25%), Ascendas REIT (unchanged), Mapletree Industrial Trust (-0.69%),
The most active index warrants by value today were HSI24400MBeCW140828 (+8.57%), HSI23800MBeCW140828 (+5.83%), HSI23600MBePW140828 (-17.54%).
The most active stock warrants by value today were KepCorp MBeCW141201 (+6.61%), DBS MB eCW141001 (unchanged), DBS MB eCW140901 (+0.81%).
Singapore Stock Market
*ST Index 3,350.17 -3.72 3,353.89 +13.19
Volume: 1,407.7M 1,670.3M
Value: $918.6M $1,025.4M
Gainers/Losers: 225/226 233/191
Daily Market Commentary (Securities)
25 Jul 2014
The FBM KLCI index gained 0.29 points or 0.02% on Friday. The Finance Index increased 0.15% to 17354.11 points, the Properties Index dropped 0.17% to 1502.6 points and the Plantation Index rose 0.31% to 9091.77 points. The market traded within a range of 11.45 points between an intra-day high of 1879.59 and a low of 1868.14 during the session.
Actively traded stocks include SCOMI, TALAMT, HHGROUP, MEXTER-WA, SUMATEC, NOVAMSC, MEXTER, MAS, HUBLINE and JAG. Trading volume decreased to 1706.84 mil shares worth RM1634.43 mil as compared to Thursday’s 2029.61 mil shares worth RM1993.28 mil.
Leading Movers were HLBANK (+2 sen to RM13.98), PPB (+26 sen to RM14.60), FGV (+7 sen to RM4.17), UMW (+18 sen to RM11.88) and PETCHEM (+9 sen to RM6.80). Lagging Movers were TENAGA (-16 sen to RM12.40), IHH (-6 sen to RM4.75), PETDAG (-18 sen to RM19.04), SKPETRO (-4 sen to RM4.30) and PBBANK (-12 sen to RM19.88). Market breadth was positive with 420 gainers as compared to 406 losers.
The KLCI settled marginally higher at 1877.34 points on last minute surge. Trading sentiment was muted as investors were reluctant to take position ahead of the long weekend in conjunction with Hari Raya Aidilfitri. Meanwhile, Heng Huat Resources Group Bhd has made a solid listing debut by surging 24.44%.
Date As of: 25 July 2014
Description Volume Value Frequency
ETF 8,600 7,489,200 70
Stock 7,860,750,042 6,702,275,438,129 246,045
Right 55,688,300 162,031,400 135
Warrant 380,704,850 1,419,176,550 1,074
Total 8,297,151,792 6,703,864,135,279 247,324
As of 1 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,228.56 4,896.06 -667.50
Proprietary 5,209.09 5,069.51 139.58
Foreign 6,910.55 7,908.86 -998.32
Individual 36,791.26 35,265.02 1,526.24
Total Trading Value 53,139.47 M.Baht
Vietnam index falls 0.3 pct; BIDV outperforms on dividend plan
Vietnam's benchmark VN Index lost 0.32 percent on Friday, coming down from a near four-month high the previous day, with lender BIDV bucking the trend to reach its highest since May 7 on news of its 2013 dividend plan.
The bank was up 3.38 percent, with 17.4 million shares traded, the highest volume in four months, Reuters data showed.
BIDV will pay 850 dong ($0.04) per stock, or 8.5 percent of face value, as its 2013 dividend for shareholders, the Hanoi-based lender said on its website on Friday
The index may continue to fall as trade has been slow and selling was on the increase in the past few sessions, analysts and traders said.
Here is a snapshot of the VN Index at the close
VN Index 600.14
PREV. CLOSE 602.06
% CHANGE -0.32%
SE Asia Stocks -Most fall ahead of holidays
Most Southeast Asian stock markets edged lower on Friday, with the Indonesian benchmark posting its first weekly loss in a month, ahead of a market
holiday next week, while Singapore shares slipped after worse-than-expected June industrial production data.
The region saw a range-bound session ahead of holidays in the major sharemarkets. Singapore will be closed on Monday, Malaysia on Monday and Tuesday and the Philippines on Tuesday.
The Indonesian market will remain closed for the entire week.
Jakarta's composite index fell 0.2 percent, closing the week a tad 0.04 percent lower. Foreign investors were net sellers in Bank Mandiri and Bank Rakyat Indonesia which were among the top actively traded stocks.
Investors remained cautious as they awaited the formation of the new government and a court hearing on losing presidential candidate Prabowo Subianto's lawsuit challenging the result amid concerns over growing fuel subsidy problems pressuring the country's budget.
The Singapore index posted its first fall in nine days and lost 0.1 percent. It, however, extended gains for the fifth week, rising 1.2 percent, and was Southeast Asia's best performer.
Data showed Singapore's manufacturing output rose 0.4 percent in June, well below expectations, which analysts said reflected weaker demand due to uncertain global outlook.
Philippine shares recouped most of their early losses amid inflows in telecoms stocks and outflows in banking shares.
Globe Telecoms ended at a more than five-month high and Metropolitan Bank & Trust fell to a near one-month low.
Others in the region finished the week in positive territory. Among the outperformers, Thai shares marked a sixth consecutive week of gains, adding 0.6 percent amid a clearer political outlook.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 445.48 446.14 -0.15
Singapore 3350.17 3353.89 -0.11
Kuala Lumpur 1877.34 1877.05 +0.02
Bangkok 1543.85 1543.92 0.00
Jakarta 5088.80 5098.64 -0.19
Manila 6889.55 6889.89 0.00
Ho Chi Minh 600.14 602.06 -0.32