ASEAN KEY DESTINATIONS
29 July 2014
The Straits Times Index (STI) ended 5.91 points higher or +0.18% to 3356.08, taking the year-to-date performance to +6.04%.
The FTSE ST Mid Cap Index declined -0.22% and the FTSE ST Small Cap Index declined -0.21%. The top active stocks were DBS (+0.06 %), UOB (+1.27%), Keppel Corp (+0.45%), Global Logistic (+1.09%), SingTel (+0.50%).
The outperforming sector today was represented by the FTSE ST Telecommunications Index (+0.38%). The two biggest stocks of the FTSE ST Telecommunications Index are SingTel (+0.50%) and StarHub (-0.71%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -0.86% with Midas Holdings’ share price unchanged and Geo Energy Resources’ share price declining -1.79%. The FTSE ST Consumer Services Index declined -0.30%. The FTSE ST Real Estate Index declined -0.05%. The FTSE ST Utilities Index declined -0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were DBXT MSCI Asia EX Japan ETF (+0.59%), IS MSCI India (-0.67%), DBXT MSCI Indonesia ETF (+1.52%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall Trust (+0.50%), Suntec REIT (-1.36%).
The most active index warrants by value today were HSI24400MBeCW140828 (+35.53%), HSI23800MBeCW140828 (+34.65 %), HSI24000MBePW140929 (unchanged).
The most active stock warrants by value today were KepCorp MBeCW141201 (+4.65%), UOB MB eCW141203 (+10.17%), DBS MB eCW141001 (-1.33%).
Singapore Stock Market
*ST Index 3,356.08 +5.91 3,350.17 -3.72
Volume: 1,394.8M 1,407.7M
Value: $984.7M $918.6M
Gainers/Losers: 194/253 225/226
Thailand Futures Exchange to launch gold physical exchange service
Bangkok, July 29, 2014 - Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, joins hands with seven gold shop operators to offer physical gold exchange service for gold futures investors, enabling them to exchange a matured contract into physical gold at the gold shop operators. The service will start from the gold futures contract maturing in August.
TFEX Managing Director Kesara Manchusree said "This new service facilitates investors to trade gold futures via all TFEX's broker members to exchange the contract with seven leading gold shop operators. These are Globlex Holding Management pcl, Classic Gold Futures Co., Ltd., GT Gold Bullion Co., Ltd., YLG Gold Co., Ltd., Ausiris Co., Ltd., MTS Gold Co., Ltd., and Hua Seng Heng Commoditrust Co., Ltd. They are fully-equipped and well-prepared and ready to service gold physical exchange."
This service will be a choice for investors, gold shop operators, or investors wanting to use physical gold in the future. They are able to trade gold futures in TFEX to fix the trading price in advance without full payment or for immediate delivery on the transaction date. This will help boost flexibility for investors to exchange gold and manage risk the way they want, Kesara added.
The service will be for the 50-baht and 10-baht gold futures contracts, starting from the contract maturing in August (GFQ14 and GF10Q14). Gold futures holders can apply for this service by informing those seven gold shops prior to the contract maturity and can exchange to physical gold within two working days after maturity. The gold trading price will use reference from final settlement price of the gold futures contract matured in that month.
In the first six months of this year, gold futures had a total trading volume of 745,094 contracts, equivalent to gold weight of 12.4 million baht, or about 189,575 kilograms. For more information, please contact TFEX's brokers or S-E-T Call Center at 0 2229 222, or www.tfex.co.th
As of 29 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,865.67 6,800.46 -1,934.79
Proprietary 4,945.52 5,385.45 -439.92
Foreign 6,887.93 8,672.06 -1,784.13
Individual 37,305.83 33,146.99 4,158.84
Total Trading Value 54,004.95 M.Baht
Vietnam index ends up 0.5 pct, volume near 2-mth low
Vietnam's benchmark VN Index rebounded 0.47 percent on Tuesday after two strong falls but with volume staying near a two-month low that analysts said
signalled a retreat in coming sessions.
A total of 62 million shares changed hand, the lowest level since June 6, Reuters data showed.
"Today's gain is a short-term recovery ahead of further declines," said analyst Vu Thi Thu Trang of APEC Securities,
adding that buying demand was weak.
Food producer Masan Group rose 1.68 percent and property firm Vingroup advanced 1.39 percent.
Here is a snapshot of the VN Index at the close
VN Index 592.24
PREV. CLOSE 589.45
% CHANGE 0.47%
SE Asia Stocks - Thai shares at 1-week low amid outflows
Thai shares closed at their lowest in one week on Tuesday, underperforming others in Southeast Asia, amid foreign outflows and active selling in
large-caps while stocks in Singapore and Vietnam rose in line with Asian markets.
The benchmark SET index was down 1.14 percent at 1,520.55, the lowest since July 22, led by big-cap banks such as Kasikornbank and Bangkok Bank .
Foreign investors sold shares worth a net 1.78 billion baht ($55.97 million), stock exchange data showed.
The Philippines and Malaysia are shut for a market holiday, and will reopen on Wednesday. Indonesia is closed through the week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 443.54 444.76 -0.27
Singapore 3356.08 3350.17 +0.18
Bangkok 1520.55 1538.13 -1.14
Ho Chi Minh 592.24 589.45 +0.47