ASEAN KEY DESTINATIONS
31 July 2013
The Straits Times Index (STI) ended -23.52 points lower or -0.72% lower to 3,221.93, taking the year-to-date performance to +1.73%.
The FTSE ST Mid Cap Index declined -0.48% while the FTSE ST Small Cap Index declined -0.69%.
The top active stocks were SingTel (-1.01%), GoldenAgr (-3.67%), DBS (-0.54%), debutant Rex Intl (+13.0%) and OCBC Bk (-0.75%).
The outperforming sectors today were represented by the FTSE ST Technology which gained +0.03%.The two biggest stocks of the Technology Index are LionGold Corp (+0.43%) and Stats ChipPAC (unchanged). The underperforming sector, FTSE ST Consumer Goods Index declined -1.25% with Wilmar International declining -0.94% and Thai Beverage remaining unchanged. The FTSE ST Health Care Index declined -0.30% and the FTSE ST Industrials Index declined -0.96%.
The three most active Exchange Traded Funds (ETFs) by value today were DBXT CSI300 ETF 10 (-1.17%), SPDR GOLD SHARES (+0.80%) and STI ETF (-0.61%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendasreit (-0.86%), CapitaMall (+1.00%) and CapitaComm (-1.75%).
The most active index warrants by value today were HSI21800MBeCW130829 (-7.50%), HSI21600MBePW130829 (+3.61%) and HSI22200MBeCW130927 (-6.90%).
The most active stock warrants by value today were DBS MB eCW131203 (unchanged), OCBC Bk MBeCW131101 (-4.41%) and KepCorp MBeCW131101 (-0.79%).
Singapore Stock Market
*ST Index 3,221.93 -23.52 3,245.45 +8.48
Volume: 2,393.5M 2,186.1M
Value: $1,771.8M $1,215.6M
Gainers/Losers: 151/323 195/202
Daily Market Commentary (Securities)
31 July 2013
The FBM KLCI index lost 22.46 points or 1.25% on Wednesday. The Finance Index fell 2.26% to 16748.58 points, the Properties Index dropped 2.02% to 1352.63 points and the Plantation Index down 0.72% to 8318.32 points. The market traded within a range of 21.27 points between an intra-day high of 1791.71 and a low of 1770.44 during the session.
Actively traded stocks include SONA-WA, SONA, MAS, UEMS, LUSTER, FLONIC, DIALOG, AIRASIA, CIMB and THHEAVY. Trading volume decreased to 1918.65 mil shares worth RM3056.51 mil as compared to Tuesday’s 2145.87 mil shares worth RM2072.73 mil.
Leading Movers were DIGI (+3 sen to RM4.65) and MAXIS (+2 sen to RM7.11).Lagging Movers were HLBANK (-38 sen to RM13.80), UMW (-34 sen to RM13.86), HLFG (-32 sen to RM13.98), RHBCAP (-31 sen to RM8.25) and MAYBANK (-30 sen to RM10.26). Market breadth was negative with 131 gainers as compared to 753 losers.
The KLCI extended its third day losses to close at 1,772.62 points, spawned by the downgrade of Malaysia’s outlook to “negative” from “stable” by Fitch Ratings and amid concern that global investors will repatriate funds after the $2.9 billion of bond matures. Regionally, markets was on a mix note amid investors stay cautious ahead of the Federal Reserve meeting and the early withdrawal of the U.S central bank rolling back its bond purchases at the end of September.
Date As of: 31 July 2013
Description Volume Value Frequency
ETF 9,500 4,518,500 08
Stock 4,191,819,931 4,714,506,912,128 146,931
Warrant 31,457,500 1,062,715,500 813
Total 4,223,286,931 4,715,574,146,128 147,752
As of 31 Jul 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,765.59 6,785.34 -3,019.75
Proprietary 6,423.83 7,174.94 -751.11
Foreign 11,054.90 10,870.90 184.00
Individual 21,300.01 17,713.15 3,586.86
Total Trading Value 42,544.33 M.Baht
Vietnam's VN index closed up 0.7 percent on Wednesday in thin trade, against declines in Southeast Asian markets and led by buying in blue chips as most investors opted out in hope of an uptrend.
Energy firm PetroVietnam Gas climbed 3.1 percent, dairy maker Vinamilk rose 2.1 percent, and property firm Vingroup was up 1.6 percent.
Pharmaceuticals firm DHG Pharma increased 1.9 percent, followed by Eximbank and Sai Gon Securities, up 0.7 and 0.6 percent respectively.
The index would continue to fluctuate in the absence of any positive macro economics news, a trader said. Many securities
firms advised investors to hold on to their shares and wait for an increase in liquidity.
Here is a snapshot of the VN Index at the close
VN Index 491.85
PREV. CLOSE 488.54
% CHANGE 0.68%
Southeast Asian stock markets mostly fell on Wednesday, with Malaysian benchmark sliding to a three-week closing low after Fitch Ratings downgraded the country's credit outlook, while Thai key index ended at a three-week low amid political concerns.
Malaysia's main index was down 1.3 percent at 1,772.62 on Wednesday, ending the month 0.05 percent lower, as credit fears spurred selling in market large caps such as CIMB Group Holdings, the most actively traded.
Bangkok's SET index closed down 0.9 percent on the day, extending its loss for a third session, in relatively moderate volume. It was down 2 percent in July, the third straight month of loss.
Sentiment in the region was broadly weak in line with global markets ahead of the outcome of the U.S. Federal Reserve policy meeting and the release of U.S. GDP data.
Indonesian shares staged a late rebound to inch up 0.04 percent on the day, trimming their loss on the month to 4.3 percent, the region's worst performer.
Stocks in Singapore, the Philippines and Vietnam reversed their steep losses in June to gain more than 2 percent in July.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 422.98 427.46 -1.05
Singapore 3221.93 3245.45 -0.72
Kuala Lumpur 1772.62 1795.08 -1.25
Bangkok 1423.14 1435.44 -0.86
Jakarta 4610.38 4608.49 +0.04
Manila 6639.12 6728.00 -1.32
Ho Chi Minh 491.85 488.54 +0.68
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