ASEAN KEY DESTINATIONS
8 July 2014
The Straits Times Index (STI) ended 8.23 points lower or -0.25% to 3283.34 taking the year-to-date performance to +3.74%.
The FTSE ST Mid Cap Index declined -0.48% and the FTSE ST Small Cap Index declined -0.33%. The top active stocks were DBS (-0.52%), UOB (-0.42%), SingTel (-0.52%), OCBC Bank (-0.11%), HongkongLand USD (+0.76%).
The outperforming sector today was represented by the FTSE ST Basic Materials Index (+0.96%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+1.14%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Utilities Index, which declined -1.13% with United Envirotech’s share price declining -1.03% and Hyflux’s share price declining -1.26%. The FTSE ST Consumer Services Index gained +0.21%. The FTSE ST Real Estate Index declined -0.31%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India 100 (-0.53%), SPDR STI ETF (-0.30%), SPDR Gold Shares (+0.38%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.28%), CapitaMall Trust (unchanged), CapitaCommercial Trust (-0.60%).
The most active index warrants by value today were HSI23800MBeCW140828 (-1.18%), HSI23600MBeCW140730 (+1.45%), HSI23200MBePW140730 (-5.36%).
The most active stock warrants by value today were DBS MB eCW140901 (-8.75%), KepCorp MBeCW141201 (-0.82%), UOB MB eCW140901 (-2.70%).
Singapore Stock Market
*ST Index 3,283.34 -8.23 3,291.57 +19.32
Volume: 1,522.3M 1,407M
Value: $928.3M $727.2M
Gainers/Losers: 185/223 207/218
Daily Market Commentary (Securities)
8 Jul 2014
The FBM KLCI index gained 0.15 points or 0.01% on Tuesday. The Finance Index increased 0.29% to 17397.51 points, the Properties Index up 0.22% to 1461.76 points and the Plantation Index rose 0.14% to 9233.79 points. The market traded within a range of 4.57 points between an intra-day high of 1896.23 and a low of 1891.66 during the session.
Actively traded stocks include INARI-CA, CSL, SKPRES, FRONTKN, MRCB-WA, MULPHA, MAS, KNM, SONA-WA and DAYA. Trading volume decreased to 1788.15 mil shares worth RM2293.90 mil as compared to Monday’s 1801.00 mil shares worth RM2163.00 mil.
Leading Movers were KLCC (+13 sen to RM6.58), YTL (+2 sen to RM1.65), GENM (+3 sen to RM4.20), RHBCAP (+6 sen to RM8.76) and HLBANK (+8 sen to RM13.94). Lagging Movers were GENTING (-24 sen to RM9.76), PETDAG (-36 sen to RM23.40), ASTRO (-5 sen to RM3.32), IHH (-5 sen to RM4.52) and FGV (-2 sen to RM4.14). Market breadth was negative with 387 gainers as compared to 464 losers.
The KLCI traded sideway to close at 1892.65 points following the record closing yesterday while investors also await the Federal Reserve decision on interest hike with the result reporting season approaching. Overall market breadth was negative as investors were taking profit.
Jakarta Stock Exchange
Price % Change
LPIN Multi Prima Sejah... 4,960 +7.24%
RAJA Rukun Raharja Tbk... 595 +7.21%
PSKT Pusako Tarinka Tb... 595 +7.21%
DEFI Danasupra Erapaci... 1,250 +6.84%
DART Duta Anggada Real... 645 +6.61%
WOMF Wahana Ottomitra 260 +6.12%
CSAP Catur Sentosa Adi... 457 +5.06
Top Loser Price % Change
OKAS Ancora Indonesia 136 -17.07%
ARTA Arthavest Tbk 202 -14.77%
LPGI Lippo General Ins... 3,910 -14.07%
BAYU Bayu Buana Tbk 525 -13.22%
VOKS Voksel Electric T... 725 -8.23%
TFCO Tifico Fiber Indo... 560 -7.44%
BACA Bank Capital Indo... 90 -7.22%
TFEX's derivatives volume leaps 38 pct in H1 2014
Bangkok, July 8, 2014 - Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, revealed that its first-half derivatives trading volume increased 38 percent to 93,834 contracts per day from a year earlier, underpinned by newly launched mini SET50 futures and stock futures, reinforcing TFEX's commitment to boost liquidity and develop new products to the Thai capital market.
For the second half, TFEX will continue to promote products, especially options, expand quality investor base, and will add physical gold exchange service for gold futures investors.
TFEX Managing Director and SET President Kesara Manchusree said that stock futures was the most actively traded product for TFEX, while the product was ranked the seventh highest in the world in stock futures trading volume.
Its first-half total trading volume reached 5.88 million contracts, or an average of 48,580 contracts per day, up 41 percent from 34,351 contracts.
The top five most actively traded derivatives were Bangkok Land pcl (BLAND) , True Corporation pcl (TRUE), Jasmine International pcl (JAS), Krung Thai Bank pcl (KTB), and Italian-Thai Development pcl (ITD), while the top three highest stock futures trading among brokers were KGI Securities (Thailand) pcl, Phatra Securities pcl, and RHB OSK Securities (Thailand) pcl.
Meanwhile, SET50 futures' trading volume totalled 38,153 contracts per day on average, jumping 64 percent from a year earlier, due mainly to the recent adjustment of its size, making the product one fifth smaller than its original size (mini SET50 futures). As such investors have more flexibility to trade and manage their portfolios suitably with more liquidity, especially investors holding small- and medium-sized portfolio, as well as new investors. It was also phenomenal that more new 3,500 investors crowded in this appealing mini SET50.
Retail investors were major players for this product (52 percent), the rest being domestic institutional investors (29 percent) and foreign investors (19 percent). The top three brokers with highest SET 50 futures trading volume were KGI Securities (Thailand), Maybank Kim Eng Securities (Thailand) pcl, and Phillip Securities (Thailand) pcl.
During the second half of 2014, TFEX will focus more on the cooperation with market makers to enhance SET50 options trading volume, creating trading programs to facilitate investors in making investment decisions. TFEX will continue to present SET50 options to investors and enhance product understanding as options is considered as a significant investment tool for strategic investment planning.
As of 8 July 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,491.72 3,383.77 107.95
Proprietary 3,391.87 3,138.12 253.75
Foreign 8,759.66 6,630.27 2,129.39
Individual 20,943.87 23,434.96 - 2,491.09
Vietnam index ends up 0.1 pct, large-caps lead
Vietnam's benchmark VN Index rose for the fifth straight session, closing up 0.13 percent to 591.47 points, led by gains in some big-cap shares.
PetroVietNam Gas , Vietnam's largest listed firm, advanced 0.91 percent, and property firm Vingroup rose 0.7 percent, having eased from the highest intra-day level since March 31 of 75,000 dong ($3.53) in early trade, Reuters data showed.
VIC's gain on Tuesday was its second win following news of its 2013 dividend payments.
Money inflow into Vietnamese stocks is still strong, and the index is likely to edge up further or moving sideway in the coming sessions, said analyst Vu Tran Vinh Thuy of Dai Viet Securities.
Here is a snapshot of the VN Index at the close
VN Index 591.47
PREV. CLOSE 590.69
% CHANGE 0.13%
SE Asia Stocks -Indonesia ends near 8-wk high; Philippine retreats
Indonesian shares hit their highest closing level in nearly eight weeks on Tuesday, helped by foreign investors-led buying in large caps and banking
stocks, while the Philippine index fell after four days of gains as domestic investors cashed in on recent gainers.
Jakarta's composite index advanced for a third day and closed 0.7 percent higher at 5,024.71, the highest close since May 16, as foreign investors bought a net 1.57 trillion rupiah worth shares, their highest in nearly three weeks.
Shares of Bank Rakyat Indonesia surged 6 percent to an all-time high, while Bank Mandiri and Astra International led among the actively traded stocks.
The Philippine index fell 0.7 percent to close at 6,948.5 amid profit-taking in recent gainers such as property stocks.
Ayala Land fell 1.4 percent while Megaworld dropped 0.21 percent.
The Thai SET index extended gain for a ninth day, hitting its highest level in nearly one year, amid economic optimism after an upbeat view by the National Economic and Social Development Board.
"There is a chance that the economy could grow 2.5 percent," NESDB Secretary-General Arkom Termpitayapaisit told reporters after a meeting with the ruling military government's National Council for Peace and Order on Tuesday.
NESDB said its 2014 GDP growth projection was 1.5-2.5 percent.
Singapore eased 0.25 percent, reversing Monday's rise to an over three-week high. Vietnam rose for its fifth straight session while Malaysia eked out more gain, marking an all-time high for a second day.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 437.65 435.97 +0.39
Singapore 3283.34 3291.57 -0.25
Kuala Lumpur 1892.65 1892.50 +0.01
Bangkok 1507.58 1503.21 +0.29
Jakarta 5024.71 4989.03 +0.72
Manila 6948.52 6999.10 -0.72
Ho Chi Minh 591.47 590.69 +0.13