ASEAN KEY DESTINATIONS
16 June 2014
The Straits Times Index (STI) ended -0.77 points lower or -0.02% to 3292.48, taking the year-to-date performance to +4.03%.
The FTSE ST Mid Cap Index gained +0.14% while the FTSE ST Small Cap Index declined -0.25%. The top active stocks were Noble (-3.46%), DBS (-0.18%), CapitaLand (-1.86%), SingTel (unchanged) and OCBC Bank (+0.10%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.65%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (+5.36%). The underperforming sector was the FTSE ST Real Estate Holding and Development Index, which declined -0.95% with Hongkong Land Holdings’ share price declining -1.32% and Global Logistic Properties’ share price declining -0.75%. The FTSE ST Oil & Gas Index declined -0.08%. The FTSE ST Telecommunications Index gained +0.03%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-0.69%), SPDR Gold Shares (+0.48%), DBXT S&P CNX Nifty ETF (-0.96%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.76%), Mapletree Industrial Trust (+0.70%), Ascendas REIT (unchanged).
The most active index warrants by value today were HSI23600MBeCW140730 (-9.64%), HSI23200MBePW140730 (-2.48%), HSI23000MBeCW140627 (-12.20%).
The most active stock warrants by value today were DBS MB eCW140901 (-1.87%), CN6600MBeCW140828 (+8.60%), SingPost MBeCW150106 (unchanged).
Singapore Stock Market
*ST Index 3,290.26 -2.99 3,293.25 +0.24
Volume: 1,550.2M 1,809.1M
Value: $778.5M $873.4M
Gainers/Losers: 178/256 191/222
Daily Market Commentary (Securities)
16 Jun 2014
The FBM KLCI index lost 5.16 points or 0.27% on Monday. The Finance Index fell 0.02% to 17145.14 points, the Properties Index up 0.19% to 1421.72 points and the Plantation Index down 0.48% to 9188.25 points. The market traded within a range of 4.62 points between an intra-day high of 1875.90 and a low of 1871.28 during the session.
Actively traded stocks include MAS, IRETEX-WA, IRETEX-LA, IDMENSN, SONA, TMS, HUBLINE, SKPRES-WA, PMHLDG and IRIS. Trading volume increased to 1359.74 mil shares worth RM1405.61 mil as compared to Friday’s 1258.50 mil shares worth RM1388.49 mil.
Leading Movers were BAT (+96 sen to RM65.96), KLK (+2 sen to RM24.60), IHH (+2 sen to RM4.28), HLFG (+2 sen to RM15.86) and MAYBANK (+2 sen to RM9.82). Lagging Movers were PPB (-20 sen to RM15.10), GENTING (-14 sen to RM10.06), SKPETRO (-7 sen to RM4.21), IOICORP (-6 sen to RM5.15) and PETDAG (-4 sen to RM24.22). Market breadth was negative with 384 gainers as compared to 402 losers.
The KLCI started the week on a negative note, closed lower at 1871.58 points amid lack of positive catalysts and heightening political risk in Iraq. Our benchmark index was mainly dragged down by losses in Genting Berhad, YTL Corp, and SapuraKencana Petroleum.
Date As of: 16 June 2014
Description Volume Value Frequency
ETF 85,900 29,320,000 355
Stock 3,886,593,122 3,906,977,704,879 180,306
Right 1,671,200 8,007,100 130
Warrant 19,182,800 1,597,285,400 873
Total 3,907,533,022 3,908,612,317,379 181,664
Thai bourse announces SET indices semi-annual review results
BANGKOK, June 16, 2014 – The Stock Exchange of Thailand (SET) announces the semi-annual index review results for the SET50, SET100, and SETHD indices for the second half of 2014 (July 1 – December 31), SET President Kesara Manchusree said.
SET50 Index (SET50): two companies to be added as index constituents are KIATNAKIN BANK pcl (KKP) and MK RESTAURANT GROUP pcl (M). Constituents of the SET50 had a combined market capitalization of THB 9.22 trillion (as of end-May 2014), accounting for 72.75 percent of the total THB 12.67 trillion SET market capitalization (as of end- May, 2014).
SET100 Index (SET100): there will be nine additions to the index, which are BJC HEAVY INDUSTRIES pcl (BJCHI), ENERGY EARTH pcl (EARTH), MK RESTAURANT GROUP pcl (M), MC GROUP pcl (MC), MEGA LIFESCIENCES pcl (MEGA), NOK AIRLINES pcl (NOK), NAMYONG TERMINAL pcl (NYT), PRECIOUS SHIPPING pcl (PSL), and THAIRE LIFE ASSURANCE pcl (THREL). SET100 constituents had a combined market capitalization of THB 10.22 trillion, accounting for 80.64 percent of the total SET market capitalization.
SET High Dividend Index (SETHD): four companies will be added to the index, which are LAND AND HOUSES pcl (LH), PTT GLOBAL CHEMICAL pcl (PTTGC), RS pcl (RS), and TICON INDUSTRIAL CONNECTION pcl (TICON). The 30 stocks of SETHD have an average dividend yield of 4.28 percent, higher than the SET average dividend yield of 2.96 percent.
For details on the constituents, selection criteria and index methodology please see www.set.or.th/set50 and www.set.or.th/en/SETHD.
As of 16 June 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,746.32 3,167.36 1,578.96
Proprietary 3,051.70 2,843.18 208.51
Foreign 9,659.94 10,840.48 -1,180.54
Individual 21,227.58 21,834.52 -606.94
Total Trading Value 38,685.54 M.Baht
Vietnam index dips 0.4 pct; PVT falls most in a month
Vietnam's benchmark VN Index reversed a streak of six gains, closing down 0.37 percent on Monday, with Petrovietnam Transportation Corp
dropping the most in one month on fund's selling, analysts said.
Market Vectors Vietnam exchange-traded fund said it was conducting its second-quarter portfolio restructuring this week.
PVT lost 4.65 percent to end at 12,300 dong ($0.58) per share, the biggest fall since May 13, while its volume hit a two-month high, Reuters data showed, as Saigon Securities Incorp estimated the fund would sell 8.4 million of PVT shares.
But the fund buying other shares, including those of Ho Chi Minh City-based lender Sacombank , kept the index from a steep fall, analysts said.
Liquidity will be solid this week thanks to the fund's restructuring, said analyst Tran Thang Long of BIDV Securities.
Here is a snapshot of the VN Index at the close
VN Index 572.37
PREV. CLOSE 574.48
% CHANGE -0.37%
SE Asia Stocks-Most weaker; Thai energy shares up on strong oil
Thai shares touched near eight-month highs on Monday as strong crude prices boosted stocks of energy explorer PTT Exploration and Production , while Indonesian shares fell to their lowest in one week due to foreign-led selling in large caps.
Bangkok's SET index closed up 1.09 percent at 1,471.85, the highest since Oct. 18. PTT Exploration shares jumped 4.1 percent, their best gain since December and its parent firm PTT was up 2.1 percent.
"The market today was about rotational plays, mainly into energy sector. PTTEP was strong because it is one of the best direct play into the strong crude oil market," said Pichai Lertsupongkij, a senior analyst of Thanachart Securities.
Jakarta's composite index was down 0.8 percent at 4,885.46, the lowest close since June 9.
Shares of top four firms by market value dropped after foreign-led selling, including Astra International , Bank Central Asia , Bank Rakyat Indonesia and Telkom Indonesia , according to Thomson Reuters data.
In Manila, large cap telecommunications shares fell due to outflows, stock exchange data showed.
Shares of Alliance Global dropped 2.1 percent after a net foreign selling of 247 million peso ($5.6 million) and Philippine Long Distance Telephone eased 0.6 percent as foreign investors sold a net 148 million peso ($3.4 million).
Other markets were little changed in line with Asian stock markets amid concerns about the insurgency in Iraq.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 425.77 426.44 -0.16
Singapore 3290.26 3293.25 -0.09
Kuala Lumpur 1871.58 1876.74 -0.27
Bangkok 1471.85 1456.02 +1.09
Jakarta 4885.46 4926.66 -0.84
Manila 6758.45 6784.95 -0.39
Ho Chi Minh 572.37 574.48 -0.37