ASEAN KEY DESTINATIONS
27 June 2014
The Straits Times Index (STI) ended 7.52 points lower or -0.23% to 3271.05 taking the year-to-date performance to +3.35%.
The FTSE ST Mid Cap Index declined -0.03% and the FTSE ST Small Cap Index declined -0.24%. The top active stocks were DBS (-0.30%), SingTel (+0.26%), OCBC Bank (-0.21%), UOB (-0.09%), Keppel Corp (+0.19%).
The outperforming sector today was represented by the FTSE ST Technology Index (+1.68%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+3.39%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Utilities Index, which declined -1.41% with United Envirotech’s share price declining -0.70% and Hyflux’s share price declining -2.05%. The FTSE ST Oil & Gas Index gained +0.06%. The FTSE ST Telecommunications Index gained +0.23%.
The three most active Exchange Traded Funds (ETFs) by value today were SPDR Gold Shares (+0.32%), iShares USD Asia HY Bond ETF (unchanged), DBXT S&P CNX Nifty ETF (-0.03%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-1.01%), Ascendas REIT (unchanged), CapitaCommercial Trust (+0.30%).
The most active index warrants by value today were HSI23200MBeCW140828 (-1.87%), HSI23200MBePW140730 (-0.95%), HSI22800MBeCW140730 (-1.61%).
The most active stock warrants by value today were BiosensoMBeCW141001 (-5.26%), UOB MB eCW140801 (-4.86%), DBS MB eCW140905 (-5.41%).
Singapore Stock Market
*ST Index 3,271.05 -7.52 3,278.57 +17.03
Volume: 1,551.4M 1,764M
Value: $727.3M $934.4M
Gainers/Losers: 189/205 232/169
Daily Market Commentary (Securities)
27 Jun 2014
The FBM KLCI index lost 9.04 points or 0.48% on Friday. The Finance Index fell 0.52% to 17141.58 points, the Properties Index up 0.33% to 1433.88 points and the Plantation Index down 0.31% to 9239.49 points. The market traded within a range of 8.38 points between an intra-day high of 1889.34 and a low of 1880.96 during the session.
Actively traded stocks include UTOPIA, SKPRES-WA, MAS, SUMATEC, IRETEX-LA, SKPRES, SUMATEC-WB, PWORTH, JAG and GREENYB. Trading volume increased to 1644.14 mil shares worth RM1803.79 mil as compared to Thursday’s 1420.84 mil shares worth RM1956.03 mil.
Leading Movers were IHH (+4 sen to RM4.39), YTL (+2 sen to RM1.60), SIME (+1 sen to RM9.67), and DIGI (+1 sen to RM5.74). Lagging Movers were BAT (-52 sen to RM66.38), PETDAG (-32 sen to RM24.28), PBBANK (-30 sen to RM19.60), PETGAS (-18 sen to RM24.48) and HLFG (-14 sen to RM15.96). Market breadth was negative with 371 gainers as compared to 393 losers.
The KLCI closed lower at 1880.93 points. The decline was in line with regional markets and U.S. markets, owing to falling global bond yields and hawkish comments from the Federal Reserve. The local benchmark index was mainly dragged down by losses from heavyweights such as Public Bank, Petronas Dagangan, and Astro that succumbed to selling pressures, amid mild profit taking.
Date As of: 27 June 2014
Description Volume Value Frequency
ETF 96,600 65,754,400 273
Stock 3,855,160,956 4,488,582,085,370 155,526
Warrant 10,376,200 451,123,800 875
Total 3,865,633,756 4,489,098,963,570 156,674
As of 27 June 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,048.10 3,380.36 667.74
Proprietary 4,336.46 3,585.26 751.20
Foreign 7,826.15 5,911.02 1,915.13
Individual 18,643.18 21,977.25 -3,334.07
Total Trading Value 34,853.89 M.Baht
Vietnam index at 2-month closing high; PetroVietnam peaks
Vietnam's benchmark VN Index closed at its highest in more than two months on Friday, supported by gains in shares of PetroVietnam Gas, the
country's biggest listed firm, while most other blue chip stocks dropped or remained stable.
The index ended up 0.42 percent at 578.82, its highest close since April 25 and the fifth straight daily gain, Reuters data showed.
PetroVietnam Gas rose 3.7 percent to a record high of 112,000 dong ($5.26).
Of the 278 stocks traded on Friday, 74 gained in low volume trade, showing investors sentiment was still cautious, said Nguyen Thanh Lam, a deputy manager at Maybank Kim Eng Securities.
"The index might adjust by dropping slightly next week but it could reach 600-point level next month," Lam added.
The VN Index gained 2.28 percent this week, according to Reuters data.
Here is a snapshot of the VN Index at the close
VN Index 578.82
PREV. CLOSE 576.4
% CHANGE 0.42%
SE Asia Stocks - Most weak; Thai PTT shares rise after new directors
Thailand's main stock index hit a new eight-month high on Friday as shares of PTT rallied after the appointment of new directors, while most others in Southeast Asia fell in line with Asian stocks amid doubts about the strength of the U.S. economy.
Thailand's largest energy firm PTT has appointed six new directors to replace those who resigned as part of the military government's attempt to reform and restructure the state enterprise system.
PTT shares rose 1.3 percent to 312 baht, their highest close in almost two months. The stock had been under selling pressure since late May due to concerns that the energy reform plan could hurt earnings of energy companies.
"The new directors clearly helped improve sentiment on PTT's stock and expectations on the reform plan are more positive now.
Buying in PTT shares was quite healthy after the news," said Pichai Lertsupongkij, a senior analyst at broker Thanachart Securities.
The SET index closed at 1,483.24, the highest since Oct. 18 and added 1.1 percent on the week for a second straight week of gains. Foreign investors bought shares worth a net $59 million, their first net purchase in 14 sessions.
Vietnam and the Philippines outperformed the region, rising 3.2 percent and 1.7 percent on the week, respectively, while Singapore <.FTSTI> , Malaysia and Indonesia were little changed.
Shares of energy-related firms rose across the region as investors boosted exposure due to strong crude prices.
Philippine energy company First Gen Corp and Indonesia's palm plantation firm Astra Agro Les Tari led the gainers.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 426.24 426.01 +0.05
Singapore 3271.05 3278.57 -0.23
Kuala Lumpur 1880.93 1889.97 -0.48
Bangkok 1483.24 1477.48 +0.39
Jakarta 4845.13 4872.42 -0.56
Manila 6842.15 6892.18 -0.73
Ho Chi Minh 578.82 576.40 +0.42