ASEAN KEY DESTINATIONS
05 June 2014
The Straits Times Index (STI) ended 0.53 points lower or -0.02% to 3279.64, taking the year-to-date performance to +3.63%.
The FTSE ST Mid Cap Index gained +0.03% and the FTSE ST Small Cap Index gained +0.41%. The top active stocks were Noble (+3.16%), Ascendas REIT (+0.43%), DBS (+0.18%), SingTel (-0.77%) and OCBC Bank (-0.21%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+2.18%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+3.45%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.66% with SingTel’s share price declining -0.77% and StarHub’ share price remaining unchanged. The FTSE Oil and Gas Index gained +0.18%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (+1.27%), SPDR Gold Shares (-0.31%), DBXT MSCI Indonesia ETF (-1.97%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.43%), CapitaMall Trust (+0.50%), Suntec REIT (unchanged).
The most active index warrants by value today were HSI23000MBeCW140627 (-2.56%), HSI23600MBeCW140730 (-1.25%), HSI22600MBePW140627 (-1.89%).
The most active stock warrants by value today were KepCorp MBeCW141201 (+0.78%), KepCorp MBeCW140901 (+0.76%), DBS MB eCW140901 (+2.80%).
Singapore Stock Market
*ST Index 3,279.64 -0.53 3,280.17 -16.5
Volume: 2,030.7M 1,828.4M
Value: $1,047.7M $1,233.2M
Gainers/Losers: 246/173 158/263
Daily Market Commentary (Securities)
5 Jun 2014
The FBM KLCI index gained 3.80 points or 0.20% on Thursday. The Finance Index fell 0.01% to 17220.66 points, the Properties Index up 0.03% to 1408.79 points and the Plantation Index down 0.37% to 9147.75 points. The market traded within a range of 7.49 points between an intra-day high of 1870.60 and a low of 1863.11 during the session.
Actively traded stocks include SONA-WA, ETITECH, SONA, YTL, SALCON, KNM, NEXGRAM-WA, HUBLINE, IDMENSN and KNM-WA. Trading volume increased to 1494.18 mil shares worth RM1867.34 mil as compared to Wednesday’s 1023.00 mil shares worth RM1426.00 mil.
Leading Movers were PETGAS (+48 sen to RM24.54), BAT (+30 sen to RM63.00), PETDAG (+28 sen to RM24.70), GENTING (+17 sen to RM10.00) and HLFG (+14 sen to RM15.96). Lagging Movers were PPB (-34 sen to RM15.20), KLK (-24 sen to RM24.00), RHBCAP (-16 sen to RM8.22), TENAGA (-8 sen to RM11.90) and ASTRO (-3 sen to RM3.43). Market breadth was positive with 380 gainers as compared to 361 losers.
The KLCI rebounded from yesterday's losses by ending higher at 1869 points, supported by the gains in Petronas-linked stock. The performance was in line with overnight gains in US market as investor sentiment improved following better-than-expected performance of service sector in May.
As of 5 June 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,247.93 6,396.55 -2,148.62
Proprietary 4,178.52 3,833.41 345.11
Foreign 9,004.58 7,631.65 1,372.94
Individual 31,143.47 30,712.89 430.57
Total Trading Value 48,574.50 M.Baht
Vietnam index ends marginally down as big-caps fall
Vietnam's benchmark VN Index ended 0.43 percent lower in cautious trade on Thursday with losses in large-caps erasing gains in smaller shares.
PetroVietNam Gas , the country's biggest listed firm, lost 1.02 percent while food producer Masan Group fell 2.02 percent.
Volume was low at 59 million shares, against the daily average of 122 million since the beginning of this year,
"Investors are not confident yet. They are worried because the trend (for Vietnamese stocks) in June is often downward or sideway," said analyst Vu Duy Khanh of Navibank Securities.
Here is a snapshot of the VN Index at the close
VN Index 551.10
PREV. CLOSE 553.46
% CHANGE -0.43%
SE Asia Stocks-Thai consumer, hotel shares up; Philippine cautious on inflation
Thai shares rose on Thursday as optimism around the domestic economy gave more boost to consumer and hotelier shares while Philippine stocks were range-bound amid expectations of a possible interest rate hike after higher inflation in May.
Most Southeast Asian stock markets recouped early losses and closed higher as the European Central Bank is expected to ease monetary policy later on Thursday to support a fragile economic recovery.
The SET index closed up 0.26 percent at 1,453.16, falling at one point to 1,444.98. Gains were led by shares of Big C Supercenter and Minor International .
Shares of ethanol producer Thai Agro Energy more than doubled on their debut as investors built an exposure into alternative energy business. The stock closed at 5.6 baht versus the initial public offering price of 2.0 baht.
The military government's economic policy to revive domestic consumption and investment underpinned market sentiment. The index had risen almost 12 percent so far this year, Asia's fifth best, according to Thomson Reuters data.
The Philippine main index ended a tad higher.
Philippine inflation quickened in May to a two-and-a-half year high on costlier food and utilities, prompting expectations the central bank could raise interest rates.
"While hawkish talk would persist, we now think policymakers would prefer rate adjustments in the fourth quarter," said a Citi broker report.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 423.63 422.11 +0.36
Singapore 3279.64 3280.17 -0.02
Kuala Lumpur 1869.00 1865.20 +0.20
Bangkok 1453.16 1449.40 +0.26
Jakarta 4935.56 4932.56 +0.06
Manila 6772.44 6766.57 +0.09
Ho Chi Minh 551.10 553.46 -0.43