ASEAN KEY DESTINATIONS
06 June 2014
The Straits Times Index (STI) ended 19.79 points higher or +0.60% to 3299.43, taking the year-to-date performance to +4.25%.
The FTSE ST Mid Cap Index gained +0.17% and the FTSE ST Small Cap Index gained +0.24%. The top active stocks were DBS (+0.35%), SingTel (unchanged), OCBC Bank (+0.31%), STATS ChipPAC (+7.50%), Keppel Corp (+0.47%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.65%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+0.94%) and STATS ChipPAC (+7.50%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.40% with United Envirotech’s share price remaining unchanged and Hyflux’s share price gaining +0.85%. The FTSE ST Telecommunications Index gained +0.09%. The FTSE ST Oil & Gas Index gained +0.44%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (+1.12%), SPDR Gold Shares (+1.02%), UNITED FT/XINHUA China A50 ETF (-1.41%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+0.50%), CapitaCommercial Trust (-0.90%), Suntec REIT (+0.55%).
The most active index warrants by value today were HSI23600MBeCW140730 (-17.72%), HSI23000MBeCW140627 (-21.05%), HSI22600MBePW140627 (+19.23%).
The most active stock warrants by value today were DBS MB eCW140901 (+0.91%), UOB MB eCW140901 (+14.41%), KepCorp MBeCW141201 (+3.10%).
Singapore Stock Market
*ST Index 3,299.43 +19.79 3,279.64 -0.53
Volume: 1,860.9M 2,030.7M
Value: $1,067.2M $1,047.7M
Gainers/Losers: 247/176 246/173
Daily Market Commentary (Securities)
6 Jun 2014
The FBM KLCI index lost 6.30 points or 0.34% on Friday. The Finance Index fell 0.19% to 17187.39 points, the Properties Index dropped 0.34% to 1403.93 points and the Plantation Index down 0.09% to 9139.33 points. The market traded within a range of 10.41 points between an intra-day high of 1870.61 and a low of 1860.20 during the session.
Actively traded stocks include ETITECH, SONA, SONA-WA, HUBLINE, ASB, TGOFFS, SALCON, HARVEST, BJCORP and AAX. Trading volume decreased to 1273.92 mil shares worth RM1402.69 mil as compared to Thursday’s 1494.18 mil shares worth RM1867.34 mil.
Leading Movers were RHBCAP (+22 sen to RM8.44), BAT (+12 sen to RM63.12), MAXIS (+9 sen to RM6.72), MISC (+7 sen to RM6.20) and ASTRO (+4 sen to RM3.47). Lagging Movers were PETDAG (-56 sen to RM24.14), PPB (-42 sen to RM14.78), PETGAS (-28 sen to RM24.26), TENAGA (-20 sen to RM11.70) and PBBANK (-12 sen to RM20.78). Market breadth was negative with 323 gainers as compared to 397 losers.
The FBM KLCI fell 6.30 points to end the last trading day of the week at 1862.70, despite overnight gains in the US following European Central Bank’s stimulus. The performance of our benchmark index was weighed down by selling in Petronas-linked counters and Tenaga.
Date As of: 06 June 2014
Description Volume Value Frequency
ETF 12,300 1,396,500 04
Stock 4,685,954,122 4,639,822,727,118 157,767
Right 15,220,300 182,642,900 07
Warrant 23,042,700 834,994,500 1,784
Total 4,724,229,422 4,640,841,761,018 159,562
As of 6 June 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,273.94 5,970.57 -696.63
Proprietary 3,486.39 3,213.72 272.67
Foreign 8,232.59 7,925.69 306.90
Individual 28,398.60 28,281.54 117.06
Total Trading Value 45,391.52 M.Baht
Vietnam index ends up 1.44 pct, hopes for higher foreign stake
Vietnam's benchmark VN Index ended up 1.44 percent on Friday on expectations of an imminent rise in the foreign investment ceiling in listed brokerage firms, analysts said.
"There has been some information in the market that the government will be allowing foreign investors to hold 100 percent stake in listed securities firms on Friday," said analyst Nguyen The Minh at Viet Capital Securities.
Chairman of the State Securities Commission Vu Bang told local media on Friday afternoon that opening more rooms for foreign investors should be done soon.
Saigon Securities Incorp advanced 6.87 percent and Ho Chi Minh City Securities rose 7 percent.
Here is a snapshot of the VN Index at the close
VN Index 559.04
PREV. CLOSE 551.1
% CHANGE 1.44%
SE Asia Stocks -Thai shares post best weekly gain since Jan on policy hopes
Thai shares closed above seven-month highs on Friday, ending the week with their best gains since January, due to buying in consumer and construction shares as the government's investment plans revived economic outlook.
The SET index was up 0.3 percent at 1,458.02, its highest close since Oct. 24. The benchmark rose 3 percent on the week, Southeast Asia's best performer, in part driven by shares in the commerce sector.
Shares of retailers received a boost after the military government's acceleration of rice payments to farmers was seen to indicate better urban spending prospects. Big C Supercenter jumped 9.5 percent on the week to an around seven-month high.
The Commerce Ministry said prices of many comsumer goods would be capped for six months to November to hold down living costs, boosting the economy and confidence.
Foreign investors bought Thai shares for a fifth straight day on Friday. Their net buying this week was worth 8 billion baht ($245 million) versus net selling of 33 billion baht ($1.01 billion) in nine sessions since the imposition of martial law on May 20.
The Thai economy has bottomed in May, economist Pragrom Pathomboorn of Broker KGI Securities said.
"Foreign investors bought back shares after panic selling and investment policy limitations due to the martial law. The market upside is justified as economic recovery is on track on the back of fiscal stimulus," he added.
Other stock markets in Southeast Asia mostly gained on Friday in line with their local currencies as the European Central Bank's policy easing boosted hopes of increased capital flows to Asia.
Stocks in Indonesia ended the day almost unchanged, up nearly 1 percent on the week, as investors awaited Bank Indonesia's interest rate review next week.
Philippine shares were nearly flat after higher-than-expected inflation in May triggered expectations of higher interest rates. The Philippine index posted a weekly gain of 1.7 percent, the region's second best.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 425.86 423.60 +0.53
Singapore 3299.43 3279.64 +0.60
Kuala Lumpur 1862.70 1869.00 -0.34
Bangkok 1458.02 1453.16 +0.33
Jakarta 4937.18 4935.56 +0.03
Manila 6762.62 6772.44 -0.14
Ho Chi Minh 559.04 551.10 +1.44