ASEAN KEY DESTINATIONS
09 June 2014
The Straits Times Index (STI) ended 5.77 points higher or +0.17% to 3305.20, taking the year-to-date performance to +4.43%.
The FTSE ST Mid Cap Index gained +0.22% and the FTSE ST Small Cap Index gained +0.40%. The top active stocks were SingPost (+3.39%), UOB (-0.26%), DBS (-0.06%), SingTel (+0.52%), CapitaMalls Asia (-0.42%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.35%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+1.40%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Utilities Index, which declined -1.44% with United Envirotech’s share price declining -1.13% and Hyflux’s share price declining -0.42%. The FTSE ST Telecommunications Index gained +0.54%. The FTSE ST Oil and Gas Index declined -0.17%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (+1.93%), DBXT MSCI Europe ETF (+1.07%), DBXT MSCI Indonesia ETF (+0.14%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-1.28%), CapitaMall Trust (+1.00%), CapitaCommercial Trust (+0.60%).
The most active index warrants by value today were HSI22800MBeCW140730 (+11.77%), HSI23600MBeCW140730 (+13.85%), HSI23000MBeCW140627 (+11.67%).
The most active stock warrants by value today were DBS MB eCW140901 (-6.31%), DBS MB eCW140905 (-5.82%), KepCorp MBeCW141201 (-4.51%).
Singapore Stock Market
*ST Index 3,305.2 +5.77 3,299.43 +19.79
Volume: 2,329.8M 1,860.9M
Value: $934.6M $1,067.2M
Gainers/Losers: 250/187 247/176
Daily Market Commentary (Securities)
9 Jun 2014
The FBM KLCI index gained 0.99 points or 0.05% on Monday. The Finance Index fell 0.12% to 17166.47 points, the Properties Index dropped 0.00% to 1403.91 points and the Plantation Index rose 0.43% to 9179.08 points. The market traded within a range of 8.53 points between an intra-day high of 1868.77 and a low of 1860.24 during the session.
Actively traded stocks include ETITECH, ASB, SONA, HUBLINE, OPENSYS, PDZ, EFFICEN, IDMENSN, SONA-WA and PUC. Trading volume decreased to 1123.52 mil shares worth RM1237.49 mil as compared to Friday’s 1273.92 mil shares worth RM1402.69 mil.
Leading Movers were PPB (+22 sen to RM15.00), KLK (+14 sen to RM24.04), BAT (+8 sen to RM63.20), TENAGA (+8 sen to RM11.78) and GENTING (+6 sen to RM10.06). Lagging Movers were PETDAG (-24 sen to RM23.90), PETGAS (-6 sen to RM24.20), SKPETRO (-5 sen to RM3.99), RHBCAP (-5 sen to RM8.39) and YTL (-4 sen to RM1.63). Market breadth was negative with 321 gainers as compared to 401 losers.
The KLCI ended flat by marginally up 0.99 points at 1863.69 for the first trading day of the week, amid mild selling in heavyweights led by Petronas-linked counters. Our benchmark index failed to track the overnight gains in US market which was inspired by the positive jobs data.
FTSE SET Index Series June Semi-annual Review
- No changes to FTSE SET Large Cap
- Five additions to the FTSE SET Mid-Cap Index
- Twelve additions to the FTSE SET Shariah Index
Bangkok, June 9, 2014 - FTSE Group ("FTSE"), the award-winning global index provider and the Stock Exchange of Thailand ("SET") announce today that there
are no changes to the FTSE SET Large Cap Index following the semi-annual review of the FTSE SET Index Series.
The FTSE SET Index Series is reviewed semi-annually by the independent FTSE SET Advisory Committee. The committee is made up of leading local and international
market professionals who approve all index changes and ensure that the index review fully complies with a set of highly transparent and publicly available index rules.
A summary of constituent changes to all FTSE SET indices is below:
Indices Additions Deletions
FTSE SET Large Cap Index 0 0
FTSE SET Mid Cap Index 5 6
FTSE SET Small Cap Index 10 16
FTSE SET Fledgling Index 12 7
FTSE SET Shariah Index 12 18
Full details of additions and deletions can be found at www.ftse.com/Indices/FTSE_SET_Index_Series/Index_Reviews.jsp.
All constituent changes will take effect before the start of trading on 23 June 2014. The next review will take place on 3 December 2014.
Further information on the FTSE SET Index Series including ground rules is available at www.ftse.com/thailand and www.set.or.th.
As of 9 June 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,438.82 3,688.68 -249.86
Proprietary 3,486.42 3,354.28 132.14
Foreign 6,882.92 6,751.75 131.17
Individual 25,821.11 25,834.55 -13.44
Total Trading Value 39,629.26 M.Baht
Vietnam index ends up 1.2 pct, more gains expected
Vietnam's benchmark VN Index rose for a second straight session on Monday, as investors welcomed the possibility of expanded foreign ownership in listed securities firms.
The index closed up 1.18 percent at 565.61 points. Shares of Petrovietnam Gas , the country's largest listed firm, ended up 4 percent, followed by top insurer Bao Viet Holdings and Saigon Securities.
"The good news on the higher ceiling for foreign investment continues its impact on shares," said an analyst based in Ho Chi Minh City, adding that the market could rise for one or two more sessions.
The government may allow foreign investors to own more shares in listed brokerages later this year, but gave no specific time for the move, BIDV Securities said in a report.
However, the impact of the news could fade by Wednesday and investors trying to buy shares at rising prices could face risk, the report said.
Here is a snapshot of the VN Index at the close
VN Index 565.61
PREV. CLOSE 559.04
% CHANGE 1.18%
SE Asia Stocks-Thai shares snap 2-day rising streak; Indonesia at 1-month low
Thai stocks retreated on Monday as investors sold construction shares amid concerns about project delays, while Indonesia's benchmark index fell to
one-month low as selling in large caps weighed on one of Southeast Asia's top performers this year.
Losses in Bangkok were led by shares of the biggest builder Italian Thai Development , which came under selling pressure after reports that the military government was freezing water projects which its group was working on.
Italian Thai shares ended down 6.1 percent, their worst drop since January. The broader SET index edged down 0.05 percent, snapping a two-session winning streak.
Shares of telecommunications group True Corp were suspended from trading, pending an announcement. A source with knowledge of the deal said True Corp is to offer an 18 percent stake to China Mobile via a private placement as part of its plans to take on a foreign partner to help with regional expansion.
Jakarta's composite index fell 1.1 percent to 4,885.08, the lowest close since May 8, amid active selling in banking shares such as Bank Rakyat Indonesia and other large-caps such as Telekommunikasi Indonesia.
The loss trimmed its year-to-date gain to 14.3 percent, Southeast Asia's second-best performing bourse after the Philippines <.PSI> which rose 15.5 percent, the region's best performer.
In a report, Morgan Stanley said it continued to recommend Singapore over Indonesia over Thailand. Morgan Stanley said it continued to prefer global cyclicals over domestic consumption stocks and investors would likely do well by positioning their portfolios defensively.
"ASEAN3 equity markets are interestingly perched in search of direction. We see limited upside with relatively full valuations, rising risks and slowing growth," it said in a report.
Singapore's Straits Times Index edged a tad higher, closing at the highest in more than one year.
Stocks in Malaysia , the Philippines and Vietnam rose after U.S. and China data pointed to global recovery.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 426.94 425.86 +0.25
Singapore 3305.20 3299.43 +0.17
Kuala Lumpur 1863.69 1862.70 +0.05
Bangkok 1457.30 1458.02 -0.05
Jakarta 4885.08 4937.18 -1.06
Manila 6802.73 6762.62 +0.59
Ho Chi Minh 565.51 559.04 +1.18