ASEAN KEY DESTINATIONS
10 March 2015
The Straits Times Index (STI) ended -6.31 points lower or -0.19% to 3398.26, taking the year-to-date performance to +0.98%.
The FTSE ST Mid Cap Index declined -0.28% while the FTSE ST Small Cap Index declined -0.31%. The top active stocks were SingTel (unchanged), DBS (-0.05%), Noble (-6.50%), UOB (-0.39%) and OCBC Bank (+0.39%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.71%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+1.27%) and Biosensors International Group (+3.08%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.17% with Midas Holdings’s share price declining -3.13% and Geo Energy Resources’s share price unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.24%), IS MSCI India (-0.88%), ISHARES USD Asia HY Bond ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.22%), CapitaMall Trust (-0.48%), ParkwayLife REIT (-1.25%).
The most active index warrants by value today were HSI25000MBeCW150429 (-13.79%), HSI24400MBeCW150429 (-12.10%), HSI23800MBePW150330 (+16.22%).
The most active stock warrants by value today were DBS MB eCW150420 (+3.64%), SGX MB eCW150803 (-0.81%), UOB MB eCW150701 (-0.76%).
Singapore Stock Market
*ST Index 3,398.26 -6.31 3,404.57 -12.94
Volume: 1,166.5M 1,178.2M
Value: $1,180.7M $1,211.7M
Gainers/Losers: 174/250 144/287
Daily Market Commentary (Securities)
10 March 2015
The FBM KLCI index lost 2.01 points or 0.11% on Tuesday. The Finance Index increased 0.52% to 15985.85 points, the Properties Index up 0.17% to 1308.69 points and the Plantation Index down 0.79% to 7822.01 points. The market traded within a range of 9.32 points between an intra-day high of 1799.05 and a low of 1789.73 during the session.
Actively traded stocks include XINGHE, TMS, WINTONI, PRIVA, FLONIC, ETITECH, KNM, NEXGRAM, REACH-WA and CLIQ-WA. Trading volume increased to 2538.31 mil shares worth RM2319.45 mil as compared to Monday’s 2136.88 mil shares worth RM1868.01 mil.
Leading Movers were SKPETRO (+9 sen to RM2.40), CIMB (+15 sen to RM5.95), PPB (+18 sen to RM14.62), GENM (+3 sen to RM4.05) and HLFG (+12 sen to RM17.00). Lagging Movers were DIGI (-16 sen to RM6.18), IOICORP (-9 sen to RM4.55), SIME (-17 sen to RM9.17), YTL (-2 sen to RM1.57) and BAT (-82 sen to RM67.72). Market breadth was positive with 457 gainers as compared to 350 losers.
The day ended with the KLCI closing lower at 1789.73 points, despite the positive overnight performance in US market as worries of rate hike eased. Investor’s sentiment remained cautious following the decline of China’s producer prices data in February that shows world's second largest economy is headed for outright deflation.
Date As of: 10 March 2015
Description Volume Value Frequency
ETF 204,600 109,001,500 549
Stock 7,759,310,387 6,206,983,161,245 267,621
Warrant 34,218,900 1,040,518,200 924
Total 7,793,733,887 6,208,132,680,945 269,094
As of 10 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 4,599.02 7,822.03 -3,223.02
Proprietary 3,608.77 4,879.23 -1,270.46
Foreign 9,872.38 8,728.98 1,143.39
Individual 28,173.95 24,823.87 3,350.08
Total Trading Value 46,254.11 M.Baht
Vietnam index gains 0.2 pct, led by banks, GAS
Vietnam shares closed 0.2 percent higher on Tuesday, after three declines in a row, with bank stocks and PetroVietnam Gas <GAS.HM> supporting the key VN Index..
The benchmark index closed up 1.2 points, at 589.66, with Vietcombank, the country's largest listed lender by market capitalisation, gaining 1.1 percent. Eximbank rose 0.76 percent while VietinBank was 0.53 percent higher.
Plans by Vietnam's central bank to consolidate the banking system, and a new rule on ownership structure are likely to benefit the sector, Fitch Ratings said on Tuesday.
PetroVietnam Gas, Vietnam's largest listed firm, rose 0.64 percent, lending more support to the index which touched a 3-1/2-month closing high last Wednesday before falls between March 5-9.
The VN Index, among Southeast Asia's best performing markets, has risen 8 percent so far this year.
Following is a snapshot of the VN Index at the close.
VN Index 589.66
PREV. CLOSE 588.44
% CHANGE 0.21
SE Asia Stocks-Thai stocks fall as investors await rate decision
Thai shares posted their biggest single-day loss in almost three months on Tuesday as a bout of late selling in energy stocks weighed, while banks
snapped a three-day rising streak ahead of the central bank's decision on interest rates.
Other markets in Southeast Asia were range-bound amid weak sentiment in Asia on concerns the U.S. Federal Reserve would increase interest rates by mid-year.
The key SET index fell 1.8 percent, the biggest single-day fall since Dec. 15.
Shares of PTT Exploration and Production , the no. 2 energy firm by market value, shed 4.9 percent while third-ranked PTT Global Chemical slipped 2.2 percent.
The banking subindex declined 2.7 percent after a third straight gain on Monday to the highest in more than one week. Investors lowered risks on a possible cut in policy rates by the Bank of Thailand, dealers said.
Prime Minister General Prayuth Chan-ocha said on Tuesday Thailand should not rush to cut interest rates, backing market expectations that the central bank would leave policy unchanged at Wednesday's meeting.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3398.26 3404.57 -0.19
Kuala Lumpur 1789.73 1791.74 -0.11
Bangkok 1531.04 1559.71 -1.84
Jakarta 5462.93 5444.63 +0.34
Manila 7828.48 7820.29 +0.10
Ho Chi Minh 589.66 588.44 +0.21