ASEAN KEY DESTINATIONS
13 March 2015
The Straits Times Index (STI) ended -10.83 points lower or -0.32% to 3362.77, taking the year-to-date performance to -0.07%.
The FTSE ST Mid Cap Index gained +0.18% while the FTSE ST Small Cap Index gained +0.16%. The top active stocks were DBS (+0.21%), SingTel (+0.73%), UOB (-0.18%), OCBC Bank (-0.48%) and Noble (+2.15%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.67%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (unchanged) and Hyflux (-1.15%). The underperforming sector was the FTSE ST Consumer Goods Index, which declined -1.43% with Wilmar International’s share price declining -1.23 % and Thai Beverage’s share price declining -3.33%.
The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (-0.30%), Nikko Am Singapore STI ETF (+0.29%), iShares USD Asia HY Bond ETF (+0.19%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+2.42%), Ascendas REIT (+0.81%), CapitaCom Trust (-0.29%).
The most active index warrants by value today were HSI23600MBePW150429 (-2.17%), HSI24400MBeCW150429 (-2.08%), HSI23800MBePW150330 (+12.90%).
The most active stock warrants by value today were DBS MB eCW150420 (+4.40%), OCBC Bk MBeCW150803 (-2.15%), SGX MB eCW150803 (-6.03%).
Singapore Stock Market
*ST Index 3,362.77 -10.83 3,373.6 -4.99
Volume: 1,110.6M 1,274.3M
Value: $910.3M $1,012.5M
Gainers/Losers: 215/192 188/228
Daily Market Commentary (Securities)
13 March 2015
The FBM KLCI index lost 5.12 points or 0.29% on Friday. The Finance Index fell 0.07% to 15858.72 points, the Properties Index dropped 0.34% to 1308.55 points and the Plantation Index down 0.21% to 7770.79 points. The market traded within a range of 7.61 points between an intra-day high of 1789.36 and a low of 1781.75 during the session.
Actively traded stocks include SUMATEC, GENETEC, NEXGRAM, WINTONI, MQTECH, DGSB, PDZ, SUMATEC-WB, RA and MEXTER. Trading volume increased to 2962.83 mil shares worth RM1823.21 mil as compared to Thursday’s 2948.39 mil shares worth RM2187.72 mil.
Leading Movers were KLCC (+11 sen to RM7.03), GENM (+5 sen to RM4.12), CIMB (+7 sen to RM5.92), MAXIS (+8 sen to RM7.15) and HLFG (+6 sen to RM17.00). Lagging Movers were SKPETRO (-7 sen to RM2.34), PPB (-30 sen to RM14.12), BAT (-130 sen to RM67.50), MISC (-14 sen to RM8.20) and GENTING (-12 sen to RM8.21). Market breadth was negative with 372 gainers as compared to 471 losers.
The KLCI ended the week with on a negative note, closing lower at 1781.75 points amid absence of fresh leads. Investors’ sentiment remained cautious following the decline of US retail sales in February.
As of 13 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 5,333.23 4,609.49 723.73
Proprietary 3,554.32 4,622.46 -1,068.13
Foreign 9,819.22 9,181.38 637.83
Individual 27,985.10 28,278.53 -293.43
Total Trading Value 46,691.86 M.Baht
Vietnam index ends at 1-month low; energy stocks fall
Vietnam's benchmark VN Index ended down 0.4 percent on Friday, a one-month low, as investors sold shares of energy companies following a
parliamentary panel's decision to triple environment tax on oil products.
A National Assembly committee approved a Finance Ministry plan on March 10 to triple the environment tax on petrol and most oil products from May 1, the government said on Wednesday.
The index closed at the session low of 586.10, its lowest since Feb. 12. Volumes rose 17.6 percent from Thursday to 97.28 million shares, above the five-day average of 94.07 million shares.
PetroVietnam Gas, the country's largest listed firm, dropped 1.3 percent, PV Drilling lost 1.8 percent and PV Trans dipped 0.7 percent.
Following is a snapshot of the VN Index at the close .
VN Index 586.10
PREV. CLOSE 588.53
% CHANGE -0.41
SE Asia Stocks-Fall on rate hike concerns ahead of U.S. Fed meet next week
Southeast Asian stock markets fell on Friday as investors turned cautious ahead of a likely decision on U.S. interest rates at the Federal Reserve's policy meeting next week, with the Thai benchmark snapping a two-day gain after a bout of late selling.
The Thai SET index closed down 0.2 percent at 1,541.55 on Friday, posting its fourth straight weekly loss and the worst among regional peers. The index was down 1.7 percent on the week.
Others ended the week lower as investors stayed on the defensive although an unexpected fall in U.S. retail sales in February helped temper prospects of an interest rate hike.
Indonesia dropped 1.6 percent on the week after five straight weeks of gains, with concerns over a falling rupiah <IDR=> denting market sentiment.
A Reuters poll showed Indonesia's central bank is expected to hold its key policy rate steady on Tuesday in the wake of the rupiah's slide to its lowest level against the dollar in nearly 17 years.
Singapore posted a weekly decline of 1.6 percent. Malaysia was down 1.4 percent on the week, followed by Vietnam's 1.3 percent fall and the Philippines' 0.7 percent loss.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3362.77 3373.60 -0.32
Kuala Lumpur 1781.75 1786.87 -0.29
Bangkok 1541.55 1544.34 -0.18
Jakarta 5426.77 5439.83 -0.25
Manila 7809.54 7839.82 -0.39
Ho Chi Minh 586.10 588.53 -0.41