ASEAN KEY DESTINATIONS
17 March 2015
The Straits Times Index (STI) ended -6.09 points lower or -0.18% to 3369.95, taking the year-to-date performance to +0.14%.
The FTSE ST Mid Cap Index declined -0.40% while the FTSE ST Small Cap Index declined -0.36%. The top active stocks were DBS (+0.41%), SingTel (+0.48%), UOB (-0.53%), Noble (-3.23%) and Keppel Corp (-0.92%).
The outperforming sectors today were represented by the FTSE ST Telecommunications Index (+0.40%). The two biggest stocks of the FTSE ST Telecommunications Index are SingTel (+0.48%) and StarHub (-0.24%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.53% with Midas Holdings’ share price declining -3.28% and Geo Energy Resources ’ share price gaining +1.05%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (unchanged), United SSE 50 China ETF (+2.12%), SPDR Gold Shares (-0.58%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (unchanged), Ascendas REIT (-0.80%), Suntec REIT (+0.27%).
The most active index warrants by value today were HSI24400MBeCW150429 (-8.65%), HSI23600MBePW150429 (+1.71%), HSI25000MBeCW150429 (-8.70%).
The most active stock warrants by value today were DBS MB eCW150420 (+5.10%), UOB MB eCW150701 (-7.56%), OCBC Bk MBeCW150803 (-6.67%).
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 3,369.95 -6.09 3,376.04 +13.27
Volume: 1,372M 1,064.2M
Value: $1,150.2M $901.1M
Gainers/Losers: 177/288 155/284
Daily Market Commentary (Securities)
17 March 2015
The FBM KLCI index gained 7.33 points or 0.41% on Tuesday. The Finance Index increased 0.37% to 15912.53 points, the Properties Index up 0.27% to 1300.79 points and the Plantation Index down 0.32% to 7728.72 points. The market traded within a range of 9.44 points between an intra-day high of 1789.40 and a low of 1779.96 during the session.
Actively traded stocks include ETITECH, PRIVA, SUMATEC, WINTONI, PUC, NEXGRAM, INGENCO, GENETEC, APFT and PUC-WA. Trading volume increased to 2494.11 mil shares worth RM1835.11 mil as compared to Monday’s 2457.61 mil shares worth RM1896.22 mil.
Leading Movers were PPB (+28 sen to RM14.50), YTL (+3 sen to RM1.61), GENM (+7 sen to RM4.14), ASTRO (+4 sen to RM3.09) and MISC (+10 sen to RM8.30). Lagging Movers were IOICORP (-4 sen to RM4.51), BAT (-52 sen to RM66.90), UMW (-6 sen to RM10.76), FGV (-1 sen to RM2.11) and DIGI (-1 sen to RM6.27). Market breadth was negative with 347 gainers as compared to 490 losers.
The KLCI rebounded from yesterday’s losses by ending 7.33 points higher at 1787.87, taking cue from overnight rally on Wall Street after the US Federal Reserve hinted it might hold the interest rates. The performance of our benchmark was shored up by buying in heavyweight counters such as YTL, Genting and Astro.
Date As of: 17 March 2015
Description Volume Value Frequency
ETF 1,200 1,035,000 03
Stock 7,586,684,560 6,150,553,679,951 225,656
Warrant 34,669,400 1,471,744,500 2,245
Total 7,621,355,160 6,152,026,459,451 227,904
As of 17 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,903.32 6,115.20 -2,211.87
Proprietary 3,954.64 4,755.66 -801.03
Foreign 10,377.33 8,400.25 1,977.08
Individual 25,563.48 24,527.65 1,035.82
Total Trading Value 43,798.76 M.Baht
Vietnam index edges up 0.2 pct, sentiment cautious
Vietnam's benchmark VN Index closed up 0.17 percent at 581.76 points on Tuesday as offloads by cautious investors hampered earlier gains.
Hanoi-based Vietcombank , the country's top lender by capitalisation, ticked up 1.13 percent, leading the risers that pushed the index to as high as 583.59 points in early trade, before selling increased nearer to the market close.
"In short runs, the market will not observe enough positive signals for investors," said Vietcombank Securities in a note to clients on Tuesday. "Investors should hold back their disbursement in the market and wait for further improvement."
Here is a snapshot of the VN Index at the close
VN Index 581.76
PREV. CLOSE 580.8
% CHANGE 0.17%
SE Asia Stocks-Indonesia up slightly; cbank holds key rate as expected
Indonesian stocks posted modest gains on Tuesday after the central bank kept its benchmark rate steady as expected, while most others in
Southeast Asia ended higher as investors awaited U.S. Federal Reserve meeting for interest rate direction.
Jakarta composite index closed up 0.07 percent after a rangebound session. Foreign inflows lifted selected stocks such as Astra International and Semen Indonesia , seen among beneficiaries of domestic spending.
Indonesia's central bank, which last month surprisingly cut its benchmark rate , held it steady at 7.50 percent on Tuesday, saying the level of the rate is consistent with efforts to contain inflation and the current account deficit.
Stocks in Malaysia , the Philippines and Vietnam snapped two days of falls, with banks such as Public Bank and BDO Unibank leading among gainers.
Singapore shares reversed early gains and fell 0.2 percent while Thai shares eased 0.2 percent, extending their slides for a third trading day to the lowest close since Jan. 7.
Fed policymakers will kick off their two-day meeting on Tuesday, and many analysts expected them to remove the "patient" reference to rate rises from their policy statement.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3369.95 3376.04 -0.18
Kuala Lumpur 1787.87 1780.54 +0.41
Bangkok 1512.84 1515.57 -0.18
Jakarta 5439.15 5435.27 +0.07
Manila 7789.10 7730.95 +0.75
Ho Chi Minh 581.76 580.80 +0.17