ASEAN KEY DESTINATIONS
20 March 2015
The Straits Times Index (STI) ended +26.28 points higher or +0.78% to 3412.44, taking the year-to-date performance to +1.41%.
The FTSE ST Mid Cap Index gained +0.18% while the FTSE ST Small Cap Index gained +0.36%. The top active stocks were SingTel (+1.18%), DBS (+0.50%), UOB (+1.10%), Keppel Corp (+1.84%) and Noble (+2.94%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+2.04%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.84%) and Sembcorp Industries (+0.70%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.82% with Midas Holdings’s share price declining -1.72% and Geo Energy Resources’s share price unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.43%), ISHARES USD Asia Bond ETF (unchanged), STI ETF (+0.89%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+4.00%), CapitaCom Trust (-2.30%), CapitaMall Trust (-0.46%).
The most active index warrants by value today were HSI24400VTePW150429 (+2.26%), HSI24800VTePW150429 (unchanged), HSI24200MBePW150429 (+3.36%).
The most active stock warrants by value today were DBS MB eCW150420 (+11.97%), OCBC Bk MBeCW150803 (+8.99%), UOB MB eCW150701 (+13.08%).
Singapore Stock Market
*ST Index 3,412.44 +26.28 3,386.16 +24.41
Volume: 1,268.7M 1,202.4M
Value: $1,537.7M $1,180.2M
Gainers/Losers: 247/184 229/230
Daily Market Commentary (Securities)
20 March 2015
The FBM KLCI index lost 5.48 points or 0.30% on Friday. The Finance Index fell 0.40% to 15968.45 points, the Properties Index up 0.00% to 1303.7 points and the Plantation Index down 0.11% to 7802.05 points. The market traded within a range of 8.16 points between an intra-day high of 1806.90 and a low of 1798.74 during the session.
Actively traded stocks include MQTECH, ETITECH, SUMATEC, TENAGA, YFG, TMS, XINGHE, CME, WINTONI and PARKSON. Trading volume decreased to 2123.92 mil shares worth RM3137.65 mil as compared to Thursday’s 2211.36 mil shares worth RM1845.51 mil.
Leading Movers were BAT (+98 sen to RM68.60), IHH (+7 sen to RM5.77), AMMB (+4 sen to RM6.20), UMW (+4 sen to RM10.84) and TM (+2 sen to RM7.02). Lagging Movers were RHBCAP (-21 sen to RM7.82), YTL (-3 sen to RM1.62), PPB (-26 sen to RM14.98), PETCHEM (-8 sen to RM5.12) and HLFG (-24 sen to RM16.88). Market breadth was negative with 325 gainers as compared to 471 losers.
The KLCI dropped 5.48 points to end at 1803.65 points, taking cue from lower overnight closing in Wall Street. The performance of our benchmark index was dragged down by selling in banking counters.
Date As of: 20 March 2015
Description Volume Value Frequency
ETF 00 00 00
Stock 6,565,817,769 7,126,171,610,741 244,696
Warrant 51,256,900 3,663,282,700 914
Total 6,617,074,669 7,129,834,893,441 245,610
As of 20 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 2,988.96 4,880.70 -1,891.75
Proprietary 5,401.17 3,857.71 1,543.46
Foreign 15,042.29 15,432.40 -390.12
Individual 21,319.34 20,580.94 738.40
Total Trading Value 44,751.75 M.Baht
Vietnam index rises 0.3 pct, volume picks up
Vietnam's benchmark VN Index closed up 0.3 percent on Friday on heavy volume as investors unloaded stocks, after recovering from a five-week low
hit in the previous session.
A total of 151.54 million shares changed hand, well above the five-day average of 109.49 million shares and a jump of 79 percent from Thursday's volume, based on Reuters data.
Petrovietnam Transportation Corp led the gainers, rising 5.26 percent, followed by steel maker Hoa Phat Group and Baoviet Holdings , Vietnam's largest insurer.
The recovery could be brief and investors should take the opportunity to sell stocks at every rise in the index, BIDV Securities said in a note to clients.
Here is a snapshot of the VN Index at the close
VN Index 575.44
PREV. CLOSE 573.74
% CHANGE 0.30%
SE Asia Stocks - Major markets retreat; Thai VAT rate plan lifts retailers
Most major Southeast Asian stock markets fell on Friday as investors booked profits a day after a rally on easing concerns about an imminent Fed rate
hike, but Thai retailers outperformed after a plan to maintain the value-added tax rate.
Late buying in shares such as Home Product and Big C Supercenter helped trim losses in the broader market. The SET index ended the day down 0.14 percent, with a weekly loss of 0.75 percent, its fifth straight week.
Thai Deputy Prime Minister Pridiyathorn Devakula said on Friday the government plans to keep the value-added tax at 7 percent for another year from the end of September to support the economy.
Malaysia and Indonesia retreated but still ended the week up 1.2 percent and 0.3 percent, respectively. The Philippines closed nearly unchanged after early losses, with a weekly rise of 0.1 percent.
Vietnam closed up 0.3 percent on the day, declining 1.8 percent on the week.
Asian stocks dipped as Federal Reserve-inspired gains petered out. The Fed on Wednesday opened the door further for an interest rate hike but signalled a more cautious outlook for U.S. growth, cooling speculation for tightening in June.
Bucking the trend, Singapore was up 0.8 percent, advancing 1.5 percent on the week. Shares of Noble Group jumped 3 percent after it said Prudential Plc has increased its stake in the company to more than 5 pct and become a substantial shareholder
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3412.44 3386.16 +0.78
Kuala Lumpur 1803.65 1809.13 -0.30
Bangkok 1529.96 1532.13 -0.14
Jakarta 5443.06 5453.85 -0.20
Manila 7818.38 7814.55 +0.05
Ho Chi Minh 575.44 573.74 +0.30