ASEAN KEY DESTINATIONS
24 March 2015
The Straits Times Index (STI) ended +3.13 points higher or +0.09% to 3413.26, taking the year-to-date performance to +1.43%.
The FTSE ST Mid Cap Index gained +0.43% while the FTSE ST Small Cap Index gained +0.42%. The top active stocks were SingTel (+0.23%), DBS (-0.15%), UOB (-0.91%), OCBC Bank (+0.77%) and Noble (-0.55%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.15%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+5.17%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Industrials Index, which declined -0.20% with Jardine Matheson Holdings’ share price gaining +0.58% and Jardine Strategic Holdings’ share price gaining +1.13%.
The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (-0.29%), IS MSCI India (+1.02%), SPDR Gold Shares (+0.95%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-1.16%), CapitaMall Trust (+0.93%), Suntec REIT (+0.53%).
The most active index warrants by value today were HSI24200MBePW150429 (+1.82%), HSI24400MBeCW150429 (-6.11%), HSI23600MBePW150429 (+1.43%).
The most active stock warrants by value today were DBS MB eCW150915 (-1.18%), KepCorp MBeCW150901 (-14.29%), OCBC Bk MBeCW150803 (+3.09%).
Singapore Stock Market
*ST Index 3,413.26 +3.13 3,410.13 -2.31
Volume: 1,053.3M 950.4M
Value: $1,018.3M $957.6M
Gainers/Losers: 239/173 218/186
Date As of: Tuesday, March 24, 2015
Description Volume Value Frequency
Total 5,636,498,848 8,122,524,059,836 224,155
ETF 18,000 11,684,900 09
Stock 5,612,133,448 8,121,743,999,636 222,789
Warrant 24,347,400 768,375,300 1,357
As of 24 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,518.22 3,049.84 468.39
Proprietary 4,182.01 4,418.28 -236.28
Foreign 10,601.50 10,991.01 -389.51
Individual 28,343.63 28,186.23 157.40
Total Trading Value 46,645.35 M.Baht
Vietnam index drops 0.6 pct, sentiment down
Vietnam's benchmark VN Index closed 0.61 percent lower on Tuesday to a fresh low unseen since Feb. 5 as foreigners extending sales dampened domestic investors' appetite.
PetroVietNam Gas, Vietnam's top listed firm by market value, dropped 1.32 percent to its lowest close since Jan. 9 at 75,000 dong ($3.49), while Petrovietnam Drilling & Well Services dropped 3.88 percent.
Analysts expected further losses as the market lacked supportive news to reverse an offload trend by both domestic and foreign investors, adding that some bargain hunting may cushion falls around the support level at 550-560 points.
Volume fell to 91.9 million shares on Tuesday, below the five-day average of 107 million shares, while foreign investors sold a net 40.5 billion dong worth of Vietnamese equities.
Here is a snapshot of the VN Index at the close
VN Index 567.43
PREV. CLOSE 570.89
% CHANGE -0.61%
SE Asia Stocks - Indonesia snaps losing streak; most others weak
Indonesian stocks eked out small gains on Tuesday amid a rise in the rupiah and selective buying in large-caps while other Southeast Asian stock
markets were flat-to-weaker after a measure of Chinese factory activity came weaker than expected.
Jakarta's composite index ended the day 0.2 percent higher after two straight days of modest falls. Banking shares were among those actively traded, led by Bank Rakyat Indonesia and Bank Negara Indonesia .
The rupiah rose to its highest in more than two weeks amid uncertainty over the timing of U.S. interest rate hikes and after Indonesia's finance minister said he would work with the central bank to strengthen the currency.
Broker Bahana Securities cut its rating on the market to neutral, with a end-year target of 5,550, and continued to recommend clients to adopt a more defensive strategy in consumer staples and telecoms.
"While sentiment on the IDR has somewhat improved, the central bank's decision on its interest rate policy in the lead up to the upcoming Fed rate hike will remain a crucial determinant for both the equity and currency markets," Bahana Securities' head of research Harry Su said.
Singapore stocks ended little changed for a second straight day, Thai stocks fell for a third day and Vietnam was down 0.6 percent, its second straight loss.
Malaysia rose 1 percent, its first in three days.
The Philippines was down 0.2 percent on the day. It is still up 8.3 percent on the year and is Southeast Asia's best performer, thanks to its economic outperformance.
The Asian Development Bank (ADB) maintained its 2015 GDP growth forecast for the Philippines at 6.4 percent while cutting GDP growth forecasts for the year of most other countries in Southeast Asia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3413.26 3410.13 +0.09
Kuala Lumpur 1814.04 1795.85 +1.01
Bangkok 1514.45 1520.01 -0.37
Jakarta 5447.65 5437.10 +0.19
Manila 7828.94 7840.49 -0.15
Ho Chi Minh 567.43 570.89 -0.61