ASEAN KEY DESTINATIONS
26 March 2014
The Straits Times Index (STI) ended +39.15 points higher or +1.26% to 3143.32, taking the year-to-date performance to -0.68%.
The FTSE ST Mid Cap Index gained +0.36% while the FTSE ST Small Cap Index gained +0.39%. The top active stocks were DBS (+0.94%), UOB (+2.12%), Noble Group (+5.00%), SingTel (+1.12%) and OCBC Bank (+1.49%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+2.35%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Strategic Holdings (+3.08%) and Jardine Matheson Holdings (+3.95%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.01% with Hyflux’s share price gaining +0.82% and HanKore’s share price declining -0.71%.The FTSE ST Basic Materials Index gained +0.71%. The FTSE ST Financials Index gained +0.85%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.32%), SPDR Straits Times Index ETF (+0.64%), DBXT CSI300 ETF (-0.93%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.38%), Suntec REIT (+0.31%), CapitaMall Trust (+0.27%).
The most active index warrants by value today were HSI21800MBePW140429 (-8.93%), HSI21400MBeCW140429 (+9.56%), HSI22200MBeCW140429 (+10.61%).
The most active stock warrants by value today were UOB MB eCW140701 (+18.70%), NobleGrpMBeCW150102 (+15.00%), DBS MB eCW140604 (+5.56%).
Singapore Stock Market
*ST Index 3,143.32 +39.15 3,104.17 -7.66
Volume: 2,320.6M 1,830.3M
Value: $1,370.2M $881M
Gainers/Losers: 253/161 181/225
Daily Market Commentary (Securities)
26 Mar 2014
The FBM KLCI index gained 1.97 points or 0.11% on Wednesday. The Finance Index increased 0.21% to 16575.84 points, the Properties Index dropped 0.04% to 1348.55 points and the Plantation Index rose 0.07% to 8920.06 points. The market traded within a range of 5.16 points between an intra-day high of 1839.96 and a low of 1834.80 during the session.
Actively traded stocks include INGENCO, GPACKET, XDL, GPACKET-WA, DSONIC-CA, MAS, TIGER-WB, XDL-WA, SOLUTN and INSAS. Trading volume increased to 2084.31 mil shares worth RM1974.55 mil as compared to Tuesday’s 2039.32 mil shares worth RM2009.59 mil.
Leading Movers were SKPETRO (+6 sen to RM4.39), TM (+9 sen to RM6.20), DIGI (+5 sen to RM5.34), PBBANK (+6 sen to RM19.20) and IHH (+4 sen to RM3.78). Lagging Movers were IOICORP (-5 sen to RM4.76), CIMB (-3 sen to RM7.12), BAT (-68 sen to RM59.50), PETGAS (-12 sen to RM23.70) and UMW (-12 sen to RM10.68). Market breadth was positive with 445 gainers as compared to 336 losers.
The KLCI extended yesterday’s gains to close 1.97 points higher at 1839.14, tracking the overnight gains in Wall Street as investor sentiment was buoyed by the upbeat US consumer data. The gain in our benchmark index was supported by buying interest in selected blue chip counters led by SAKP and TM.
Date As of: 26 March 2014
Description Volume Value Frequency
ETF 6,100 4,693,400 57
Stock 5,557,523,153 5,834,586,723,985 200,886
Warrant 19,925,500 1,593,840,500 683
Total 5,577,454,753 5,836,185,257,885 201,626
Thai bourse joins RobecoSAM to prepare Thai firms for DJSI
BANGKOK, March 26, 2014 - The Stock Exchange of Thailand (SET), jointly with RobecoSAM AG, an internationally-known sustainability investment specialist, has recently held an exclusive training program, called "DJSI Exclusive Training," to coach 31 Thai companies, making them well-prepared to participate in the sustainability assessment of the Dow Jones Sustainability Indices (DJSI), the globally-recognized sustainability benchmarks, as a part of SET's long-term capital market development to support listed companies' sustainable growth.
The 31 companies, consisting of 30 listed companies and one non-listed company, were selected to be in sustainability assessment for DJSI, namely ADVANC, AOT, BANPU, BAY, BBL, BEC, BGH, BH, BIGC, BTS, CPALL, CPF, CPN, DTAC, GLOW, INTUCH, IRPC, IVL, KBANK, KTB, MINT, PTT, PTTEP, PTTGC, SCB, SCC, TOP, TMB, TRUE, TUF and Thai Beverage pcl, a non-Thai listed company.
SET Executive Vice President Bordin Unakul said SET has invited experts from Swiss-based RobecoSAM, working with S&P Dow Jones Indices to produce DJSI, to increase readiness for the 31 firms having passed a screening selection for DJSI and then would be invited to participate in the corporate sustainability assessment in April-May. The finalists to be constituents of DJSI will be announced in September 2014.
"It's significant for companies to be qualified and selected to be members of DJSI. This will boost attractiveness to both domestic and foreign investors and enhance trust on business operations with high commitment on social responsibility together with good performances, resulting in sustainable growth.
SET has continuously held exclusive activities, such as CEO Forums and Coaching Workshops, to enhance their expertise and potential," Bordin added.
In 2013, there were three Thai listed companies selected into DJSI World, namely PTT pcl (PTT), PTT Global Chemical pcl (PTTGC) and Siam Cement pcl (SCC). These three companies, as well as Thai Oil pcl (TOP) were also added into DJSI Emerging Markets.
As of 26 March 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,210.73 1,842.50 368.24
Proprietary 3,079.36 1,878.01 1,201.35
Foreign 5,729.56 5,655.05 74.51
Individual 10,099.66 11,743.76 -1,644.10
Total Trading Value 21,119.31 M.Baht
Vietnam index closes at 2-wk low on margin selling
Vietnam's benchmark VN Index ended down 2.29 percent at 588.06 points on Wednesday, the lowest level in more than two weeks, due in part to strong selling from retail investors as they reduced margin trading, analysts said.
Individual investors, attracted by the index's strong gains, have borrowed large funds from brokerage firms to multiply their profits, analysts said. The index had risen almost 20 percent as of Tuesday, Reuters data showed.
Analysts said selling by both domestic retailers and foreigners has prompted the index to post the biggest drop in seven months.
A total of 259 million shares changed hand on Wednesday, slightly below the record high of 261 million shares set the previous day.
So far in March, foreign investors have sold 7.2 trillion dong ($341.31 million) worth of shares, 30 percent above the value of their purchase, the exchange's data showed.
Nearly 70 percent of shares lost ground, led by Vietcombank , the country's largest listed lender, which fell 4.1 percent. PetroVietNam Gas , Vietnam's biggest listed firm, dropped 1.8 percent and property firm Vingroup fell 3.92 percent.
But the index might edge up soon thanks to strong buying demand around the 590-point support level, analysts said.
Here is a snapshot of the VN Index at the close.
VN Index 588.06
PREV. CLOSE 601.85
% CHANGE -2.29%
SE Asia Stocks-Thai shares rise amid portfolio buying; Singapore more than 2-month high
Thai shares rose for a second day, led by large-cap and dividend-yielding stocks, while shares in Singapore hit their highest in more than two months as upbeat U.S. data and hopes about China's economic stimulus boosted sentiments.
Gains in shares of Advanced Info Service PCL, the third-biggest company by market value, and active buying in utility firm Glow Energy PCL helped lift the broader Thai market.
The SET index closed up 0.5 percent at 1,360.44. Domestic institutions were major buyers of Thai shares on Wednesday.
Brokers expect limited gains near term thanks to rising political risk.
Anti-government protesters marched in Bangkok on Tuesday to drum up support for a rally at the weekend, just before Thailand holds elections for the Senate, which will play a central role in their aim of removing Prime Minister Yingluck Shinawatra.
Data released on Wednesday showed Thai exports rose more than expected in February but imports plunged again, which might show how the country's long political crisis is hitting domestic demand.
Singaporer's benchmark Straits Times index was up 1.3 percent at 3,143.32, the highest close since Jan. 10, as MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.2 percent.
Foreign investors bought shares in the region, according to stock exchange and Thomson Reuters data.
The Philippines posted a net inflows of 417.5 million peso ($9.26 million), Malaysia's 62.79 million ringgit ($19 million) and Indonesia's 107.7 billion rupiah ($9.46 million).
Vietnam bucked the trend, falling 2.3 percent as individual investors sold stocks to reduce margin trading.
For Asian Companies click; urn:newsml:reuters.com:*:nTOPEQA For South East Asia Hot Stock reports, click;
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 403.13 400.77 +0.59
Singapore 3143.32 3104.17 +1.26
Kuala Lumpur 1839.14 1837.17 +0.11
Bangkok 1360.44 1354.01 +0.47
Jakarta 4728.24 4703.09 +0.53
Manila 6348.50 6336.34 +0.19
Ho Chi Minh 588.06 601.85 -2.29