ASEAN KEY DESTINATIONS
27 March 2015
The Straits Times Index (STI) ended +18.51 points higher or +0.54% to 3450.1, taking the year-to-date performance to +2.52%.
The FTSE ST Mid Cap Index gained +0.18% while the FTSE ST Small Cap Index gained +0.47%. The top active stocks were SingTel (+1.38%), DBS (-0.15%), UOB (+1.13%), Golden Agri-Res (+7.41%) and Keppel Corp (-1.11%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+2.32%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (-0.51%). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -1.06% with Keppel Corp’s share price declining -1.11% and Sembcorp Industries’ share price declining -1.15%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-1.43%), SPDR Gold Shares (-1.19%), iShares USD Asia HY Bond ETF (+1.05%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.92%), Suntec REIT (unchanged), CapitaCom Trust (-1.13%).
The most active index warrants by value today were HSI25000MBeCW150429 (+2.50%), HSI24400MBeCW150429 (+4.72%), HSI24200MBePW150429 (-4.95%).
The most active stock warrants by value today were UOB MB eCW150701 (+9.92%), DBS MB eCW150915 (-1.70%), KepCorp MBeCW150901 (-7.69%).
Singapore Stock Market
*ST Index 3,450.1 +18.51 3,431.59 +12.57
Volume: 1,601.5M 1,502.9M
Value: $1,115.6M $1,214.4M
Gainers/Losers: 257/146 249/160
Daily Market Commentary (Securities)
27 March 2015
The FBM KLCI index lost 5.05 points or 0.28% on Friday. The Finance Index fell 0.13% to 16080.56 points, the Properties Index up 0.41% to 1310.97 points and the Plantation Index down 0.03% to 7784.12 points. The market traded within a range of 5.01 points between an intra-day high of 1818.31 and a low of 1813.30 during the session.
Actively traded stocks include INGENCO, ETITECH, PERISAI, ESCERAM, PRIVA, KNM, DGB, PLABS, TIGER and CAP. Trading volume decreased to 1644.66 mil shares worth RM1820.37 mil as compared to Thursday’s 2442.91 mil shares worth RM1955.08 mil.
Leading Movers were GENM (+7 sen to RM4.19), KLK (+34 sen to RM22.86), PETCHEM (+5 sen to RM5.48), GENTING (+8 sen to RM8.83) and PETDAG (+12 sen to RM19.72). Lagging Movers were ASTRO (-8 sen to RM3.10), BAT (-134 sen to RM68.04), TENAGA (-26 sen to RM14.20), DIGI (-10 sen to RM6.19) and UMW (-16 sen to RM10.72). Market breadth was negative with 354 gainers as compared to 391 losers.
The KLCI ended by 5.05 points lower at 1813.17 on the last trading day of the week, amid weaker sentiment due to rising of tension in the Middle East. The performance of our benchmark index was dragged down by selling in heavyweight counters such as Astro, BAT and Tenaga.
Date As of: 27 March 2015
Description Volume Value Frequency
ETF 21,700 7,621,100 06
Stock 4,489,132,969 5,388,101,625,144 178,839
Warrant 1,405,279,590 22,041,688,650 949
Total 5,894,434,259 5,410,150,934,894 179,794
As of 27 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,575.82 3,751.20 -175.38
Proprietary 4,187.92 3,836.54 351.39
Foreign 8,729.47 9,775.99 -1,046.52
Individual 16,863.13 15,992.62 870.51
Total Trading Value 33,356.34 M.Baht
Vietnam index nears 3-mth low, sentiment down
Vietnam's benchmark VN Index dropped 0.85 percent to 551.42 points on Friday, its lowest close since Jan. 6, with most stocks losing ground as
both foreign and domestic investors offloaded shares on expectation of further declines.
Around half of the total equities fell, led by PetroVietNam Gas , Vietnam's top listed firm by market value, that ended 2.24 percent lower at 65,500 dong ($3.05), a level unseen in more than three months.
The index may rebound slightly around its 550-point support level, but extended outflows from foreigners and weak buying demand from cautious domestic investors may hamper the rally, analysts said.
Foreigners extended their net selling position to the fifth straight session, offloading a net 137 billion dong on Friday, while the total volume of 91.6 million shares was slightly above the five-day average of 90.9 million, Reuters data showed.
Here is a snapshot of the VN Index at the close
VN Index 475.24
PREV. CLOSE 473.02
% CHANGE 0.47%
SE Asia Stocks -Mixed; Jakarta recovers from 5-wk closing low
ndonesian stocks recovered on Friday from a five-week closing low hit in the previous session despite foreign outflows, while other Southeast Asian markets closed mixed as concerns over rising tensions in the Middle East offset optimism about upbeat U.S. economic data.
Jakarta's composite index ended 0.52 percent firmer, but concerns over continued foreign outflows remained amid a sliding rupiah . Foreign investors sold a net $44.63 million worth stocks on Friday.
Fund managers and foreign investors are bailing out of Indonesian stocks as worries grow that a perfect storm of a sliding rupiah, record levels of foreign debt and rising import costs could bring some businesses to their knees.
Singapore's key stock index rose for a fourth straight session and ended 0.5 percent higher, while the Philippine index closed 0.1 percent up a day after the central bank left key policy rates steady as expected.
Risk appetite improved on optimism over the U.S. economy after robust jobs data and activity in the services sector hit a six-month high in March.
However, gains were checked by the Saudi-led operation against Yemen. Though it has not affected the oil facilities of major Gulf producers, fears that the conflict could spread and disrupt Middle East shipments have for now hit sentiment.
The prevailing uncertainty on the timing of the U.S. Federal Reserve's rate-tightening cycle also weighed on sentiment.
Thailand's SET index fell 0.1 percent to near three-month closing low with a $32.14 million foreign outflow,
Malaysia dropped 0.3 percent, and Vietnam lost 0.9 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3450.10 3431.59 +0.54
Kuala Lumpur 1813.37 1818.42 -0.28
Bangkok 1495.22 1496.41 -0.08
Jakarta 5396.85 5368.80 +0.52
Manila 7877.96 7871.10 +0.09
Ho Chi Minh 551.42 556.16 -0.85