ASEAN KEY DESTINATIONS
04 March 2014
The Straits Times Index (STI) ended +17.24 points higher or +0.56% to 3104.71, taking the year-to-date performance to -1.90%.
The FTSE ST Mid Cap Index gained +0.38% while the FTSE ST Small Cap Index gained +0.49%. The top active stocks were Noble Group (+5.05%), DBS (-0.37%), UOB (+1.61%), SingTel (+0.56%) and Thai Beverage (+4.39%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+1.34%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (unchanged) and Thai Beverage (+4.39%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.05% with Hyflux’s share price declining -1.65% and HanKore’s share price gaining +0.83%.The FTSE ST Basic Materials Index gained +1.33%. The FTSE ST Financials Index gained +0.21%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+1.35%), SPDR Gold Shares (-0.45%), Lyxor Asia (+0.21%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-1.55%), Suntec REIT (+0.91%), CapitaCommercial Trust (-0.34%).
The most active index warrants by value today were HSI22600MBePW140429 (-11.41%), HSI23000MBeCW140429 (+17.78%), HSI22800MBeCW140328 (+20.00%).
The most active stock warrants by value today were DBS MB eCW140604 (-5.13%), UOB MB eCW140701 (+15.25%), OCBC Bk MBeCW140801 (+4.29%).
Singapore Stock Market
*ST Index 3,104.71 +17.24 3,087.47-23.31
Volume: 3,220.5M 2,315.8M
Value: $1,079.8M $1,197.8M
Gainers/Losers: 303/158 114/394
Daily Market Commentary (Securities)
4 Mar 2014
The FBM KLCI index gained 1.77 points or 0.10% on Tuesday. The Finance Index fell 0.20% to 16426.13 points, the Properties Index up 0.39% to 1304.85 points and the Plantation Index rose 0.56% to 8777.78 points. The market traded within a range of 4.85 points between an intra-day high of 1823.71 and a low of 1818.86 during the session.
Actively traded stocks include IRIS, DAYA, ASIABIO, TIGER-WB, WINTONI-WA, WINTONI, LUSTER, SONA, INGENCO and SOLUTN. Trading volume increased to 2192.35 mil shares worth RM2172.96 mil as compared to Monday’s 2104.44 mil shares worth RM2052.84 mil.
Leading Movers were SIME (+13 sen to RM9.25), IOICORP (+4 sen to RM4.74), MISC (+10 sen to RM6.40), IHH (+5 sen to RM3.80) and GENM (+4 sen to RM4.28). Lagging Movers were MAYBANK (-6 sen to RM9.62), CIMB (-5 sen to RM7.04), PETGAS (-14 sen to RM23.14), MAXIS (-3 sen to RM6.97) and PETCHEM (-2 sen to RM6.70). Market breadth was positive with 518 gainers as compared to 293 losers.
The KLCI stayed in the negative territory for most of the trading session today only to chalk up positive gain in the last couple of minutes to close at 1826.46 points. Our local bourse looked set to continue its losing streak since the start of the week until the last gap rebound as the sentiments were dented by the steep declines in the US market overnight amid the increased tensions in Ukraine.
Indonesia sells 15 trln rph of bonds, most yields down
Indonesia's finance ministry raised 15 trillion rupiah ($1.29 billion) worth of conventional government bonds at an auction on Tuesday, the ministry's debt office said, with most yields below the previous auction on Feb. 18.
The government sold all offered securities. Total incoming bids were 39.1 trillion rupiah and the highest bid-to-cover ratio was 5.72 for 3-month T-bills.
The weighted average yield for 3-month T-bills was 5.61220 percent. While the yield for 1-year T-bills was 6.26667 percent, lower than 6.44258 percent in the previous auction.
Yields for 5-year bonds and 10-year bonds fell to 7.84896 percent and 8.08732 percent, respectively.
The debt office also said yields for 15-year bonds
Date As of: 04 March 2014
Description Volume Value Frequency
ETF 54,900 30,542,100 284
Stock 4,069,525,112 5,095,684,199,834 200,825
Right 1,538,900 1,577,800 29
Warrant 36,083,100 3,176,246,100 940
Total 4,107,202,012 5,098,892,565,834 202,078
As of 4 March 2014 Unit: M.Baht
Type Buy Sell Net
Institution 1,756.34 3,086.30 -1,329.96
Proprietary 4,238.17 3,701.89 536.28
Foreign 9,729.56 8,426.83 1,302.73
Individual 15,392.80 15,901.85 -509.06
Total Trading Value 31,116.87 M.Baht
Vietnam index ends at 3-wk low, investors cautious
Vietnam's benchmark VN Index edged down 0.59 percent on Tuesday to close at 569.97 points, the lowest since Feb. 12, in low volume as investors
reduced profit taking while buying demand was not strong in cautious sentiment.
Volume on the Ho Chi Minh Stock Exchange totalled 126 million shares, below the five-day average of 154 million.
As the index descended toward the 565-point support level, investors slowed profit taking as they avoided selling at low prices, analyst Tran Minh Hoang at Vietcombank Securities said.
Buying demand was weak as domestic investors were cautious after a strong net selling by foreigners on Monday, Hoang added.
Foreign investors net sold 92.5 billion dong ($4.38 million) worth of stocks on the southern market on Monday, their largest offload since Feb. 6, the exchange's data showed.
Political tension in Ukraine and premium losses of the two exchange-traded funds Market Vectors Vietnam and db x-trackers FTSE Vietnam might have contributed to the selling, Hoang said.
Shares of dairy product maker Vinamilk fell 1.42 percent, and property firm Vingroup dropped 1.34 percent.
Here is a snapshot of the VN Index
VN Index 569.97
PREV. CLOSE 573.38
% CHANGE -0.59%
SE Asia Stocks-Mostly up as Ukraine worries ease
Most Southeast Asian markets ended firmer on Tuesday after Russia's president ordered troops in military exercises to return to base in what was seen as a
dampening down of immediate tensions in the East-West crisis over Ukraine.
The Thai SET index rose 0.5 percent, closing at its highest since Dec. 19 with a foreign inflow of $40 million,
extending the net foreign inflow to $75.17 million in the first two sessions of the week, Thomson Reuters data showed.
Foreign investors have offloaded a net $3.9 billion worth of Thai shares since November through Friday due to local political
turmoil, according to Thomson Reuters data.
The Jakarta Composite Index rose 0.4 percent, Malaysian shares edged up 0.1 percent while the Singapore stock index gained 0.6 percent.
Bucking the trend, Philippines' main index fell 0.2 percent and Vietnam's benchmark VN Index ended 0.6 percent down at its lowest since Feb. 12.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 397.84 396.39 +0.37
Singapore 3104.71 3187.47 +0.56
Kuala Lumpur 1826.46 1824.69 +0.10
Bangkok 1345.82 1339.21 +0.49
Jakarta 4601.28 4584.21 +0.37
Manila 6394.60 6407.52 -0.20
Ho Chi Minh 569.97 573.38 -0.59