ASEAN KEY DESTINATIONS
22 May 2014
The Straits Times Index (STI) ended +3.88 points higher or +0.12% to 3265.66, taking the year-to-date performance to +3.18%.
The FTSE ST Mid Cap Index declined -0.12% and the FTSE ST Small Cap Index gained +0.27%. The top active stocks were CapitaMalls Asia (unchanged), DBS (-0.24%), SMRT (+2.44%), Global Logistic (-1.07%) and UOB (-0.36%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+0.77%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Matheson Holdings (+2.20%) and Jardine Strategic Holdings (+0.90%). The underperforming sector was the FTSE ST Consumer Services Index, which declined -0.24% with Jardine Cycle & Carriage’s share price remaining unchanged and Genting Singapore’s share price remaining unchanged. The FTSE ST Telecommunications Index gained +0.27% and the FTSE Oil and Gas Index gained +0.09%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (+0.85%), CIMB FTSE Asean (+1.14%), DBXT FTSE Vietnam ETF (-0.64%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.49%), Ascendas REIT (-1.24%), CapitaCommercial Trust (+0.62%).
The most active index warrants by value today were HSI22800MBeCW140730 (+7.38%), HSI22600MBePW140627 (-10.78%), HSI22400MBePW140730 (-8.70%).
The most active stock warrants by value today were DBS MB eCW140901 (-0.81%), UOB MB eCW140801 (-6.55%), DBS MB eCW140905 (+5.59%).
Singapore Stock Market
*ST Index 3,265.66 +3.88 3,261.78 -3.69
Volume: 1,410.8M 1,175.6M
Value: $1,081.3M $977.2M
Gainers/Losers: 222/193 197/200
Daily Market Commentary (Securities)
22 May 2014
The FBM KLCI index lost 1.91 points or 0.10% on Thursday. The Finance Index increased 0.45% to 17121.3 points, the Properties Index up 0.27% to 1406.27 points and the Plantation Index down 0.04% to 9314.39 points. The market traded within a range of 10.78 points between an intra-day high of 1882.28 and a low of 1871.50 during the session.
Actively traded stocks include MAS, ETITECH, FRONTKN, PDZ, AIRASIA, IRETEX-LR, HARVEST, AAX, BJCORP and GBGAQRS-WA. Trading volume decreased to 1800.18 mil shares worth RM2229.60 mil as compared to Wednesday’s 1878.01 mil shares worth RM1951.11 mil.
Leading Movers were PBBANK (+12 sen to RM19.88), IHH (+11 sen to RM4.26), MAYBANK (+5 sen to RM9.95), PETGAS (+22 sen to RM24.40) and FGV (+7 sen to RM4.60). Lagging Movers were TM (-9 sen to RM6.25), YTL (-6 sen to RM1.71), SKPETRO (-6 sen to RM4.19), IOICORP (-5 sen to RM5.19) and PPB (-30 sen to RM15.96). Market breadth was negative with 390 gainers as compared to 402 losers.
The KLCI extended its losses for the third conservative day by ending 1.91 points lower at 1875.12, despite overnight rebound US markets. The performance of our benchmark index was dragged by selling in heavyweight counters such as TM, YTL and Sapura Kencana.
Date As of: 22 May 2014
Description Volume Value Frequency
ETF 4,200 3,604,700 39
Stock 6,297,426,685 6,040,023,323,412 205,629
Warrant 31,495,000 1,310,804,600 1,288
Total 6,328,925,885 6,041,337,732,712 206,956
Thai bourse will open securities trading on May 23 as usual
The Stock Exchange of Thailand (SET), Market for Alternative Investment (mai), Thailand Futures Exchange (TFEX) and Bond Electronic Exchange (BEX) will open
for securities trading as usual tomorrow (May 23, 2014) so that local and foreign investors can invest continuously, until further notice.
In addition, night session trading for Thailand Futures Exchange (TFEX) today (May 22, 2014) will also run as normal.
As of 20 May 2014 Unit: M.Baht
Type Buy Sell Net
Institution 5,497.27 3,776.12 1,721.14
Proprietary 3,897.18 3,908.71 -11.53
Foreign 8,382.37 10,264.84 -1,882.47
Individual 23,504.18 23,331.32 172.85
Total Trading Value 41,281.00 M.Baht
Vietnam index closes down 0.4 pct on profit taking
Vietnam's benchmark VN Index edged down 0.4 percent to close at 541.73 points on Thursday as investors took profit from stocks after a streak of four gains, analysts said.
Property firm Vingroup led the losses, with shares dipping 1.49 percent, followed by Hanoi-based lender BIDV that fell 2.01 percent.
"Investors are still cautious about the situation in the East Sea (South China Sea) so they secured profits near the index's resistance level of 550 points," said analyst Hoang Huy of ACB Securities.
Selling slightly pushed up liquidity on the Ho Chi Minh Stock Exchange, analysts said. Volume reached 130 million shares on Thursday, above the five-day average level of 106 million, Reuters data showed.
Vietnamese Prime Minister Nguyen Tan Dung recently said his government was considering various "defence options" against China, including legal action, following the deployment of a Chinese oil rig to waters in the South China Sea that Hanoi also claims.
The index had gained a combined 3.8 percent over the last four sessions ending on Wednesday.
Here is a snapshot of the VN Index at the close
VN Index 541.73
PREV. CLOSE 543.88
% CHANGE -0.40%
SE Asia Stocks -Mostly up; Thailand sees outflow for 3rd day as army takes over govt
Most Southeast Asian markets ended firmer on Thursday, while the Thai stock market saw foreign outflows for a third straight session as the country's army chief seized control of the government two days after he declared martial law.
Outflows stood at 1.9 billion baht ($58.52 million) on Thursday, extending the net foreign selling to $409.6 million after the army declared martial law on Tuesday.
After the market closed, Thailand's army seized control of the government, saying it had to restore order and push through reforms and a senior army official told Reuters the military would send troops and vehicles to escort protesters away from rally sites.
"It's quite a surprise. It could deal another blow to the Thai stock market tomorrow and probably more foreign selloffs," said Charnyingyong, strategist at broker Phillip Securities.
Before the announcement, Thailand's SET index ended 0.2 percent up, after touching its highest level since May 6 during early trade.
Other Southeast Asian markets mostly trader firmer after a private survey showed China's factory sector turned in its best performance in five months in May, and a reassurance by the U.S. Federal Reserve to keep easy policy for the foreseeable future.
The Jakarta Composite Index ended 1.2 percent higher, while the Philippines gained 1 percent and Singapore edged up 0.1 percent.
Malaysia bucked the trend, losing 0.1 percent, while Vietnam ended 0.4 percent weaker.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 423.08 421.71 +0.33
Singapore 3265.66 3261.78 +0.12
Kuala Lumpur 1875.12 1877.03 -0.10
Bangkok 1405.21 1402.92 +0.16
Jakarta 4969.88 4910.29 +1.21
Manila 6830.58 6762.38 +1.01
Ho Chi Minh 541.73 543.43 -0.40