ASEAN KEY DESTINATIONS
23 May 2014
The Straits Times Index (STI) ended +12.36 points or +0.38% higher to 3278.02, taking the year-to-date performance to +3.57%.
The FTSE ST Mid Cap Index gained +0.29% and the FTSE ST Small Cap Index gained +0.83%. The top active stocks were CapitaMalls Asia (unchanged), Global Logistic (+1.44%), Yoma Strategic (+11.11%), CapitaLand (+0.94%) and Keppel Corp (+0.38%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+3.83%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (unchanged) and Hyflux (+1.27%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.68% with SingTel’s share price declining -0.78% and StarHub's share price remaining unchanged. The FTSE Oil and Gas Index gained +0.40%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (-0.14%), DBXT FTSE Vietnam ETF (+0.42%), SPDR Gold Shares (-0.12%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (+2.45%), Suntec REIT (-0.28%), Ascendas REIT (unchanged).
The most active index warrants by value today were HSI23000MBeCW140627 (+1.24%), HSI22600MBePW140627 (-4.40%), HSI22400MBeCW140627 (+1.55%).
The most active stock warrants by value today were DBS MB eCW140901 (-0.82%), UOB MB eCW140901 (unchanged), KepCorp MBeCW141201 (+2.26%).
Singapore Stock Market
*ST Index 3,278.02 +12.36 3,265.66 +3.88
Volume: 1,608.5M 1,410.8M
Value: $1,108M $1,081.3M
Gainers/Losers: 246/157 222/193
Date As of: 23 May 2014
Description Volume Value Frequency
ETF 22,000 14,176,300 94
Stock 3,762,258,853 4,933,985,642,001 161,847
Warrant 31,796,900 1,337,921,600 1,076
Total 3,794,077,753 4,935,337,739,901 163,017
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 23 May 2014 Unit: M.Baht
Type Buy Sell Net
Institution 6,337.07 5,478.31 858.76
Proprietary 4,901.94 4,551.28 350.66
Foreign 9,787.98 16,564.77 -6,776.78
Individual 32,489.33 26,921.96 5,567.36
Total Trading Value 53,516.32 M.Baht
Vietnam index ends down in thin trade
Vietnam's benchmark VN Index was almost unchanged on Friday, closing down 0.04 percent in low trading volume as the market lacked news, analysts said.
Volume on Friday fell 34 percent from a day earlier to 86 million shares, Reuters data showed.
Buying demand was just enough to cover profit taking by cautious investors, said analyst Tran Hai Yen of Bao Viet Securities.
With no negative news expected next week, the index is likely to hover around the current level, analysts said.
Vietnam's biggest listed bank by capitalisation Vietcombank fell 2.59 percent, while the country's largest listed company PetroVietNam Gas edged up 0.54 percent.
Here is a snapshot of the VN Index at the close
VN Index 541.49
PREV. CLOSE 541.73
% CHANGE -0.04%
SE Asia Stocks -Thai down on strong foreign outflows after army coup
Thailand shares fell on Friday as foreign investors continued to exit the country's risky assets, a day after the army chief seized control of the government in a coup, but local investors were in buying mode as no fresh violence was reported.
Thailand's SET index fell as much as 2.12 percent to 1,375.41, its lowest close since May 12, but recouped some of the losses by the close.
Outflows stood at 6.6 billion Thai baht ($203.7 million) on Friday, extending net foreign selling to $613.34 million since the army declared martial law on Tuesday.
However, local investors chose to buy as they saw stability since the army declared martial law.
Top oil firm PTT Pcl and Advanced Info Service Pcl both fell 1.3 percent, pulling the index down.
Thailand's army chief seized control of the government in a coup late on Thursday, two days after declaring martial law, saying the military had to restore order and push through reforms after six months of turmoil.
"In the short term, this is probably the best outcome given the circumstances as the military is looking to find a solution to move the country forward," said John Ford, CIO of the Fidelity Fund for Asia Pacific.
"However, we need closely to monitor the situation, especially regarding the actions of the Red Shirts," Ford said, referring to the ousted Prime Minister's supporters.
The Thai baht also closed weaker on Friday due to worries about more capital outflows after the bloodless coup. Other markets closed range-bound, with the Philippines down 0.3 percent, while the Malaysian stock index lost 0.3 percent, falling for the fourth straight session since hitting a record high on Monday.
Foreigners bought $87.80 million worth of Malaysian stocks on Friday.
The Jakarta Composite Index , the worst performer of the week, rose 0.1 percent while Singapore closed up 0.4 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 421.78 423.08 -0.31
Singapore 3278.02 3265.66 +0.38
Kuala Lumpur 1869.22 1875.12 -0.31
Bangkok 1396.84 1405.21 -0.60
Jakarta 4973.06 4969.88 +0.06
Manila 6811.33 6830.58 -0.28
Ho Chi Minh 541.49 541.73 -0.04