ASEAN KEY DESTINATIONS
28 May 2014
The Straits Times Index (STI) ended -2.22 points lower or -0.07% to 3271.84, taking the year-to-date performance to +3.38%.
The FTSE ST Mid Cap Index gained +0.39% while the FTSE ST Small Cap Index gained +0.63%. The top active stocks were Noble (+1.87%), SingTel (-1.03%), Goodpack (+4.27%), DBS (-0.06%) and Global Logistic (+1.44%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+1.15%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+1.51%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Health Care Index, which declined -1.12% with Raffles Medical Group’s share price gaining +1.38% and Biosensors International Group’s share price declining -3.45%. The FTSE ST Oil & Gas Index declined -0.01%. The FTSE ST Telecommunications Index declined -0.92%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-0.42%), SPDR Gold Shares (-1.39%), SPDR Straits Times Index ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.56%), CapitaMall Trust (-1.45%), Ascendas REIT (+2.09%).
The most active index warrants by value today were HSI23000MBeCW140627 (+6.25%), HSI22600MBePW140627 (-7.60%), HSI22400MBePW140730 (-5.88%).
The most active stock warrants by value today were NobleGrpMBeCW150105 (+6.76%), DBS MB eCW140901 (-1.84%), SGX MB eCW141 (-1.39%).
Singapore Stock Market
*ST Index 3,271.84 -2.22 3,274.06 -8.82
Volume: 2,004M 1,508.2M
Value: $1,183.1M $1,233.7M
Gainers/Losers: 272/154 227/194
Daily Market Commentary (Securities)
28 May 2014
The FBM KLCI index gained 4.09 points or 0.22% on Wednesday. The Finance Index increased 0.65% to 17221.47 points, the Properties Index dropped 0.39% to 1395.93 points and the Plantation Index down 0.34% to 9113.05 points. The market traded within a range of 6.68 points between an intra-day high of 1871.66 and a low of 1864.98 during the session. Actively traded stocks include IRIS, MAS, SILKHLD, MTRONIC, PDZ, IRIS-WB, ASB, BJCORP, EAH-OR and OLYMPIA. Trading volume decreased to 1376.46 mil shares worth RM2070.10 mil as compared to Tuesday’s 1593.00 mil shares worth RM1716.09 mil. Leading Movers were PETDAG (+82 sen to RM24.50), PBBANK (+42 sen to RM20.48), RHBCAP (+9 sen to RM8.34), HLFG (+14 sen to RM15.82) and SIME (+8 sen to RM9.55). Lagging Movers were IHH (-1 sen to RM4.18), FGV (-10 sen to RM4.44), AXIATA (-7 sen to RM6.82), PETCHEM (-6 sen to RM6.73) and IOIPG (-2 sen to RM2.59). Market breadth was negative with 349 gainers as compared to 394 losers.
As of 28 May 2014 Unit: M.Baht
Type Buy Sell Net
Institution 6,956.53 4,758.67 2,197.86
Proprietary 3,984.30 4,326.01 -341.71
Foreign 9,684.14 12,454.54 -2,770.40
Individual 28,042.77 27,128.52 914.26
Total Trading Value 48,667.74 M.Baht
Vietnam index closes up 0.8 pct; eye on funds' restructuring
Vietnam's benchmark VN Index gained for the third consecutive session on Wednesday, ending 0.83 percent up on strong buying from retail investors
ahead of portfolio restructuring by exchange-traded funds, an analyst said.
Two major exchange-traded funds in Vietnam are likely to buy a large amount of blue-chips during their portfolio restructuring in June. Investors, especially retailers, bought
shares on hopes of selling them later next month, said analyst Nguyen Hoang Phuong of Ho Chi Minh City Securities.
Stocks of Ho Chi Minh City-based Sacombank were among the outperformers, jumping 6.38 percent to its highest close in one month, Reuters data showed.
Vietcombank, the country's biggest listed bank by market value, rose for the third straight session, up 1.4
percent to its highest close since April 25.
The Market Vectors Vietnam and db x-trackers FTSE Vietnam exchange-traded funds are scheduled to rearrange their second-quarter investment baskets by late June.
Here is a snapshot of the VN Index at the close
VN Index 557.34
PREV. CLOSE 552.75
% CHANGE 0.83%
SE Asia Stocks - Most higher; Thai shares rise for 2nd day
Thai stocks rose for a second session on Wednesday as economic optimism revived appetite for consumer-related shares while Philippine stocks snapped three sessions of losses ahead of the release of first-quarter economic data on Thursday.
Thailand's military rulers have started working on boosting consumption and investment after they seized control of the government last week. Economic policies are expected to be announced next week, including the state budget.
Shares of retailer CP All , Kasikornbank and Advanced Info Service were among those actively traded amid domestic-led buying. The key SET
index ended 0.7 percent higher at 1,402.79, the highest close in almost one week.
The market noted outflows for a seventh session since the imposition of martial law on May 20 followed by the coup two days later. Foreign investors sold shares worth a net 2.8 billion baht ($85.78 million) on Wednesday, Thomson Reuters data showed.
The Philippine main index was up 0.1 percent, after a modest loss of 0.6 percent in three sessions to Tuesday. Shares of Philippine Long Distance Telephone and Megaworld Corp led among gainers.
The Philippine economy probably grew the most among regional peers in the first three months of the year, driven by private consumption and post-typhoon rebuilding that could continue to bolster expansion ahead.
Malaysian shares gained 0.2 percent as the market brought in net inflows worth a net 209 million ringgit ($64.97 million). Others in the region ended mostly higher as strong economic data in the United States bolstered sentiment across Asia .
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 421.48 420.78 +0.16
Singapore 3271.84 3274.06 -0.07
Kuala Lumpur 1871.66 1867.57 +0.22
Bangkok 1402.79 1392.73 +0.72
Jakarta 4985.58 4963.93 +0.44
Manila 6787.88 6780.26 +0.11
Ho Chi Minh 557.34 552.75 +0.83