ASEAN KEY DESTINATIONS
30 May 2014
The Straits Times Index (STI) ended -4.86 points lower or -0.15% to 3295.85, taking the year-to-date performance to +4.14%.
The FTSE ST Mid Cap Index declined -0.69% and the FTSE ST Small Cap Index declined -0.10%. The top active stocks were UOB (+0.09%), YZJ Shipbuilding (-10.62%), DBS (-0.47%), SingTel (+0.26%), and OCBC Bank (+0.83%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+0.41%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+3.00%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Utilities Index, which declined -1.44% with United Envirotech’s share price declining -1.89% and Hyflux’s share price declining -0.84%. The FTSE ST Telecommunications Index gained +0.27% while the FTSE Oil & Gas Index declined -0.42%.
The three most active Exchange Traded Funds (ETFs) by value today were IS MSCI India (-1.14%), DBXT MSCI Indonesia ETF (-1.71%), SPDR STI ETF (+0.30%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (unchanged), CapitaMall Trust (+0.49%), CapitaCommercial Trust (+0.30%).
The most active index warrants by value today were HSI23000MBeCW140627 (-7.96%), HSI22600MBePW140627 (unchanged), HSI22800MBeCW140730 (+1.48%).
The most active stock warrants by value today were DBS MB eCW140901 (-6.90%), DBS MB eCW140905 (-3.30%), KepCorp MBeCW141201 (-3.62%).
*ST Index 3,295.85 -4.86 3,300.71 +28.87
Volume: 1,839M 2,054.5M
Value: $1,656.3M $1,425.2M
Gainers/Losers: 206/230 282/165
Daily Market Commentary (Securities)
30 May 2014
The FBM KLCI index lost 3.24 points or 0.17% on Friday. The Finance Index increased 0.55% to 17382.62 points, the Properties Index dropped 0.98% to 1387.64 points and the Plantation Index down 0.78% to 9074.46 points. The market traded within a range of 7.46 points between an intra-day high of 1880.84 and a low of 1873.38 during the session.
Actively traded stocks include SEM, PBBANK, YTL, ASIABIO-WA, YTLPOWR, MAS, PARKSON, HUBLINE, IDMENSN and XINGHE. Trading volume increased to 1916.71 mil shares worth RM6012.76 mil as compared to Thursday’s 1240.78 mil shares worth RM2089.87 mil.
Leading Movers were PBBANK (+98 sen to RM21.60), PETGAS (+50 sen to RM24.50), AMMB (+7 sen to RM7.34), BAT (+50 sen to RM62.90) and PETDAG (+14 sen to RM25.24). Lagging Movers were YTL (-12 sen to RM1.63), FGV (-16 sen to RM4.24), GENM (-15 sen to RM4.07), IOIPG (-9 sen to RM2.48) and HLFG (-40 sen to RM15.40). Market breadth was negative with 370 gainers as compared to 441 losers.
The KLCI ended lower at 1873.38 points on the last trading day of the month, mainly dragged down by the losses in YTL and IOI Properties, and FGV that partly mitigated by the strong gains of Public Bank which rose 4.75%. Meanwhile, 7-Eleven Malaysia Holdings that made its listing debut today closed 11% higher.
Date As of: 30 May 2014
Description Volume Value Frequency
ETF 36,100 28,632,600 360
Stock 7,873,640,398 9,905,047,910,069 204,314
Warrant 38,437,900 2,741,011,000 1,487
Total 7,912,114,398 9,907,817,553,669 206,161
As of 30 May 2014 Unit: M.Baht
Type Buy Sell Net
Institution 6,386.66 5,891.32 495.33
Proprietary 4,500.59 4,371.83 128.76
Foreign 19,427.37 21,594.24 -2,166.87
Individual 31,172.73 29,629.96 1,542.77
Total Trading Value 61,487.34 M.Baht
Vietnam index near 4-wk high; foreigners buy blue chips
Vietnam's benchmark VN Index posted a week of all gains, climbing 0.64 percent on Friday to its highest close in nearly four weeks, supported by
foreign investors buying big-cap shares, an analyst said.
The index has risen a combined 3.4 percent this week to close at 562.02 points on Friday, a level unseen since May 7.
While many small and mid-cap shares lost due to profit taking near resistance level, the index still ended higher as foreign investors were interested in some large-caps, said analyst Vu Duy Khanh at Navibank Securities.
PetroVietNam Gas, Vietnam's top firm by market capitalisation, increased 1.56 percent, and property firm Vingroup was up 2.24 percent.
Blue chips are likely to gain further in coming sessions, analysts said. But more profit taking in other shares would keep the index around the current level, Khanh said.
Foreign investors net bought 125 billion dong ($5.91 million) worth of shares on the Ho Chi Minh Stock Exchange on Thursday, above their average daily net purchase value this month of 98 billion dong, exchange's data showed.
Here is a snapshot of the VN Index at the close
VN Index 562.02
PREV. CLOSE 558.45
% CHANGE 0.64%
SE Asia Stocks -Thai shares eke out slim gain in May; most others up
Thai shares climbed to their highest level in nearly a month on Friday, marking their fourth straight month of gains, as economic hopes brought buyers to
benefitting sectors such as banks and retailers though foreign fund flows remained weak.
The benchmark SET index ended up 0.5 percent at 1,415.73, the highest close since May 2, eking out a slim 0.1 percent gain for the month. The market rally this week, which was led by domestic buyers, helped shares erase losses made early in the month.
Foreign investors were net sellers worth a net 2.2 billion baht ($67.12 million), taking their net selling in seven days since the imposition of martial law on May 20 to 33 billion baht ($1.01 billion), Thomson Reuters data showed.
Domestic institutions and retail investors bought shares this month as the military government moved to restart public spending and make delayed subsidy payments to rice farmers.
Data from the Bank of Thailand showed a current account deficit of $0.64 billion in April and exports falling from a year earlier. Consumption edged up in April but investment dipped from the previous month.
Southeast Asian stock markets had a mixed month in May.
Indonesia fell 1.8 percent ahead of trade data on Monday. Foreign selling hit stocks such as Astra International and Bank Mandiri , Thomson Reuters data showed. The Jakarta index rose for a sixth month, adding 1.1 percent in May.
Singapore and Malaysia extended gains for a fourth month, up 1 percent and 0.1 percent, respectively.
The Philippines recorded a 0.9 percent loss, its first in five months, and Vietnam dropped 2.8 percent, a second month of loss.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 421.05 422.70 -0.39
Singapore 3295.85 3300.71 -0.15
Kuala Lumpur 1873.38 1876.62 -0.17
Bangkok 1415.73 1408.51 +0.51
Jakarta 4893.91 4985.58 -1.84
Manila 6647.65 6676.67 -0.43
Ho Chi Minh 562.02 558.45 +0.64