ASEAN KEY DESTINATIONS
05 May 2014
The Straits Times Index (STI) ended -10.95 points lower or -0.34% to 3241.6, taking the year-to-date performance to +2.42%.
The FTSE ST Mid Cap Index declined -0.02% while the FTSE ST Small Cap Index declined -0.25%. The top active stocks were UOB (-0.23%), SingTel (-0.26%), DBS (unchanged), CapitaMalls Asia (-0.45%) and Sembcorp Marine (-2.22%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+1.24%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+1.08%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -1.16% with Silverlake Axis’ share price remaining unchanged and STATS ChipPAC ’s share price remaining unchanged. The FTSE ST Oil & Gas Index declined -0.61%. The FTSE ST Telecommunications Index declined -0.22%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (unchanged), SPDR Gold Shares (+2.24%), DBXT S&P CNX Nifty ETF (+0.79%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.50%), Ascendas REIT (unchanged), Suntec REIT (+0.29%).
The most active index warrants by value today were HSI22400MBeCW140627 (-25.84%), HSI21800MBeCW140627 (-18.84%), HSI22400MBePW140529 (+17.54%).
The most active stock warrants by value today were DBS MB eCW140901 (-2.96%), KepCorp MBeCW140901 (-1.36%), UOB MB eCW140801 (-3.42%).
Singapore Stock Market
*ST Index 3,241.6 -10.95 3,252.55 -12.16
Volume: 1,427.7M 1,421M
Value: $819.8M $1,235.4M
Gainers/Losers: 167/256 212/228
Daily Market Commentary (Securities)
5 May 2014
The FBM KLCI index lost 8.54 points or 0.46% on Monday. The Finance Index fell 0.78% to 16939.36 points, the Properties Index dropped 1.32% to 1401.73 points and the Plantation Index down 0.29% to 9036.77 points. The market traded within a range of 8.57 points between an intra-day high of 1869.38 and a low of 1860.81 during the session.
Actively traded stocks include UTOPIA, ASUPREM, TALAMT, KNM-WA, DAYA, IRIS, ASIAPAC, PDZ, CSL and BJCORP. Trading volume increased to 1537.56 mil shares worth RM1386.94 mil as compared to Friday’s 1152.15 mil shares worth RM1516.86 mil.
Leading Movers were MISC (+4 sen to RM6.47), DIGI (+1 sen to RM5.54) and IOICORP (+1 sen to RM4.97). Lagging Movers were PBBANK (-14 sen to RM19.80), CIMB (-7 sen to RM7.35), MAYBANK (-7 sen to RM9.81), SIME (-5 sen to RM9.44) and HLBANK (-24 sen to RM13.74). Market breadth was negative with 170 gainers as compared to 691 losers.
The KLCI began the week in a negative tone by closing lower at 1860.54 points. Most of the stocks on our local exchange were in the red as sell off resumed following the concern over high valuations of the stocks. Besides, the escalating tension in Ukraine had also weighed down on our local bourse.
SE Asia Stocks-Mostly down despite foreign inflows; Chinese PMI weighs
Most Southeast Asian markets ended weaker on Monday, with Malaysia and Singapore closing at near one-week lows despite foreign inflows as disappointing Chinese manufacturing activity raised concerns over economic growth momentum in the world's second-largest economy.
The Malaysian index ended 0.5 percent down at its lowest close since April 29 led by financials, while Singapore lost 0.3 percent led by property shares, also ending at its lowest since April 29.
Activity in China's manufacturing sector contracted for a fourth consecutive month in April, a private survey showed on Monday, adding to questions about whether the world's second-largest economy is still losing momentum. I
The Vietnamese market , which resumed trading after a holiday since April 29, also closed 2.3 percent at its lowest level since April 21 as pessimistic investors offloaded stocks on lack of supportive news.
Foreign investors, however, were on the buying side. Kuala Lumpur saw a net inflow of $17.39 million, Jakarta recorded $26.50 million, while Manila had $12.13 million.
Bucking the trend, the Philippine index ended 0.4 percent higher, led by a 3.2 percent gain in conglomerate SM investments Corp after its property unit SM Prime Holdings Inc posted a 11 percent gain in March quarter net income.
Jakarta ended just 0.1 percent up as Indonesia, Southeast Asia's largest economy, posted its slowest growth in more than four years.
After the market closed, Genting Singapore PLC said its core earnings for the quarter ended March 31 soared 60 percent on the year as gaming income recorded robust gains.
The Thai market was closed on Monday for a holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 419.80 420.06 -0.06
Singapore 3241.60 3252.55 -0.34
Kuala Lumpur 1860.54 1869.08 -0.46
Jakarta 4842.50 4838.76 +0.08
Manila 6766.46 6742.97 +0.35
Ho Chi Minh 564.85 578.00 -2.28