ASEAN KEY DESTINATIONS
11 November 2014
The Straits Times Index (STI) ended -8.85 points lower or -0.27% to 3292.15, taking the year-to-date performance to +4.02%.
The FTSE ST Mid Cap Index declined -0.16% while the FTSE ST Small Cap Index declined -0.49%. The top active stocks were DBS (-1.12%), UOB (-1.54%), SingTel (+0.53%), ST Engineering (-1.42%) and OCBC Bank (-0.98%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+0.68%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Matheson Holdings (+1.45%) and Jardine Strategic Holdings (-0.12%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -0.89% with Midas Holdings’ share price declining -1.56% and Geo Energy Resources’ share price declining -2.22%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India 100 (+0.39%), SPDR Gold Shares (-1.86%), United SSE 50 China ETF (+1.21%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (unchanged), Ascendas REIT (+0.44%), Keppel REIT (+1.24%).
The most active index warrants by value today were HSI24400MBeCW141230 (+1.14%), HSI23800MBeCW141230 (-3.76%), HSI23600MBePW141230 (-2.40%).
The most active stock warrants by value today were UOB MB eCW150302 (-16.35%), DBS MB eCW150701 (-11.32%), DBS VT eCW150202 (-13.79%).
Singapore Stock Market
*ST Index 3,292.15 -8.85 3,301 +14.61
Volume: 1,149.5M 1,387.5M
Value: $989.1M $1,032.9M
Gainers/Losers: 150/242 214/214
Daily Market Commentary (Securities)
11 Nov 2014
The FBM KLCI index lost 2.82 points or 0.15% on Tuesday. The Finance Index fell 0.10% to 16589.35 points, the Properties Index dropped 0.86% to 1421.84 points and the Plantation Index down 0.28% to 8423.59 points. The market traded within a range of 9.43 points between an intra-day high of 1832.70 and a low of 1823.27 during the session.
Actively traded stocks include XINGHE, NOVAMSC, ASIABIO, FOCUS, K1, SUMATEC, ANCOMLB, K1-WB, EFFICEN and SCOMNET. Trading volume decreased to 2252.04 mil shares worth RM1860.29 mil as compared to Monday’s 2662.82 mil shares worth RM1979.32 mil.
Leading Movers were MISC (+22 sen to RM7.82), DIGI (+4 sen to RM6.06), YTL (+1 sen to RM1.67), AMMB (+3 sen to RM6.49) and AXIATA (+3 sen to RM7.03). Lagging Movers were GENTING (-20 sen to RM9.30), UMW (-24 sen to RM11.44), PPB (-32 sen to RM15.26), BAT (-110 sen to RM67.00) and SKPETRO (-5 sen to RM3.09). Market breadth was negative with 241 gainers as compared to 625 losers.
The KLCI ended moderately lower at 1825.11 points. Overall breadth of market was weaker as the sliding oil prices and the weakening of ringgit dampened trading sentiment.
Date As of: 11 November 2014
Description Volume Value Frequency
ETF 11,500 7,274,300 37
Stock 5,131,476,212 5,355,108,080,048 207,310
Warrant 41,988,056 2,299,011,300 614
Total 5,173,475,768 5,357,414,365,648 207,961
Thai bourse successfully hosts GMS Capital Market Education Forum 2014
BANGKOK, November 11, 2014 - The Stock Exchange of Thailand (SET) has recently hosted "GMS Capital Market Education Forum 2014" for the second consecutive year at the Faculty of Business Administration, Chiang Mai University, Thailand to exchange expertise among capital markets in Greater Mekong Subregion (GMS) including experts from Japan and Korea in cascading knowledge to investors. The meeting of GMS's executives agreed to cooperate with leading universities in each country to enhance capital market knowledge for investors and the general public, as well as capital market professionals, while jointly draft license issuing and renewal standards for professionals in the capital markets.
This year's forum, held during November 7-9, was under the "Investor Education: A key driver for capital market growth" concept. It reinforced SET's leadership role to synergize development of capital markets in the GMS.
SET President Kesara Manchusree said that the forum's essence and expertise were shared by capital market's top executives' education field, regulatory agencies, central banks in the GMS, consisting of Cambodia, Myanmar, Laos and Vietnam. It focused on exchanging experiences in developing educational tools for investors which would be key to move forward the capital markets in the region, as well as seeking ways to promote investors more efficiently and sustainably. In addition, the forum also offered expertise by experts from Japan Exchange Group (JPX) and Korean Financial Investment Association (KOFIA). On top of this, participants visited SET Investment Center (SET IC) in Chiang Mai University to learn about one of SET's educational activities in working with leading universities nationwide to provide the magnitude of investment knowledge. This was considered a practical way to help upgrade capital market's education development in the GMS in the same standard.
It is significant that the forum agreed to create a unique strategy by cooperating with leading universities in each country, setting up each as an
educational center for investors, general public and professionals. The next step is to develop contents and channels of knowledge distribution to all types of investors, including existing investors and potential investors. Furthermore, GMS Professional Education Working Committee (GMS PEWC), which was agreed to be established in 2013, accepted the general process of equity investment consultant licensing and the standard building blocks of professional knowledge, and a summary of knowledge structure standard for equity investment consultant license's examination, encouraging regulators in each country to put efforts to amend process and content outline to ensure that the GMS capital markets uses the same standard.
Nguyen Van Dzung, Deputy CEO of Hanoi Stock Exchange, said that this year's forum was a great chance for GMS exchanges and regulatory agencies to learn about each market's typical market conditions and their corresponding capital market education activities. Afterwards, each country had to figure out the most suitable education strategy for their markets, both investor education and professional education within the region. Moreover, as the opinions were shared by GMS representatives, this would be a basic platform for more potential cooperation between GMS exchanges and regulators in the near future. There would certainly be a clear strategy with roadmap suitable for each typical domestic market which would be effective and sustainable, especially ones for the GMS professional education project.
Last year, the forum successfully and substantially applied information and experiences from each country for their educational development. For example, Cambodia's stock regulator issued a training criterion to extend license and cooperated with SET for the first time to hold the license extension training for securities professionals in Cambodia. Lao Securities Exchange cooperated with SET to launch "Train the Trainers" program in order to develop personnel in the Lao capital market organizations to be training experts in publicizing securities knowledge for investors and prospects.
As of 11 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,969.37 3,010.22 -40.85
Proprietary 4,056.20 3,457.67 598.53
Foreign 7,594.07 8,121.53 -527.46
Individual 43,778.66 43,808.88 -30.21
Total Trading Value 58,398.30 M.Baht
Vietnam index edges up 0.4 pct; blue-chips lead
Vietnam's benchmark VN Index edged up 0.4 percent at close on Tuesday led by strong demand for blue-chip stocks.
The index ended at 604.23 points, slightly below the session high, while volume reached 136.61 million shares, a little below the previous session but still above the five-day average of 127.83 million shares.
PetroVietNam Gas , Vietnam's biggest firm by market value, led the gainers, closing up 2.88 percent despite its net profit in the first nine months dropping slightly from a year ago.
A total of 95 shares advanced while 128 shares lost ground and 63 others were unchanged, putting a hold on the index, which has risen nearly 20 percent so far this year.
Here is a snapshot of the VN Index at the close
VN Index 604.23
PREV. CLOSE 602.12
% CHANGE 0.35%
SE Asia Stocks - Mostly up; Indonesia ends 6-session fall
Southeast Asian stock markets mostly gained on Tuesday, with the Indonesian index rebounding after six straight sessions of falls, but concerns remained about a lack of clarity over the government's plan to raise fuel prices.
Jakarta's composite index ended up 1.4 percent led by large-caps, with Telkom Indonesia up 3.2 percent and Bank Mandiri gaining 2.2 percent.
Foreign investors were net buyers this session. The Indonesian market saw net foreign inflows worth 934.8 billion rupiah ($76.62 million), the biggest daily inflow in almost two weeks.
Indonesian President Joko Widodo said last week he had not decided on the timing of a fuel price hike, signalling a possible delay in cutting massive fuel subsidies that are straining the state's finances.
Among weak spots, shares of Genting Singapore fell 1.4 percent. The company's net profit fell 43 percent in the third quarter, hit by lower gaming revenue from VIP players. The earnings announcement came after market close.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3292.15 3301.00 -0.27
Kuala Lumpur 1825.11 1827.93 -0.15
Bangkok 1571.20 1567.34 +0.25
Jakarta 5032.28 4965.39 +1.35
Manila 7204.55 7192.12 +0.17
Ho Chi Minh 604.23 602.12 +0.35