ASEAN KEY DESTINATIONS
12 November 2013
The Straits Times Index (STI) ended 6.47 points lower or -0.20% to 3,180.25, taking the year-to-date performance to +0.42%.
The FTSE ST Mid Cap Index declined -0.60% while the FTSE ST Small Cap Index declined -0.35%. The top active stocks were JMH 400(-0.82%), Noble Group (+1.41%), Capitaland (-0.66%), Wilmar (+1.16%) and SingTel (-0.52%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+2.00%). The two biggest stocks of the FTSE ST Health Care Index are Biosensors International Group (+4.52%) and Raffles Medical Group (-0.62%). The underperforming sector was the FTSE ST Technology Index, which declined -0.95% with Liongold Corp’s share price remaining unchanged and STATS ChipPAC’s share price declining -3.13%. The FTSE ST Consumer Goods Index declined -0.33%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.20%), SPDR STI ETF (-0.92%) and iShares MSCI INDIA 100 (-0.35%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.92%), CapitaMall Trust (unchanged) and Ascendas REIT (-0.44%).
The most active index warrants by value today were HSI22800MBePW131230 (+11.11%), HSI23000MBeCW131230 (-13.12%) and HSI23200MBeCW131128 (-22.22%).
The most active stock warrants by value today were DBS MB eCW140204 (-3.81%), Wilmar MBeCW140203 (+2.17%) and Ezra MBeCW140602 (-0.75%).
Singapore Stock Market
*ST Index 3,180.25 -6.47 3,186.72 +9.47
Volume: 1,816.3M 1,682.3M
Value: $981.1M $832.1M
Gainers/Losers: 158/244 193/238
Daily Market Commentary (Securities)
12 Nov 2013
The FBM KLCI index lost 9.41 points or 0.52% on Tuesday. The Finance Index fell 0.45% to 16663.51 points, the Properties Index dropped 0.48% to 1305.21 points and the Plantation Index down 0.40% to 8596.78 points. The market traded within a range of 16.97 points between an intra-day high of 1805.33 and a low of 1788.36 during the session.
Actively traded stocks include NEXTNAT, LUSTER, SUMATEC, INSAS, TIGER, SUMATER-WA, SONA-WA, AT, TMS and TAKASO. Trading volume increased to 2403.28 mil shares worth RM2087.61 mil as compared to Monday’s 2192.00 mil shares worth RM1836.66 mil.
Leading Movers were BAT (+10 sen to RM63.00), IHH (+2 sen to RM4.16), AXIATA (+1 sen to RM6.85), MAXIS (+1 sen to RM7.12) and HLFG (+0 sen to RM15.04). Lagging Movers were PETGAS (-44 sen to RM23.48), PPB (-18 sen to RM13.96), KLK (-16 sen to RM23.22), UMW (-14 sen to RM12.30) and DIGI (-6 sen to RM4.85). Market breadth was negative with 300 gainers as compared to 528 losers.
The local bourse registered a tepid performance for the day, eased by 9.41 points to close the day at 1,794.8 as investors continued to trade warily amid the release of economic policy details from a key meeting of China's ruling Communist Party in Beijing. We reckon that market sentiment was in cautious mode as trading volumes were light as seen across peers as investors anxiously awaiting news from the plenary meeting.
Date As of: 12 November 2013
Description Volume Value Frequency
ETF 49,500 33,961,000 51
Stock 4,606,009,085 5,227,417,252,211 156,081
Warrant 43,226,600 2,679,513,500 1,208
Total 4,649,285,185 5,230,130,726,711 157,340
As of 12 November 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,986.87 2,439.50 547.36
Proprietary 3,922.73 3,489.18 433.55
Foreign 7,271.45 10,536.09 -3,264.64
Individual 16,282.92 13,999.19 2,283.73
Total Trading Value 30,463.98 M.Baht
Vietnam's benchmark VN Index dropped 0.68 percent to close at 497.65 points on Tuesday as investors sold stocks in high volume for a quick profit, analysts said.
Trading volume on the Ho Chi Minh Stock Exchange surged to its highest since May 31, with about 122 million shares changing
hands on Tuesday.
Commercial banks led the fall. Hanoi-based Vietcombank dropped 1 percent, Sacombank dipped 1.2 percent and Eximbank ended 1.5 percent lower.
Shares of real estate firm Tan Tao Investment and Industry Corp fell 3 percent. Its trading volume was the highest
on the exchange on Tuesday.
Investors have been attracted to real estate stocks recently in expectation that the government would ease its requirements
for property buyers to get loans from a 30 trillion dong ($1.4 billion) stimulus package effective in June, analysts said.
Here is a snapshot of the VN Index at close
VN Index 497.65
PREV. CLOSE 501.08
% CHANGE -0.68%
ndonesian shares slid to five-week lows on Tuesday as the central bank's surprise interest rate hike triggered broad selling, led by banking stocks, while typhoon-hit Philippines rebounded and Thai stocks rose amid easing political tensions.
Jakarta's Composite Index ended down 1.4 percent at 4,380.64, the lowest close since Oct. 7, with selling most heavy in shares in Bank Mandiri and Bank Rakyat Indonesia.
Foreign investors sold Indonesian shares worth a net 463 billion rupiah ($40 million), marking a seventh session of selling, Thomson Reuters data showed.
Indonesia's central bank raised its benchmark reference rate to 7.50 percent on Tuesday, in a surprise move to help shrink a worryingly large deficit in the current account.
The Philippine main index rose 0.94 percent after falling near six-week lows on Monday amid hopes that super typhoon Haiyan's impact on the broader economy would be limited
Thai SET index ended up 0.5 percent as domestic political tensions eased after the Senate rejected on Monday a government-backed amnesty bill that has sparked mass protests in Bangkok.
Stocks in Malaysia, Singapore and Vietnam drifted into negative territory, in line with the weakness in world shares.
The region saw more foreign selling, with Malaysia and Thailand both recording net foreign selling for an eighth session worth 345 million ringgit ($107.79 million) and 3.3 billion baht ($104.30 million), respectively, stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 407.77 409.74 -0.48
Singapore 3180.25 3186.72 -0.20
Kuala Lumpur 1794.80 1804.21 -0.52
Bangkok 1413.08 1405.91 +0.51
Jakarta 4380.64 4441.72 -1.38
Manila 6324.17 6265.23 +0.94
Ho Chi Minh 497.65 501.08 -0.68
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