ASEAN KEY DESTINATIONS
14 November 2014
The Straits Times Index (STI) ended +10.74 points higher or +0.32% to 3315.67, taking the year-to-date performance to +4.76%.
The FTSE ST Mid Cap Index declined -0.04% while the FTSE ST Small Cap Index declined -0.25%. The top active stocks were SingTel (+1.28%), Keppel Corp (-1.83%), DBS (+1.08%), CapitaLand (+0.93%) and Global Logistic (-1.53%).
The outperforming sectors today were represented by the FTSE ST Telecommunications Index (+1.08%). The two biggest stocks of the FTSE ST Telecommunications Index are SingTel (+1.28%) and StarHub (-0.74%). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -1.68% with Keppel Corp’s share price declining -1.83% and Sembcorp Industries’s share price declining -0.86%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-0.39%), SPDR Gold Shares (-0.69%), LYXOR Asia (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.88%), Suntec REIT (+0.27%), CapitaMall Trust (+0.25%).
The most active index warrants by value today were HSI24400MBeCW141230 (+2.00%), HSI23600MBePW141230 (-3.92%), HSI23800MBeCW141230 (+1.40%).
The most active stock warrants by value today were DBS MB eCW150602 (+5.98%), KepCorp MBePW150330 (+10.77%), OCBC Bk MBeCW150413 (+13.16%).
Singapore Stock Market
*ST Index 3,315.67 +10.74 3,304.93 +21.22
Volume: 1,516.5M 1,496.8M
Value: $1,049.6M $1,223.6M
Gainers/Losers: 191/239 220/195
Daily Market Commentary (Securities)
14 Nov 2014
The FBM KLCI index lost 2.02 points or 0.11% on Friday. The Finance Index increased 0.09% to 16412.72 points, the Properties Index dropped 0.61% to 1410.05 points and the Plantation Index down 0.33% to 8366.28 points. The market traded within a range of 5.87 points between an intra-day high of 1814.57 and a low of 1808.70 during the session.
Actively traded stocks include MINETEC-OR, EFFICEN, JASKITA, IFCAMSC, JADI, IFCAMSC-WA, KNM, THHEAVY, FOCUS-WC and SKPETRO. Trading volume decreased to 1649.89 mil shares worth RM1601.96 mil as compared to Thursday’s 1695.31 mil shares worth RM1727.69 mil.
Leading Movers were ASTRO (+7 sen to RM3.40), BAT (+118 sen to RM69.68), HLFG (+30 sen to RM17.76), GENM (+5 sen to RM4.11) and IHH (+5 sen to RM4.80). Lagging Movers were PETCHEM (-40 sen to RM5.45), KLK (-34 sen to RM22.84), KLCC (-8 sen to RM6.62), GENTING (-7 sen to RM9.22) and MAYBANK (-5 sen to RM9.56). Market breadth was negative with 235 gainers as compared to 548 losers.
The KLCI ended the last trading day of the week on a negative noted by closing lower at 1813.79 points. Market breadth was weaker as the muted sentiment and absence of fresh positive leads dented investors’ risk appetite.
Date As of: 13 November 2014
Description Volume Value Frequency
ETF 108,200 14,653,300 83
Stock 3,804,661,134 3,571,313,600,979 179,771
Warrant 37,774,800 2,213,407,800 551
Total 3,842,544,134 3,573,541,662,079 180,405
As of 14 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,659.56 2,594.88 1,064.68
Proprietary 2,837.84 2,730.76 107.08
Foreign 8,303.67 8,230.95 72.72
Individual 32,252.30 33,496.77 -1,244.47
Total Trading Value 47,053.36 M.Baht
Vietnam index dips 0.5 pct; eyes on vote, earnings
Vietnam's benchmark VN Index marked its third straight fall on Friday, closing down 0.46 percent at 600.36 points, the lowest in more than a week,
as investors eyed on a political ballot and amid earnings from some big-cap firms.
PetroVietNam Gas , Vietnam's biggest firm by market value, led the decliners to fall 1.89 percent, followed by Hanoi-based lender BIDV that lost 1.52 percent.
The market has been moving sideway for several days as investors waited for results of a confidence vote for the country's top 50 officials scheduled on Saturday, said analyst Hoang Huy of ACB Securities.
Several big-cap firms announced their third-quarter results on Friday, including food producer Masan Group Corp , the shares of which rose 1.21 percent despite a 18.8-percent drop in its nine-month net profit.
Shares of top insurer Baoviet Holdings fell 0.26 percent even after the firm said its net profit rose 3.9 percent in the third quarter from a year ago.
Here is a snapshot of the VN Index at the close
VN Index 600.36
PREV. CLOSE 603.16
% CHANGE -0.46%
SE Asia Stocks-Range-bound on slowing Chinese growth, crude oil
Southeast Asian stock markets ended range-bound on Friday following fresh signs of slowing Chinese growth, with lower crude oil prices dragging down energy shares across the region.
Concern over a slowing Chinese economy, the second largest in the world, also weighed on sentiment, as factory growth in October dipped and investment growth hit a near 13-year low.
Thailand's SET index ended 0.1 percent weaker while Indonesia's Jakarta Composite Index ended steady.
Malaysia's main index edged down 0.1 percent after official data showed the country's economy grew at its slowest pace this year during the third quarter.
Teerada Charnyingyong, senior strategist at Bangkok-based broker Phillip Securities, said investors in Thailand were waiting for some catalysts to buy shares.
"Investors will monitor economic indicators from Q3 (Thailand) GDP release next week given growing concerns about slower than expected recovery of the domestic economy. Foreign investors are heading for a holiday season and so domestic institutions will mainly dominate the market towards the end of the year."
Vietnam's benchmark VN Index extended its two-day falling streak as investors sold stocks following recent gains.
The index fell 0.5 percent and underperformed the region.
U.S. crude hovered around four-year low, a day after suffering a 3.9 percent slump amid oversupply concerns.
In Singapore, industrial conglomerate Keppel Corp Ltd and Sembcorp Industries Ltd fell 1.8 percent and 1.4 percent respectively on falling oil as concerns loomed over the possible adverse impact on their offshore arms.
Thailand's top oil firm PTT and PTT Exploration and Production lost 1.3 percent and 1.4 percent respectively, weighing down the overall index.
Bucking the trend, Singapore and the Philippines closed up 0.3 percent each.
Indonesia saw net foreign outflow of $18.63 million, while Malaysia witnessed $12.00 million worth of net foreign buying on Friday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3315.67 3304.93 +0.32
Kuala Lumpur 1813.79 1815.81 -0.11
Bangkok 1575.88 1577.21 -0.08
Jakarta 5049.49 5048.67 +0.02
Manila 7217.34 7198.63 +0.26
Ho Chi Minh 600.36 603.16 -0.46