ASEAN KEY DESTINATIONS
15 November 2013
The Straits Times Index (STI) ended 10.19 points higher or +0.32% to 3,201.27, taking the year-to-date performance to +1.08%.
The FTSE ST Mid Cap Index gained +0.30% while the FTSE ST Small Cap Index gained +0.17%. The top active stocks were Golden Agri-Resources (+3.42%), Wilmar (unchanged), GLP (+4.33%), Hutchison Port Holdings Trust (+0.73%) and Suntec REIT (-1.88%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+1.43%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (+0.64%) and Capitaland (+0.99%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.22% with Midas Holdings’ share price remaining unchanged and Geo Energy Resources’ share price declining -3.33%. The FTSE ST Technology Index gained +1.10% while the FTSE ST Consumer Goods Index gained +0.66%.
The three most active Exchange Traded Funds (ETFs) by value today were the Lyxor Asia (-1.29%), SPDR Gold Shares (-0.19%) and iShares MSCI India (-4.27%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-1.88%), Ascendas REIT (+0.44%) and CapitaCommercial Trust (unchanged).
The most active index warrants by value today were HSI23000MBeCW131230 (+35.80%), HSI22800MBePW131230 (-29.01%) and HSI22800MBePW131128 (-47.56%).
The most active stock warrants by value today were DBS MB eCW140204 (+0.89%), UOB MB eCW140103 (+7.00%) and KepCorp MBeCW140203 (-3.70%).
Singapore Stock Market
*ST Index 3,201.27 +10.19 3,191.08 +24.34
Volume: 1,598.3M 1,962.3M
Value: $1,017.7M $1,017.4M
Gainers/Losers: 227/170 228/204
Daily Market Commentary (Securities)
15 Nov 2013
The FBM KLCI index gained 5.67 points or 0.32% on Friday. The Finance Index increased 0.13% to 16492.43 points, the Properties Index up 0.31% to 1292.98 points and the Plantation Index rose 0.64% to 8680.33 points. The market traded within a range of 6.58 points between an intra-day high of 1790.78 and a low of 1784.20 during the session.
Actively traded stocks include AT, UNISEM-WA, UNISEM, ECOFIRS, SONA-WA, INSTACO-WB, DAYA, MAS, SUMATEC and INSTACO. Trading volume decreased to 1489.81 mil shares worth RM1583.97 mil as compared to Thursday’s 1541.77 mil shares worth RM1789.53 mil.
Leading Movers were PPB (+40 sen to RM14.34), PETGAS (+38 sen to RM23.10), HLBANK (+28 sen to RM14.18), KLK (+18 sen to RM23.30) and BAT (+10 sen to RM63.10). Lagging Movers were HLFG (-10 sen to RM14.90), AMMB (-10 sen to RM7.25), CIMB (-6 sen to RM7.38), DIGI (-2 sen to RM4.80) and AXIATA (-2 sen to RM6.82). Market breadth was positive with 424 gainers as compared to 364 losers.
The local bourse extended yesterday’s gains, eked up another 5.67 points to close the week at 1,789.87. The sanguine performance was in tandem with its regional peers after Federal Reserve chairman nominee Janet Yellen said she would continue U.S. stimulus and amid speculation China will release detail of economic reform latest by next week.
Date As of: 15 November 2013
Description Volume Value Frequency
ETF 20,500 4,962,000 11
Stock 4,482,172,336 4,285,080,866,678 115,209
Right 835,889 14,713,280 17
Warrant 18,580,666 1,984,740,786 629
Total 4,501,609,391 4,287,085,282,744 115,866
As of 15 November 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,565.54 1,614.19 951.35
Proprietary 3,776.55 2,512.79 1,263.77
Foreign 6,163.67 7,868.25 -1,704.58
Individual 14,678.92 15,189.46 -510.54
Total Trading Value 27,184.68 M.Baht
Vietnam's benchmark VN Index increased 0.7 percent to close at 501.34 points on Friday, boosted by news on a potential higher foreign ownership and a quickening credit growth in October, analysts said.
The State Securities Commission said foreign investors might be allowed to increase their voting rights to 60 percent in some listed companies if the draft is approved, the Vietnam Economic Times newspaper reported on Friday.
Banks in Vietnam reported loans at the end of October rose 7.18 percent from the end of 2012, and the annual credit growth could reach 11-12 percent as targeted, a state-run newspaper quoted the central bank governor on Friday as saying.
The news lifted most blue chips on Friday, analysts said.
Dairy product maker Vinamilk led the rising chart, advancing 1.44 percent, followed by PetroVietNam Gas, Vietnam's largest listed firm, gaining 0.79 percent.
Stocks of the Ho Chi Minh City-based Eximbank fell 0.75 percent, after the bank said its January-September net profit fell 52 percent from a year ago to 875 billion dong ($41.5 million).
Here is a snapshot of the VN Index
VN Index 501.34
PREV. CLOSE 497.85
% CHANGE 0.70%
Most Southeast Asian stocks eked out further gains on Friday, helped by the prospect of extended U.S. monetary stimulus, but Indonesian shares retreated as cautious investors cut holdings in risky assets in response to a tighter monetary policy.
Jakarta's Composite Index fell 0.7 percent, erasing its earlier gain and reversing a rise on Thursday. Interest rate-sensitive stocks such as property led among decliners after a surprise rate hike on Tuesday.
The benchmark dropped 3.2 percent on the week, Southeast Asia's worst performer.
Bank Indonesia raised its benchmark reference rate BIPG by 25 basis points to 7.50 percent on Tuesday, to help manage a wide current-account deficit and defend against capital outflows.
The central bank governor Agus Martowardojo said on Friday the bank will press forward with measures to deepen its foreign exchange and debt markets to ensure its financial system withstands potential turbulence.
The rupiah led slides among regional currencies over the week.
Stocks in Singapore, Malaysia, Thailand, the Philippines and Vietnam extended their gains for a second session, in line with the MSCI's
broadest index of Asia-Pacific shares which rose for a second day, up 1.2 percent.
Fed Vice Chairwoman Janet Yellen on Thursday robustly defended the Federal Reserve's bold steps to spur economic growth, calling efforts to boost hiring an "imperative" at a hearing into her nomination to become the first woman to lead the U.S. central bank.
In Bangkok, buying in large caps such as mobile phone operator Advanced Info Service and state run Krung Thai Bank helped send the SET index 1.1 percent higher on the week, its first gain in four weeks.
Trading volume was relatively thin which was around two-thirds of a full day average over the past 30 sessions as cautions remained over the domestic political tensions.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 408.99 409.13 -0.03
Singapore 3201.27 3191.08 +0.32
Kuala Lumpur 1789.87 1784.20 +0.32
Bangkok 1420.66 1415.69 +0.35
Jakarta 4335.45 4367.37 -0.73
Manila 6346.40 6327.88 +0.29
Ho Chi Minh 501.34 497.85 +0.70
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