ASEAN KEY DESTINATIONS
17 November 2014
The Straits Times Index (STI) ended -27.00 points lower or -0.81% to 3288.67, taking the year-to-date performance to +3.91%.
The FTSE ST Mid Cap Index declined -0.48% while the FTSE ST Small Cap Index declined -0.98%. The top active stocks were SingTel (-0.51%), DBS (-2.08%), Global Logistic (-1.95%), ThaiBev (-5.92%) and CapitaLand (-0.31%).
The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index (-0.17%). The two biggest stocks of the FTSE ST Real Estate Investment Trusts Index are CapitaMall Trust (unchanged) and Ascendas REIT (-0.44%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -4.73% with Midas Holdings’ share price declining -7.81% and Geo Energy Resources’ share price declining -4.44%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+3.04%), STI ETF (-0.60%), Nikko Am Singapore STI ETF (-0.30%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.27%), Ascendas REIT (-0.44%), CapitaMall Trust (unchanged).
The most active index warrants by value today were HSI24400MBeCW141230 (-18.63%), HSI23600MBePW141230 (+10.20%), HSI23800MBeCW141230 (-16.55%).
The most active stock warrants by value today were DBS MB eCW150602 (-16.13%), DBS MB ePW150401 (+18.00%), SGX MB eCW150302 (-6.98%).
Singapore Stock Market
*ST Index 3,288.67 -27 3,315.67 +10.74
Volume: 1,225.5M 1,516.5M
Value: $1,030.3M $1,049.6M
Gainers/Losers: 152/318 191/239
As of 17 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 1,444.20 2,204.45 -760.25
Proprietary 2,519.53 2,351.07 168.46
Foreign 7,391.66 7,695.42 -303.76
Individual 29,095.68 28,200.14 895.55
Total Trading Value 40,451.08 M.Baht
Vietnam index almost flat, eyes on margin rule
Vietnam's benchmark VN Index edged up 0.09 percent on Monday as equities moved mixed in low volume amid high margin trading ratio while investors waited for regulations on the limit of stock loans.
The number of rising shares was almost equal to those that lost ground, while volume dropped to 114.41 million stocks, the lowest since Nov. 6, Reuters data showed.
"Large funds are awaiting news relating to a central bank draft that would either enlarge or cut margin trading limit," said analyst Do Quang Hop at Saigon-Hanoi Securities.
Hanoi-based lender BIDV led the gainers to rise 1.54 percent, while Vietcombank was among the top decliners with a 0.73-percent fall.
Here is a snapshot of the VN Index at the close
VN Index 600.93
PREV. CLOSE 600.36
% CHANGE 0.09%
SE Asia Stocks - Thai index extends losing streak after weak Q3 GDP
Thai shares fell for a second consecutive session on Monday after data showed weaker-than-expected GDP growth for the third quarter, accompanied by a cut in the 2014 outlook, with profit-taking hitting large-caps after the end of the reporting season.
The Thai SET index ended down 0.4 percent after a moderate loss on Friday. Siam Commercial Bank slipped 1.6 percent, the second-biggest loser on the large-cap SET 50 index .
Thailand cut its outlook for the fourth time this year after its economy grew much less than expected in the July-September quarter, hit by a contraction in exports and tourism.
Brokers expected market weakness in the near term, citing high valuations. Phillip Securities said the SET's forward earnings multiple had risen above 16, while historical data suggested an earnings multiple of 15 pointing to a correction.
Markets across the region capitulated as share prices had been rising for some time, said Viwat Techapoonphol, strategist at Tisco Securities. "Domestically, we expect some buying support from long-term equity funds," Techapoonphol said.
Long-term equity funds (LTF), as well as retirement mutual funds (RMF), are more popular towards the end of the year due to a favourable tax treatment of the funds.
Among the weak performers, Singapore eased 0.8 percent after Friday's rise to a near two-month high and Malaysia extended loss for a fifth session to near four-week closing low.
Stocks in Indonesia , the Philippines and Vietnam were little changed.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.7 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3288.67 3315.67 -0.81
Kuala Lumpur 1806.48 1813.79 -0.40
Bangkok 1569.07 1575.88 -0.43
Jakarta 5053.94 5049.49 +0.09
Manila 7229.72 7217.34 +0.17
Ho Chi Minh 600.93 600.36 +0.09