ASEAN KEY DESTINATIONS
19 November 2014
The Straits Times Index (STI) ended +20.83 points higher or +0.63% to 3334.56, taking the year-to-date performance to +5.36%.
The FTSE ST Mid Cap Index gained +0.27% while the FTSE ST Small Cap Index gained +0.44%. The top active stocks were OCBC Bank (+2.34%), SingTel (-0.76%), DBS (+1.28%), Genting Sing (+1.40%) and UOB (+0.65%).
The outperforming sectors today were represented by the FTSE ST Financials Index (+0.84%). The two biggest stocks of the FTSE ST Financials Index are DBS Group Holdings (+1.28%) and UOB (+0.65%). The underperforming sector was the FTSE ST Technology Index, which declined -0.76% with Silverlake Axis’s share price declining -1.58% and STATS ChipPAC ’s share price unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.36%), IS MSCI India (-0.65%), STI ETF (+0.60%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.53%), Ascendas REIT (-0.44%), CapitaMall Trust (-0.50%).
The most active index warrants by value today were HSI23800MBeCW141230 (-13.19%), HSI23600MBePW141230 (+6.57%), HSI23000MBePW141230 (+6.74%).
The most active stock warrants by value today were DBS MB eCW150602 (+11.71%), OCBC Bk MBeCW150413 (+21.43%), KepCorp MBePW150330 (-6.48%).
Singapore Stock Market
*ST Index 3,334.56 +20.83 3,313.73 +25.06
Volume: 1,316.4M 1,282.3M
Value: $1,096.8M $1,009M
Gainers/Losers: 237/170 235/181
Daily Market Commentary (Securities)
19 Nov 2014
The FBM KLCI index gained 6.01 points or 0.33% on Wednesday. The Finance Index fell 0.19% to 16403.89 points, the Properties Index up 0.17% to 1405.86 points and the Plantation Index down 0.08% to 8335.71 points. The market traded within a range of 9.40 points between an intra-day high of 1827.40 and a low of 1818.00 during the session.
Actively traded stocks include SOLUTN, IFCAMSC, AAX, IFCAMSC-WA, SYSTECH, PRIVA, MINETEC, THHEAVY-WA, NEXGRAM and TDEX. Trading volume increased to 2105.61 mil shares worth RM1927.80 mil as compared to Tuesday’s 1755.30 mil shares worth RM1708.35 mil.
Leading Movers were GENTING (+47 sen to RM9.37), HLFG (+34 sen to RM17.98), TM (+13 sen to RM7.30), GENM (+6 sen to RM4.09) and FGV (+5 sen to RM3.41). Lagging Movers were KLK (-66 sen to RM23.00), CIMB (-14 sen to RM6.06), KLCC (-6 sen to RM6.86), RHBCAP (-5 sen to RM8.45) and SIME (-5 sen to RM9.65). Market breadth was positive with 438 gainers as compared to 357 losers.
The KLCI closed 6.01 points higher to settle at 1824.39 points. The local bourse pared some of its early morning gains on profit taking activities, amid the lack of fresh market catalysts. Regionally, Asian markets were mostly mixed, with Japanese markets reacting to a delay in sales-tax increase, additional stimulus and a call for election by locking in profits. Investor sentiment was further hit by extended losses in oil prices and China stocks beginning to lose momentum a few days after its stock-link debut.
Date As of: 19 November 2014
Description Volume Value Frequency
Total 5,870,764,054 5,907,344,988,155 240,505
ETF 80,000 33,502,800 221
Stock 5,839,816,454 5,905,749,721,655 235,546
Warrant 30,867,600 1,561,763,700 4,738
Thai bourse appoints new TFEX Managing Director
BANGKOK, November 19, 2014 - The Board of Governors of Thailand Futures Exchange pcl (TFEX), under the Stock Exchange of Thailand (SET) group, has appointed Rinjai Chakornpipat as Managing Director of TFEX, effective November 20, 2014.
Rinjai has wide-ranging and in-depth experiences and expertise in the future's exchange and the Thai capital market. She will be a key driver to strengthen TFEX, expand investors' base and develop TFEX products to serve investors' demand, with the synergy to enhance listed companies and related parties efficiently and effectively.
Rinjai is also a senior vice president and head of product business development of SET, focusing on business development of equities, derivatives and other financial products.
As of 19 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,116.86 3,113.71 1,003.15
Proprietary 3,731.13 3,564.66 166.47
Foreign 7,329.30 6,836.25 493.05
Individual 25,100.62 26,763.29 1,662.67
Total Trading Value 40,277.90 M.Baht
Vietnam index falls 1 pct, volume jumps on selling in blue chips
Vietnam's benchmark VN Index dropped 0.99 percent on Wednesday on strong selling in many blue-chip stocks, with volumes jumping nearly 13 percent.
Steel producer Hoa Phat Group led the fall, dropping 2.63 percent, while PetroVietNam Gas, the country's biggest listed firm by market value, slid 1.94 percent.
Volume rose 12.8 percent from Tuesday to 162.36 million shares, well above the five-day average of 144.67 million shares, Reuters data show.
Investors with a cautious view should stop buying when the market falls strongly, while they need to consider selling those stocks which have losses of 7-8 percent, BIDV Securities said in a note to clients.
The index has now fallen 8.7 percent since the year high of 644.56 points reached on Sept. 3.
Here is a snapshot of the VN Index at the close
VN Index 588.35
PREV. CLOSE 594.25
% CHANGE -0.99%
SE Asia Stocks-Mixed; Indonesia hits 7-week high
Southeast Asian stock markets ended mixed on Wednesday, with Indonesia extending gains after its central bank unexpectedly increased rates to contain inflationary pressure.
Indonesia's benchmark stock index rose 0.5 percent, its fourth daily gain, to its highest in seven weeks after Bank Indonesia raised key interest rates by 25 basis points to 7.75 percent a day after the government raised price of subsidised fuel by more than 30 percent.
"The main aim is to anchor inflation expectations going forward more than anything. BI remains confident that inflationary impact of the fuel price hike is only temporary," DBS Group said in a research note on Wednesday.
Shares of Indonesia's most valuable bank PT Bank Central Asia Tbk rose 1.9 percent.
Singapore's FTSE Straits Times Index led the region, with a 0.6 percent gain as banks posted better-than-expected third-quarter earnings, defying a weaker economy, said broker Maybank KimEng.
Shares of United Overseas Bank Ltd rose 0.7 percent as Maybank KimEng added it to the broker's top buy list.
Thailand's main stock index fell 0.2 percent on Wednesday after closing at its two-week high a day earlier.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3334.56 3313.73 +0.63
Kuala Lumpur 1824.39 1818.38 +0.33
Bangkok 1577.55 1581.27 -0.24
Jakarta 5127.93 5102.47 +0.50
Manila 7269.49 7275.66 -0.08
Ho Chi Minh 588.35 594.25 -0.99