ASEAN KEY DESTINATIONS
26 November 2014
The Straits Times Index (STI) ended +0.94 points higher or +0.03% to 3345.93, taking the year-to-date performance to +5.72%.
The FTSE ST Mid Cap Index gained +0.08% while the FTSE ST Small Cap Index gained +0.08%. The top active stocks were SingTel (+0.26%), Global Logistic (+1.52%), DBS (-0.40%), OCBC Bank (+1.26%) and UOB (-0.42%).
The outperforming sectors today were represented by the FTSE ST Consumer Services Index (+0.40%). The two biggest stocks of the FTSE ST Consumer Services Index are Jardine Cycle & Carriage (+0.29%) and Genting Singapore (+0.44%). The underperforming sector was the FTSE ST Utilities Index, which declined -0.97% with United Envirotech’s share price declining -0.61% and Hyflux’s share price gaining +1.09%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.78%), SPDR Gold Shares (-0.22%), United SSE 50 China ETF (+2.33%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+0.26%), Ascendas REIT (+0.87%), CapitaMall Trust (+0.51%).
The most active index warrants by value today were HSI23800MBeCW141230 (+20.35%), HSI24400MBeCW141230 (+18.67%), HSI23600MBePW141230 (-20.00%).
The most active stock warrants by value today were OCBC Bk MBeCW150413 (+6.38%), KepCorp MBePW150330 (-5.88%), UOB MB eCW150415 (unchanged).
Singapore Stock Market
*ST Index 3,349.66 +4.67 3,344.99 +4.46
Volume: 1,630.7M 1,775M
Value: $1,209.4M $1,833.5M
Gainers/Losers: 224/186 172/233
Daily Market Commentary (Securities)
26 Nov 2014
The FBM KLCI index gained 3.61 points or 0.20% on Wednesday. The Finance Index increased 0.50% to 16393.2 points, the Properties Index dropped 0.44% to 1403.35 points and the Plantation Index down 0.31% to 8332.78 points. The market traded within a range of 8.29 points between an intra-day high of 1845.08 and a low of 1836.79 during the session.
Actively traded stocks include MINETEC, MUIIND, NOVAMSC, JAG, KNM, HUBLINE, PRIVA, SYSTECH, NEXGRAM and SONA-WA. Trading volume decreased to 1733.52 mil shares worth RM1469.41 mil as compared to Tuesday’s 2091.17 mil shares worth RM2462.91 mil.
Leading Movers were BAT (+186 sen to RM71.52), GENM (+9 sen to RM4.21), GENTING (+11 sen to RM9.20), TENAGA (+16 sen to RM14.52) and PBBANK (+16 sen to RM18.60). Lagging Movers were TM (-26 sen to RM7.24), MAXIS (-1 sen to RM7.05), SKPETRO (-3 sen to RM3.23), PETCHEM (-5 sen to RM5.73) and ASTRO (-3 sen to RM3.47). Market breadth was negative with 321 gainers as compared to 452 losers.
The day ended with the KLCI closing marginally higher at 1842.17 points despite the overnight losses in Wall Street and the drop of US consumer confidence to five-month low. However, market breadth was weaker as investors were taking profit after the surge of our local bourse in the past few days.
Date As of: 26 November 2014
Description Volume Value Frequency
Total 5,740,375,257 4,720,192,625,308 218,617
ETF 12,800 9,864,500 94
Stock 5,722,254,257 4,719,603,356,908 217,800
Warrant 18,108,200 579,403,900 723
As of 26 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 4,602.57 4,816.23 -213.66
Proprietary 5,707.07 4,046.27 1,660.80
Foreign 8,308.63 8,199.49 109.14
Individual 41,977.21 43,533.49 -1,556.28
Total Trading Value 60,595.48 M.Baht
Vietnam index ends at 5-mth low, energy stocks fall
Vietnam's benchmark VN Index dropped 1.68 percent to close at 576.04 points, the lowest since June 25, on widespread selling, led by the oil and
gas sector following a sharp drop in global oil prices.
A meeting between OPEC members Saudi Arabia and Venezuela with Russia and Mexico resulted in no deal to curb output against a 30 percent slump in prices since June, dragging Brent down before it rebounded on Wednesday as Saudi Arabia's oil minister said the oil market would stabilise.
Shares of PetroVietNam Gas , Vietnam's biggest firm by market value, fell 4.57 percent to end at 94,000 dong ($4.39), a level unseen since late May, and other energy shares also dropped, including Petrovietnam Drilling & Well Services Corp with a 3.49 percent decline.
Most Vietnamese equities fell slightly, while Saigon Securities Incorp , Vietnam's top brokerage by market share, bucked the trend to close up 0.68 percent with volume nearing a two-month high.
SSI shares may be sought by two major exchange-traded funds db x-trackers FTSE Vietnam and Market Vectors Vietnam during their restructuring in December, said analyst Uyen Nguyen of ACB Securities in a note to clients on Wednesday.
Here is a snapshot of the VN Index at the close
VN Index 475.24
P REV. CLOSE 473.02
% CHANGE 0.47%
SE Asia Stocks-Vietnam underperforms as energy stocks drag; others rangebound
Vietnam's benchmark VN Index dropped 1.7 percent on Wednesday to a five-month closing low, dragged lower by the oil and gas sector on a sharp drop in global oil prices.
The meeting between Saudi Arabia and Venezuela with non-OPEC oil producers Russia and Mexico on Tuesday resulted in no deal to curb output against a 30 percent slump in prices since June, dragging Brent down before it rebounded on Wednesday on comments by Saudi Arabia's oil minister that the oil market would stabilise.
Analysts said investors waited for clues about the global economy from U.S. data, including personal income and spending, durable goods orders, and weekly jobless claims, due later in the day.
Shares of PetroVietNam Gas , Vietnam's biggest firm by market value, fell 4.6 percent to a six-month low, while Petrovietnam Drilling and Well Services Corp lost 3.5 percent.
The Jakarta Composite Index closed 0.3 percent firmer, the Singapore index ended up 0.1 percent, and the Malaysian stock index finished 0.2 percent higher for a third straight winning session.
Philippine stocks outperformed the region, rising 1 percent to its highest since Sept. 25 on Wednesday with SM Investments and Philippine Long Distance Telephone Co gaining 2.4 percent and 1 percent, respectively.
The Thai index ended down 0.4 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3349.66 3344.99 +0.14
Kuala Lumpur 1842.17 1838.56 +0.20
Bangkok 1591.00 1596.80 -0.36
Jakarta 5133.04 5118.95 +0.28
Manila 7356.59 7286.85 +0.96
Ho Chi Minh 576.04 585.91 -1.68