ASEAN KEY DESTINATIONS
28 November 2013
The Straits Times Index (STI) ended 14.31 points higher or +0.45% to 3,186.37, taking the year-to-date performance to +0.61%.
The FTSE ST Mid Cap Index gained +0.21% while the FTSE ST Small Cap Index gained +0.22%. The top active stocks were SingTel (-0.53%), DBS (+0.82%), Keppel Corporation (+0.62%), Wilmar International (+0.85%) and UOB (+0.86%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+0.71%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corporation (+0.62%) and Sembcorp Marine (+0.45%). The underperforming sector was the FTSE ST Technology Index, which declined -0.86% with Liongold Corp’s share price gaining +0.55% and STATS ChipPAC’s share price gaining +1.61%. The FTSE ST Consumer Goods Index gained +0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (unchanged), United FT/Xinhua China A50 ETF (+1.89%) and SPDR Gold Shares (-0.36%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.44%), CapitaMall Trust (+0.26%) and Suntec REIT (-0.32%).
The most active index warrants by value today were HSI24000MBeCW140129 (-2.19%), HSI23600MBeCW131230 (-4.62%) and HSI23400MBePW131230 (+1.52%).
The most active stock warrants by value today were DBS MB eCW140204 (+7.61%), KepCorp MBeCW140203 (+5.16%) and UOB MB eCW140103 (+15.79%).
Singapore Stock Market
*ST Index 3,186.37 +14.31 3,172.06 -1.45
Volume: 1,274M 1,642.9M
Value: $691.8M $810.8M
Gainers/Losers: 229/159 184/226
Daily Market Commentary (Securities)
28 Nov 2013
The FBM KLCI index gained 9.14 points or 0.51% on Thursday. The Finance Index increased 0.42% to 16645.25 points, the Properties Index dropped 0.02% to 1279.01 points and the Plantation Index rose 0.66% to 8849.65 points. The market traded within a range of 7.72 points between an intra-day high of 1807.60 and a low of 1799.88 during the session.
Actively traded stocks include DSCSOL, AMEDIA, SUMATEC, CSL, TIGER, BARAKAH, INSTACO, SUMATEC-WB, INSAS and SOLUTN.
Trading volume decreased to 1288.84 mil shares worth RM1350.65 mil as compared to Wednesday’s 1495.67 mil shares worth RM2033.82 mil.
Leading Movers were BAT (+100 sen to RM63.00), KLK (+56 sen to RM24.50), PETGAS (+50 sen to RM23.60), PPB (+24 sen to RM14.72) and HLFG (+24 sen to RM15.66). Lagging Movers were RHBCAP (-9 sen to RM7.62), AMMB (-7 sen to RM7.33), PETDAG (-6 sen to RM30.44), MISC (-5 sen to RM5.45) and IHH (-2 sen to RM4.05). Market breadth was negative with 348 gainers as compared to 380 losers.
The KLCI advanced for the fourth consecutive day by rising 9.14 points to end at 1807.6, supported by gains in selected blue chip counters. Market sentiment was buoyed by the positive overnight performance in US markets.
Date As of: 28 November 2013
Description Volume Value Frequency
Total 3,740,542,817 3,673,275,025,148 96,079
ETF 7,500 4,880,000 15
Stock 3,727,497,317 3,672,390,561,648 95,044
Warrant 13,038,000 879,583,500 1,020
Thai bourse announces new last trading days for contracts expiring in Dec 2013
Bangkok, November 28, 2013 – The Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, announced new last trading days for derivative contracts expiring in December due to the extra Thai holiday on December 30, 2013. Thus, the last trading day for SET50 futures and options, stock futures, sector futures and USD futures with December 2013 maturity (series Z13) will be moved to December 26, 2013 and the last trading days for gold and silver futures with December 2013 maturity (series Z13) will be changed to December 24, 2013.
TFEX Managing Director Kesara Manchusree said: “Thailand Futures Exchange Public Company Limited (TFEX) announced an extra holiday on December 30 in line with the announcement of The Bank of Thailand and The Securities and Exchange Commission. Therefore, the last business day for December 2013 will be December 27. As a result, the last trading day for SET50 futures and options, stock futures, sector futures and USD futures that mature in December 2013 (series Z13) will be moved to December 26, 2013. Gold futures and silver futures that mature in December 2013 (series Z13) will be moved to December 24, 2013, as there will be no goal and silver fixing price from London Bullion Market Association (LBMA) on December 25 – 26 due to bank holidays in the United Kingdom (Christmas Holidays).”
Adjusting the last trading day for derivatives contracts with December 2013 maturity will cause a change of contract symbols. The adjusted symbols will be effective from the morning session of December 2 to the expiration date of the contracts. For more information about the changes, please visit www.tfex.co.th, call S-E-T Call Center 0 2229 2222 or contact your TFEX brokers.
As of 28 November 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,433.00 2,971.60 461.40
Proprietary 3,114.55 3,948.00 -833.45
Foreign 7,839.96 8,233.60 -393.64
Individual 19,226.08 18,460.39 765.69
Total Trading Value 33,613.59 M.Baht
Vietnam index edges down 0.1 pct, investors cautious Vietnam's benchmark VN Index dipped 0.14 percent to close at 507.71 points on Thursday in a low trading volume as investors were cautious, keeping an eye on the exchange rate, an analyst said.
Volume dropped 20 percent to 82 million shares on Thursday, Reuters data showed. The market lacked supportive news to lift the index beyond 510 points, Vietcombank Securities said in a note to clients on Thursday.
Shares of dairy product maker Vinamilk led the falls, losing 1.46 percent.
Investors were waiting to see if the government would devaluate the Vietnamese dong by the year end, said analyst Nguyen Phong at Viet Capital Securities.
The government plans to devalue the Vietnamese dong as much as 2 percent this year, Prime Minister Nguyen Tan Dung has said in September.
The central bank has so far this year cut the dong rate only by 1 percent in late June, lowering the mid-point rate for dollar/dong interbank transactions to 21,036 dong per dollar.
Here is a snapshot of the VN Index at the close
VN Index 507.71
PREV. CLOSE 508.43
% CHANGE -0.14%
Thai stocks ended a two-day winning streak and fell on Thursday as investors cashed in quick gains amid political uncertainty and weak economic data, while Indonesian shares failed to hold on to earlier gains to end at 11-week closing lows on a weak rupiah.
Thai SET index finished down 1 percent, climbing at one point to a one-week high as positive U.S. economic data buoyed sentiment in Asia, luring buyers of the battered Thai stocks.
Shares of PTT Exploration and Production slipped 2.2 percent, trimming some of the 3.5 percent rise over past two days. Tourism stocks were broadly weak, led by hotelier Central Plaza Hotel amid anti-government protests in Bangkok.
Thailand's embattled Prime Minister Yingluck Shinawatra breezed through a no-confidence vote in parliament on Thursday as confusion emerged over the goals of an anti-government protest movement massing at government offices.
Thai factory output shrank more than expected in October, adding to a string of weak data that prompted the central bank to unexpectedly cut interest rates to support the economy as mounting political tension dents confidence.
Jakarta's Composite Index was down 0.4 percent at 4,233.92, the lowest close since Sept. 9, as the rupiah hit the 12,000 per dollar psychological support level on Thursday for the first time in nearly five years.
Stocks in the Philippines climbed 1.92 percent, while Singapore and Malaysia both edged up about 0.5 percent as MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.43 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 397.39 397.89 -0.13
Singapore 3186.37 3172.06 +0.45
Kuala Lumpur 1807.60 1798.46 +0.51
Bangkok 1359.45 1373.11 -0.99
Jakarta 4233.93 4251.49 -0.41
Manila 6169.96 6053.87 +1.92
Ho Chi Minh 507.71 508.43 -0.14
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