ASEAN KEY DESTINATIONS
03 November 2014
The Straits Times Index (STI) ended +16.59 points higher or +0.51% to 3290.84, taking the year-to-date performance to +3.98%.
The FTSE ST Mid Cap Index declined -0.05% while the FTSE ST Small Cap Index gained +0.59%. The top active stocks were DBS (+1.84%), SingTel (+0.53%), Keppel Corp (+1.06%), Noble (+0.84%) and UOB (+1.26%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.25%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+1.71%) and Hyflux (unchanged). The underperforming sector was the FTSE ST Consumer Goods Index, which declined -0.94% with Wilmar International’s share price unchanged and Thai Beverage’s share price declining -1.31%. The FTSE ST Consumer Services Index gained +0.23%. The FTSE ST Real Estate Index gained +0.20%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.94%), IS MSCI India (-0.39%), STI ETF (+0.60%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.45%), CapitaMall Trust (+0.25%), CapitaCom Trust (-0.60%).
The most active index warrants by value today were HSI24200MBeCW141127 (-15.94%), HSI24000MBePW141127 (+9.47%), HSI23600MBeCW141127 (-14.17%).
The most active stock warrants by value today were UOB MB eCW150302 (+11.51%), DBS MB eCW150106 (+24.24%), KepCorp MBeCW150401 (+6.67%).
Singapore Stock Market
*ST Index 3,290.84 +16.59 3,274.25 +39.94
Volume: 2,146.3M 1,732.8M
Value: $1,060.2M $1,489.7M
Gainers/Losers: 287/170 352/100
Daily Market Commentary (Securities)
3 Nov 2014
The FBM KLCI index lost 1.81 points or 0.10% on Monday. The Finance Index fell 0.18% to 16796.57 points, the Properties Index up 0.18% to 1464.34 points and the Plantation Index down 0.53% to 8508.54 points. The market traded within a range of 9.84 points between an intra-day high of 1858.09 and a low of 1848.25 during the session.
Actively traded stocks include DNEX, HUBLINE, CENSOF-WB, NEXGRAM, IFCAMSC, IFCAMSC-WA, BJCORP, SUMATEC, KTB and NIHSIN. Trading volume decreased to 1862.95 mil shares worth RM1895.47 mil as compared to Friday’s 2752.29 mil shares worth RM2401.68 mil.
Leading Movers were TM (+8 sen to RM7.28), TENAGA (+14 sen to RM13.50), MAXIS (+7 sen to RM6.81), PETDAG (+12 sen to RM20.52) and MISC (+4 sen to RM6.90). Lagging Movers were FGV (-11 sen to RM3.55), PETGAS (-54 sen to RM21.94), KLCC (-15 sen to RM6.73), CIMB (-8 sen to RM6.41) and SKPETRO (-2 sen to RM3.39). Market breadth was negative with 422 gainers as compared to 449 losers.
The KLCI started the first trading day of the week in negative territory by finishing 1.81 points lower at 1853.34, despite Friday’s jump in Wall Street as an unexpected boost in stimulus from the Bank of Japan spurred optimism in the global economy. Our benchmark index were bogged down by selling in banking counters such as CIMB, Public Bank and RHB Capital.
Thai bourse grants awards to library developer and educator
BANGKOK, November 3, 2014 - The Stock Exchange of Thailand (SET) honors and encourages philanthropic actions of individuals and organizations through its annual "Social Recognition Project" via SET-sponsored awards covering seven areas. This year's award from Professor Khunying Manmas Chavalit has been granted to "Arrom Chuchot," a dedicated librarian and "Ban Poh Kla" club, a volunteer group motivating reading and building library for self learning, while the award from the Professor Sangvian Indaravijaya Foundation for education development, has been granted to "Suthisak Kaewkamcharn."
These two awards, part of the awards in seven areas, selected by seven organizations, recognizing the outstanding individuals, is one of SET's key
corporate social responsibility projects. This project identifies, honors and motivates the social leaders who are dedicated to benefiting the society and
inspiring others to follow their footsteps.
Sathit Limpongpan, SET Chairman and chairman of the SET Foundation said that the two awardees on library developer had put tremendous efforts and dedication for Thai society, continuously developing library projects and enhance reading in remote areas. Meanwhile, the education development award, granted to Suthisak, an academic, valued his effort in empowering a community in Surin province (northeastern part of Thailand) by using Sufficiency Economic theory to get rid of poverty. At today's event, SET granted THB 2 million each for their great contributions to the society.
Khunying Manmas Chavalit, Chairman of the Thai Library Association, said that the award was prestigious. It was great that the more we searched, the more we found persons doing good deeds for society in various communities, especially the librarian professionals focusing on self-improved learning source for youth and community. This would enhance reading in a wider scope, promoting learning opportunity and equality, as well as the habits of sharing and helping each other, truly identified as Thai traits and treasures. Finally the country would become strong and sustainable.
Sopawadee Lertmanaschai, director and secretary of the Professor Sangvian Indaravijaya Foundation, said the foundation was committed to encouraging and enhancing education, a key factor for the country's development. Our mission to support people of all ages and genders in need of education has provided opportunities in learning and creating quality citizens with social contributions and inspiration. Human resource capability has proved to be key to the country's competitiveness and prosperity, as well as social development.
SET has recently granted five awards. The Population and Community Development Association's (PDA) award for rural social development has recently been granted to "Association of the Blind in Phatthalong" and "Youth for Next Step", while the award from the Duang Prateep Foundation has been granted to Preecha Phommanee.
The award for the Football History Association has been granted to Niwat Sriswat for his 15 years of outstanding work in coaching community youth football and Nimae Nidehah for his football coaching in Pattani for two decades, while the one for the Sugree Charoensook award has been granted to Thanis Sriklindee for his musical talent in initiating Thai folk flute's incredible techniques and varieties to preserve Thai cultural heritage.
The other award from the Vimuttayalaya Foundation for social development has been granted to Pootalaewishshalai School for its role model in managing the new and unique practical education following His Majesty the King's initiatives of the sufficiency economy philosophy.
As of 3 November 2014 Unit: M.Baht
Type Buy Sell Net
Institution 7,719.15 3,370.06 4,349.10
Proprietary 5,328.10 3,213.88 2,114.22
Foreign 10,920.12 11,027.75 -107.64
Individual 32,791.87 39,147.55 -6,355.68
Total Trading Value 56,759.24 M.Baht
Vietnam index gains 0.4 pct after BoJ stimulus
Vietnam's benchmark VN Index closed up 0.38 percent on Monday as an echo of Japan's unexpected stimulus package enlargement last week, and after data showed expansion of Vietnam's manufacturing sector, analysts said.
On Friday, the Bank of Japan (BoJ) surprised global markets by expanding its massive stimulus spending as economic growth and inflation have not picked up as much as expected.
"Today is basically an extension of BoJ news last week, which is likely to buoy a short-term recovery for our market," said analyst Tran Minh Hoang of Vietcombank Securities.
But he said a rising trend was yet to emerge after sharp fluctuations of Vietnamese shares.
Property firm Vingroup led the gainers with a 2.5 percent climb, followed by Hanoi-based Vietcombank that rose 1.81 percent.
A HSBC and Markit Economics report said Vietnam's manufacturing sector in October extended expansion on higher exports orders and a sharp employment growth.
After the market close, Fitch Ratings upgraded Vietnam's long-term foreign and local currency issuer default ratings (IDRs) to 'BB-' from 'B+'.
Here is a snapshot of the VN Index at the close
VN Index 603.15
PREV. CLOSE 600.84
% CHANGE 0.38%
SE Asia Stocks -Mixed; Philippines posts biggest monthly gain on BoJ stimulus
Southeast Asian stock markets traded mixed on Monday with the Philippine index posting its biggest gain in a month after the Bank of Japan expanded its stimulus, while other markets were overshadowed by signs of a slowdown in China.
Shares in the Philippines rose 1.35 percent, its biggest gain since Sept. 3, to close at its highest in more than five weeks. Singapore extended gains to a fourth day. However, MSCI's broadest index of Asia-Pacific shares outside Japan fell around 0.5 percent from a five-week high.
"It's really because of what Japan did last week. The stimulus brought global markets up," Miguel Agarao, analyst at Wealth Securities Inc in Manila, said over the telephone. "It was a surprise because the U.S. is ending its stimulus but Japan is increasing so it's good for liquidity," he said.
On Friday, the Bank of Japan surprised global markets by expanding its massive stimulus spending as economic growth and inflation have not picked up as much as expected.
China's factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country's growth outlook is hazy at best.
Indonesian shares were down 0.1 percent as the country's trade deficit narrowed in September, but was larger than expected.
Shares of Indonesian animal feed companies were among the biggest losers after disappointing earnings. PT Malindo Feedmill Tbk fell more than 20 percent after reporting a 92 percent plunge in net profit for the nine months ended September.
The Malaysian stock index was down 0.1 percent while Thai stocks fell 0.3 percent for the day.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3290.84 3274.25 +0.51
Kuala Lumpur 1853.34 1855.15 -0.10
Bangkok 1579.18 1584.16 -0.31
Jakarta 5085.51 5089.55 -0.08
Manila 7312.85 7215.73 +1.35
Ho Chi Minh 603.15 600.84 +0.38