ASEAN KEY DESTINATIONS
11 October 2013
The Straits Times Index (STI) ended 9.80 points higher or +0.31% to 3,179.71, taking the year-to-date performance to +0.40%.
The FTSE ST Mid Cap Index gained +0.16% while the FTSE ST Small Cap Index declined -0.10%. The top active stocks were SingTel (-0.53%), Keppel Corp (+0.74%), DBS (+0.61%), OCBC Bank (-0.10%) and GLP (+2.08%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+1.34%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (+1.10%) and Capitaland (+0.96%). The underperforming sector was the FTSE ST Technology Index, which declined -2.58% with Liongold Corp’s share price declining -16.76% and STATS ChipPAC‘s share price remaining unchanged. The FTSE ST Consumer Goods Index declined -0.17%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.89%), Lyxor Asia 10 (+1.46%) and db x-Trackers MSCI China Index UCITS (+2.12%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.43%), CapitaCommercial Trust (+0.35%) and CapitaMall Trust (+0.51%).
The most active index warrants by value today were HSI23200MBeCW131128 (+12.50%), HSI22800MBeCW131030 (+26.74%) and HSI23400MBePW131030 (-25.21%).
The most active stock warrants by value today were KepCorp MBeCW131203 (+8.82%), OCBC Bk MBeCW140203 (-2.35%) and DBS MB eCW140102 (+4.76%).
Singapore Stock Market
*ST Index 3,179.71 +9.8 3,169.91 +15.07
Volume: 2,951.7M 3,283.4M
Value: $1,045.9M $1,089.6M
Gainers/Losers: 256/197 288/130
Daily Market Commentary (Securities)
11 Oct 2013
The FBM KLCI index gained 9.83 points or 0.55% on Friday. The Finance Index increased 0.61% to 16691.8 points, the Properties Index up 0.51% to 1335.64 points and the Plantation Index rose 0.27% to 8360.49 points. The market traded within a range of 5.46 points between an intra-day high of 1788.99 and a low of 1783.53 during the session.
Actively traded stocks include MAS, HUBLINE, TMS, DBE, CLIQ-WA, TIGER, SONA-WA, FLONIC, YTLPOWR-WB and CLIQ. Trading volume decreased to 1825.49 mil shares worth RM1608.21 mil as compared to Thursday’s 1860.16 mil shares worth RM1566.24 mil.
Leading Movers were BAT (+58 sen to RM63.38), PETGAS (+40 sen to RM22.50), GENTING (+18 sen to RM10.42), KLK (+18 sen to RM22.88) and HLFG (+14 sen to RM15.28). Lagging Movers were MISC (-3 sen to RM5.16), FGV (-2 sen to RM4.25), TM (-1 sen to RM5.16) and AXIATA (-1 sen to RM6.91). Market breadth was positive with 480 gainers as compared to 282 losers.
The KLCI soared and closed at 1785.75 points amid optimism that U.S. lawmakers will resolve the fiscal standoff soon by raising the debt limit and avert a possible debt default. Regional market sentiment was positive too with all of the Asian markets ended higher. Back to local market, Ahmad Zaki Resources Berhad climbed 6.38% after clinched a RM163million construction project to build a terminal for the Royal Malaysian Police Department airborne unit in Shah Alam.
Date As of: 11 October 2013
Description Volume Value Frequency
ETF 59,000 37,799,500 23
Stock 5,459,604,608 6,373,365,044,218 144,447
Right 4,489,000 110,351,500 102
Warrant 57,040,500 3,424,038,500 2,446
Total 5,521,193,108 6,376,937,233,718 147,018
As of 11 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,217.54 5,013.39 -1,795.85
Proprietary 6,588.36 4,701.18 1,887.18
Foreign 9,185.28 7,244.73 1,940.55
Individual 24,209.81 26,241.70 -2,031.89
Total Trading Value 43,200.99 M.Baht
Vietnam's benchmark VN Index closed 0.06 percent down on Friday, erasing earlier gains as investors were concerned over possible hikes of fuel prices, analysts said.
Stocks of PetroVietnam Gas Corp, the country's top listed firm by market capitalisation, dropped 0.76 percent to 65,500 dong ($3.11) each, pulling down the index.
Earlier on Friday the index rose as sentiment became optimistic over the progress in Washington to avert a possible U.S. debt default.
"Rumours surfaced about a possibility of an unexpected sharp increase in input gas price in Cuu Long basin, in which the worst scenario, input gas price could increase by 170 percent," SSI Securities wrote in a note to clients on Friday.
Here is a snapshot of the VN Index
VN Index 494.53
PREV. CLOSE 494.81
% CHANGE -0.06%
Most Southeast Asian stock markets rose to more-than-two-week highs on Friday led by the Philippines as optimism over progress in Washington to avert a possible debt default boosted sentiment across the region.
President Barack Obama and Republican leaders appeared ready to end a political crisis that has shuttered much of the U.S. government and pushed the country dangerously close to a default.
The Philippines main stock index, which gained 1.6 percent for the week, ended up 0.8 percent to a three-week high, while Singapore's Straits Times index finished 0.3 percent firmer at its highest close since Oct. 1.
Singapore shares gained 1.3 percent for the week after falling in the past two weeks.
Thailand's main index closed 0.4 percent up at a three-week high and gained 2.1 percent in the week.
Indonesia's Jakarta Composite Index added 0.7 percent to hit its highest levels in more than two weeks, while Malaysia ended 0.6 percent firmer at a two-week high.
Vietnam, bucking the trend, ended 0.1 percent weaker, erasing earlier gains as investors were concerned over possible fuel price hikes.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 416.16 412.51 +0.99
Singapore 3179.71 3169.91 +0.31
Kuala Lumpur 1785.75 1775.92 +0.55
Bangkok 1457.78 1451.91 +0.40
Jakarta 4519.91 4486.68 +0.74
Manila 6489.80 6435.97 +0.84
Ho Chi Minh 494.53 494.81 -0.06
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