ASEAN KEY DESTINATIONS
14 October 2014
The Straits Times Index (STI) ended -7.75 points lower or -0.24% to 3194.4, taking the year-to-date performance to +0.93%.
The FTSE ST Mid Cap Index declined -0.10% while the FTSE ST Small Cap Index declined -0.44%. The top active stocks were DBS (-0.17%), SingTel (unchanged), Keppel Corp (-0.20%), UOB (-0.77%) and OCBC Bank (-0.93%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+0.62%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (unchanged) and Biosensors International Group (+1.46%). The underperforming sector was the FTSE ST Utilities Index, which declined -2.76% with United Envirotech’s share price declining -7.63% and Hyflux’s share price declining -1.00%. The FTSE ST Consumer Services Index declined -0.87%. The FTSE ST Real Estate Index gained +0.26%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (unchanged), ISHARES USD Asia Bond ETF (-1.13%), STI ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaCom Trust (+1.27%), CapitaMall Trust (unchanged).
The most active index warrants by value today were HSI23600MBeCW141127 (-18.56%), HSI22800MBePW141127 (+26.00%), HSI23000MBeCW141127 (-14.10%).
The most active stock warrants by value today were DBS MB eCW150106 (+5.88%), KepCorp MBeCW150303 (+1.28%), OCBC Bk MBeCW150302 (-6.94%).
Singapore Stock Market
*ST Index 3,194.4 -7.75 3,202.15 -21.72
Volume: 1,264.5M 1,275.4M
Value: $949.4M $947.6M
Gainers/Losers: 159/282 84/396
Daily Market Commentary (Securities)
14 Oct 2014
The FBM KLCI index lost 0.82 points or 0.05% on Tuesday. The Finance Index fell 0.48% to 16648.2 points, the Properties Index dropped 0.15% to 1397.02 points and the Plantation Index down 0.37% to 8002.02 points. The market traded within a range of 10.82 points between an intra-day high of 1801.81 and a low of 1790.99 during the session.
Actively traded stocks include SUMATEC, KNM, MUIIND, BJCORP, TAKASO-WB, TAKASO, CENSOF, PDZ, THHEAVY and SKPETRO. Trading volume increased to 2216.19 mil shares worth RM2453.64 mil as compared to Monday’s 1743.54 mil shares worth RM1804.59 mil.
Leading Movers were BAT (+246 sen to RM67.60), MISC (+20 sen to RM6.79), UMW (+18 sen to RM11.64), GENM (+5 sen to RM4.09) and MAYBANK (+5 sen to RM9.68). Lagging Movers were RHBCAP (-18 sen to RM8.73), CIMB (-13 sen to RM6.53), HLFG (-26 sen to RM17.10), GENTING (-7 sen to RM9.13) and PETGAS (-16 sen to RM21.20). Market breadth was negative with 226 gainers as compared to 652 losers.
The FBM KLCI swung between gains and losses before finishing 0.82 points lower at 1796.38 points. Even as China reported better-than-expected economic growth, concern of slowdown in global economy has contributed to offsetting upbeat sentiment of the market.
Date As of: 14 October 2014
Description Volume Value Frequency
ETF 13,700 8,093,800 42
Stock 3,941,839,955 4,231,716,099,701 183,575
Warrant 16,864,300 860,285,700 816
Total 3,958,717,955 4,232,584,479,201 184,433
As of 15 October 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,652.97 2,157.80 1,495.16
Proprietary 3,037.72 4,136.59 -1,098.87
Foreign 8,866.69 8,616.59 250.11
Individual 20,720.67 21,367.06 -646.39
Total Trading Value 36,278.05 M.Baht
Vietnam index ends at 2-wk low on margin selling
Vietnam's benchmark VN Index extended falls to the third session, dropping 1.37 percent to close on Tuesday at 605.79 points, the lowest since Sept. 30, on margin selling.
About 60 percent of shares lost ground, led by PetroVietNam Gas , Vietnam's biggest firm by market capitalisation, with a 1.8 percent decline, followed by dairy product maker Vinamilk that fell 0.92 percent.
"Margin trading is probably too high now," said a trader with Ho Chi Minh City Securities, referring to the funds that investors borrowed from brokerages to buy shares.
The index was almost flat by midday before strong selling emerged, boosting volume to 115.3 million shares by the end of the trading day, still well below the five-day average of 141 million, Reuters data showed.
While the index fall was beyond market expectations, it could be an opportunity for short-term speculative buying, analyst Hoang Huy of ACB Securities said.
"But the market is unlikely to fall below 600 points as many investors have been waiting for bargain hunting around this level," Huy said.
Analysts have expected the real estate and brokerage sectors to lead the increase in the market later this year on expectations of good earnings and speculative purchases.
Here is a snapshot of the VN Index at the close
VN Index 605.79
PREV. CLOSE 614.22
% CHANGE -1.37%
SE Asia Stocks -Most fall; Singapore at over 6-mnth low after Q3 GDP
Singapore's key index hit a more than six-month low on Tuesday after weak economic data, while most other Southeast Asian stock markets ended lower as concerns about the health of the world economy unnerved investors in the region.
The Straits Times Index fell 0.2 percent to 3,194.40, its lowest close since April 7. Shares of large cap companies were among those actively traded, including CapitaLand and United Overseas Bank .
The index erased its earlier gains and extended losses for a third session after data showed Singapore's gross domestic product in the third quarter rose a weaker-than-expected 1.2 percent from the previous quarter.
Stocks in the Philippines and Malaysia fell for a third session, with the Philippine composite index ending at its lowest level since Aug. 8 and the Kuala Lumpur composite index at a more than eight-month closing low.
The Philippines recorded net foreign selling worth 1.15 billion peso ($25.61 million), with Malaysia's net foreign selling at 10.56 million ringgit ($3.23 million) and Indonesia's at 490 billion rupiah ($40.15 million), stock exchange
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3194.40 3202.15 -0.24
Kuala Lumpur 1796.38 1797.20 -0.05
Bangkok 1546.78 1542.35 +0.29
Jakarta 4922.58 4913.05 +0.19
Manila 6946.06 6968.09 -0.32
Ho Chi Minh 605.79 614.22 -1.37