ASEAN KEY DESTINATIONS
16 October 2013
The Straits Times Index (STI) ended 8.78 points higher or +0.28% to 3,174.03, taking the year-to-date performance to +0.22%.
The FTSE ST Mid Cap Index gained +0.07% while the FTSE ST Small Cap Index declined -0.28%. The top active stocks were SingTel (-1.08%), DBS (+0.67%), OCBC Bk (+1.07%), UOB (+0.73%) and Keppel Corp (-0.37%).
The outperforming sectors today were represented by the FTSE ST Consumer Services Index (+0.65%). The two biggest stocks of the FTSE ST Consumer Services Index are Genting Singapore (+1.38%) and Jardine Cycle & Carriage (-0.66%). The underperforming sector was the FTSE ST Technology Index, which declined -1.11% with Midas Holdings’ share price remaining unchanged and Geo Energy Resources’ share price gaining +1.47%. The FTSE ST Consumer Goods Index declined -0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.07%), Lyxor ETF Dow Jones IA (-0.58%) and Lyxor ETF NASDAQ (+3.73%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.87%), CapitaMall Trust (-0.51%) and CapitaCommercial Trust (-0.70%).
The most active index warrants by value today were HSI22800MBeCW131030 (-10.09%), HSI23200MBeCW131128 (-4.03%) and HSI21600UBePW131230 (-1.41%).
The most active stock warrants by value today were OCBC Bk MBeCW140203 (+4.71%), KepCorp MBeCW140204 (-2.45%) and DBS MB eCW140102 (+5.37%).
Singapore Stock Market
*ST Index 3,174.03 +8.78 3,165.25 -14.46
Volume: 2,523.2M 1,917.8M
Value: $1,105.8M $557.9M
Gainers/Losers: 203/253 121/305
Daily Market Commentary (Securities)
16 Oct 2013
The FBM KLCI index gained 6.61 points or 0.37% on Wednesday. The Finance Index increased 0.28% to 16731.87 points, the Properties Index up 0.21% to 1335.56 points and the Plantation Index rose 0.70% to 8415.69 points. The market traded within a range of 9.38 points between an intra-day high of 1795.48 and a low of 1786.10 during the session.
Actively traded stocks include MAS, TALAMT, HUBLINE, SONA-WA, MALTON, XDL, SUMATEX-WA, MALTON-WB, CLIQ-WA and FLONIC. Trading volume increased to 1619.86 mil shares worth RM1883.89 mil as compared to Monday’s 1323.54 mil shares worth RM1041.19 mil.
Leading Movers were PETDAG (+44 sen to RM29.64), RHBCAP (+25 sen to RM7.82), PBBANK (+22 sen to RM18.46), PETGAS (+20 sen to RM22.70) and HLFG (+20 sen to RM15.48). Lagging Movers were UMW (-14 sen to RM12.12), MAYBANK (-6 sen to RM9.94), GENM (-4 sen to RM4.26), CIMB (-2 sen to RM7.46) and AMMB (-2 sen to RM7.46). Market breadth was positive with 395 gainers as compared to 374 losers.
The KLCI closed higher at 1791.37 points despite the lingering concern over talks of U.S. lawmakers to raise the debt ceiling and avoid a default ahead of tomorrow’s dateline. Regionally, market sentiment was weak as most of the Asian markets closed lower.
Date As of: 16 October 2013
Description Volume Value Frequency
ETF 9,500 4,456,000 04
Stock 3,263,449,939 4,973,583,442,713 143,834
Right 395,689,247 481,988,545 50
Warrant 35,145,250 2,131,095,000 1,580
Total 3,694,293,936 4,976,200,982,258 145,468
As of 16 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,946.09 3,123.79 822.30
Proprietary 5,166.18 6,073.87 -907.69
Foreign 6,416.54 6,427.83 -11.29
Individual 25,669.30 25,572.63 96.67
Total Trading Value 41,198.12 M.Baht
Vietnam's benchmark VN Index rose 0.65 percent on Wednesday as buying demand lent support, partly due to expectations of good corporate earnings.
Analysts said the bad debt purchase by the central bank-run asset management firm and solid third-quarter earnings of big cap firms expected in coming days have helped reinforce investors' positive sentiment.
Foreigners have been net buyers so far in October, having switched from net sellers between June and September, data from the exchange showed.
The index was briefly lifted beyond 500 points, and volume rose to nearly 70 million shares, compared with a five-day average of 56 million shares.
Most blue chips gained. Real estate firm HAGL Co led the chart with a 3.74-percent rise, followed by Hanoi-based Vietcombank gaining 3.11 percent.
The index could exceed 510 points within the next two weeks, said analyst Nguyen Hoang Phuong at Ho Chi Minh City Securities.
Here is a snapshot of the VN Index
VN Index 498.96
PREV. CLOSE 495.72
% CHANGE 0.65%
Malaysian shares hit a three-week closing high, while most other Southeast Asian stocks eked out small gains on Wednesday in light-to-moderate volume as investors waited for a deal that would end the U.S. budget stalemate.
Trading flagged across regional exchanges, with market players putting money in laggard counters such as Malaysia's RHB Capital, which led the gainers on Kuala Lumpur's composite index.
Local institutions bought shares worth a net 112 million ringgit ($35.21 million), offsetting foreign investors that were net sellers of Malaysian shares for a seventh straight session, the bourse said.
Among the weak spots, Bangkok's SET index and Jakarta's composite index both dropped 0.6 percent as large caps such as Siam Commercial Bank and PT Telekomunikasi Indonesia retreated after their recent rally.
The Indonesian stock exchange saw foreigners selling shares worth a net 300,054 million rupiah ($26.4 million), according to Thomson Reuters data.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 417.28 417.38 -0.02
Singapore 3174.03 3165.25 +0.28
Kuala Lumpur 1791.37 1784.76 +0.37
Bangkok 1464.38 1472.90 -0.58
Jakarta 4492.26 4519.91 -0.61
Manila 6483.57 6442.70 +0.63
Ho Chi Minh 498.96 495.72 +0.65
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