ASEAN KEY DESTINATIONS
17 October 2013
The Straits Times Index (STI) ended 12.59 points higher or +0.40% to 3,186.62, taking the year-to-date performance to +0.62%.
The FTSE ST Mid Cap Index gained +0.43% while the FTSE ST Small Cap Index gained +0.52%. The top active stocks were SingTel (+0.82%), OCBC Bk (+0.77%), DBS (-0.36%), GLP (+2.01%) and Capitaland (+1.56%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+0.94%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (+0.47%) and Capitaland (+1.56%). The underperforming sector was the FTSE ST Health Care Index, which declined -1.11% with Biosensors International’s share price declining -0.53% and Raffles Medical Group’s share price declining -2.28%. The FTSE ST Consumer Goods Index gained +0.24% and the FTSE ST Technology Index declined -0.34%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+2.09%), db x-Trackers CSI 300 (-2.12%) and Lyxor ETF Asia (+2.60%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.43%), CapitaMall Trust (-0.26%) and Suntec REIT (+1.81%).
The most active index warrants by value today were HSI23600MBePW131128 (+14.67%), HSI23200MBeCW131128 (-12.61%) and HSI22800MBeCW131030 (-29.59%).
The most active stock warrants by value today were OCBC Bk MBeCW140203 (+8.99%), DBS MB eCW140102 (-1.91%) and SGX MB eCW140401 (+5.51%).
*Please note the Consumer Goods and Technology sectors will be the focus of SGX My Gateway Educational events in 4Q13.
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 3,186.62 +12.59 3,174.03 +8.78
Volume: 2,479.2M 2,523.2M
Value: $1,023.3M $1,105.8M
Gainers/Losers: 278/168 203/253
Daily Market Commentary (Securities)
17 Oct 2013
The FBM KLCI index gained 6.05 points or 0.34% on Thursday. The Finance Index increased 0.05% to 16740.21 points, the Properties Index up 0.01% to 1335.68 points and the Plantation Index rose 0.40% to 8449.05 points. The market traded within a range of 6.47 points between an intra-day high of 1802.57 and a low of 1796.10 during the session.
Actively traded stocks include TMS, DAYA, MAS, SUMATEC, TALAMT, SUMATEC-WA, XOX, AMEDIA, SOLUTN and DESTINI-WA. Trading volume increased to 1737.19 mil shares worth RM1745.13 mil as compared to Wednesday’s 1619.86 mil shares worth RM1883.89 mil.
Leading Movers were PETGAS (+20 sen to RM22.90), UMW (+18 sen to RM12.30), SKPETRO (+15 sen to RM4.00), PETDAG (+12 sen to RM29.76) and BAT (+10 sen to RM63.00). Lagging Movers were HLFG (-22 sen to RM15.26), MISC (-3 sen to RM5.08), IHH (-2 sen to RM4.19), GENTING (-2 sen to RM10.42) and PETCHEM (-1 sen to RM7.12). Market breadth was positive with 478 gainers as compared to 298 losers.
The local bourse extended yesterday’s rally to close at 1,797.42, added 6.05 points. The cheerful performance was in tandem with its regional peers amid U.S. Congress has reached a pact to end the government shutdown and to raise the debt ceiling. We reckon that investors’ confidence are coming back as the positive news gave them a breath of relief.
As of 17 October 2013
Type Buy Sell Net
Institution 4,573.36 3,835.90 737.46
Proprietary 6,373.17 7,873.95 -1,500.78
Foreign 7,702.79 7,505.82 196.97
Individual 31,945.89 31,379.54 566.36
Total Trading Value 50,595.22 M.Baht
Vietnam's benchmark VN Index closed up 0.13 percent at 499.59 points on Thursday, tracking rises in other regional markets on the U.S. fiscal deal and also on solid earnings by domestic firms, analysts said.
Sentiment improved after legislators produced a last-minute deal to lift the U.S. government's borrowing limit and dodge a potentially catastrophic debt default.
"News from the United States and other supporting news within Vietnam created upbeat responses from investors," said analyst Tran Minh Hoang at Vietcombank Securities.
Military Bank was the top riser among blue chip stocks, with shares gaining 1.55 percent, followed by confectionery firm Kinh Do Corp that climbed 0.99 percent.
Stocks of steel producer Hoa Sen Group rose 0.76 percent. The firm's net profit reached 580 billion dong ($27.5 million) for the fiscal year ended September, beating its own target by 45 percent, it said in a statement on Thursday.
Here is a snapshot of the VN Index
VN Index 499.59
PREV. CLOSE 498.96
% CHANGE 0.13%
Philippine shares closed at their two-month highs on Thursday, buoyed by foreign inflows while most others in Southeast Asia posted modest gains as the initial rally due to the U.S. budget deal appeared to be short-lived.
The dollar and European shares fell as market relief at a last-ditch U.S. budget deal gave way to worries over the economic impact of the 16-day government shutdown and prospects of a re-run early next year.
The Philippine main index climbed 1.2 percent after gaining 0.6 percent on Wednesday. Foreign investors bought shares worth a net 140.4 million peso ($3.25 million), marking a second straight session of buy, stock exchange data showed.
Among outperformers were Robinsons Land Corp and Alliance Global Group, partly helped by the stock market listing plans of their units and affiliates.
Domestic institutions led buyers in Malaysia, sending the benchmark index up 0.3 percent to its highest close in
nearly one month. Indonesia's domestic buyers were active, pushing the index up 0.6 percent after Wednesday's fall.
Foreign investors sold Malaysian shares worth a net 72.3 million ringgit ($22.79 million) and Indonesian shares worth a
net 409,719 million rupiah ($36.05 million), according to Thomson Reuters and stock exchange data.
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 420.77 417.07 +0.89
Singapore 3186.62 3174.03 +0.40
Kuala Lumpur 1797.42 1791.37 +0.34
Bangkok 1469.09 1464.38 +0.32
Jakarta 4518.93 4492.26 +0.59
Manila 6560.88 6483.57 +1.19
Ho Chi Minh 499.59 498.96 +0.13
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