ASEAN KEY DESTINATIONS
1 October 2013
The Straits Times Index (STI) ended 13.63 points higher or +0.43% to 3,181.50, taking the year-to-date performance to +0.46%.
The FTSE ST Mid Cap Index gained +0.78% while the FTSE ST Small Cap Index declined -0.13%. The top active stocks were SingTel (+1.34%), GLP (+2.08%), Keppel Corp (-0.48%), Blumont (-0.41%), and UOB (+0.73%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.83%). The two biggest stocks of the FTSE ST Utilties Index are United Envirotech (+0.57%) and Hyflux (-0.42%). The underperforming sector was the FTSE ST Consumer Services Index, which declined -1.12% with Genting Singapore’s and Jardine Cycle & Carriage’s share prices gaining +0.35% and declining -2.73% respectively. The FTSE ST Consumer Goods Index declined -0.08% while the FTSE ST Technology Index declined -0.74%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+16.93%), iShares MSCI India (-0.74%), and SPDR STI ETF (+1.24%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.44%), CapitaMall Trust (+1.02%), CapitaCommercial Trust (+1.03%).
The most active index warrants by value today were STI 3100BPeCW131030 (-1.47%), STI 3250MBeCW131231 (unchanged) and NKY 15000MBeCW131213 (-1.72%).
The most active stock warrants by value today were OCBC Bk MBeCW140203 (-8.08%), KepCorp MBeCW140204 (-0.77%) and UOB MB eCW131104 (-24.55%).
Singapore Stock Market
*ST Index 3,181.5 +13.63 3,167.87 -42.31
Volume: 3,677.8M 4,630.4M
Value: $1,142.1M $1,800.3M
Gainers/Losers: 242/190 103/401
Daily Market Commentary (Securities)
1 Oct 2013
The FBM KLCI index gained 0.41 points or 0.02% on Tuesday. The Finance Index fell 0.17% to 16399 points, the Properties Index up 0.14% to 1333.88 points and the Plantation Index rose 0.40% to 8315.84 points. The market traded within a range of 10.68 points between an intra-day high of 1770.34 and a low of 1759.66 during the session.
Actively traded stocks include TMS, SONA-WA, MAS, CLIQ-WA, IRCB, IRCB-WA, SERSOL-WA, KBUNAI-OR, TIGER and INSTACO. Trading volume decreased to 1770.85 mil shares worth RM1623.07 mil as compared to Monday’s 1853.17 mil shares worth RM2377.35 mil.
Leading Movers were HLFG (+28 sen to RM14.80), PPB (+18 sen to RM14.40), SKPETRO (+12 sen to RM3.81), GENM (+8 sen to RM4.30) and UEMS (+5 sen to RM2.60). Lagging Movers were PETGAS (-18 sen to RM21.82), UMW (-14 sen to RM11.68), PBBANK (-8 sen to RM17.66), MAYBANK (-4 sen to RM9.80) and HLBANK (-4 sen to RM13.94). Market breadth was positive with 372 gainers as compared to 361 losers.
The KLCI swung between gains and losses and closed marginally higher at 1769.03 points on the first trading day of forth quarter. Local market remained uncertain amid first partial shutdown of U.S. government in 17 years that would drag the economic output in U.S.
Indonesia's finance ministry raised 705 billion rupiah ($60.88 million) of sharia bonds on Tuesday, below the indicative target of 1 trillion rupiah, the ministry's debt office said.
The country sold 400 billion rupiah of six-month sharia T-bills at a yield of 6.21875 percent, down from 6.25887 percent on the previous auction.
It also sold 305 billion rupiah of 30-year project-based sukuk with the yield rising to 9.19020 percent from 9.18435 percent.
There was no winning bid for seven-year project-based sukuk.
Total bids were 4.9 trillion rupiah and the highest bid-to-cover ratio was 11.57 for six-month sharia T-bills.
Date As of: 01 October 2013
Description Volume Value Frequency
ETF 38,000 20,345,500 23
Stock 3,713,075,789 4,161,668,793,809 154,774
Warrant 19,293,140 918,093,620 1,483
Total 3,732,406,929 4,162,607,232,929 156,280
As of 1 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 5,233.23 3,099.53 2,133.70
Proprietary 5,419.72 6,896.68 -1,476.95
Foreign 7,159.92 7,538.96 -379.04
Individual 18,941.16 19,218.87 -277.71
Total Trading Value 36,754.04 M.Baht
Vietnam's benchmark VN Index erased earlier gains on Tuesday to close down 0.08 percent at 492.24 points while volume surged near four-month high as investors took profit following news of the U.S. government shutdown, an analyst said.
Having gained by midday partly on the release of an improved purchasing managers' index for September, the market fell after the U.S. announced its first government shutdown in 17 years, said analyst Nguyen Hoang Phuong at Ho Chi Minh City Securities.
Investors rushed to pull money out of the market and took profits on small-cap stocks, Phuong said.
Volume jumped to 102 million shares, the highest since June 3 and which was far above the five-day average of 69.6 million, according to Reuters data.
Analysts have expected the index to hit 500 points later this week on positive macro news and expectations of solid corporate earnings.
Here is a snapshot of the VN Index
VN Index 492.24
PREV. CLOSE 492.63
% CHANGE -0.08%
Most Southeast Asian stocks gained on Tuesday, with upbeat inflation data helping lift sentiment on Thailand and Indonesia, but trading was subdued across the region with global markets wary of the U.S. government shutdown.
Thai SET index climbed 1.8 percent as a lower-than-expected annual inflation rate of 1.42 percent in September helped ease concerns over inflationary pressure, supportive for the prospect of corporate earnings, brokers said.
A handful of large-cap stocks recently hit by a short-selling activity regained some of their recent lost grounds, with shares in Kasikornbank Pcl and Shin Corp Pcl leading among gainers.
Indonesia's key index ended up 0.7 percent, rising 1.5 percent earlier after Indonesia said consumer prices fell 0.35 percent in September and released an unexpected trade surplus for August, its first since March.
Foreign flows to Southeast Asia were mixed.
Indonesia posted 257 million rupiah ($22,200) of net foreign selling, Thailand recorded 379 million baht ($12.1 million) of net foreign selling, while Malaysia brought in 60 million ringgit ($18.4 million) of net foreign buying, stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 405.60 400.78 +1.20
Singapore 3181.50 3167.87 +0.43
Kuala Lumpur 1769.03 1768.62 +0.02
Bangkok 1408.19 1383.16 +1.81
Jakarta 4345.90 4316.18 +0.69
Manila 6197.84 6191.80 +0.10
Ho Chi Minh 492.24 492.63 -0.08
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