ASEAN KEY DESTINATIONS
20 October 2014
The Straits Times Index (STI) ended +13.32 points higher or +0.42% to 3181.05, taking the year-to-date performance to +0.51%.
The FTSE ST Mid Cap Index gained +0.61% while the FTSE ST Small Cap Index gained +0.51%. The top active stocks were SingTel (+0.82%), Keppel Corp (+1.59%), DBS (+0.56%), CapitaLand (-0.68%) and Ezion (+1.02%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+1.31%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.59%) and Sembcorp Industries (+0.42%). The underperforming sector was the FTSE ST Technology Index, which declined -0.36% with Silverlake Axis' share price declining -0.39% and STATS ChipPAC’s share price declining -2.78%. The FTSE ST Consumer Services Index declined -0.27%. The FTSE ST Real Estate Index gained +0.48%. The FTSE ST Utilities Index declined -0.11%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBXT MSCI Indonesia ETF (+0.84%), DBXT FTSE Vietnam ETF (+1.18%), STI ETF (+0.62%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (+1.57%), Ascendas REIT (unchanged), CapitaCom Trust (+1.58%).
The most active index warrants by value today were HSI23600MBeCW141127 (-14.46%), HSI23000MBeCW141127 (-6.62%), HSI22800MBePW141127 (-3.60%).
The most active stock warrants by value today were DBS MB eCW150106 (+10.67%), KepCorp VTePW150202 (-12.17%), DBS MB eCW141201 (+11.03%).
Singapore Stock Market
*ST Index 3,181.05 +13.32 3,167.73 +13.52
Volume: 1,074.3M 1,198.1M
Value: $1,038M $1,130.4M
Gainers/Losers: 243/173 289/161
Daily Market Commentary (Securities)
20 Oct 2014
The FBM KLCI index gained 14.83 points or 0.83% on Monday. The Finance Index increased 0.77% to 16669.48 points, the Properties Index up 1.36% to 1393.97 points and the Plantation Index rose 0.71% to 7988.97 points. The market traded within a range of 13.97 points between an intra-day high of 1804.04 and a low of 1790.07 during the session.
Actively traded stocks include SUMATEC, MAS, PDZ, TMCLIFE-WA, THHEAVY, CENSOF, ASIABIO, SUMATEC-WB, SKPETRO and EFFICEN. Trading volume decreased to 2049.77 mil shares worth RM2211.52 mil as compared to Friday’s 2296.33 mil shares worth RM2481.65 mil.
Leading Movers were SKPETRO (+13 sen to RM3.60), UMW (+28 sen to RM11.74), CIMB (+14 sen to RM6.54), AMMB (+13 sen to RM6.76) and IHH (+9 sen to RM4.88). Lagging Movers were HLFG (-52 sen to RM17.20), FGV (-5 sen to RM3.02), BAT (-32 sen to RM66.80), PETCHEM (-2 sen to RM6.06) and PETGAS (-6 sen to RM21.50). Market breadth was positive with 569 gainers as compared to 305 losers.
The KLCI closed higher at 1803.14 points, on technical corrections, lead by U.S. equity gains on Friday. Investor’s nerves were calmed, as better than expected corporate data/earnings, consumer sentiment at a 7-year high, and demand for new housing beating expectations paved the way. Regionally, Asian markets also fared well on the back of the U.S. equity rebound. Investors, now set their sights on upcoming economic data from China due later this week, to get a further glimpse of the health of the global economy.
Thai bourse announces 75 firms, 6 CEOs nominated for SET Awards 2014
BANGKOK, October 20, 2014 - The Stock Exchange of Thailand (SET), jointly with Money & Banking magazine, announces that 75 companies and six CEOs have been nominated for SET Awards 2014, under the concept "A Move towards Sustainable Growth," this year, to be held on November 27 in Bangkok.
SET President Kesara Manchusree said this year's concept gave an importance of continuously developing quality of organizations in the capital market by motivating and honoring outstanding listed companies, brokers, asset management firms and top executives in the industry.
"The SET Awards aims to upgrade standard and boost the companies' potential, ensuring that they operate their business with quality. Thus, companies,
brokers, and fund firms have valued the awards by joining in and expecting to be selected for the distinguished awards. This year, 75 companies and six CEOs chosen in the final round are remarkable in various aspects and recognized as good companies with best practices, taking into consideration the whole society, leading them towards sustainable growth." Kesara said.
Santi Viriyarungsarit, Editor-in-Chief of Money & Banking magazine, the SET Awards co-host, said, "Throughout the past 11 years, the award winners,
including listed companies, brokers, asset management firms and top executives, have demonstrated their excellence in enhancing various aspects in quality and standard continuously. This reflects the overall capital market competitiveness, inspirational as role models for other companies to develop themselves efficiently and prominently with competitive edge among other leading companies.
Looking at Thailand's changes this year, the country needs synergy from all sectors to drive the economic growth. With vision and commitment of top
executives and cooperation from staff, all Thai business sectors will be able to enhance competitiveness and adaptation towards long-term sustainable growth."
The distinguished judges for the SET Awards 2014 are Panas Simasathien, Maruey Phadoongsidhi, Seri Chintanaseri, Santi Viriyarungsarit, Yuth Vorachattarn, Patareeya Benjapolchai, Kesara Manchusree and Chanitr Charnchainarong. The awards consists of seven categories namely Best Asset Management Company, Best Securities Company, Best CEO, Best Company Performance, Top Corporate Governance Report, Best Corporate Social Responsibility, and Best Investor Relations. In addition, SET Awards of Honor will be awarded to companies or persons maintaining their remarkable works for three consecutive years.
This year's event will be held on November 27, at SET building, Bangkok. For more information, please visit www.set.or.th/setawards
As of 20 October 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,041.76 2,131.07 -89.31
Proprietary 3,632.08 3,747.78 -115.70
Foreign 8,939.46 8,458.17 481.29
Individual 21,773.56 22,049.83 -276.28
Total Trading Value 36,386.86 M.Baht
Vietnam index rebounds 0.7 pct but caution lingers
Vietnam's benchmark VN Index closed up 0.68 percent on Monday in low volume, having reversed from the lowest in more than three months, lifted by gains in some big-caps and in line with a global rally.
The index rose to the session's high of 593.2 points in early trade before closing at 589.24 points, while volume dropped to 42 million shares, the lowest since Aug. 4.
"Investors sold as the market rallied because sentiment became less positive," said analyst Vu Duy Khanh of Navibank Securities.
PetroVietNam Gas, Vietnam's biggest firm by market value, snapped a streak of six falls, ticking up 2 percent from a closing low of more than four months in the previous session, while property firm Vingroup advanced 1.51 percent.
Japanese stocks led a rally in Asia on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy.
Vietnam expects economic momentum to pick up next year but inefficiency, bad debt and weak domestic sentiment will keep a lid on growth, the country's prime minister said on Monday.
Here is a snapshot of the VN Index at the close
VN Index 589.24
PREV. CLOSE 585.28
% CHANGE +0.68%
SE Asia Stocks-Indonesia near 3-week high; Widodo sworn in as new president
Indonesian share index hit a near three-week closing high on Monday amid inflows and a rise in the rupiah on expectations of economic reforms by the new president, while most other markets in Southeast Asia gained along with strength in global stocks.
Jakarta's composite index added 0.23 percent after climbing 1.6 percent on Friday. The index finished at 5,040.53, the highest closing level since Oct.
The rupiah rose to its strongest in more than three weeks while foreign inflows lifted shares of Telkom Indonesia and Astra International .
The market posted a net foreign inflow worth 761 billion rupiah ($63.3 million), the first in nine trading days
Indonesia's Joko Widodo took over as president of the world's third-largest democracy on Monday with supporters' hopes high but pressing economic problems and sceptical rivals set to test the former furniture businessman.
Stocks in Singapore and Malaysia extended their gains for a second consecutive session, while the Philippines <.PSI> and Vietnam <.VNI> rebounded after ending down on Friday.
Global stocks climbed on Monday, with strong U.S. data and encouraging third-quarter earnings easing concerns about the pace of global economic recovery and raising appetite for riskier assets.
Bucking the trend, Thai SET index edged slightly lower, erasing early gain. Late selling hit shares in large caps such as PTT and Siam Cement.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3181.05 3167.73 +0.42
Kuala Lumpur 1803.14 1788.31 +0.83
Bangkok 1526.67 1528.71 -0.13
Jakarta 5040.53 5028.95 +0.23
Manila 7057.53 7003.22 +0.78
Ho Chi Minh 589.24 585.28 +0.68