ASEAN KEY DESTINATIONS
22 October 2013
The Straits Times Index (STI) ended 14.45 points higher or +0.45% to 3,210.21, taking the year-to-date performance to +1.36%.
The FTSE ST Mid Cap Index declined -0.13% while the FTSE ST Small Cap Index gained +0.44%. The top active stocks were Kep REIT (-3.25%), SingTel (+2.17%), Noble Grp (+2.43%), Wilmar (+2.99%) and LionGold (+8.48%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.31%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+5.26%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Real Estate Investment Trusts Index, which declined -0.21% with CapitaMall Trust’s share price gaining +1.01% and Ascendas REIT’s share price declining -1.29%. The FTSE ST Consumer Goods Index gained +1.44% and the FTSE ST Technology Index gained +1.74%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (+0.50%), Lyxor Asia 10 (+0.40%) and SPDR Gold Shares (-0.43%).
The three most active Real Estate Investment Trusts (REITs) by value were Keppel REIT (-3.25%), Ascendas REIT (-1.29%) and CapitaMall Trust (+1.01%).
The most active index warrants by value today were HSI23600MBePW131128 (+3.08%), HSI23200MBeCW131128 (-6.35%) and HSI21600UBePW131230 (-14.29%).
The most active stock warrants by value today were Olam MBeCW140401 (+21.31%), NobleGrpMBeCW140401 (+9.21%) and OCBC Bk MBeCW140203 (-4.55%).
*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 3,210.21 +14.45 3,195.76 +2.86
Volume: 3,085.8M 4,338.2M
Value: $1,464.5M $1,311.5M
Gainers/Losers: 273/173 314/126
Daily Market Commentary (Securities)
22 Oct 2013
The FBM KLCI index gained 0.97 points or 0.05% on Tuesday. The Finance Index fell 0.24% to 16835.11 points, the Properties Index up 0.39% to 1352.77 points and the Plantation Index rose 0.19% to 8429.01 points. The market traded within a range of 7.89 points between an intra-day high of 1808.35 and a low of 1800.46 during the session.
Actively traded stocks include HUBLINE, SUMATEC-OR, WINSUN, DAYA, WPRTS, XDL, MAS, HOVID-WB, HOVID and AGLOBAL. Trading volume increased to 1851.70 mil shares worth RM1825.25 mil as compared to Monday’s 1756.61 mil shares worth RM1385.26 mil.
Leading Movers were PETDAG (+30 sen to RM30.30), SIME (+12 sen to RM9.58), MAXIS (+11 sen to RM7.21), PPB (+10 sen to RM14.80) and KLK (+8 sen to RM23.00). Lagging Movers were BAT (-18 sen to RM62.90), GENTING (-18 sen to RM10.18), PETGAS (-14 sen to RM22.86), UMW (-10 sen to RM12.32) and HLFG (-8 sen to RM15.58). Market breadth was positive with 390 gainers as compared to 387 losers.
Our local bourse moved sideways and the benchmark index ended the day at 1803.58 points. The flattish performance of our local market was in line with the subdued overnight performance of the U.S. market. Market sentiment was muted as our local market was waiting for fresh market catalyst ahead of the jobs data of U.S. and the tabulation of Budget 2014.
Indonesia's finance ministry sold 12 trillion rupiah ($1.06 billion) in bonds at an auction on Tuesday, more than an indicative target of 8 trillion rupiah, the ministry's debt office said.
The country sold all offered securities, with most yields down compared with the previous auction on Oct. 8.
The biggest decline was for the 16-year bond whose yield was 7.82447 percent, compared with 8.58130 percent in the previous auction.
There were 33.70 trillion rupiah of incoming bids, with the highest bid-to-cover ratio at 4.91 times for the 16-year bond.
As of Oct. 17, foreign investors held 300.47 trillion rupiah in government bonds. ($1 = 11,335 rupiah)
Date As of: 22 October 2013
Description Volume Value Frequency
ETF 112,500 84,394,000 13
Stock 5,395,010,291 6,352,353,093,070 119,774
Right 426,313 185,475,200 34
Warrant 36,840,000 2,521,470,000 2,398
Total 5,432,389,104 6,355,144,432,270 122,219
As of 22 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,568.95 5,026.00 -1,457.04
Proprietary 4,677.69 4,461.39 216.30
Foreign 8,614.39 9,284.17 -669.78
Individual 18,046.91 16,136.39 1,910.52
Total Trading Value 34,907.94 M.Baht
Vietnam's benchmark VN Index ended down 0.2 percent on Tuesday, snapping a five-day gain, as investors sold stocks to restructure portfolio, analysts said.
Stocks ended mixed as investors shifted funds from small- and mid-cap stocks to some blue chips that could potentially gain in near terms, particularly shares in the real estate, steel, infrastructure and textile sectors, analysts said.
"There is a slight indication of profit taking on some stocks, but the index only lost slightly, showing that money is still within the market and just moving around among stocks,"said analyst Doan Thi Anh Nguyet at Saigon-Hanoi Securities.
Shares of DHG Pharmaceutical Co lost the most, dropping 2.59 percent, followed by VietinBank, the country's largest partly private bank in terms of assets, with a 1.69-percent fall.
Here is a snapshot of the VN Index
VN Index 500.57
PREV. CLOSE 501.57
% CHANGE -0.20%
Indonesian shares retreated on Tuesday after three sessions of gains as foreign investors continued selling, while most other stock markets in Southeast Asia posted modest gains ahead of U.S. jobs data.
Jakarta's Composite Index fell 1.4 percent to 4,512.74, slightly off its intra-day low, led down by a 3.2 percent slide in state-controlled telecom firm PT Telekomunikasi Indonesia, the second-biggest firm by market value.
Foreign investors offloaded Indonesian shares worth a net $98 million on the day, after withdrawing $74 million over past four sessions, Thomson Reuters data showed.
In Bangkok, market players bought shares in late trading hours, sending the key SET index 0.6 percent higher.
Among actively traded, shares in Siam Commercial Bank climbed almost 1 percent after Monday's 3.4 percent loss.
Thai bourse said foreign investors were net sellers of $21.55 million on the day after their net purchase of $73 million in the past three straight sessions.
Trading volume on Thai stock market was relatively light ahead of a public holiday on Wednesday. The market will resume trading on Thursday.
Local brokers said domestic political issues would be a drag on the market in the near term amid concerns that the government's amnesty bill that aimed to annul legal cases involving the coup in 2006 would lead to street protests.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 420.39 420.71 -0.08
Singapore 3210.21 3195.76 +0.45
Kuala Lumpur 1803.58 1802.61 +0.05
Bangkok 1457.36 1448.54 +0.61
Jakarta 4512.74 4578.18 -1.43
Manila 6603.60 6597.56 +0.09
Ho Chi Minh 500.57 501.57 -0.20
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