ASEAN KEY DESTINATIONS
31 October 2014
The Straits Times Index (STI) ended +39.94 points higher or +1.23% to 3274.25, taking the year-to-date performance to +3.46%.
The FTSE ST Mid Cap Index gained +0.75% while the FTSE ST Small Cap Index gained +1.12%. The top active stocks were UOB (+2.40%), DBS (+0.82%), SingTel (+1.07%), OCBC Bank (+2.06%) and Global Logistic (+1.85%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+2.95%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+3.18%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Health Care Index, which gained +0.20% with Raffles Medical Group’s share price declining -0.78% and Biosensors International Group’s share price gaining +1.63%. The FTSE ST Consumer Services Index gained +2.28%. The FTSE ST Real Estate Index gained +0.82%. The FTSE ST Utilities Index gained +1.61%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.85%), IS MSCI India (+3.21%), DBXT MSCI Taiwan ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.89%), CapitaMall Trust (+0.77%), CapitaCom Trust (+1.52%).
The most active index warrants by value today were HSI24200MBeCW141127 (+18.97%), HSI23600MBeCW141127 (+17.65%), HSI23400MBePW141127 (-19.05%).
The most active stock warrants by value today were UOB MB eCW150302 (+21.93%), DBS MB eCW150106 (+17.86%), OCBC Bk MBeCW150302 (+15.87%).
Singapore Stock Market
*ST Index 3,274.25 +39.94 3,234.31 +10.28
Volume: 1,732.8M 1,160.7M
Value: $1,489.7M $912.2M
Gainers/Losers: 352/100 179/186
Daily Market Commentary (Securities)
31 Oct 2014
The FBM KLCI index gained 12.37 points or 0.67% on Friday. The Finance Index increased 0.21% to 16826.53 points, the Properties Index up 0.84% to 1461.73 points and the Plantation Index rose 0.46% to 8553.85 points. The market traded within a range of 12.98 points between an intra-day high of 1855.15 and a low of 1842.17 during the session.
Actively traded stocks include CENSOF, DNEX, BJCORP, SUMATEC, PDZ, MUIIND, FLONIC, SANICHI-WC, TMCLIFE-WA and CENSOF-WB. Trading volume increased to 2752.29 mil shares worth RM2401.68 mil as compared to Thursday’s 1876.31 mil shares worth RM2152.27 mil.
Leading Movers were DIGI (+17 sen to RM6.19), GENM (+11 sen to RM4.30), PETGAS (+48 sen to RM22.48), TENAGA (+26 sen to RM13.36) and MISC (+13 sen to RM6.86). Lagging Movers were SKPETRO (-2 sen to RM3.41), AXIATA (-2 sen to RM7.05), FGV (-1 sen to RM3.66), PBBANK (-4 sen to RM18.54) and CIMB (-1 sen to RM6.49). Market breadth was positive with 663 gainers as compared to 248 losers.
The KLCI ended the week on a positive note, closed higher at 1855.15 points amid the overnight gains in US markets. Market sentiment was lifted by the better-than-expected US economic data, the unexpectedly increase of Bank of Japan’s target for monetary stimulus, and the positive news from Germany where the unemployment rate fell the most in six months.
Thai bourse, BMA, 9 banks to hold "Bangkok Savings & Investment Fest 2014"
BANGKOK, October 31, 2014 - The Stock Exchange of Thailand (SET) has joined hands with Bangkok Metropolitan Administration (BMA) and nine Thai commercial banks to organize "Bangkok Savings & Investment Fest 2014" project in November, encouraging Bangkokians to map out financial planning through savings and investment. SET and partners will run this campaign to promote financial literacy and lay solid financial planning ground. It aims to pave the way for an enhanced Thai economy in coping with aging society efficiently in the coming years.
SET President Kesara Manchusree said recent research studies showed that most Thais didn't cultivate savings habit in daily life. It was not their priority.
As a result, they did not save enough to live comfortably in their post-retirement years. As Thailand is currently stepping into the aging society,
It is vital for everyone to come up with financial planning roadmap for a brighter future. To help accelerate savings and investment habits, all parties
under the Banker-to-Broker project, a campaign to invest via banking channel, have placed importance in alerting and boosting savings skills via prudent
investment in proper financial instruments.
"SET and nine leading banks with 192 bank branches, have jointly collaborated in this campaign to provide savings education and investment know-how to residents and working people in downtown Bangkok area covering Pratunam, Rama I, Ratchaprasong, Asoke and Silom. In addition, BMA and its 17 family savings management centers will initiate services and activities involving the savings concept during the whole month of November. This will motivate Bangkokians to hurry up in doing financial planning, building wealth for financial security in a sustainable way," Kesara added.
BMA Governor Sukhumbhand Paribatra said BMA has encouraged Bangkokians to help build Bangkok to become "the city of happiness" by adapting His Majesty King's Bhumibol's Sufficiency Economy philosophy to lead our everyday life, with disciplines in money spending, economizing and knowing channels to increase savings. Along with this simple and smart concept, we should practice self-sufficient living, build financial foundation and security for ourselves, family, society, community and the country's economy as a whole. If we are self-contented, then reach out in sharing and giving to each other, we will be happy and it's the happiness that counts.
The leading nine commercial banks joining "Bangkok Savings & Investment Fest 2014" are Bangkok Bank, Krung Thai Bank, Bank of Ayudhya, Kasikornbank, Kiatnakin Bank, CIMB Thai Bank, Tisco Bank, Siam Commercial Bank, and Thanachart Bank. The banks' teams will give advice, financial planning know-how, and wealth management to customers via varieties of products, inclusive of mutual funds, securities and savings selections throughout November.
As of 31 October 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,285.44 2,184.51 1,100.93
Proprietary 4,604.20 3,094.86 1,509.34
Foreign 9,798.63 9,884.30 -85.66
Individual 29,876.95 32,401.56 -2,524.61
Total Trading Value 47,565.23 M.Baht
Vietnam index up 2 pct; banks lead, Asia lends support
Vietnam's benchmark VN Index jumped 1.99 percent at the close on Friday, in line with the broader Asian markets, as investors boosted buying,
especially in banking shares.
All banks advanced, led by Hanoi-based Vietcombank , the country's largest lender by market value, with a 3.75 percent rise, followed by BIDV that climbed 5.47 percent.
VietinBank jumped 5 percent to close at 14,700 dong ($0.69), near a one-month high, in a strong volume unseen since Sept. 3, Reuters data showed.
"Such rapid rise is not stable for an upward trend in the short term, so the market may dip next week," said deputy manager Nguyen Tuan of An Binh Securities, adding that gains in Asian markets may have buoyed sentiment.
Japanese stocks soared 4.8 percent to their highest close since November 2007 and the yen skidded to near seven-year lows against the dollar on Friday, after the Bank of Japan surprised markets with fresh easing steps.
Here is a snapshot of the VN Index at the close
VN Index 600.84
PREV. CLOSE 584.14
% CHANGE +1.99%
SE Asia Stocks- Gain on Japan's monetary stimulus, inflows
Southeast Asian stock markets rose on Friday as steps towards further monetary easing by the Bank of Japan lifted market sentiment. Bank stocks helped Singapore's benchmark touch a one-month high and late buying into large caps boosted shares of Thai PTT in Bangkok.
Singapore's Straits Times Index was up 1.2 percent at 3,276.74, its highest since Sept. 30. Shares of United Overseas Bank and Oversea-Chinese Banking Corporation led the gainers after favourable earnings numbers.
The Thai SET index ended up 1.2 percent at 1,584.16, a near one-month high. Shares of PTT jumped 3.95 percent, their biggest single-day gain in nearly eight weeks.
Most Southeast Asian stock markets ended little changed on the month after suffering losses earlier in the month due to concerns over the health of the global economy.
Indonesia , Malaysia and the Philippines reported net buying by foreign investors worth 325.7 billion rupiah ($6.96 million), 180 million ringgit ($54.72
million) and 695.7 million peso ($15.49 million), respectively, on Friday, Thomson Reuters and stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3274.25 3234.31 +1.23
Kuala Lumpur 1855.15 1842.78 +0.67
Bangkok 1584.16 1565.35 +1.20
Jakarta 5089.55 5058.85 +0.61
Manila 7215.73 7170.99 +0.62
Ho Chi Minh 600.84 589.14 +1.99