ASEAN KEY DESTINATIONS
3 October 2013
The Straits Times Index (STI) ended 7.79 points lower or -0.25% to 3,144.79, taking the year-to-date performance to -0.70%.
The FTSE ST Mid Cap Index declined -1.21% while the FTSE ST Small Cap Index declined -0.13%. The top active stocks were PLife REIT (-0.42%), Blumont (-15.48%), UOB (-0.88%), DBS (+0.56%) and Keppel Corp (+0.58%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+0.31%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+0.58%) and SembCorp Marine (-0.44%). The underperforming sector was the FTSE ST Technology Index, which declined -1.40% with LionGold Corp’s share price declining -2.58% and STATS ChipPAC‘s share price remaining unchanged. The FTSE ST Consumer Goods Index declined -0.34%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.14%), SPDR STI ETF (-0.62%) and db x-Trackers FTSE Vietnam (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Parkway Life REIT (-0.42%), CapitaMall Trust (-1.01%) and Ascendas REIT (unchanged).
The most active index warrants by value today were HSI23400MBePW131030 (-16.54%), HSI23200MBeCW131128 (+13.33%) and HSI24000MBeCW131128 (+3.95%).
The most active stock warrants by value today were DBS BP eCW140103 (+7.76%), KepCorp MBeCW140204 (+2.24%) and OCBC Bk MBeCW140203 (-2.30%).
Singapore Stock Market
*ST Index 3,144.79 -7.79 3,152.58 -28.92
Volume: 3,188M 3,406M
Value: $1,300.2M $1,435M
Gainers/Losers: 173/239 171/260
Daily Market Commentary (Securities)
3 Oct 2013
The FBM KLCI index gained 1.02 points or 0.06% on Thursday. The Finance Index increased 0.24% to 16469.45 points, the Properties Index dropped 0.46% to 1330.48 points and the Plantation Index down 0.65% to 8300.12 points. The market traded within a range of 5.14 points between an intra-day high of 1773.29 and a low of 1768.15 during the session.
Actively traded stocks include TMS, KBUNAI-OR, SUMATEC-WA, SILVER, SONA-WA, SERSOL, ASIABIO, PELIKAN, AT and IRCB-WA. Trading volume decreased to 1842.93 mil shares worth RM1296.80 mil as compared to Wednesday’s 1899.31 mil shares worth RM1587.28 mil.
Leading Movers were BAT (+84 sen to RM63.34), HLFG (+16 sen to RM14.94), UMW (+12 sen to RM11.62), PETDAG (+10 sen to RM29.10) and MISC (+8 sen to RM5.18). Lagging Movers were KLK (-20 sen to RM22.70), FGV (-8 sen to RM4.11), SKPETRO (-4 sen to RM3.81), ASTRO (-3 sen to RM2.92) and GENTING (-2 sen to RM10.40). Market breadth was negative with 351 gainers as compared to 402 losers.
The KLCI closed marginally higher at 1771.37 points, as investors’ worries on the US government shutdown were probably offset by the encouraging services-industry index in China, which climbed to a 6-month high.
Date As of: 03 October 2013
Description Volume Value Frequency
ETF 27,500 16,193,500 12
Stock 4,626,478,731 3,769,949,031,504 97,961
Warrant 52,720,666 3,058,032,210 1,460
Total 4,679,226,897 3,773,023,257,214 99,433
As of 3 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,913.84 4,004.23 -90.39
Proprietary 8,309.97 4,755.30 3,554.67
Foreign 7,688.82 7,809.10 -120.28
Individual 20,059.57 23,403.57 -3,344.00
Total Trading Value 39,972.20 M.Baht
Vietnam's benchmark VN Index eased 0.08 percent by midday on Thursday as investors took profit following gains of most blue chips in the previous session.
Banks lost ground, with shares of Vietnam Export Import Bank dropping 1.42 percent, and Hanoi-based lender Vietcombank dipping 1.08 percent.
Investors selling was behind the drop on Thursday but if the index reversed its course to rise later in the day, it could extend the uptrend in the next few sessions, analyst Le Dac An at Tan Viet Securities said.
Here is a snapshot of the VN Index at midday
VN Index 493.99
PREV. CLOSE 494.39
% CHANGE -0.08%
The Philippine index hit a one-week closing high on Thursday as Moody's sovereign rating upgrade lifted appetite for the emerging market, while stocks in Thailand and Indonesia marked their third day of gains as large caps further recouped losses.
The Philippines earned its third investment-grade upgrade in about five months after Moody's raised the country's sovereign debt rating by a notch to Baa3, a widely expected move that will further boost the country's allure among foreign investors.
The Philippine main index <.PSI> finished up 0.4 percent at 6,387.65. Metropolitan Bank & Trust shares rose 0.7 percent, after Moody's upgraded it along with three other Philippine banks.
The benchmark climbed almost 1 percent but dropped on profit-taking. Analysts said the upgrade was largely in line with expectations.
"The upgrade was signalled earlier ... so the muted reaction. I think strong corporate performance will be sustained given the high-growth trajectory cited by Moody's," said Luz Lorenzo, head of research at Maybank ATR Kim Eng Securities.
The Thai SET index and Indonesia's key index hovered around one-week closing highs as shares in Siam Commercial Bank rose on short-covering, while PT Telekomunikasi Indonesia gained for a third day.
Traders said the rise in Indonesia's index was in part due to optimism about foreign reserves data expected to be released on Friday.
"Jakarta's Composite Index extended gains today in anticipation of stable or higher foreign reserves announcement expected tomorrow," said John Teja, director of Ciptadana Securities.
Several markets saw foreign outflows amid concerns about the U.S. government shutdown. The Philippines saw net foreign selling of $1.20 million, Malaysia's was $20.14 million, while for Indonesia, the number was $846,500, according to Thomson
Reuters and stock exchange data.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 409.77 406.07 +0.91
Singapore 3144.79 3152.58 -0.25
Kuala Lumpur 1771.37 1770.35 +0.06
Bangkok 1429.18 1408.99 +1.43
Jakarta 4418.64 4387.60 +0.71
Manila 6387.65 6362.26 +0.40
Ho Chi Minh 492.30 494.39 -0.42
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