ASEAN KEY DESTINATIONS
7 October 2013
The Straits Times Index (STI) ended 1.49 points lower or -0.05% to 3,136.59, taking the year-to-date performance to -0.96%.
The FTSE ST Mid Cap Index declined -3.26% while the FTSE ST Small Cap Index declined -3.15%. The top active stocks were Asiaphos, GLP (-1.05%), SingTel (-0.80%), Keppel Corp (+0.67%) and DBS (+0.31%). Asiaphos listed on Catalist today, closing at $0.395 following an offer price of $0.25.
The outperforming sectors today were represented by the FTSE Oil & Gas Index (+0.01%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+0.67%) and SembCorp Marine (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -28.97% with LionGold Corp’s share price declining -71.43% and STATS ChipPAC‘s share price remaining unchanged. The FTSE ST Consumer Goods Index declined -1.27%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (-1.58%), Nikko AM STI ETF (-0.31%) and db x-Trackers CSI 300 (-0.92%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT(-0.44%), Suntec REIT (+0.61%) and CapitaMall Trust (+0.51%).
The most active index warrants by value today were HSI23400MBePW131030 (+13.04%), HSI23200MBeCW131128 (-14.73%) and HSI22800MBeCW131030 (-17.59%).
The most active stock warrants by value today were OCBC Bk MBeCW140203 (+1.21%), KepCorp MBeCW140204 (unchanged) and DBS MB eCW140102 (+1.43%).
Singapore Sto ck Market
*ST Index 3,136.59 -1.49 3,138.08 -6.71
Volume: 4,074.9M 4,594.5M
Value: $1,030.6M $1,230.6M
Gainers/Losers: 106/401 91/395
Daily Market Commentary (Securities)
7 Oct 2013
The FBM KLCI index gained 0.26 points or 0.01% on Monday. The Finance Index increased 0.36% to 16574.43 points, the Properties Index dropped 0.27% to 1327.19 points and the Plantation Index rose 0.17% to 8363.97 points. The market traded within a range of 6.71 points between an intra-day high of 1780.27 and a low of 1773.56 during the session.
Actively traded stocks include TMS, GHLSYS, CSL, XOX, SILVER, TALAMT, SERSOL, TIGER, INSBIO and EDEN. Trading volume increased to 1622.16 mil shares worth RM1232.71 mil as compared to Friday’s 1578.10 mil shares worth RM1440.68 mil.
Leading Movers were KLK (+20 sen to RM22.90), HLFG (+16 sen to RM15.20), PETGAS (+14 sen to RM22.34), UMW (+10 sen to RM11.88) and PBBANK (+8 sen to RM17.98). Lagging Movers were BAT (-36 sen to RM63.00), MISC (-8 sen to RM5.10), UEMS (-5 sen to RM2.49), RHBCAP (-4 sen to RM7.70) and PETCHEM (-4 sen to RM6.79). Market breadth was negative with 296 gainers as compared to 428 losers.
The KLCI closed flattish at 1776.82 points as market sentiment was muted on U.S. debt limit impasse and partial government shutdown. Regionally, most of the Asian markets closed lower. Back in local bourse, GHL Systems surged 28.42% amid active trade following the proposed takeover of an Australia listed company and private placement.
Indonesia's foreign exchange reserves were at $95.68 billion at end of September, $2.68 billion higher than one month earlier, supported by a recent global sukuk issuance, the central bank said.
August forex reserves were at $93 billion.
Reserves were $112.8 billion at the end of 2012, and declined this year as Bank Indonesia sought to support the rupiah <IDR=> , which has fallen more than 16 percent against the dollar.
The central bank last week signed a currency swap deal with China, worth the equivalent of $15 billion, that is aimed at bolstering its defence of the rupiah.
As of 7 October 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,502.88 1,804.65 698.23
Proprietary 4,437.33 5,873.68 -1,436.34
Foreign 6,020.27 6,911.57 -891.30
Individual 19,205.78 17,576.37 1,629.41
Total Trading Value 32,166.27 M.Baht
Vietnam's benchmark VN Index rose 0.6 percent to its highest closing level in nearly seven weeks, led by VietinBank and several blue chips, as investors bought on hopes of good third-quarter earnings and a positive macro outlook.
The index closed at 500.47 points, having broken the key 500-point level for the first time since Aug. 21, when it stood at 502.7 points. Volume jumped 21 percent from the previous session to 72.1 million shares, Reuters data show.
Shares of Hanoi-based VietinBank, the country's largest partly private lender in terms of assets, closed up 4.14 percent at 17,600 dong ($0.83), followed by blue chips such as Hoa Phat Group and HAGL Co.
Most markets in the region fell, except the Philippine index, after the World Bank lowered its economic growth forecasts for China and most of developing East Asia.
Vietnam's growth forecast this year was revised up at 5.3 percent, from 5.2 percent previously, the World Bank said.
Here is a snapshot of the VN Index
VN Index 500.47
PREV. CLOSE 497.5
% CHANGE 0.60%
Thailand and Indonesia ended weaker on Monday, while other Southeast Asian markets ended mixed as investors stayed away, preferring a 'wait and see' approach due to the lingering U.S. budget standoff.
Signs of growing intransigence among U.S. lawmakers in crucial budget and debt ceiling talks hit investor sentiment globally.
Thailand's main stock index lost 0.9 percent led by energy shares with PTT Exploration and Production PCL falling 1.8 percent, while Singapore's Straits Times index closed 0.05 percent down at a near four-week low.
Indonesia's Jakarta Composite Index finished 0.3 percent down to a near one-week low, after the World Bank revised down its GDP growth forecast for the largest economy in Southeast Asia.
Analysts said the U.S. budget impasse has hit sentiment and appetite for the region's risky assets.
Bucking the trend, Philippines shares ended 0.8 percent firmer to its highest close since Sept. 24, while Vietnam's benchmark VN Index ended 0.6 percent up to its highest closing level in nearly seven weeks.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 407.24 409.19 -0.48
Singapore 3136.59 3138.08 -0.05
Kuala Lumpur 1776.82 1776.56 +0.01
Bangkok 1414.62 1427.72 -0.92
Jakarta 4374.96 4389.35 -0.33
Manila 6443.21 6390.48 +0.83
Ho Chi Minh 500.47 497.50 +0.60
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