ASEAN KEY DESTINATIONS
11 September 2013
The Straits Times Index (STI) ended 15.70 points lower or -0.50% to 3,108.19, taking the year-to-date performance to -1.86%.
The FTSE ST Mid Cap Index gained +0.70% while the FTSE ST Small Cap Index gained +0.48%. The top active stocks were DBS (-1.15%), Genting Singapore (+3.58%), SingTel (+0.84%), Yangzijiang (+6.12%) and Ezra (+23.03%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.29%). The two biggest stocks of the FTSE ST Health Care Index are Biosensors International Group (+2.17%) and Raffles Medical Group (+0.99%). The underperforming sector was the FTSE Industrials Index, which declined -1.71% with Jardine Matheson Holdings‘ and Jardine Strategic Holdings‘ share prices declining -4.46% and -4.79% respectively.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.49%), United SSE 50 China ETF(+1.78%) and iS MSCI India 100 (+2.77%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-0.32%), Ascendas REIT (-0.45%) and CapitaMall (-0.54%).
The most active index warrants by value today were HSI22800MBeCW131030 (+0.74%), HSI22600MBePW131030 (+0.95%) and HSI22200MBeCW130927 (unchanged).
The most active stock warrants by value today were DBS MB eCW131105 (-13.04%), Ezra MBeCW140401 (unchanged), and DBS MB eCW131203 (-15.00%).
Singapore Stock Market
*ST Index 3,108.19 -15.7 3,123.89 +35.69
Volume: 3,506.4M 5,059.1M
Value: $1,308.1M $1,463.2M
Gainers/Losers: 314/188 331/155
Daily Market Commentary (Securities)
11 Sep 2013
The FBM KLCI index gained 3.53 points or 0.20% on Wednesday. The Finance Index increased 0.01% to 16550.38 points, the Properties Index dropped 0.24% to 1288.45 points and the Plantation Index rose 0.05% to 8280.93 points.
The market traded within a range of 13.06 points between an intra-day high of 1776.11 and a low of 1763.05 during the session. Actively traded stocks include GPACKET-WA, IRCB-WA, IRCB, GPACKET, ASUPREM, AMEDIA, MAS, SONA-WA, TGOFFS-WB and CSL. Trading volume increased to 1989.85 mil shares worth RM2227.17 mil as compared to Tuesday’s 1810.87 mil shares worth RM2401.72 mil.
Leading Movers were BAT (+42 sen to RM63.42), PPB (+30 sen to RM14.38), PETDAG (+18 sen to RM28.28), HLFG (+12 sen to RM14.92) and MISC (+11 sen to RM5.15). Lagging Movers were UMW (-50 sen to RM12.34), KLK (-30 sen to RM22.00), UEMS (-5 sen to RM2.47), CIMB (-3 sen to RM7.50) and PBBANK (-2 sen to RM17.74). Market breadth was positive with 403 gainers as compared to 384 losers.
The KLCI swung between gain and loss in the day before closing at 1768.5 points, advancing for a third straight days. The hot streak was in line with the higher closing in the US market, as investors’ worries over the military action against Syrian receded while a set of encouraging economy data released by China further suggesting economy recover is in place. Back in Malaysia, the investors probably took a cue from the higher-than-expected industrial production index, which rose 7.6% yoy, underpinned by strong manufacturing growth.
Date As of: 11 September 2013
Description Volume Value Frequency
ETF 73,500 35,250,500 31
Stock 6,299,636,354 6,882,972,657,830 222,907
Warrant 52,434,500 1,889,374,000 969
Total 6,352,144,354 6,884,897,282,330 223,907
As of 11 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,453.05 6,149.70 -2,696.65
Proprietary 7,765.43 6,699.85 1,065.59
Foreign 12,309.04 8,970.02 3,339.02
Individual 20,655.10 22,363.06 -1,707.96
Total Trading Value 44,182.62 M.Baht
Vietnam's benchmark VN index closed 0.39 percent higher on Wednesday at 476.40 points with liquidity low and little appetite to stimulate buying, traders said.
Energy, real estate and food sectors led, with Vingroup and PetroVietNam Gas both rising 0.8 percent.
Liquidity was low at 33.5 million shares traded compared to the five-day average of 42.3 million.
The index would likely fall next week, providing an opportunity for some bottom fishing, said Nguyen Hoang Long of State Capital Investment.
Petrovietnam Finance, has merged with Western Bank to form a new lender, lost 6.78 percent. Petrovietnam Finance would delist soon, according to local newspapers.
Vinacafe Bien Hoa shares slide 6.55 percent after the company's deputy chief executive officer sold 107,500 shares, or 57 percent of his shares in the firm, according to an announcement to the exchange.
Dairy maker Vinamilk shares were flat at 138,000 dong ($6.54), despite the launch of a $115 million liquid milk plant with a capacity equal to that of its nine existing facilities.
Here is a snapshot of the VN Index
VN Index 476.4
PREV. CLOSE 474.53
% CHANGE 0.39%
Most Southeast Asian stocks made modest gains on Wednesday led by the Philippines on continued optimism over an improving global economy, but Indonesia and Singapore retreated after strong gains in the previous three sessions.
The region's markets have mostly gained this week on improving global economic outlook due to China's stronger-than-expected industrial output data following upbeat exports numbers, and receding fears of a U.S. military strike on Syria.
Hopes that the U.S. central bank would delay, or be less aggressive in, tapering its monthly bond purchases after disappointing U.S. job data also helped boost sentiment.
Manila's main stock index, which had gained in the previous three straight sessions, jumped 2.1 percent to hit a near four-week high, while Thailand's stock index rose for a fifth straight session, adding 1.3 percent, to hit a near four-week high.
Jakarta's Composite Index, which jumped 7.6 percent in the previous three sessions, eased 0.2 percent from its previous session's three-week high and analysts attributed the fall to corporate earnings downgrade, foreign outflows exerting pressure on the currency and interest rates.
Singapore's Straits Times index also lost 0.5 percent from its near three-week high, weighed by a more than 4 percent decline in both Jardine Matheson Holdings Ltd and Jardine Strategic Holdings Ltd.
Malaysia, which attracted $62.07 million of foreign inflows into stocks on Wednesday, gained 0.2 percent, while Vietnam's main stock index added 0.4 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 398.97 396.27 +0.68
Singapore 3108.19 3123.89 -0.50
Kuala Lumpur 1768.48 1764.95 +0.20
Bangkok 1411.18 1393.17 +1.29
Jakarta 4349.42 4358.14 -0.20
Manila 6214.90 6089.72 +2.06
Ho Chi Minh 476.40 474.53 +0.39
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