ASEAN KEY DESTINATIONS
11 September 2014
The Straits Times Index (STI) ended +8.65 points higher or +0.26% to 3347.28, taking the year-to-date performance to +5.76%.
The FTSE ST Mid Cap Index declined -0.05% while the FTSE ST Small Cap Index declined -0.05%. The top active stocks were DBS (+0.71%), Jardine C&C (+0.16%), Genting Sing (-0.83%), ThaiBev (+3.40%) and UOB (+0.57%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+1.04%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+1.26%) and Thai Beverage (+3.40%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -0.28% with Midas Holdings’ share price unchanged and Geo Energy Resources’ share price unchanged. The FTSE ST Consumer Services Index declined -0.23%. The FTSE ST Real Estate Index gained +0.23%. The FTSE ST Utilities Index declined -0.07%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBXT FT China 25 ETF (unchanged), DBXT MSCI Asia Ex Japan ETF (-0.37%), IS MSCI India (-0.39%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.25%), CapitaCommercial Trust (+0.30%), Ascendas REIT (unchanged)
The most active index warrants by value today were HSI24800MBeCW141127 (-1.99%), HSI25200MBeCW141030 (+1.09%), HSI24600MBePW140929 (+50.00%).
The most active stock warrants by value today were DBS MB eCW150106 (-5.44%), UOB MB eCW141201 (-6.04%), KepCorp MBeCW141201 (unchanged).
Singapore Stock Market
*ST Index 3,347.28 +8.65 3,338.63 -4.33
Volume: 1,194.1M 1,102.8M
Value: $855.5M $878.4M
Gainers/Losers: 181/219 156/275
Daily Market Commentary (Securities)
11 Sep 2014
The FBM KLCI index lost 4.74 points or 0.25% on Thursday. The Finance Index fell 0.26% to 17475.09 points, the Properties Index dropped 0.13% to 1503.2 points and the Plantation Index down 0.51% to 8518.06 points. The market traded within a range of 8.56 points between an intra-day high of 1874.67 and a low of 1866.11 during the session.
Actively traded stocks include KTB, SUMATEC, CME, EFFICEN, DGB, REACH-WA, TIGER, IRIS, PDZ and MARCO. Trading volume decreased to 2042.14 mil shares worth RM1918.08 mil as compared to Wednesday’s 2180.93 mil shares worth RM2015.36 mil.
Leading Movers were BAT (+96 sen to RM72.50), ASTRO (+4 sen to RM3.34), MISC (+6 sen to RM6.90), PPB (+10 sen to RM14.76) and YTL (+1 sen to RM1.65). Lagging Movers were FGV (-8 sen to RM3.70), HLFG (-30 sen to RM17.90), MAXIS (-10 sen to RM6.39), SIME (-13 sen to RM9.25) and SKPETRO (-5 sen to RM4.23). Market breadth was negative with 412 gainers as compared to 430 losers.
The KCLI extended yesterday’s losses by finishing 4.47 points lower at 1866.11, weighed by selling in selected heavyweight counters. The performance of our benchmark index was in line with most of regional peers, amid concern over the geopolitical implications of Obama's vow to combat Islamic State Militants.
Date As of: 11 September 2014
Description Volume Value Frequency
ETF 12,600 8,996,800 123
Stock 6,825,367,100 5,722,280,610,855 226,542
Warrant 88,361,200 4,709,669,900 1,723
Total 6,913,740,900 5,726,999,277,555 228,388
As of 11 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 6,116.86 5,673.69 443.17
Proprietary 5,728.05 5,936.16 -208.12
Foreign 12,015.83 12,190.80 -174.96
Individual 42,715.38 42,775.47 -60.09
Total Trading Value 66,576.12 M.Baht
Vietnam index closes nearly flat in lower volume Vietnam's benchmark VN Index closed nearly flat on Thursday in lower volume as many cautious investors stood on the sidelines after a sharp fall earlier this week.
A total of 129.41 million shares changed hands, down 8.6 percent from Wednesday. The index lost 2 percent on Tuesday due to profit taking, with volume hitting a record high of 280 million shares.
"We do not recommend buying at the present time, investors should continue monitoring the market for the next few sessions before making a concrete investment step," MB Securities said in a note to clients.
Shares of PetroVietNam Gas , the country's largest listed firm, ended flat at 121,000 dong ($5.7).
Here is a snapshot of the VN Index at the close
VN Index 628.99
PREV. CLOSE 628.8
% CHANGE 0.03%
SE Asia Stocks-Indonesia, Philippines indexes end down after expected rate decisions
Most Southeast Asian stock markets ended flat to weaker on Thursday after a bout of late selling, with Indonesian shares erasing early gains after the
central bank maintained key interest rates. Philippine stocks closed 0.2 percent lower after expected rate hikes.
Jakarta's composite index closed down 0.2 percent, with interest rate sensitive stocks such as Bank Rakyat Indonesia down 0.2 percent after a 1.2 percent rise in early trade.
Indonesia's central bank held its key interest rate steady on Thursday, as expected, but questions loom about how much the now-contained inflation rate might increase if the new president raises fuel prices to cut costly subsidies.
The Philippine main index eased 0.2 percent, weighed down by a 1.2 percent drop in shares of Philippine Long Distance Telephone , the country's biggest firm by market value.
The Philippine central bank raised both its policy rate and the rate on its special deposit accounts by 25 basis points on Thursday, its most aggressive move against persistent inflation amid buoyant economic growth.
Nine of 11 economists polled by Reuters had expected the central bank to tighten monetary conditions on Thursday.
Brokers in Bangkok said investors awaited U.S. data, including the U.S. Federal Reserve's statement middle of next week, to guage the direction of foreign fund flows.
Indonesia, the Philippines and Thailand posted net foreign outflows worth 599.8 billion rupiah ($50.74 million), 296 million peso ($6.74 million) and 175 million baht ($5.44 million), respectively, Thomson Reuters and stock exchange data showed.
Among bright spots, shares of True Corporation Pcl , 18-percent owned by China Mobile Ltd <0941.HK> , finished up 4.2 percent, after the telecoms operator said it expected to make a net profit in the fourth quarter of this year after years of losses.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3347.28 3338.63 +0.26
Kuala Lumpur 1866.11 1870.85 -0.25
Bangkok 1580.87 1582.13 -0.08
Jakarta 5133.03 5142.99 -0.19
Manila 7202.06 7212.78 -0.15
Ho Chi Minh 628.99 628.80 +0.03