ASEAN KEY DESTINATIONS
12 September 2013
The Straits Times Index (STI) ended 12.89 points higher or +0.41% to 3,121.08, taking the year-to-date performance to -1.45%.
The FTSE ST Mid Cap Index gained +0.67% while the FTSE ST Small Cap Index gained +0.56%. The top active stocks were Albedo (-4.55%), Yangzijiang (+5.29%), Noble Group (+11.05%), Genting Singapore (+1.38%) and Wilmar (+2.54%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.64%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+0.56%) and Hyflux (+1.69%). The underperforming sector was the FTSE Telecommumications Index, which declined -0.49% with SingTel‘s and Starhub‘s share prices declining -0.55% and -0.24% respectively. The FTSE ST Industrials Index gained +0.49% and the FTSE ST Health Care Index gained +1.50%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-2.16%), STI ETF (+0.64%) and db x-Trackers CSI300 ETF 10 (+0.52%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+0.46%), Suntec REIT (+0.65%) and CapitaMall (+0.54%).
The most active index warrants by value today were HSI22800MBeCW131030 (-0.73%), HSI22600MBePW131030 (-4.72%) and HSI23200UBeCW131030 (-1.08%).
The most active stock warrants by value today were DBS MB eCW131105 (unchanged), UOB MB eCW140103 (+14.62%), and OCBC Bank MBeCW140203 (+11.84%).
Daily Market Commentary (Securities)
12 Sep 2013
The FBM KLCI index gained 3.92 points or 0.2% on Wednesday. The Finance Index increased 0.2% to 16587.42 points, the Properties Index dropped 0.1% to 1289.45 points and the Plantation Index rose 0.4% to 8310.39 points.
The market traded within a range of 9.65 points between an intra-day high of 1779.40 and a low of 1769.75 during the session. Actively traded stocks include SOLID, PESONA, SUPERMX-CM, IRCB-WA, INSTACO-WB, GPACKET-WA, PATIMAS, JAKS, LFECORP, and SILVER. Trading volume decreased to 1457.82 mil shares worth RM1751.68 mil as compared to Wednesday’s 1989.85 mil shares worth RM2227.17 mil.
Leading Movers were UMW (+12 sen to RM12.46), DIGI (+10 sen to RM4.80), KLK (+10 sen to RM22.10), BAT (+8 sen to RM63.5) and CIMB (+8 sen to RM7.58). Lagging Movers were PETGAS (-6 sen to RM21.24), HLBANK (-6 sen to RM14.08), RHBCAP (-5 sen to RM7.58), GENTING (-5 sen to RM9.95) and SKPETRO (-4 sen to RM3.67). Market breadth was positive with 417 gainers as compared to 292 losers.
The KLCI advanced for the fourth consecutive days to end at 1772.4 points. The trading sentiments were buoyed by the upbeat overnight performance in the US market while investors also reacted positively to the higher-than-estimated industrial production index yesterday. Meanwhile, Solid Automotive, the new member of Bursa gained 14.3% to close at RM0.64 on its debut while also being the most actively traded stock today.
Date As of: 12 September 2013
Description Volume Value Frequency
ETF 6,500 3,921,500 09
Stock 5,265,814,666 6,035,421,202,761 200,523
Warrant 100,241,000 5,786,088,000 1,793
Total 5,366,062,166 6,041,211,212,261 202,325
As of 12 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,439.01 3,916.43 -477.42
Proprietary 6,610.63 6,980.66 -370.03
Foreign 10,780.34 10,706.34 74.00
Individual 22,044.60 21,271.15 773.45
Total Trading Value 42,874.58 M.Baht
Vietnam's VN Index closed down 0.17 percent on Thursday with investors in cautious mood or awaiting portfolio restructuring by exchange-traded funds (ETFs) next week, analysts said.
Confectionery firm Kinh Do shares fell by 1.64 percent and real estate company Vingroup was down 0.79 percent. Dairy firm Vinamilk lost 0.72 percent and top insurer Baoviet 0.55 percent.
Steelmaker Hoa Phat was among the few blue-chip gainers, up 1.46 percent to 33,100 dong ($1.6), its highest closing price since May 14, 2010.
The index would fall or stay flat next week because of low liquidity and expectation ETFs would continue a selling trend, said an analyst at Ho Chi Minh Securities, predicting the index would linger between 460 to 480 points until late October.
Here is a snapshot of the VN Index
VN Index 475.59
PREV. CLOSE 476.4
% CHANGE -0.17%
Stock markets in Thailand and the Philippines retreated from their near four-week highs on Thursday after early gains while others mostly moved in sideways as investors awaited cues from a U.S. Fed meeting next week on the future of its stimulus programme.
Thailand's stock index lost 0.9 percent after trading firmer in the early trade, snapping a five straight session gaining streak, from its near four week high.
Manila's main stock index, which had gained 4.3 percent in the previous four sessions, edged down 0.3 percent from a near four-week low. After the market closed, the Philippine central bank held its benchmark rate and the rate on its special deposit account (SDA) facility steady.
Analysts said markets have been waiting for cues for the Federal Open Market Committee meeting next week with hopes of the United States may begin scaling back its monthly asset-buying programme, but less aggressively than it was originally planned after Friday's disappointing jobs data.
Jakarta's Composite Index edged up 0.17 percent before Bank Indonesia hiked interest rates in a surprise move, signalling growing alarm over rupiah, which hit a 4-1/2-year low on Thursday before recovering.
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.
Singapore's Straits Times index edged up 0.4 to its near three-week high, Malaysia ended 0.2 percent firmer at more than three-week high.
Vietnam's main stock index ended 0.2 percent weaker with investors in cautious mood or awaiting portfolio restructuring by exchange-traded funds (ETFs) next week, analysts said.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 399.40 396.27 +0.42
Singapore 3121.08 3108.19 +0.41
Kuala Lumpur 1772.40 1768.48 +0.22
Bangkok 1397.90 1411.18 -0.94
Jakarta 4356.60 4349.42 +0.17
Manila 6195.61 6214.90 -0.31
Ho Chi Minh 475.59 476.40 -0.17
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