ASEAN KEY DESTINATIONS
12 September 2014
The Straits Times Index (STI) ended -1.73 points lower or -0.05% to 3345.55, taking the year-to-date performance to +5.71%.
The FTSE ST Mid Cap Index declined -0.16% while the FTSE ST Small Cap Index declined -0.18%. The top active stocks were DBS (+0.76%), Genting Sing (-1.68%), UOB (+0.17%), SingTel (unchanged) and Keppel Corp (-0.74%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+0.43%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Consumer Goods Index, which declined -1.08% with Wilmar International’s share price declining -0.62% and Thai Beverage’s share price declining -2.63%. The FTSE ST Consumer Services Index declined -0.48%. The FTSE ST Real Estate Index gained +0.07%. The FTSE ST Utilities Index declined -0.75%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+0.39%), SPDR Gold Shares (-1.00%), DBXT EONIA TR ETF USD (+1.68%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REITs (-1.10%), CapitaMall Trust (+0.25%), Ascendas REITs (unchanged).
The most active index warrants by value today were HSI24400MBePW141030 (+1.75%), HSI24600MBePW140929 (+5.48%), HSI25200MBeCW141030 (-8.60%).
The most active stock warrants by value today were DBS MB eCW150106 (+7.48%), UOB MB eCW141201 (+0.68%), KepCorp MBeCW141201 (+1.22%).
Singapore Stock Market
*ST Index 3,345.55 -1.73 3,347.28 +8.65
Volume: 1,102.5M 1,194.1M
Value: $788.4M $855.5M
Gainers/Losers: 196/233 181/219
Daily Market Commentary (Securities)
12 Sep 2014
The FBM KLCI index lost 10.47 points or 0.56% on Friday. The Finance Index fell 0.49% to 17390.33 points, the Properties Index up 0.29% to 1507.63 points and the Plantation Index down 0.32% to 8490.78 points. The market traded within a range of 12.41 points between an intra-day high of 1868.05 and a low of 1855.64 during the session.
Actively traded stocks include NEXGRAM, TALAMT, PDZ, SUMATEC, NIHSIN, KTB, KBES, AAX, TEKSENG and PASUKGB. Trading volume increased to 2489.00 mil shares worth RM2234.79 mil as compared to Thursday’s 2042.14 mil shares worth RM1918.08 mil.
Leading Movers were BAT (+86 sen to RM73.36), HLFG (+16 sen to RM18.06), YTL (+1 sen to RM1.66), AXIATA (+4 sen to RM6.99) and RHBCAP (+5 sen to RM9.21). Lagging Movers were AMMB (-24 sen to RM6.76), PPB (-44 sen to RM14.32), SIME (-22 sen to RM9.03), PETDAG (-34 sen to RM20.22) and KLK (-36 sen to RM21.92). Market breadth was negative with 389 gainers as compared to 435 losers.
The KLCI ended 10.47 points lower at 1855.64 after a lasts minute plunge. Investor sentiment was dented by rising of geopolitical tension in Ukraine and Middle East.
Date As of: 12 September 2014
Description Volume Value Frequency
ETF 26,000 21,633,100 241
Stock 4,329,664,774 5,183,477,352,759 198,736
Warrant 261,789,200 3,079,026,700 1,885
Total 4,591,479,974 5,186,578,012,559 200,862
As of 12 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,147.92 4,450.07 -1,302.15
Proprietary 4,717.06 4,338.90 378.16
Foreign 10,064.62 9,327.24 737.38
Individual 33,639.35 33,452.74 186.61
Total Trading Value 51,568.95 M.Baht
Vietnam index ends 0.6 pct higher, buying supports
Vietnam's benchmark VN Index closed 0.56 percent higher on Friday, supported by light buying in selected stocks, while analysts expect the market to
gain later this year.
More than 144 million shares changed hands on Friday, up 11.3 percent from Thursday.
"Prices of a relatively high number of good stocks have dropped to an attractive level," BIDV Securities said in a note to clients, advising investors to buy shares now.
The VN Index has lost nearly 2 percent since Sept. 3 when it hit an intraday high of 644.56, the highest in more than six-and-a-half years.
Confectionary maker Kinh Do Corp rose 5.83 percent on Friday, followed by property firm Vingroup with a 1.83 percent gain. Baoviet Holdings, the country's largest insurer, gained 0.87 percent.
The market's outlook is good in the medium- and long term,
FPT Securities and BIDV Securities said in their daily reports.
Here is a snapshot of the VN Index at the close
VN Index 632.5
PREV. CLOSE 628.99
% CHANGE 0.56%
SE Asia Stocks -Indonesia underperforms on week
Indonesian shares eked out small gains on Friday, posting their worst weekly loss in almost three months amid concerns about a likely end to fuel subsidies, while Thai stocks trod water amid selling in recent gainers including construction-related firms.
Indonesia's key index ended up 0.2 percent, led by cement shares such as Indocement and Semen Indonesia .
Banks were among losers, with foreign selling sending Bankyat Indonesia to a two-month closing low.
The benchmark stock index was down 1.4 percent on the week, the biggest fall since the week ended June 20, amid uncertainty about the direction of fuel prices.
A senior Bank Indonesia official said the country needs to raise fuel prices before March and preferably by the end of 2014 to ease pressure on the current account and let the central bank focus its attention on the weakening economy.
Foreign investors were net sellers of Indonesian shares worth 776 billion rupiah ($65.66 million), marking a fourth straight session of offloading, Thomson Reuters data showed.
The Thai SET index closed a tad higher on the day and was down 0.2 percent on the week, its first weekly loss in six.
Siam Commercial Bank was among gainers, while cement firm Siam Cement and builders including Italian Thai Development and Ch Karnchang fell amid profit taking, brokers said.
Fund flows were mixed across exchanges, with the Thai stock market reporting a net foreign buying of 737 million baht ($22.90 million), Malaysia posting a net foreign selling of 173 million ringgit ($54.13 million) and the Philippines recording net outflows worth 265 million pesos ($6.03 million),
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3345.55 3347.28 -0.05
Kuala Lumpur 1855.64 1866.11 -0.56
Bangkok 1581.36 1580.87 +0.03
Jakarta 5143.71 5133.03 +0.21
Manila 7201.88 7202.06 0.00
Ho Chi Minh 632.50 628.99 +0.56