ASEAN KEY DESTINATIONS
15 September 2014
The Straits Times Index (STI) ended -33.08 points lower or -0.99% to 3312.47, taking the year-to-date performance to +4.66%.
The FTSE ST Mid Cap Index declined -0.85% while the FTSE ST Small Cap Index declined -1.14%. The top active stocks were Genting Sing (-3.42%), DBS (-1.30%), Keppel Corp (-0.94%), OCBC Bank (-1.02%) and Ascendas REIT (-2.54%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (-0.01%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+0.25%) and Biosensors International Group (unchanged). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.74% with Midas Holdings’ share price declining -3.90% and Geo Energy Resources’ share price unchanged. The FTSE ST Consumer Services Index declined -1.28%. The FTSE ST Real Estate Index declined -1.15%. The FTSE ST Utilities Index declined -1.14%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-1.57%), SPDR Gold Shares (-0.08%), LYXOR ETF Asia Ex (-1.95%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-2.54%), Suntec REIT (-0.28%), CapitaMall Trust (-1.25%).
The most active index warrants by value today were HSI24800VTePW141030 (+10.87%), HSI24400MBePW141030 (+8.62%), HSI24500VTePW141127 (+8.28%).
The most active stock warrants by value today were DBS MB eCW150106 (-8.86%), KepCorp MBeCW141201 (-18.07%), UOB MB eCW141201 (-2.70%).
Singapore Stock Market
*ST Index 3,286.11 -26.36 3,312.47 -33.08
Volume: 768.7M 1,348.1M
Value: $615.2M $909.2M
Gainers/Losers: 94/288 96/356
Daily Market Commentary (Securities)
15 Sep 2014
The FBM KLCI index lost 8.34 points or 0.45% on Monday. The Finance Index fell 0.58% to 17289.04 points, the Properties Index dropped 0.88% to 1494.29 points and the Plantation Index down 0.45% to 8452.8 points. The market traded within a range of 19.66 points between an intra-day high of 1856.16 and a low of 1836.50 during the session.
Actively traded stocks include GLOTEC, IBHD-LR, DGB, PASUKGB, PDZ, LUSTER, SUMATEC, CENSOF, FOCUS and KNM. Trading volume decreased to 1937.22 mil shares worth RM1753.88 mil as compared to Friday’s 2489.00 mil shares worth RM2234.79 mil.
Leading Movers were SIME (+12 sen to RM9.15), and UMW (+4 sen to RM12.34). Lagging Movers were BAT (-256 sen to RM70.80), HLFG (-34 sen to RM17.72), KLK (-40 sen to RM21.52), ASTRO (-6 sen to RM3.25) and KLCC (-11 sen to RM6.50). Market breadth was negative with 214 gainers as compared to 636 losers.
The KLCI started the week with a negative note, closing at 8.34 points lower at 1847.3, tracking the losses in Wall Street last Friday. Investor sentiment was cautious amid the decline in China economic data while investors await the US Federal Reserve’s announcement this week for clues of market direction.
Date As of: Monday, September 15, 2014
Description Volume Value Frequency
ETF 8,400 6,255,500 73
Stock 6,115,407,320 4,709,090,905,215 179,769
Warrant 130,170,300 2,999,611,500 2,070
Total 6,245,586,020 4,712,096,772,215 181,912
As of 15 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,285.59 2,624.89 -339.30
Proprietary 2,810.07 3,154.78 -344.71
Foreign 7,689.59 7,047.46 642.13
Individual 24,564.93 24,523.05 41.88
Total Trading Value 37,350.18 M.Baht
Vietnam index closes down 0.3 pct, eye funds' review
Vietnam's benchmark VN Index <.VNI> ended down 0.34 percent on Monday as selling increased near the session's end while investors looked at the portfolio restructuring of two exchange-traded funds'.
Hanoi-based lender Vietcombank led the losses with a 2.46 percent fall, followed by property firm Vingroup that declined 1.8 percent.
"The index is likely to fluctuate largely in high volume this week when two ETFs review their portfolios," said analyst Nguyen Hoang Phuong of Ho Chi Minh City Securities.
The Market Vectors Vietnam and db x-trackers FTSE Vietnam , two major foreign ETFs that trade in Vietnamese equities, are scheduled to end their quarterly portfolio restructurings by Friday.
"Many investors are waiting for the ETFs to finish their review before making any further investment," Phuong said.
He recommended buying when the index corrects, similar to the Monday session, given the positive long-term outlook for the market.
Here is a snapshot of the VN Index at the close
VN Index 630.34
PREV. CLOSE 632.5
% CHANGE -0.34%
SE Asia Stocks -Singapore at 1-month low as property shares fall
Southeast Asian stock markets were flat to weaker on Monday as investors weighed in the risks of weak China's factory output data in August and the direction of U.S. monetary policy from the Federal Reserve meeting on Wednesday.
Singapore was an underperformer, with the Straits Times Index sliding 1 percent to 3,312.47, the lowest close since Aug. 14.
Property shares fell, led down by CapitaLand , after data showed sales of private homes by developers in Singapore in August slumped 43 percent from a year earlier.
China's factory output grew at the weakest pace in nearly six years in August while growth in other key sectors also cooled, raising fears the world's second-largest economy may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures.
The Philippines witnessed a net foreign selling worth of 805 million peso ($18.18 million), Indonesia saw 578 billion rupiah ($48.47 million) foreign selling and Malaysia's net foreign selling hit 225 million ringgit ($69.77 million).
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3312.47 3345.55 -0.99
Kuala Lumpur 1847.30 1855.64 -0.45
Bangkok 1579.12 1581.36 -0.14
Jakarta 5144.89 5143.71 +0.02
Manila 7161.27 7201.88 -0.56
Ho Chi Minh 630.34 632.50 -0.34