ASEAN KEY DESTINATIONS
18 September 2013
The Straits Times Index (STI) ended 12.93 points higher or +0.41% to 3,193.85, taking the year-to-date performance to +0.85%.
The FTSE ST Mid Cap Index gained +0.85% while the FTSE ST Small Cap Index gained +1.73%. The top active stocks were SingTel (-0.27%), HanKore (+7.58%), DBS (+0.55%), Asiasons (+31.71%) and Thai Beverage (+3.64%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.89%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+1.73%) and Hyflux (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -1.29% with Liongold Corp’s and STATS ChipPAC‘s share prices declining -2.13% and remaining unchanged respectively. The FTSE ST Industrials Index gained +1.22% while the FTSE ST Health Care Index gained +0.80%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.20%), SPDR Straits Times Index ETF (+0.92%) and db x-Trackers CSI300 ETF 10 (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (+1.87%), Keppel REIT (-0.42%) and CapitaMall Trust (+1.04%).
The most active index warrants by value today were HSI22800MBeCW131030 (-2.69%), HSI22600MBePW131030 (-1.22%) and HSI23400MBePW131030 (+1.43%).
The most active stock warrants by value today were DBS MB eCW131105 (+5.39%), DBS MB eCW131203 (+6.94%), and OCBC Bank MBeCW140203 (+11.24%).
*Please note the Health Care and Industrial sectors will be the focus of SGX My Gateway Educational events in 3Q13.
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 3,193.85 +12.93 3,180.92 +1.44
Volume: 5,435.3M 3,526.4M
Value: $1,409.4M $1,295.4M
Gainers/Losers: 282/178 175/282
Daily Market Commentary (Securities)
18 Sep 2013
The FBM KLCI index lost 3.54 points or 0.20% on Wednesday. The Finance Index increased 0.34% to 16664.3 points, the Properties Index up 0.17% to 1308.08 points and the Plantation Index down 0.14% to 8330.86 points. The market traded within a range of 5.09 points between an intra-day high of 1774.78 and a low of 1769.69 during the session.
Actively traded stocks include AMEDIA-WA, CSL, IRCB-WA, IRCB, AMEDIA, MAXWELL, GPACKET-WA, SALCON-WA, FCW-WA and INSTACO-WB. Trading volume decreased to 1435.91 mil shares worth RM1481.95 mil as compared to Tuesday’s 1504.61 mil shares worth RM1746.18 mil.
Leading Movers were BAT (+32 sen to RM63.38), HLBANK (+16 sen to RM14.20), PETGAS (+16 sen to RM21.34), PBBANK (+6 sen to RM17.76) and RHBCAP (+4 sen to RM7.54). Lagging Movers were GENTING (-37 sen to RM9.77), GENM (-20 sen to RM4.16), KLK (-18 sen to RM22.20), MISC (-12 sen to RM5.03) and PETDAG (-12 sen to RM28.02). Market breadth was positive with 405 gainers as compared to 312 losers.
The FBMKLCI underwent a mild easing to close at 1,771.40, down by 3.54 points. The local bourse was firmly bolstered by the Finance sub-sector which inched up 56.57 points despite other sectors ended in red. The performance was in line with the most regional peers with most markets closed with mix results. We opine that any sort of announcement regarding the Federal Reserve stimulus tapering will inevitably have an effect on the market.
Date As of: Tuesday, September 17, 2013
Description Volume Value Frequency
ETF 258,500 112,807,000 133
Stock 5,807,112,912 6,330,294,638,060 172,807
Warrant 120,289,166 8,308,788,900 1,945
Total 5,927,660,578 6,338,716,233,960 174,885
As of 18 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,608.44 4,244.91 -636.47
Proprietary 5,996.54 5,710.46 286.09
Foreign 7,467.11 8,501.98 -1,034.87
Individual 23,718.44 22,333.18 1,385.25
Total Trading Value 40,790.53 M.Baht
Vietnam's benchmark VN Index dropped 0.73 percent to close at 474.26 points on Wednesday, with shares including blue chips being beaten by margin trading.
Shares of Petrovietnam Finance shed 6.98 percent, extending a week-long fall after it announced a merger with a domestic bank.
It has been difficult to sell PVF stocks since, so investors sold other shares in their portfolio to qualify for the margin ratio, analyst Nguyen The Minh at Viet Capital Securities said.
Other banks also lost ground, with Hanoi-based lender Vietcombank sliding 2.33 percent, VietinBank, the country's largest partly private bank in terms of assets, losing 1.88 percent and Sacombank easing 1.69 percent.
Analysts said the index was not expected to pass the 480-485 point range by the end of the week.
Here is a snapshot of the VN Index
VN Index 474.26
PREV. CLOSE 477.73
% CHANGE -0.73%
Southeast Asian stocks mostly fell on Wednesday, taking leads from markets across the globe ahead of the U.S. Federal Reserve decision on scaling back of monetary stimulus.
Jakarta's Composite Index was the weakest performer, sliding 1.2 percent to 4,463.25 at close, near its day's low.
The exchange saw relatively moderate trading as selling hit banking shares due to concerns about a new mortgage regulation that could hurt loan growth.
Other regional indexes ended modestly lower in thin activity, including Thailand, Malaysia and the Philippines.
The Malaysian bourse said foreign investors were net sellers worth 73 million ringgit ($22.46 million) on the day while domestic institutions bought shares for nearly 99 million ringgit ($30.46 million).
Singapore eked out a small gain, helped by selective buying in large caps, with banking shares such as Oversea-Chinese Banking Corporation Ltd among the outperformers.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 408.69 408.56 +0.03
Singapore 3193.85 3180.92 +0.41
Kuala Lumpur 1771.40 1774.94 -0.20
Bangkok 1439.13 1443.78 -0.32
Jakarta 4463.25 4517.62 -1.20
Manila 6333.96 6344.14 -0.16
Ho Chi Minh 474.26 477.73 -0.73
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