ASEAN KEY DESTINATIONS
18 September 2014
The Straits Times Index (STI) ended +0.81 points higher or +0.02% to 3297.29, taking the year-to-date performance to +4.18%.
The FTSE ST Mid Cap Index declined -0.27% while the FTSE ST Small Cap Index gained +0.21%. The top active stocks were Noble (+4.03%), SingTel (-1.05%), OCBC Bank (+0.72%), DBS (-0.16%) and CapitaCommercial Trust (-3.31%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.40%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (unchanged) and Hyflux (+3.70%). The underperforming sector was the FTSE ST Telecommunications Index, which declined -0.92% with SingTel’s share price declining -1.05% and StarHub’s share price gaining +0.24%. The FTSE ST Consumer Services Index gained +0.24%. The FTSE ST Real Estate Index declined -0.29%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+2.54%), SPDR Gold Shares (-1.00%), SPDR Straits Times Index ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCommercial Trust (-3.31%), Suntec REIT (+0.57%), CapitaMall Trust (-0.51%).
The most active index warrants by value today were HSI24400MBePW141030 (+14.63%), HSI24600MBeCW141030 (-17.76%), HSI24800MBeCW141127 (-13.22%).
The most active stock warrants by value today were UOB MB eCW141201 (-6.14%), DBS MB eCW150106 (-0.76%), OCBC Bk MBeCW150302 (+5.88%).
Singapore Stock Market
*ST Index 3,297.29 +0.81 3,296.48 +23.86
Volume: 1,948.9M 1,355.8M
Value: $959.6M $924.7M
Gainers/Losers: 170/238 274/144
Daily Market Commentary (Securities)
18 Sep 2014
The FBM KLCI index gained 1.54 points or 0.08% on Thursday. The Finance Index increased 0.21% to 17287.99 points, the Properties Index dropped 0.30% to 1485.11 points and the Plantation Index down 0.08% to 8364.29 points. The market traded within a range of 7.97 points between an intra-day high of 1844.87 and a low of 1836.90 during the session.
Actively traded stocks include SUMATEC, IBHD-LR, KNM, GLOTEC, SANICHI, NEXGRAM, MEGB, PASUKGB, NIHSIN and KTB. Trading volume decreased to 1958.20 mil shares worth RM1681.01 mil as compared to Wednesday’s 2233.42 mil shares worth RM2300.57 mil.
Leading Movers were AMMB (+14 sen to RM6.86), YTL (+2 sen to RM1.68), HLFG (+18 sen to RM17.60), IHH (+5 sen to RM5.01) and PPB (+10 sen to RM14.32). Lagging Movers were FGV (-5 sen to RM3.52), RHBCAP (-12 sen to RM8.85), BAT (-90 sen to RM70.30), SIME (-11 sen to RM9.11) and GENM (-4 sen to RM4.20). Market breadth was negative with 288 gainers as compared to 546 losers.
The KLCI ended higher at 1845.32 points on late buying interest amid the positive overnight performance in US markets. Meanwhile, investor sentiment remained cautious, as investors await Bank Negara’s Overnight Policy Rate meeting later this evening.
Date As of: 18 September 2014
Description Volume Value Frequency
Total 6,078,843,306 6,287,776,398,298 188,882
ETF 74,700 64,175,900 13
Stock 6,040,482,406 6,284,383,555,498 187,038
Warrant 38,286,200 3,328,666,900 1,831
As of 18 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,981.84 4,027.93 -46.09
Proprietary 4,432.50 3,415.38 1,017.12
Foreign 10,171.59 10,266.03 -94.43
Individual 30,388.34 31,264.94 -876.60
Total Trading Value 48,974.27 M.Baht
Vietnam index drops 1.58 pct on widespread selling
Vietnam's benchmark VN Index closed down 1.58 percent on Thursday, the largest fall in seven days, driven by strong selling across the board,
especially on stocks that had gains in recent weeks.
The number of shares losing ground was 3.5 times those that gained, and profit taking was strong in the energy and seafood sectors, which outperformed the broader market in the past few weeks.
On Sept. 9 the index lost 2 percent on profit taking.
"The market looks quite bad, and selling could extend in the coming sessions," said analyst Hoang Huy of ACB Securities.
Petrovietnam Drilling & Well Services Corp , a subsidiary of state oil and gas group PetroVietnam, lost 2.8 percent, the second straight fall from its record high touched on Tuesday, Reuters data showed.
Seafood company Hung Vuong Corp tumbled 6.94 percent in high volume. The stock hit its record high on Wednesday, having gained as much as 62 percent since Aug. 26, according to Reuters data.
Brokerage firms also retreated from their strong rallies on Wednesday, with Saigon Securities Incorp and Ho Chi Minh City Securities both falling more than 4 percent after closing at their five-month highs in the previous session.
"But the index is not likely to fall below 600 points," Huy said, adding that bargain hunting around this level is solid.
Here is a snapshot of the VN Index at the close
VN Index 615.8
PREV. CLOSE 625.66
% CHANGE -1.58%
SE Asia Stocks - Most higher; Malaysia keeps rates steady
Most Southeast Asian markets gained on Thursday, with banking shares outperforming in Malaysia before the central bank rate decision, while stocks in
Indonesia and Thailand closed at their highest in more than a week.
Malaysia's central bank kept its key interest rate unchanged at 3.25 percent on Thursday, holding off from a second tightening in less than three months after recent signs of a slowdown in exports and credit growth.
The rate decision came after the market closed.
Kuala Lumpur's composite index ended a tad higher, with shares of Public Bank and Maybank rising in strong volume.
Local institutions and domestic retail investors bought Malaysian stocks worth a net 129.6 million ringgit ($40.12 million) and 11.5 million ringgit, respectively, while foreign investors were net sellers, stock exchange data showed.
Jakarta's composite index edged up 0.4 percent while the Thai index closed up 0.9 percent, both hitting their highest closing levels since Sept. 8.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3297.29 3296.48 +0.02
Kuala Lumpur 1845.32 1843.78 +0.08
Bangkok 1584.23 1570.64 +0.87
Jakarta 5208.14 5188.18 +0.38
Manila 7287.29 7231.84 +0.77
Ho Chi Minh 615.80 625.66 -1.58