ASEAN KEY DESTINATIONS
19 September 2014
The Straits Times Index (STI) ended +7.76 points higher or +0.24% to 3305.05, taking the year-to-date performance to +4.43%.
The FTSE ST Mid Cap Index gained +0.27% while the FTSE ST Small Cap Index gained +0.13%. The top active stocks were DBS (-0.44%), Keppel Reit (-1.22%), SingTel (+1.06%), OCBC Bank (+0.82%) and CapitaLand (+1.55%).
The outperforming sectors today were represented by the FTSE ST Telecommunications Index (+0.90%). The two biggest stocks of the FTSE ST Telecommunications Index are SingTel (+1.06%) and StarHub (unchanged). The underperforming sector was the FTSE ST Health Care Index, which declined -1.58% with Raffles Medical Group’s share price declining -0.74% and Biosensors International Group’s share price declining -3.50%. The FTSE ST Consumer Services Index gained +0.16%. The FTSE ST Real Estate Index gained +0.19%. The FTSE ST Utilities Index declined -1.07%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-0.13%), SPDR Gold Shares (-0.08%), DBXT MSCI Indonesia ETF (+0.75%).
The three most active Real Estate Investment Trusts (REITs) by value were Keppel REIT (-1.22%), CapitaCommercial Trust (-1.56%), Ascendas REIT (-1.32%).
The most active index warrants by value today were HSI24400MBePW141030 (-10.64%), HSI24600MBeCW141030 (+9.09%), HSI24800MBeCW141127 (+8.57%).
The most active stock warrants by value today were DBS MB eCW150106 (-5.39%), UOB MB eCW141201 (+6.54%), KepCorp MBeCW141201 (-3.18%).
Singapore Stock Market
*ST Index 3,305.05 +7.76 3,297.29 +0.81
Volume: 1,748.7M 1,948.9M
Value: $1,198.9M $959.6M
Gainers/Losers: 266/193 170/238
Daily Market Commentary (Securities)
19 Sep 2014
The FBM KLCI index gained 4.17 points or 0.23% on Friday. The Finance Index increased 0.60% to 17392.41 points, the Properties Index up 0.82% to 1497.34 points and the Plantation Index rose 0.40% to 8397.72 points. The market traded within a range of 10.33 points between an intra-day high of 1853.68 and a low of 1843.35 during the session.
Actively traded stocks include EFFICEN, SANICHI, PDZ, SUMATEC, IBHD-LR, NEXGRAM, IRIS, WINTONI, KNM and TALAMT. Trading volume increased to 2602.24 mil shares worth RM2261.15 mil as compared to Thursday’s 1958.20 mil shares worth RM1681.01 mil.
Leading Movers were RHBCAP (+25 sen to RM9.10), ASTRO (+8 sen to RM3.38), HLFG (+40 sen to RM18.00), IHH (+9 sen to RM5.10) and AMMB (+7 sen to RM6.93). Lagging Movers were MAXIS (-14 sen to RM6.21), GENM (-3 sen to RM4.17), MISC (-4 sen to RM6.85), CIMB (-2 sen to RM7.06) and PETCHEM (-1 sen to RM6.24). Market breadth was positive with 578 gainers as compared to 251 losers.
The KLCI ended the week on a positive note, closed higher at 1849.49 points following the overnight gains in US markets. Meanwhile local trading sentiment improved, after Bank Negara decided to maintain the benchmark Overnight Policy Rate (OPR) at 3.25 percent.
Date As of: 19 September 2014
Description Volume Value Frequency
Total 5,431,736,196 7,248,458,269,198 205,428
ETF 63,300 31,621,000 204
Stock 5,344,199,132 7,244,278,850,848 203,476
Warrant 87,473,764 4,147,797,350 1,748
As of 19 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,860.27 3,414.69 445.59
Proprietary 3,592.05 3,343.60 248.45
Foreign 15,360.89 13,572.16 1,788.74
Individual 30,577.76 33,060.54 -2,482.77
Total Trading Value 53,390.98 M.Baht
Vietnam index ends at 1-month low, volumes jump
Vietnam's benchmark VN Index ended at its lowest close in a month on Friday on heavy volume, extending losses for the fifth straight session as some
exchange-traded funds offloaded stocks during their portfolio review.
The index fell 0.41 percent to close at 613.29, the lowest since Aug. 21. Volumes jumped 22.5 percent from the previous session to 218.23 million shares, well above the five-day average of 171.7 million shares, based on Reuters data.
"After a strong fall last week the index tends to gain, but the trend is still downward and more falls could be ahead," a Hanoi-based private trader dealing at Saigon Securities said.
The index, Southeast Asia's best performer this year, fell as much as 2 percent on Sept. 9 on profit-taking.
The Market Vectors Vietnam and db x-trackers FTSE Vietnam restructured their portfolios this week, a move scheduled to end on Friday.
In a note to clients, BIDV Securities advised investors to start buying late in the session on Friday to benefit from lower prices.
Baoviet Holdings , Vietnam's largest insurer, led the fall with a 6.32 percent drop.
Vietcombank , Sacombank and Military Bank all lost ground, after the central bank said banks' bad debt rose to 4.11 percent of loans in July from the end of last year due to a slow economic recovery and tighter lending standard for small businesses.
Here is a snapshot of the VN Index at the close
VN Index 613.29
PREV. CLOSE 615.8
% CHANGE -0.41%
SE Asia Stocks-Mixed on week, Indonesia leads amid fuel price hike talks
Southeast Asian stock markets ended mostly higher on Friday, with Indonesian key share index rising for a third day to a near two-week closing high amid expectations of a cut in fuel subsidy.
Jakarta's composite index closed up 0.4 percent at 5,227.58, the highest close since Sept. 8, taking its gain on the week to 1.6 percent, the biggest since the week ended Aug. 15.
Shares of telecommunications company Telkom Indonesia rallied 5.6 percent on the week as investors shifted money into defensive sectors amid talks about the government's planned fuel price hike.
The region ended the week mixed. Singapore fell 1.2 percent on the week after five consecutive weeks of gain amid weakness in property shares, Malaysia down 0.3 percent on the week, a second straight week of decline, and Vietnam a 3 percent drop.
Thailand eked out a modest 0.2 percent weekly rise.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3305.05 3297.29 +0.24
Kuala Lumpur 1849.49 1845.32 +0.23
Bangkok 1584.91 1584.23 +0.04
Jakarta 5227.58 5208.14 +0.37
Ho Chi Minh 613.29 615.80 -0.41