ASEAN KEY DESTINATIONS
20 September 2013
The Straits Times Index (STI) ended 14.25 points lower or -0.44% to 3,237.53, taking the year-to-date performance to +2.22%.
The FTSE ST Mid Cap Index declined -0.54% while the FTSE ST Small Cap Index declined -0.27%. The top active stocks were Rowsley (+0.78%), Albedo (-11.84%), Capitaland (-2.47%), SingTel (-0.78%), and UOB (+1.51%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+0.15%). The two biggest stocks of the FTSE ST Health Care Index are Biosensors International (-1.07%) and Raffles Medical Group (-0.31%). The underperforming sector was the FTSE ST Technology Index, which declined -2.38% with Liongold Corp’s and STATS ChipPAC‘s share prices declining -3.55% and remaining unchanged respectively. The FTSE ST Industrials Index declined -1.39%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.68%), iShares MSCI India (-0.35%), and db x-Trackers MSCI Asia ex Japan (+4.41%).
The three most active Real Estate Investment Trusts (REITs) by value were Keppel REIT (-0.40%), Ascendas REIT (-0.84%), and Suntec REIT (-0.88%).
The most active index warrants by value today were STI 3100BPeCW131030 (-3.88%), HSI22800MBeCW131030 (-3.33%) and NKY 14000MBePW131213 (+2.83%).
The most active stock warrants by value today were DBS MB eCW131105 (-1.31%), UOB MB ePW131204 (-8.51%) and UOB MB eCW140103 (-5.85%).
*ST Index 3,237.53-14.25 3,251.78+57.93
Volume: 5,326.7M 5,547.4M
Value: $1,511.6M $2,136.1M
Gainers/Losers: 176/307 377/144
Daily Market Commentary (Securities)
20 Sep 2013
The FBM KLCI index gained 8.92 points or 0.50% on Friday. The Finance Index increased 1.06% to 17030.27 points, the Properties Index up 0.13% to 1341.67 points and the Plantation Index down 0.71% to 8333.9 points. The market traded within a range of 10.26 points between an intra-day high of 1805.15 and a low of 1794.89 during the session.
Actively traded stocks include SONA-WA, TMS-WA, TMS, FCW-WA, CLIQ-WA, SONA, LUSTER, DAYA, MAS and CSL. Trading volume increased to 2398.71 mil shares worth RM2448.12 mil as compared to Thursday’s 1945.72 mil shares worth RM2736.19 mil.
Leading Movers were CIMB (+26 sen to RM8.08), PETDAG (+20 sen to RM28.70), RHBCAP (+20 sen to RM7.80), GENTING (+16 sen to RM10.26) and UMW (+12 sen to RM12.90). Lagging Movers were PEP (-50 sen to RM14.08), KLK (-20 sen to RM22.32), FGV (-7 sen to RM4.28), TENAGA (-6 sen to RM9.04) and MAXIS (-2 sen to RM7.01). Market breadth was positive with 445 gainers as compared to 349 losers.
The FBM KLCI continued yesterday’s rallied to close at 1,801.83. This impressive upswing was right after the Federal Reserve’s decision to continue its stimulus plan. Total volume edged higher by 23% vis-à-vis yesterday’s trade. Meanwhile, the Finance Index was a major gainer among other sectors, chopping up 178.19 points attributed to gains in CIMB, RHB Capital and Public Bank. Across the region, the peers ended in mix tone as most of the markets were closed for holidays.
Date As of: Thursday, September 19, 2013
Description Volume Value Frequency
ETF 387,000 163,026,500 155
Stock 9,907,398,643 12,286,012,926,662 287,053
Warrant 142,556,500 10,374,412,500 2,963
Total 10,050,342,143 12,296,550,365,662 290,171
As of 20 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 2,696.91 6,760.85 -4,063.94
Proprietary 5,816.86 5,273.45 543.41
Foreign 12,627.68 10,606.94 2,020.75
Individual 23,321.30 21,821.51 1,499.79
Total Trading Value 44,462.75 M.Baht
Vietnam's benchmark VN Index edged up 0.23 percent to close at 477.19 points on Friday, with volume hitting a 12-week high as two
exchange-traded funds finalised their portfolio restructuring.
Volume rose to 84.26 million shares, the highest since June 26. Two funds, the Market Vectors Vietnam and the FTSE, were the most active on Friday, their last trading day in the third quarter portfolio review, said Doan Minh Quan at ACB Securities.
The index had a small gain because the two funds sold and bought different shares during the session, Quan added. Next week trading would slow as investors await further news, he said.
Shares in Ho Chi Minh City-based lender Sacombank gained the most, at 6.47 percent, followed by a rise of 5.26 percent by Petrovietnam Finance Corp, which will be delisted on Sept. 24 as part of a merger process.
PVF shares have lost 40 percent, hitting the record-low of 3,800 dong ($0.18) each on Thursday, after the firm announced a merger with a domestic bank on Sept. 8.
The gradual fall has prompted investors to seek to buy the cheap stock, and PVF volume hit 24 million shares on Friday, the highest since the share debut in early November 2008, Reuters data show.
Here is a snapshot of the VN Index
VN Index 477.19
PREV. CLOSE 476.09
% CHANGE 0.23%
Most Southeast Asian stocks fell on Friday amid strong technical-led selling and caution over the U.S. Federal Reserve's policy outlook, but Malaysia rose for a second session on gains in banking stocks and foreign inflows.
Malaysia's index ended up 0.5 percent at 1,801.83, its highest close in about two months. The index gained nearly 1.8 percent on the week. Buying was most active in shares in CIMB Group Holdings, which rose 3.3 percent to five-week highs.
Foreign investors bought shares worth a net 230.76 million ringgit ($73.3 million) on Friday. They bought a net of 293.66 million ringgit of shares in the previous session, the Malaysian bourse said.
Stocks in Indonesia and the Philippines underperformed in the region, with Jakarta's Composite Index slipping 1.9 percent and the Philippine main index sliding 1.3 percent, both racking up gains of 4.7 percent on the week.
Jakarta and Manila led the region in a rally on Thursday amid strong short-covering in recently battered markets after the Fed surprised by not tapering its monetary stimulus for now.
The Thai SET index finished down 0.15 percent on the day and a 6.1 percent rise for the week, its best since September 2011. The bourse said foreign investors were net buyers of 2 billion baht ($64.58 million) on Friday.
Singapore was down 0.4 percent on Friday, but posted a weekly gain of 3.8 percent, its biggest since September 2011.
Vietnam closed up 0.2 percent after a late rebound.
It gained 0.2 percent on the week after losing 0.8 percent a week earlier.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 423.28 426.91 -0.85
Singapore 3237.53 3251.78 -0.44
Kuala Lumpur 1801.83 1792.91 +0.50
Bangkok 1486.76 1489.06 -0.15
Jakarta 4583.83 4670.73 -1.86
Manila 6424.45 6511.70 -1.34
Ho Chi Minh 477.19 476.09 +0.23
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