ASEAN KEY DESTINATIONS
23 September 2013
The Straits Times Index (STI) ended 23.28 points lower or -0.72% to 3,214.25, taking the year-to-date performance to +1.49%.
The FTSE ST Mid Cap Index declined -0.06% while the FTSE ST Small Cap Index gained +0.17%. The top active stocks were SingTel (-1.05%), Ezra (+8.85%), Rowsley (+3.88%), YHM (+14.00%), and HanKore (+6.49%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+2.47%). The two biggest stocks of the FTSE ST Technology Index are Liongold Corp (+5.02%) and STATS ChipPAC (unchanged). The underperforming sector was the FTSE ST Telecommunications Index, which declined -1.15% with SingTel’s and Starhub‘s share prices declining -1.05% and -1.86% respectively. The FTSE ST Industrials Index declined -1.07%, while the FTSE Health Care Index declined -0.14%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India (-2.78%), CIMB FTSE Asean 40 (-3.33%), and SPDR Gold Shares (-1.95%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-1.70%), Suntec REIT (-0.89%), and Keppel REIT (+1.61%).
The most active index warrants by value today were HSI23400MBePW131030 (+11.43%), HSI23600MBeCW131030 (-10.00%) and HSI22800MBeCW131030 (-11.49%).
The most active stock warrants by value today were Ezra BPeCW140702 (+1.37%), Keppel Corp MBeCW131203 (-6.74%) and DBS MB eCW131105 (-6.62%).
Singapore Stock Market
*ST Index 3,214.25 -23.28 3,237.53 -14.25
Volume: 4,329.9M 5,326.7M
Value: $1,293.6M $1,511.6M
Gainers/Losers: 189/277 176/307
Daily Market Commentary (Securities)
23 Sep 2013
The FBM KLCI index lost 5.47 points or 0.30% on Monday. The Finance Index fell 0.55% to 16935.8 points, the Properties Index up 0.63% to 1350.13 points and the Plantation Index rose 0.04% to 8337.37 points. The market traded within a range of 7.02 points between an intra-day high of 1800.30 and a low of 1793.28 during the session.
Actively traded stocks include TMS, TMS-WA, SONA-WA, KBUNAI, CSL, HOVID-WB, FARLIM, HOVID, LUSTER and CENSOF. Trading volume decreased to 2139.67 mil shares worth RM1781.91 mil as compared to Friday’s 2398.71 mil shares worth RM2448.12 mil.
Leading Movers were PETDAG (+30 sen to RM29.00), RHBCAP (+17 sen to RM7.97), KLK (+12 sen to RM22.44), PPB (+12 sen to RM14.20) and PETGAS (+4 sen to RM21.92). Lagging Movers were BAT (-110 sen to RM63.00), UMW (-24 sen to RM12.66), HLFG (-14 sen to RM15.06), CIMB (-13 sen to RM7.95) and HLBANK (-12 sen to RM14.22). Market breadth was negative with 358 gainers as compared to 390 losers.
The KLCI started the week on a negative note, dropping 5.47 points to 1796.36 points. Local market remained volatile as investors are still concerned about US Federal Reserve’s stimulus reduction in October and debate over the US debt-ceiling limit.Meanwhile, most regional markets rallied due to better than expected manufacturing data from China.
Date As of: 23 September 2013
Description Volume Value Frequency
ETF 75,000 57,942,000 54
Stock 4,393,426,801 4,400,812,862,300 123,124
Warrant 25,316,000 1,439,159,000 820
Total 4,418,817,801 4,402,309,963,300 123,998
As of 23 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,994.83 6,475.99 -2,481.15
Proprietary 6,104.99 7,765.88 -1,660.89
Foreign 11,368.31 11,667.49 -299.18
Individual 29,160.15 24,718.93 4,441.22
Total Trading Value 50,628.29 M.Baht
Vietnam's benchmark VN Index ended up 0.4 percent on Monday, with most blue chips advancing, led by energy and real estate firms.
Shares of PetroVietNam Gas, the country's biggest listed firm by capitalisation, rose 0.77 percent to 65,500 dong ($3.11) each.
Real estate firm Tan Tao Investment and Industry Corp edged up 1.82 percent, Vingroup climbed 0.81 percent and top insurer Baoviet Holdings gained 0.85 percent.
The index would stay around 480 points this week, and the daily volume could range at 30 million to 40 million shares, analyst Phan Dung Khanh at Maybank Kim Eng Securities said, below a daily average of nearly 44 million shares so far this month.
Here is a snapshot of the VN Index
VN Index 479.09
PREV. CLOSE 477.19
% CHANGE 0.40%
Thai stocks suffered their worst drop in more than three months on Monday as investors, including domestic institutions, locked in quick gains in telecoms and banking stocks, while most others in Southeast Asia posted slight losses.
The Thai SET index ended down 3.4 percent, its biggest percentage loss in a single day since June 11, breaking below the key 1,500 mark to a one-week closing low.
Brisk selling was seen in Shin Corporation Pcl, True Corporation Pcl and Siam Commercial Bank Pcl, which were among last week's outperformers.
The sell-off came after the index's 6.1 percent rally last week which prompted profit taking by domestic funds and so-called trigger funds, which are redeemed when the index hits a target level, traders said.
A bout of selling hit recent gainers across the region such as Singapore's DBS Group Holdings, Malaysia's CIMB Group Holdings and Philippine Long Distance Telephone.
In Kuala Lumpur, local institutions sold shares worth a net 157 million ringgit ($49.61 million) while foreign investors bought shares worth a net 120 million ringgit ($37.92 million), stock exchange data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 416.08 423.51 -1.75
Singapore 3214.25 3237.53 -0.72
Kuala Lumpur 1796.36 1801.83 -0.30
Bangkok 1436.68 1486.76 -3.37
Jakarta 4562.86 4583.83 -0.46
Manila 6477.94 6424.45 +0.83
Ho Chi Minh 479.09 477.19 +0.40
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