ASEAN KEY DESTINATIONS
24 September 2014
The Straits Times Index (STI) ended -5.28 points lower or -0.16% to 3292.81, taking the year-to-date performance to +4.04%.
The FTSE ST Mid Cap Index declined -0.40% while the FTSE ST Small Cap Index declined -0.21%. The top active stocks were DBS (+0.38%), SingTel (-0.52%), OCBC Bank (+0.31%), UOB (-0.04%) and Genting Sing (-1.74%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+0.50%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (-1.02%) and Biosensors International Group (+2.88%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.71% with Midas Holdings’ share price declining -1.35% and Geo Energy Resources’ share price declining -6.12%. The FTSE ST Consumer Services Index declined -0.18%. The FTSE ST Real Estate Index declined -0.22%. The FTSE ST Utilities Index declined -0.78%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.21%), United SSE 50 China ETF (+1.32%), IS MSCI India (-0.80%).
The three most active Real Estate Investment Trusts (REITs) by value were Suntec REIT (-1.13%), CapitaCom Trust (unchanged), Ascendas REIT (-0.44%).
The most active index warrants by value today were HSI23800MBePW141030 (-6.48%), HSI24600MBeCW141030 (unchanged), HSI24000MBePW141127 (-5.42%).
The most active stock warrants by value today were DBS MB eCW150106 (+3.68%), UOB MB eCW141201 (-3.39%), DBS MB ePW141202 (-5.09%).
Singapore Stock Market
*ST Index 3,292.81 -5.28 3,298.09 +1.52
Volume: 1,284.3M 1,378.2M
Value: $860.3M $931.9M
Gainers/Losers: 175/223 186/246
Daily Market Commentary (Securities)
24 Sep 2014
The FBM KLCI index lost 0.11 points or 0.01% on Wednesday. The Finance Index increased 0.00% to 17259.38 points, the Properties Index up 0.32% to 1496.77 points and the Plantation Index down 0.20% to 8360.53 points. The market traded within a range of 5.33 points between an intra-day high of 1844.00 and a low of 1838.67 during the session.
Actively traded stocks include SUMATEC, PDZ, SUMATEC-WB, TMCLIFE-WA, EFFICEN, GLOTEC, MARCO, TAKASO, ASIABIO and NEXGRAM. Trading volume increased to 2689.77 mil shares worth RM2199.55 mil as compared to Tuesday’s 2357.42 mil shares worth RM2235.99 mil.
Leading Movers were YTL (+3 sen to RM1.69), MISC (+10 sen to RM6.90), BAT (+82 sen to RM69.80), HLFG (+16 sen to RM17.58) and RHBCAP (+5 sen to RM8.90). Lagging Movers were ASTRO (-4 sen to RM3.31), GENTING (-8 sen to RM9.34), IOICORP (-4 sen to RM4.80), GENM (-2 sen to RM4.14) and AMMB (-3 sen to RM6.86). Market breadth was positive with 427 gainers as compared to 371 losers.
The KLCI closed lower at 1840.08 points today. Throughout the trading day, the KLCI held on to modest gains, as local investors seeking bargains helped keep the local index afloat, amid gloomy market sentiment. Regionally, Asian markets slid but remained mixed, as an overnight decline in Wall Street and on-going air strikes in Syria, compounded by dovish statements by a Federal Reserve official did little to improve investor sentiment.
Date As of: 24 September 2014
Description Volume Value Frequency
ETF 29,900 25,856,900 143
Stock 6,253,716,205 4,487,930,251,330 191,161
Warrant 56,804,100 4,585,304,400 1,200
Total 6,310,550,205 4,492,541,412,630 192,504
As of 24 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,881.14 5,399.68 -1,518.54
Proprietary 3,908.73 4,280.62 -371.90
Foreign 14,079.08 9,456.24 4,622.84
Individual 30,182.80 32,915.21 -2,732.41
Total Trading Value 52,051.76 M.Baht
Vietnam index falls over 1 pct to 6-week low, selling weakens
Vietnam's benchmark VN Index closed down 1.1 percent on Wednesday, the eighth fall in a row, hitting the lowest in six weeks, but selling has weakened while a part of investors sought bargain hunting.
The index ended at 603.59, the lowest since Aug. 13, with 132.7 million shares changing hands, down 8 percent from the previous day's volume, based on Reuters data.
Several securities firms expect the index to recover once it hits the 600-610 point zone. FPT Securities said shares of oil and gas companies would be in focus during the next recovery.
Petrovietnam Gas, the country's largest listed firm, ended down 3.67 percent at 105,000 dong on Wednesday, while Petrovietnam Well Drilling and Services Co lost 2 percent to close at 98,000 dong.
The two are subsidiaries of state oil and gas group Petrovietnam.
The market outlook remains good, with macro economy looking solid, the central bank pushing forward the credit growth plan and foreign investors boosting their purchase, FPT Securities said.
Data for Wednesday were not immediately available. On Tuesday foreign investors switched to being net buyers after being net sellers the previous day, the exchange said.
Here is a snapshot of the VN Index at the close
VN Index 603.59
PREV. CLOSE 610.39
% CHANGE -1.11%
SE Asia Stocks-Most edge down on geopolitical woes, Eurozone worries
Most Southeast Asian stocks gave up early gains to end the trading day weaker on Wednesday as geopolitical tensions and a decline in Eurozone manufacturing activity weighed on sentiment, though Manila outperformed the region.
The Jakarta Composite Index surrendered early gains to end 0.3 percent down, its lowest close since Sept. 16. Singapore closed 0.2 percent down at a more than one-week low, and Vietnam fell 1.1 percent to its lowest close in six weeks.
Analysts said less-than-expected manufacturing in the Eurozone in September and U.S. airstrikes on militant groups in Syria may put pressure on high-risk assets.
The Philippine Index ended 1.2 percent higher, while Thailand closed up 0.1 percent with $143.52 million in foreign inflows.
The Malaysian stock index fell slightly, with foreign outflows at $19.09 million.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3292.81 3298.09 -0.16
Kuala Lumpur 1840.05 1840.19 -0.01
Bangkok 1591.89 1590.13 +0.11
Jakarta 5174.01 5188.11 -0.27
Manila 7355.29 7271.62 +1.15
Ho Chi Minh 603.59 610.39 -1.11