ASEAN KEY DESTINATIONS
29 September 2014
The Straits Times Index (STI) ended -2.49 points lower or -0.08% to 3289.72, taking the year-to-date performance to +3.94%.
The FTSE ST Mid Cap Index gained +0.11% while the FTSE ST Small Cap Index gained +0.01%. The top active stocks were DBS (unchanged), SingTel (+0.26%), OCBC Bank (+0.21%), UOB (-0.27%) and Ascendas Reit (-0.44%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.14%). The two biggest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+0.52%) and Biosensors International Group (+2.10%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.43% with Midas Holdings' share price declining -4.29% and Geo Energy Resources’ share price declining -2.08%. The FTSE ST Consumer Services Index gained +0.04%. The FTSE ST Real Estate Index gained +0.04%. The FTSE ST Utilities Index remain unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-0.37%), DBXT MSCI Asia Ex Japan ETF (-1.77%), IS MSCI India (+0.95%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.44%), CapitaMall Trust (+0.26%), CapitaCom Trust (unchanged).
The most active index warrants by value today were HSI23400MBePW141127 (unchanged), HSI23600MBeCW141127 (unchanged), HSI24000MBeCW141030 (-30.26%).
The most active stock warrants by value today were DBS MB eCW150106 (-2.78%), UOB MB eCW141201 (-7.48%), OCBC Bk MBeCW150302 (+1.21%).
Singapore Stock Market
*ST Index 3,289.72 -2.49 3,292.21 +1.22
Volume: 1,002.6M 1,196.5M
Value: $682.1M $763.1M
Gainers/Losers: 186/222 150/252
Daily Market Commentary (Securities)
29 Sep 2014
The FBM KLCI index gained 5.84 points or 0.32% on Monday. The Finance Index increased 0.70% to 17264.55 points, the Properties Index dropped 0.23% to 1493.5 points and the Plantation Index down 0.22% to 8397.8 points. The market traded within a range of 7.55 points between an intra-day high of 1846.75 and a low of 1839.20 during the session.
Actively traded stocks include MUIIND, BJCORP, SKPRES-WA, PDZ, BJCORP-WB, FOCUS, ASIABIO, TAKASO, REACH-WA and DAYA. Trading volume increased to 2602.11 mil shares worth RM1879.70 mil as compared to Friday’s 2489.65 mil shares worth RM1976.62 mil.
Leading Movers were CIMB (+20 sen to RM7.19), HLFG (+38 sen to RM17.76), MAXIS (+12 sen to RM6.52), SKPETRO (+4 sen to RM4.15) and GENTING (+4 sen to RM9.34). Lagging Movers were KLCC (-10 sen to RM6.59), KLK (-26 sen to RM21.50), YTL (-2 sen to RM1.70), IOICORP (-2 sen to RM4.82) and ASTRO (-1 sen to RM3.34). Market breadth was negative with 371 gainers as compared to 436 losers.
On the first trading day of the week, the KLCI closed higher by 5.84 points at 1846.34 points amid the positive economic performance in the US. The performance of our benchmark index was supported by gains in heavyweight counters such as CIMB, Hong Leong Financial, and Maxis.
Date As of: 29 September 2014
Description Volume Value Frequency
ETF 32,660,100 3,028,326,100 255
Stock 5,630,773,687 4,938,018,348,910 238,808
Warrant 47,114,980 1,834,717,100 981
Total 5,710,548,767 4,942,881,392,110 240,044
As of 29 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,992.48 3,950.83 41.65
Proprietary 4,111.93 5,990.71 -1,878.78
Foreign 16,280.89 18,026.96 -1,746.07
Individual 36,541.56 32,958.37 3,583.20
Total Trading Value 60,926.86 M.Baht
Vietnam index ends down 0.9 pct on selling in energy, bank stocks
Vietnam's benchmark VN Index ended Monday's trading below the 600-point level, pulled down by selling in energy and bank stocks.
The index ended 0.86 percent lower at the session low of 599.78, with 127.43 million shares traded, above the five-day average of 122.7 million, according to Reuters data.
The market has yet to recover after having lost 4.6 percent over eight days between Sept. 15-24, partly due to selling by exchange-traded funds during their portfolio review.
Petrovietnam Gas , the country's biggest listed firm by market value, lost 0.93 percent to close at 107,000 dong each. Petrovietnam Drilling and Well Services Corp ended down 1.03 percent at 96,500 dong.
Both the firms are subsidiaries of state-run Petrovietnam group.
Eximbank , Vietcombank , Military Bank and VietinBank also ended lower.
Short-term investors should monitor developments and be ready to sell if signs point to a slide in the markets, FPT Securities said in a note to clients.
But given the faster pace of economic expansion, the market's correction period would end soon, Vietcombank Securities said.
Vietnam's economic growth quickened in the third quarter ending September to an annual rise of 6.19 percent, the fastest quarterly growth since the fourth quarter of 2010.
Here is a snapshot of the VN Index at the close
VN Index 599.78
PREV. CLOSE 604.98
% CHANGE -0.86%
SE Asia Stocks - Thai shares snap rising streak after weak exports data
Thai stocks snapped eight sessions of gains on Monday as disappointing August exports data fuelled late selling in an overbought market, while most others in Southeast Asia were flat-to-weaker amid weakness in regional currencies.
The Thai SET index closed down 0.9 percent after rallying 2.2 percent in the previous eight trading sessions.
Large-caps fell on strong volume, including Bangkok Bank , Advanced Info Service and PTT .
The index closed at 1,585.79, down from Friday's close of 1,600.16, which sent its 14-day Relative Strength Index (RSI) to 71.9. A reading above 70 indicates an overbought market.
"The trade data added to an already weak market sentiment as we also had a technical-led selling around the 1,600 level," said Viwat Techapoonphol, a senior strategist at Tisco Securities.
Thai exports in August suffered the biggest percentage drop since bad flooding in late 2011, confirming that a key engine of the country's economy was not firing.
Indonesian shares edged higher, rebounding from a more than seven-week low hit earlier, while Philippine shares were flat amid foreign-led selling in telecoms stocks such as Globe Telecom .
The Indonesian rupiah hit a seven-month low on Monday on worries about political uncertainty and in response to the U.S. dollar's broad strength, while Asian currencies retreated broadly.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3289.72 3292.21 -0.08
Kuala Lumpur 1846.34 1840.50 +0.32
Bangkok 1585.79 1600.16 -0.90
Jakarta 5142.01 5132.56 +0.18
Manila 7265.36 7261.30 -0.06
Ho Chi Minh 599.78 604.98 -0.86