ASEAN KEY DESTINATIONS
30 September 2013
The Straits Times Index (STI) ended 42.31 points lower or -1.32% to 3,167.87, taking the year-to-date performance to +0.02%.
The FTSE ST Mid Cap Index declined -1.56% while the FTSE ST Small Cap Index declined -1.23%. The top active stocks were Yangzijiang (-6.01%), UOB (-2.87%), SingTel (-1.32%), Keppel Corp (-1.05%), and DBS (-0.67%).
The outperforming sectors today were represented by the FTSE ST Consumer Services Index (-0.31%). The two biggest stocks of the FTSE ST Consumer Services Index are Genting Singapore (-2.05%) and Jardine Cycle & Carriage (+1.76%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -2.93% with Midas Holdings’ and Geo Energy Resources’ share prices declining -3.13% and -1.33% respectively. The FTSE ST Industrials Index declined -1.57% while the FTSE ST Health Care Index declined -0.64%.
The three most active Exchange Traded Funds (ETFs) by value today were the db x-Trackers AUD SSA Bonds (-0.04%), SPDR Gold Shares (-13.82%), and iShares MSCI India (-1.98%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-2.56%), CapitaMall Trust (-1.26%), Suntec REIT (-2.97%).
The most active index warrants by value today were HSI23600MBeCW131030 (-35.07%), HSI23200UBeCW131030 (-39.76%) and HSI22800MBeCW131030 (-28.26%).
The most active stock warrants by value today were Yangzijiang MBeCW150102 (-12.17%), DBS MB eCW131105 (-9.02%) and Keppel Corp MBeCW140204 (-12.16%).
Singapore Stock Market
*ST Index 3,167.87 -42.31 3,210.18 +15.87
Volume: 4,630.4M 4,382.2M
Value: $1,800.3M $1,174.6M
Gainers/Losers: 103/401 227/222
Daily Market Commentary (Securities)
30 Sep 2013
The FBM KLCI index lost 7.54 points or 0.42% on Monday. The Finance Index fell 0.92% to 16426.13 points, the Properties Index dropped 0.58% to 1331.97 points and the Plantation Index down 0.43% to 8283.11 points. The market traded within a range of 19.54 points between an intra-day high of 1781.84 and a low of 1762.30 during the session.
Actively traded stocks include TMS, SILVER, GPACKET-WA, KBUNAI-OR, DVM, INSTACO-WB, CSL, GPACKET, SERSOL and MAS. Trading volume decreased to 1853.17 mil shares worth RM2377.35 mil as compared to Friday’s 2215.21 mil shares worth RM1609.10 mil.
Leading Movers were BAT (+170 sen to RM64.20), PETDAG (+10 sen to RM29.00), PETCHEM (+5 sen to RM6.85), YTL (+3 sen to RM1.54) and MISC (+3 sen to RM5.12). Lagging Movers were UMW (-34 sen to RM11.82), CIMB (-12 sen to RM7.52), HLFG (-22 sen to RM14.52), PPB (-18 sen to RM14.22) and RHBCAP (-9 sen to RM7.56).
The KLCI trimmed its earlier losses in the mid day but still finished lower at 1768.62 points in the last trading day of September. 558 stocks in the local market declined as opposed to 227 gaining counters as the market sentiment was weakened by the concerns of a potential government shutdown in US. Incidentally, a Chinese manufacturing index rose less than analysts forecast in September, unexpectedly weakening from a preliminary estimate in a result that casts doubt on the strength of the economy’s rebound.
Date As of: 30 September 2013
Description Volume Value Frequency
ETF 37,000 25,336,000 39
Stock 3,810,566,815 5,108,891,925,019 132,385
Warrant 17,307,860 1,078,320,380 878
Total 3,827,911,675 5,109,995,581,399 133,302
As of 30 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,027.65 3,807.50 -779.86
Proprietary 3,238.12 4,749.27 -1,511.15
Foreign 9,507.69 11,169.54 -1,661.85
Individual 16,957.18 13,004.33 3,952.85
Total Trading Value 32,730.64 M.Baht
Vietnam's benchmark VN Index rose 1.24 percent to close at 492.63 points on Monday, the highest in five weeks, led by banks following a comment by Prime Minister Nguyen Tan Dung on a possible increase of foreign ownership in Vietnamese firms.
Vietnam was considering to increase the foreign ownership ceiling in several sectors, including banks, Dung told foreign investors in New York late last week, according to the government's news website ((baodientu.chinhphu.vn)).
"This statement has boosted up investors' appetite, especially in the banking sector," analyst Nguyen The Minh at Viet Capital Securities said.
Banks led the rise, with shares of Hanoi-based Vietcombank jumping 4.26 percent to 26,900 dong ($1.27) each.
VietinBank, the country's top partly private bank, was up 2.47 percent, and Sacombank increased 1.14 percent.
Baoviet Holdings, Vietnam's biggest insurer, and dairy products maker Vinamilk also edged up on Monday.
Analysts also expected the HSBC's Vietnam Manufacturing Purchasing Managers' Index for September to be above 50, which would be a positive news to stock investors.
The VN Index could briefly hit 500 points this week as investors take profits on small-cap blue chips, Minh said.
Here is a snapshot of the VN Index
VN Index 492.63
PREV. CLOSE 486.61
% CHANGE 1.24%
Stocks in Indonesia, Thailand and the Philippines underperformed in Southeast Asia on Monday amid selling in large caps such as Bank Rakyat Indonesia as concerns of a likely shutdown of the U.S. government plagued global markets.
Indonesian main index dropped 2.4 percent, taking its loss for July-September quarter to 10.4 percent, the biggest since December 2008. Philippine main index slipped 3 percent, with a 4.4 percent fall in the third quarter.
Thai SET index finished down 2.4 percent on the day, ending the quarter 4.7 percent lower in light volume and amid a short selling activity, which hit large caps such as Siam Commercial Bank Pcl and Kasikornbank Pcl.
Foreign funds continued shifting money out of the region, traders said. Indonesia recorded foreign selling worth 806 billion rupiah ($69.86 million) on Monday, adding on $170 million net foreign selling over the previous four sessions, Thomson Reuters data showed.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 400.83 408.80 -1.95
Singapore 3167.87 3210.18 -1.32
Kuala Lumpur 1768.62 1776.16 -0.42
Bangkok 1383.16 1417.49 -2.42
Jakarta 4316.18 4423.72 -2.43
Manila 6191.80 6379.81 -2.95
Ho Chi Minh 492.63 486.61 +1.24
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