ASEAN KEY DESTINATIONS
03 September 2013
The Straits Times Index (STI) ended 0.94 points lower or -0.03% to 3,054.78, taking the year-to-date performance to -3.55%.
The FTSE ST Mid Cap Index gained +0.66% while the FTSE ST Small Cap Index gained +0.30%. The top active stocks were Rowsley (+0.91%), China Minzhong (-0.44%), SingTel (unchanged), DBS (-0.31%), and UOB (-0.49%).
The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.63%). The two biggest stocks of the FTSE ST Health Care Index are Biosensors International (+1.12%) and Raffles Medical Group (+3.34%). The underperforming sector was the FTSE Utilities Index, which declined -1.16% with United Envirotech‘s and Hyflux‘s share prices declining -1.18% and -0.42% respectively. The FTSE ST Industrials Index declined -0.14%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.05%), iShares MSCI India 100 (-2.41%), and Lyxor Asia 10 (+0.89%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall (+0.27%), CapitaComm (+0.37%), and Ascendas REIT (+0.91%).
The most active index warrants by value today were HSI22000MBeCW131030 (+10.35%), HSI22200MBeCW130927 (+15.19%) and HSI22000MBePW130927 (-15.58%).
The most active stock warrants by value today were Keppel Corp MB eCW131101 (unchanged), UOB BP ePW131002A (-5.56%) and DBS MB eCW131105 (-3.31%).
Singapore Stock Market
*ST Index 3,054.78 -0.94 3,055.72 +26.78
Volume: 4,180.1M 3,853.8M
Value: $1,309.1M $1,244.9M
Gainers/Losers: 258/178 293/161
Daily Market Commentary (Securities)
3 Sep 2013
The FBM KLCI index gained 6.65 points or 0.39% on Tuesday. The Finance Index increased 0.41% to 16158.75 points, the Properties Index up 0.39% to 1271.49 points and the Plantation Index down 0.05% to 8160.93 points. The market traded within a range of 11.96 points between an intra-day high of 1727.94 and a low of 1715.98 during the session.
Actively traded stocks include L&G-LR, PELIKAN, MAS, CSL, PESONA, FLONIC, SONA-WA, MQTECH, IRCB-WA and TMS. Trading volume increased to 1355.92 mil shares worth RM1508.28 mil as compared to Monday’s 1080.03 mil shares worth RM1199.16 mil.
Leading Movers were TENAGA (+27 sen to RM8.94), HLFG (+14 sen to RM14.52), MAXIS (+12 sen to RM6.99), PBBANK (+12 sen to RM17.22) and AXIATA (+9 sen to RM6.75). Lagging Movers were BAT (-58 sen to RM61.54), PPB (-14 sen to RM13.12), KLK (-10 sen to RM21.40), PETDAG (-6 sen to RM27.14) and RHBCAP (-4 sen to RM7.28). Market breadth was positive with 436 gainers as compared to 274 losers.
The KLCI rebounded from the losses yesterday to finish at 1724.2 points. The positive performance was in line with the broader Asian market, as investors’ sentiments were probably buoyed by the better-than-expected manufacturing data from Europe and China.
Date As of: Monday, September 02, 2013
Description Volume Value Frequency
ETF 77,500 38,712,000 50
Stock 4,438,337,366 5,278,569,394,980 169,061
Warrant 32,721,500 1,967,671,500 1,195
Total 4,471,136,366 5,280,575,778,480 170,306
As of 03 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 4,364.49 2,727.51 1,636.98
Proprietary 6,168.25 7,865.42 -1,697.16
Foreign 9,481.90 8,174.96 1,306.94
Individual 9,827.90 21,074.66 -1,246.76
Total Trading Value 39,842.55 M.Baht
Vietnam's VN Index closed down 0.11 percent on Tuesday against a rise in regional sharemarkets as foreigners continued selling and local investors traded cautiously, analysts said.
Commercial banks led the fall with Vietcombank plunging 4 percent, Eximbank dropping 1.4 percent and Vietinbank down 1 percent. Real estate firms also lost, with Hoang Anh Gia Lai <HAG.HM> down 1 percent and VinGroup 0.8 percent.
Investors were trading cautiously, awaiting clarity on whether the United States would take military action in troubled Syria before making trading decisions, said Doan Thi Anh Nguyet, an analyst at Saigon-Hanoi Securities.
Trading volume was 29 million shares, below the five-day average of 36.9 million shares, according to Ho Chi Minh City
Stock Exchange data.
Here is a snapshot of the VN Index
VN Index 472.17
PREV. CLOSE 472.7
% CHANGE -0.11%
Most Southeast Asian markets ended higher on Tuesday as investors loaded up on commodities-related stocks amid a spate of upbeat economic data
across the globe while Indonesian coal miners gained as a rise in the dollar bolstered earnings outlook.
The region saw rotational play into commodity and energy stocks, including Golden Agri-Resources Ltd, Tenaga
Nasional and Thai Oil, on optimism about the global economic outlook.
Trading volume was relatively weak across exchanges, mostly below a full-day average over the past 30 sessions, reflecting a
lack of conviction among risk-averse investors as caution persisted on weak economic data in Southeast Asia.
Indonesian shares outperformed, with Jakarta's Composite Index closing up 1.5 percent, regaining some of the 2.2
percent drop on Monday, with shares in PT Perusahaan Gas Negara Tbk up 5.8 percent after a 4.6 percent loss on Monday.
Investors piled into coal miners, including Adaro Energy, as the dollar's appreciation against the rupiah
provides benefits for coal plays.
The Indonesian rupiah weakened past the psychologically important level of 11,000 per dollar on Tuesday, for the first time in more than four years, as the market
fretted after the government reported a record monthly trade deficit.
The Philippine composite index ended up 0.4 percent, holding up above the key 6,000 closing level for a third
session, with its economic outperformance underpinning the broader market sentiment.
Philippine stocks remained relatively high, trading at around 17 times forward price-to-earnings multiple versus 22
times at the peak of the market in May, said Manila-based strategist Luz Lorenzo of Maybank ATR Kim Eng.
Luz expected the market rise to 7,000 levels toward the end of the year. The index target reflected 19 times forward
"...the economy is also on a higher growth trajectory, with GDP expansion in the last six quarters exceeding 6 percent. This
has not happened since the eighties, which is how far back quarterly data goes. We believe such growth is sustainable and
justifies the higher market PER," Luz said.
Malaysian shares edged up 0.4 percent after Monday's 0.6 percent loss. Thai stocks retreated, down 0.6 percent after a
surge of more than 2 percent on Monday.
Stocks in Singapore closed nearly flat, reversing earlier gains, after having risen on Monday. Stocks in Vietnam
edged down 0.1 percent as trade resumed after a market holiday on Monday.
SOUTHEAST ASIAN STOCK MARKETS
Change on day
Market Current Prev Close Pct Move
TR SE Asia Index* 382.59 382.98 -0.10
Singapore 3054.78 3055.72 -0.03
Kuala Lumpur 1724.21 1717.56 +0.39
Bangkok 1315.41 1323.70 -0.63
Jakarta 4164.01 4101.23 +1.53
Manila 6083.91 6061.80 +0.36
Ho Chi Minh 472.17 472.70 -0.11
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