ASEAN KEY DESTINATIONS
04 September 2013
The Straits Times Index (STI) ended 39.36 points lower or -1.29% to 3,015.42, taking the year-to-date performance to -4.79%.
The FTSE ST Mid Cap Index declined -0.91% while the FTSE ST Small Cap Index declined -0.08%. The top active stocks were SingTel (-1.99%), DBS (-1.05%), OCBC Bank (-1.40%), UOB (-0.89%) and China Minzhong (-0.45%).
The outperforming sectors today were represented by the FTSE ST Technology Index (+0.16%). The two biggest stocks of the FTSE ST Technology Index are LionGold Corporation (unchanged) and STATS ChipPAC (-1.64%). The underperforming sector was the FTSE Consumer Goods Index, which declined -1.95% with Wilmar International‘s and Thai Beverage‘s share prices declining -0.97% and -3.13% respectively. The FTSE ST Industrials Index declined -0.40% while the FTSE ST Health Care Index declined -0.83%.
The three most active Exchange Traded Funds (ETFs) by value today were the iShares MSCI India 100 (unchanged), SPDR Gold Shares (+0.60%), and Lyxor Asia 10 (-0.22%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-2.25%), CapitaMall (-1.59%), and CapitaComm (-1.10%).
The most active index warrants by value today were HSI22000MBeCW131030 (-0.63%), HSI22200MBeCW130927 (unchanged) and HSI22000MBePW130927 (unchanged).
The most active stock warrants by value today were DBS MB eCW131105 (-11.97%), OCBC Bank MBeCW140203 (-11.39%) and Keppel Corp MB eCW131101 (-15.73%).
Singapore Stock Market
*ST Index 3,015.42 -39.36 3,054.78 -0.94
Volume: 3,317.4M 4,180.1M
Value: $1,318.2M $1,309.1M
Gainers/Losers: 150/288 258/178
Daily Market Commentary (Securities)
4 Sep 2013
The FBM KLCI index lost 7.45 points or 0.43% on Wednesday. The Finance Index fell 0.69% to 16046.47 points, the Properties Index dropped 0.42% to 1266.14 points and the Plantation Index down 0.33% to 8134.33 points. The market traded within a range of 22.98 points between an intra-day high of 1725.55 and a low of 1702.57 during the session.
Actively traded stocks include IRCB-WA, L&G-LR, IRCB, CSL, TMS, MAS, PELIKAN, SONA-WA, TIGER and MAYBANK. Trading volume increased to 1469.80 mil shares worth RM1811.53 mil as compared to Tuesday’s 1355.92 mil shares worth RM1508.28 mil.
Leading Movers were PETGAS (+22 sen to RM20.30), SIME (+2 sen to RM9.42), AMMB (+1 sen to RM7.44), PETCHEM (+1 sen to RM6.59) and UEMS (+1 sen to RM2.45). Lagging Movers were BAT (-72 sen to RM60.82), MAYBANK (-19 sen to RM9.83), UMW (-18 sen to RM12.40), HLBANK (-18 sen to RM13.78) and GENTING (-9 sen to RM9.29). Market breadth was negative with 277 gainers as compared to 431 losers.
The KLCI ended lower at 1716.76 points as investors’ confidences were dampened by the further U.S. support for action against Syria. Similarly, Asian markets closed mixed as a results of weak market sentiments.
Date As of: 04 September 2013 Time 16:00:00
Description Volume Value Frequency
ETF 79,275 14,912,700 13
Stock 5,259,531,273 4,707,663,398,804 169,960
Warrant 31,061,625 1,463,923,500 1,040
Total 5,290,672,173 4,709,142,235,004 171,013
As of 04 Sep 2013 Unit: M.Baht
Type Buy Sell Net
Institution 3,097.71 2,355.86 741.85
Proprietary 6,348.80 7,698.41 -1,349.61
Foreign 8,611.94 8,999.35 -387.41
Individual 15,167.31 14,172.15 995.16
Total Trading Value 33,225.77 M.Baht
Vietnam's benchmark VN Index eased 0.15 percent at the close on Wednesday, tracking a regional market fall as foreign investors extended a selling run that pushed trade volume to a two-month high.
Pha Lai Thermal Power Co slumped 4 percent as a result of net selling by one exchange traded fund. Top insurer BaoViet Holdings fell 2.8 percent and real estate firm Hoang Anh Gia Lai lost 2 percent.
Appetite was weak in most Asian markets amid concern about possible U.S. military strikes on Syrian state targets.
Trading volume was the highest level since June 26 at 69.3 million shares. Foreign investors offloaded a net 264 billion dong ($12.5 million) in the previous three days and analysts said sentiment was unlikely to improve in the absence of any positive news about the country's lacklustre economy.
Here is a snapshot of the VN Index
VN Index 471.45
PREV. CLOSE 472.17
% CHANGE -0.15%
Southeast Asian stocks ended down on Wednesday, led by Indonesia and the Philippines, as concerns about a potential U.S. military strike on Syria fuelled selling in the emerging region already plagued by a weaker economic outlook.
Most Southeast Asian benchmark indexes ended around a week low due to selling in heavyweights such as Malayan Banking, Telkomunikasi Indonesia, Singapore Telecommunications and Advanced Info Service.
The Philippine main index dropped 1.9 percent to 5,968.33, falling below a key 6,000 level for the first time in three sessions.
Jakarta's Composite Index slipped 2.2 percent to 4,073.46, led by falls in Telkomunikasi Indonesia and Astra International. Coal miner Indika Energy erased most of its earlier gains due to late profit-taking.
In its ASEAN economics report dated Sept. 3, Morgan Stanley said it was downgrading its 2013/2014 GDP growth numbers for ASEAN 4 -- Indonesia, Thailand, Malaysia and Singapore -- to 4.5-4.6 percent from 4.8-5.3 percent, reflecting a weaker-than-expected first half 2013 and a more clouded outlook.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
TR SE Asia Index* 377.86 382.57 -1.23
Singapore 3015.42 3054.78 -1.29
Kuala Lumpur 1716.76 1724.21 -0.43
Bangkok 1303.21 1315.41 -0.93
Jakarta 4073.46 4164.01 -2.17
Manila 5968.33 6083.91 -1.90
Ho Chi Minh 471.45 472.17 -0.15
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