ASEAN KEY DESTINATIONS
08 September 2014
The Straits Times Index (STI) ended -6.54 points lower or -0.20% to 3335.19, taking the year-to-date performance to +5.38%.
The FTSE ST Mid Cap Index declined -0.02% while the FTSE ST Small Cap Index gained +0.11%. The top active stocks were DBS (+0.44%), OCBC Bank (-0.41%), ThaiBev (-0.69%), Keppel Corp (-0.28%) and CapitaMall Trust (unchanged).
The outperforming sectors today were represented by the FTSE ST Technology Index (+0.80%). The two biggest stocks of the FTSE ST Technology Index are Silverlake Axis (+2.26%) and STATS ChipPAC (-0.84%). The underperforming sector was the FTSE ST Real Estate Holding and Development Index, which declined -0.87% with Hongkong Land Holdings’ share price declining -1.00% and Global Logistic Properties’ share price declining -1.38%. The FTSE ST Consumer Services Index declined -0.26%. The FTSE ST Real Estate Index declined -0.48%. The FTSE ST Utilities Index declined -0.03%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.16%), IS MSCI India (+1.84%), DBXT CSI300 ETF (-0.14%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (unchanged), Suntec REIT (unchanged), CapitaCommercial Trust (-1.18%)
The most active index warrants by value today were HSI25000MBePW141030 (-3.05%), HSI25400MBeCW140929 (-5.88%), HSI25200MBeCW141030 (-2.92%).
The most active stock warrants by value today were DBS MB eCW150106 (+2.22%), KepCorp MBeCW141201 (-2.25%), UOB MB eCW141201 (+3.60%).
Singapore Stock Market
*ST Index 3,335.19 -6.54 3,341.73 -4.61
Volume: 1,997.5M 1,251.7M
Value: $683.6M $947.4M
Gainers/Losers: 174/246 183/227
Daily Market Commentary (Securities)
8 Sep 2014
The FBM KLCI index gained 2.63 points or 0.14% on Monday. The Finance Index increased 0.21% to 17568.5 points, the Properties Index up 0.56% to 1509.44 points and the Plantation Index down 0.36% to 8537.18 points. The market traded within a range of 5.56 points between an intra-day high of 1871.09 and a low of 1865.53 during the session.
Actively traded stocks include PDZ, ASIABIO, MARCO, EFFICEN, SANICHI, SUMATEC, SANICHI-OR, NEXGRAM, ASIABIO-WA and FRONTKN. Trading volume decreased to 2682.82 mil shares worth RM1929.42 mil as compared to Friday’s 2710.06 mil shares worth RM2255.28 mil.
Leading Movers were HLFG (+66 sen to RM18.26), AMMB (+12 sen to RM7.01), TENAGA (+20 sen to RM12.46), PPB (+20 sen to RM15.00) and BAT (+70 sen to RM72.00). Lagging Movers were ASTRO (-6 sen to RM3.33), GENM (-7 sen to RM4.26), SIME (-6 sen to RM9.43), PBBANK (-12 sen to RM19.20) and KLK (-10 sen to RM22.20). Market breadth was positive with 474 gainers as compared to 353 losers.
The KLCI start the first trading days of the week on a positive note by ending higher at 1871.09 points, tracking the gains in Wall Street. The performance of our benchmark index was underpinned by gains in heavyweight counters such as Hong Leong and Tenaga.
Date As of: 08 September 2014
Description Volume Value Frequency
ETF 122,000 110,808,700 216
Stock 5,267,587,996 5,980,750,217,321 244,583
Warrant 52,187,500 3,730,926,900 1,292
Total 5,319,897,496 5,984,591,952,921 246,091
Thai bourse announces winners of Young Financial Star 2014
BANGKOK, September 8, 2014 - The Stock Exchange of Thailand (SET), together with Thailand Futures Exchange (TFEX), Muang Thai Life Assurance pcl, PTT pcl, Kasikornbank pcl and three key institutions, announces the winners of "Young Financial Star Competition 2014" (YFS), consisting of three young financiers from Thammasat University, Chulalongkorn University, and two groups of students.
The competition, held for 12th consecutive year, searches for the most competent young financiers from Thai university students nationwide. This year, the contest attracted over 5,000 students from 90 institutions. Out of these, 325 students from 38 universities passed the selection round and were provided intensive training courses to enhance financial and investment expertise.
SET President Kesara Manchusree said, "This YFS project has once again cooperated with strategic alliances in the Thai capital market. We are committed to enhancing and developing financial literacy and corporate social responsibility among university students to craft 'quality capital market
personnel'. We strongly believe that YFS will be vital in cultivating the Thai capital market personnel with the real investment and finance know-how,
benchmarking with international standard and competitive in regional and global capital markets."
YFS has contributed young talented professionals to the Thai capital market for 11 years. To-date there has been more than 45,000 students in the YFS project, a value-added contribution to the society. YFS 2014 has embraced a total of 210 persons who successfully passed the Securities Investment Consultant license, representing 73.43 percent of the total 286 candidates. Among these, 166 persons (out of 283) or 58.66 percent earned a derivatives license. On top of this, 55 persons who made it to the final round were awarded special training and testing consisting of Certified Investment and Securities Analyst course and Certified Financial Planner course for financial advisors.
The YFS 2014 winners are 1. Chatchai Ngamvipas from Thammasat University, as SET Investment Star 2. Akkarin Supachavaroj from Thammasat University, as K-Expert Star 3. Worathon Woranitath from Chulalongkorn University, as Muang Thai Insurance Star, and two student groups were granted the PTT CSR Star Team and TFEX Derivatives Star Team.
YFS 2014 ran from June to September 2014, opening up opportunities, enabling the qualified youths to learn from intensive and challenging scenarios in finance and investment. The final round was held on September 7. The winners and first runner-ups were granted scholarships for financial study trips in Thailand and overseas. The total award value is THB 5 million (approx. USD 156,000). Academic support came from our partners namely Association of Securities Companies, Thai Financial Planner Association and The Capital Market Development Fund Foundation.
As of 8 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 2,748.68 2,913.98 -165.29
Proprietary 3,353.90 3,289.84 64.06
Foreign 8,559.12 7,117.09 1,442.03
Individual 32,571.94 33,912.73 -1,340.79
Total Trading Value 47,233.64 M.Baht
Vietnam index rebounds 0.2 pct; property, telecoms lead
Vietnam's benchmark VN Index snapped a two-day losing streak and edged up 0.19 percent on Monday on heavy volume, led by gains in real estate and telecommunications shares.
Property company Vingroup advanced 1.8 percent, followed by top mobile phone retailer Mobile World Investment Corp that jumped 6.62 percent.
"This company (Vingroup) is building a good track record of following through successfully with its real estate projects, and is still the pre-eminent top-urban-location developer in the country," ACB Securities said in a note to clients on Monday.
The index closed up 1.20 points at 639.85, with more than 182 million shares changing hands, slightly higher than the five-day average level of 180 million, Reuters data showed.
"Liquidity has been good and steady, supporting the index's rising trend," said Manager of ACB Securities Doan Minh Quan.
Analysts have expected the index to surpass 650 in two weeks, while mid-term trend indicates further rises for the benchmark to as much as 670-700 later this year.
Here is a snapshot of the VN Index at the close
VN Index 639.85
PREV. CLOSE 638.65
% CHANGE 0.19%
SE Asia Stocks-Indonesia at record high amid regional inflows
Southeast Asian stock markets rose on Monday, with Indonesian stocks marking a record close for a second time in the month amid expectations of a likely end to fuel subsidy. Stocks in the Philippines hit the highest in more than 15 months.
Jakarta's Composite Index closed up 0.6 percent at 5,246.48, surpassing the record closing high of 5,224.135 hit on Sept. 3. The market brought in foreign inflows for a fourth straight session on Monday amid talks of a fuel price hike.
Foreign investors bought shares worth a net 561 billion rupiah ($47.84 million), adding on a combined 934 billion rupiah ($79.65 million) over the past three consecutive trading sessions, Thomson Reuters data showed.
The inflows boosted large caps such as Telkom Indonesia and shares of Bank Central Asia .
The Philippine main index was up 0.7 percent at 7,314.94, the highest close since May 22, 2013, with foreign investors buying shares worth a net 1.17 billion peso ($26.85 million), stock exchange data showed.
In Malaysia , foreign investors bought a net 80 million ringgit ($25.21 million) and in Thailand , it was a net 1.4 billion baht ($43.75 million), stock exchange data showed.
Brokers attributed the inflows to tepid U.S. non-farm jobs data which could delay the Federal Reserve's decision on an interest rate hike.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3335.19 3341.73 -0.20
Kuala Lumpur 1871.09 1868.46 +0.14
Bangkok 1584.77 1584.32 +0.03
Jakarta 5246.48 5217.34 +0.56
Manila 7314.94 7263.58 +0.71
Ho Chi Minh 639.85 638.65 +0.19