ASEAN KEY DESTINATIONS
17 October 2014
The Straits Times Index (STI) ended +13.52 points higher or +0.43% to 3167.73, taking the year-to-date performance to +0.09%.
The FTSE ST Mid Cap Index gained +0.49% while the FTSE ST Small Cap Index gained +1.20%. The top active stocks were Keppel Corp (-0.84%), SingTel (-0.55%), DBS (+0.85%), UOB (+0.55%) and OCBC Bank (+0.32%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+2.44%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+5.91%) and Hyflux (+0.50%). The underperforming sector was the FTSE ST Health Care Index, which declined -1.66% with Raffles Medical Group’s share price declining -1.31% and Biosensors International Group’s share price declining -2.94%. The FTSE ST Consumer Services Index gained +0.93%. The FTSE ST Real Estate Index gained +0.31%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-0.28%), STI ETF (+0.63%), DBXT MSCI Indonesia ETF (+3.26%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaMall Trust (-0.52%), CapitaCom Trust (-0.94%).
The most active index warrants by value today were HSI23600MBeCW141127 (+15.28%), HSI22800MBePW141127 (-10.48%), HSI23200MBeCW141230 (unchanged).
The most active stock warrants by value today were DBS MB eCW150106 (+5.63%), UOB MB eCW150302 (+1.06%), DBS MB eCW141201 (+6.62%).
Singapore Stock Market
*ST Index 3,167.73 +13.52 3,154.21 -44.51
Volume: 1,198.1M 1,361.8M
Value: $1,130.4M $1,343.6M
Gainers/Losers: 289/161 75/420
Daily Market Commentary (Securities)
17 Oct 2014
The FBM KLCI index gained 20.54 points or 1.16% on Friday. The Finance Index increased 1.75% to 16541.84 points, the Properties Index up 2.10% to 1375.26 points and the Plantation Index rose 0.75% to 7932.95 points. The market traded within a range of 29.07 points between an intra-day high of 1795.29 and a low of 1766.22 during the session.
Actively traded stocks include SUMATEC, SANICHI, PDZ, HUBLINE, CENSOF, SANICHI-WC, KNM, SKPETRO, SUMATEC-WB and YTL. Trading volume decreased to 2296.33 mil shares worth RM2481.65 mil as compared to Thursday’s 2557.45 mil shares worth RM2679.08 mil.
Leading Movers were SKPETRO (+31 sen to RM3.47), HLFG (+74 sen to RM17.72), CIMB (+21 sen to RM6.40), MISC (+22 sen to RM6.78) and FGV (+7 sen to RM3.07). Lagging Movers were IOICORP (-9 sen to RM4.61), PETCHEM (-1 sen to RM6.08), and TM (-1 sen to RM6.84). Market breadth was positive with 884 gainers as compared to 128 losers.
The KLCI rebounded from the slump and ended higher at 1788.31 points. Meanwhile, investor sentiment was lifted following the positive industrial output data by US in September that eased concerns about slowing growth in the world economy.
Date As of: 17 October 2014
Description Volume Value Frequency
ETF 14,100 7,290,800 133
Stock 5,307,586,276 8,045,061,375,369 263,142
Warrant 10,109,700 833,953,300 1,274
Total 5,317,710,076 8,045,902,619,469 264,549
As of 17 October 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,353.32 3,317.24 36.07
Proprietary 4,596.78 4,660.84 -64.06
Foreign 10,254.54 12,915.65 -2,661.11
Individual 25,354.54 22,665.43 2,689.10
Total Trading Value 43,559.17 M.Baht
Vietnam index ends down 0.3 pct, bargain hunting emerges
Vietnam's benchmark VN Index fell for the sixth straight session on Friday, posting its biggest weekly decline since the week ended May 9 as
investors extended margin selling and on global worries, while bargain hunting emerged at lower levels.
The index closed down 0.32 percent at 585.28 on Friday. For the week, it dropped 5.25 percent as investors repaid loans to brokers after margin trading ratios surged at some securities firms, pulling the index down to the lowest since July 11 and breaching multiple support levels.
Foreign investors were net sellers of Vietnamese equities in all sessions this week as they cut risk exposure amid mounting fears of a slowdown in global growth and Vietnam's rising credit default swap that reached the highest since Aug. 14 on Thursday .
But bargain hunting in late trade saved the index from a steep fall, with winners outperforming decliners by two to one.
"Margin pressure has subdued, and some stocks fell to attractive levels so long-term investors joined the market," said analyst Tran Hai Yen of Bao Viet Securities.
Here is a snapshot of the VN Index at the close
VN Index 585.28
PREV. CLOSE 587.17
% CHANGE -0.32%
SE Asia Stocks-Indonesia outperforms on fuel subsidy cut plan
Southeast Asian stock markets mostly gained on Friday, with Indonesia touching a more than one-week high, amid easing political tensions and
president-elect Joko Widodo's plan to raise the prices of subsidised fuel.
Jakarta's composite index closed up 1.6 percent at 5,028.95, the highest since Oct. 7, with shares of large caps such as Astra International among actively-traded stocks by turnover.
Selective buying lifted shares of Bank Rakyat Indonesia and Bank Mandiri amid the start of reporting season for listed banks.
The index notched up a 1.3-percent gain on the week, after a modest 0.3 percent rise during the week before.
Philippine shares traded weak on Friday, with the key index falling 0.4 percent after two sessions of gains. It dropped 2.3 percent on the week, a fourth straight week of losses, and underperforming most other regional bourses.
Stock exchange data showed net foreign outflow worth 10.08 billion peso ($225 million) on Friday, with shares of Aboitiz Power and Ayala Land taking a hit.
Other markets posted losses on the week amid heightening concerns about the health of the global economy. Singapore fell 1.7 percent, for the fifth week, while Thailand and Malaysia were both down more than 1 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3167.73 3154.21 +0.43
Kuala Lumpur 1788.31 1767.77 +1.16
Bangkok 1528.71 1526.15 +0.17
Jakarta 5028.95 4951.61 +1.56
Manila 7003.22 7028.58 -0.36
Ho Chi Minh 585.28 587.17 -0.32