ASEAN KEY DESTINATIONS
16 April 2015
The Straits Times Index (STI) ended 8.34 points or 0.24% lower to 3531.61, taking the year-to-date performance to +4.95%.
The top active stocks today were SingTel, which declined 1.77%, DBS, which gained 0.24%, UOB, which gained 0.38%, Keppel Corp, which declined 0.11% and SGX, with a 1.63% fall.
The FTSE ST Mid Cap Index gained 0.54%, while the FTSE ST Small Cap Index rose 0.59%.
The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 6.23%. The two biggest stocks of the Index - United Envirotech and Hyflux – ended 1.22% higher and 3.80% higher respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.56%. SingTel shares declined 1.77% and StarHub rose 0.68%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+1.28%)
DBXT S&P500 ETF (unchanged)
United SSE 50 China ETF (+4.45%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.49%)
CapitaMall Trust (-2.20%)
CapitaCom Trust (+0.29%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
NOL MB eCW160201 (+4.44%)
OCBC Bk MBeCW150803 (+0.86%)
KepCorp MBeCW150901 (+4.80%)
Singapore Stock Market
*ST Index 3,531.61 -8.34 3,539.95 +18.87
Volume: 2,575.2M 3,493.6M
Value: $1,473.9M $ 1,587.1M
Gainers/Losers: 266/203 277/224
Daily Market Commentary (Securities)
16 April 2015
The FBM KLCI index gained 7.81 points or 0.42% on Thursday. The Finance Index increased 0.36% to 16332.1 points, the Properties Index up 0.58% to 1336.7 points and the Plantation Index rose 0.58% to 7773.56 points. The market traded within a range of 10.95 points between an intra-day high of 1849.22 and a low of 1838.27 during the session.
Actively traded stocks include FRONTKN, XINGHE, PERISAI, DGB, KNM, ARMADA, AT, CONNECT, SYSTECH and NETX. Trading volume decreased to 2695.20 mil shares worth RM2521.77 mil as compared to Wednesday’s 2701.66 mil shares worth RM2508.12 mil.
Leading Movers were SKPETRO (+8 sen to RM2.68), IHH (+11 sen to RM5.83), PPB (+20 sen to RM16.20), YTL (+2 sen to RM1.65) and MAYBANK (+11 sen to RM9.45). Lagging Movers were CIMB (-9 sen to RM6.15), TM (-10 sen to RM7.30), BAT (-72 sen to RM68.28), MAXIS (-5 sen to RM7.15) and HLFG (-10 sen to RM16.80). Market breadth was positive with 517 gainers as compared to 340 losers.
The KLCI ended higher at 7.81 points following a last minute surge. Meanwhile, most of our regional peers ended in positive territory following the overnight gains in U.S. market.
Date As of: 15 April 2015
Description Volume Value Frequency
ETF 30,300 16,151,900 22
Stock 7,660,560,815 5,845,713,244,584 213,448
Warrant 12,463,900 491,028,700 2,894
Total 7,673,055,015 5,846,220,425,184 216,364
Thai alternative bourse to enhance listed company's quality toward sustainability
Bangkok, April 16, 2015: Market for Alternative Investment (mai), under the Stock Exchange of Thailand (SET) group will launch a plan to enhance listedcompany's quality toward sustainability, covering investor relations (IR) function, CG knowledge and sustainable development. In addition, mai has launched Corporate Sustainability Advisory Program by inviting five outstanding mai-listed companies in quality development to share their business direction and strategy.
mai President Prapan Charoenprawatt said one of mai's missions was to upgrade quality among mai-listed companies toward sustainability. It was evident that listed companies that practiced good corporate governance, enhanced strategic capabilities and contributed to business and society, were more attractive to global investors on investment decision-making, as demonstrated by the popularity of environmental, social and governance (ESG) index such as DJSI, MSCI World ESG Index.
"To become a sustainable firm, the size of business does not matter. What matters is the recognition of significant sustainable development in operation among executives and staff," Prapan added.
Mai has been promoting listed firms' growth through various educational and investing tools, providing one-on-one consultant for each firm and creating business connection through its collaboration with MAI Listed Companies Association (maiA). To boost quality, mai will implement three areas: 1) development of IR functions through IR advisory and training programs 2) enhancement of CG knowledge and operation significance by providing one-on-one CG coaching for each company 3) promotion of listed company's sustainable development through seminars, training and learning media.
The five mai-listed firms invited to share experiences, becoming role models, are Cho Thavee Dollasien pcl (CHO), G Capital pcl (GCAP), Project Planning Service pcl (PPS), QTC Energy pcl (QTC) and TV Direct pcl (TVD).
As of April 9, 2015, there were 113 companies listed on mai. The mai index closed at 714.57 points, rising 2.07 percent since the beginning of this year,with a total market capitalization of THB 427.56 billion (USD 12.96 billion) and
average trading value of about THB 4.89 billion per day. The prices per earnings ratio (P/E ratio) were 76.48 times.
As of 16 April 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 5,893.96 4,893.47 1,000.50
Proprietary 5,313.87 4,304.57 1,009.30
Foreign 21,166.34 17,252.08 3,914.26
Individual 17,672.51 23,596.56 -5,924.05
Total Trading Value 50,046.68 M.Baht
Vietnam index ends up 0.7 pct, banks lead
HANOI, April 16 - Vietnam's benchmark VN Index closed 0.67 percent higher on Thursday, led by banks in extended foreign buying.
Vietcombank , the country's top lender by market value, advanced 1.91 percent to a near six-week high of 37,300 dong ($1.73), while Hanoi-based BIDV climbed 3.16 percent to a record high and VietinBank rose 1.66 percent.
Foreigners were net buyers for a fifth straight session, mostly of banking shares, Reuters data showed. Analysts said overseas investors took a bet on the central bank's reform plan for the sector.
Here is a snapshot of the VN Index at the close
VN Index 568.28
PREV. CLOSE 564.5
% CHANGE 0.67%
SE Asia Stocks-Singapore index snaps gains after stock trading link denial
BANGKOK, April 16 - Southeast Asian stock markets mostly rose on Thursday as a rally in global oil prices lifted energy-related shares but the Singapore benchmark snapped a four-day winning streak after the bourse's operator denied a possible stock trading link with China.
Singapore's Straits Times Index closed down 0.2 percent after Wednesday's fourth straight rise to 3,539.95, the highest level since December 2007.
Singapore Exchange shares fell 2.5 percent, from S$8.67, the highest level in more than four years hit in the previous session after it said it was not in the process of establishing a trading link with the Chinese stock market.
Speculation about the link had helped boost Singapore Exchange shares and Singapore-listed Chinese stocks.
Thai shares outperformed the region, with the benchmark SET index closing the day up 1.4 percent, led by index heavyweight energy shares. The biggest energy firm PTT surged 6.3 percent, the best single-day gain since December.
Oil rose more than 3 percent on Thursday, pushing Brent crude to a 2015 high above $63 per barrel on increasing evidence that U.S. production is peaking, balancing a market that has been in heavy oversupply for more than a year.
The Thai bourse said it brought in a net foreign inflow worth 3.9 billion baht ($120.37 million) on the day while fund flows to others in the region were mixed.
Indonesia reported net foreign selling worth 160.5 billion rupiah ($12.49 million), while Philippine posted net foreign selling of 1.89 billion pesos ($42.54 million). Foreign investors were net buyers of 172.4 million ringgit ($47.18 million) worth stocks in Malaysia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3531.61 3539.95 -0.24
Kuala Lumpur 1847.94 1840.13 +0.42
Bangkok 1570.00 1547.83 +1.43
Jakarta 5420.73 5414.55 +0.11
Manila 7948.20 7906.46 +0.53
Ho Chi Minh 568.28 564.50 +0.67