ASEAN KEY DESTINATIONS
11 August 2016
The Straits Times Index (STI) ended 5.75 points or 0.20% lower to 2869.82, taking the year-to-date performance to -0.45%.
The top active stocks today were Singtel, which gained 1.67%, UOB, which declined 1.00%, DBS, which declined 0.20%, OCBC Bank, which declined 0.24% and Sembcorp Marine, with a 5.39% advance.
The FTSE ST Mid Cap Index gained 0.09%, while the FTSE ST Small Cap Index rose 0.46%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 2.01%. The two biggest stocks of the Index - Midas Holdings and Geo Energy Resources - ended 4.26% higher and 1.91% higher respectively.
The underperforming sector was the FTSE ST Real Estate Holding and Development Index, which slipped 0.92%. Hongkong Land Holdings shares declined 1.21% and Global Logistic Properties declined 0.76%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
SPDR Gold Shares (-0.61%)
DBXT FTSE Vietnam ETF (+1.71%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.41%)
CapitaLand Mall Trust (unchanged)
CapitaLand Commercial Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+2.00%)
UOB MB eCW170201 (-8.43%)
DBS MB ePW170201 (-1.49%)
Singapore Stock Market
*ST Index 2,869.82 -5.75 2,875.57 +4.79
Volume: 1,007M 886M
Value: $1,021.3M $1,229.7M
Gainers/Losers: 207/175 202/203
Daily Market Commentary (Securities)
11 August 2016
The FBM KLCI index gained 5.77 points or 0.34% on Thursday. The Finance Index increased 0.89% to 14453.41 points, the Properties Index dropped 0.25% to 1175.17 points and the Plantation Index rose 0.47% to 7673.64 points. The market traded within a range of 8.17 points between an intra-day high of 1678.80 and a low of 1670.63 during the session.
Actively traded stocks include THHEAVY, MBSB, HWGB, HSSEB, PDZ, XDL, AAX, M3TECH, AAX-WA and RCECAP. Trading volume decreased to 1852.65 mil shares worth RM1663.16 mil as compared to Wednesday’s 2370.43 mil shares worth RM1756.04 mil.
Leading Movers were CIMB (+11 sen to RM4.60), HLFG (+24 sen to RM16.12), MISC (+8 sen to RM7.68), GENM (+3 sen to RM4.39) and MAYBANK (+5 sen to RM8.00). Lagging Movers were MAXIS (-9 sen to RM6.25), AMMB (-3 sen to RM4.40), GENTING (-5 sen to RM8.24) and ASTRO (-1 sen to RM2.96). Market breadth was positive with 416 gainers as compared to 381 losers.
The day ended with the KLCI closing higher at 1678.80 points despite overnight losses in US market following lower oil prices. The performance of our local bourse was lifted by buying interest in heavy weight counters, led by CIMB.
Date As of: 11 August 2016
Description Volume Value Frequency
ETF 3,500 1,484,700 07
Stock 10,540,568,661 8,052,924,629,690 344,675
Warrant 25,117,009 1,928,371,996 682
Total 10,565,689,170 8,054,854,486,386 345,364
As of 11 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 9,291.11 10,305.06 -1,013.95
Proprietary 7,974.61 7,726.91 247.71
Foreign 20,670.43 16,114.42 4,556.01
Individual 39,059.20 42,848.96 -3,789.76
Total Trading Value 76,995.35 M.Baht
SE Asia Stocks-Vietnam rallies; Malaysia up on positive industrial data
Vietnam shares .VNI rallied on Thursday, outperforming the region to post their fourth consecutive session of gains, as jumps in large-cap companies buoyed up sentiment, while Malaysian stocks hit a more-than-three-month high on positive industrial production data.
Big sell-offs in Vietnam in the past few weeks, driven mostly by margin selling, has been followed by re-focussing of buyers into a handful of stocks, said Fiachra MacCana, head of research, Ho Chi Minh Securities.
Financials and consumer staples drove gains on the Vietnam bourse. Dairy producer Vinamilk VNM.HM , Vietnam's biggest-listed firm by market value, rose 3.05 percent, while the country's biggest lender by market capitalisation Vietcombank VCB.HM gained 4.6 percent.
"The money is returning to the basic stocks and large caps accompanied by increased trading volume," BIDV Securities Company said in a note.
"However, given the lower-than-average volumes, very narrow focus of buying, lack of resolution in some ongoing stock-specific governance issues, and the still rather high margin lending balances, we expect this rally to be fairly short-lived," added MacCana.
Malaysian stocks .KLSE gained 0.34 percent to its highest close since April 27, fuelled by the country's June industrial production data.
Factory output rose 5.3 percent from a year earlier, due to strength in the mining, manufacturing, and electricity sectors, government data showed.
Malaysia's second-quarter gross domestic product figures are expected on Friday.
Thai shares .SETI inched higher as the country's central bank international reserves rose to $182.5 billion.
The central bank and finance ministry have predicted higher growth in the second quarter compared with the first.
Philippine shares .PSI slipped 0.8 percent for the second consecutive session, dragged down by financial stocks, such as
GT Capital Holdings Inc GTCAP.PS and investment holding company Metro Pacific Investments Corp MPI.PS .
The Philippine central bank left its benchmark interest rate at 3 percent, lowered its forecasts for 2016 and 2017 average
Singapore .STI and Indonesia .JKSE closed marginally down.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2869.82 2875.57 -0.20
Bangkok 1551.29 1548.13 0.20
Manila 7981.35 8051.4 -0.87
Jakarta 5419.088 5423.949 -0.09
Kuala Lumpur 1678.8 1673.03 0.34
Ho Chi Minh 660.24 648.33 1.84
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.