ASEAN KEY DESTINATIONS
01 December 2015
The Straits Times Index (STI) ended 14.32 points or 0.5% higher to 2870.26, taking the year-to-date performance to -14.71%.
The top active stocks today were Hongkong Land, which gained 0.86%, DBS, which gained 0.30%, SingTel, which closed unchanged, OCBC Bank, which closed unchanged and Global Logistic, with a 2.54% advance.
The FTSE ST Mid Cap Index gained 0.68%, while the FTSE ST Small Cap Index rose 0.40%.
The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index, which rose 1.49%. The two biggest stocks of the Index - CapitaMall Trust and Ascendas REIT – ended 2.89% higher and 2.09% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.29%. Midas Holdings shares declined 1.64% and NSL rose 2.10%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Is Msci India 100 (-0.60%)
Spdr Gold Shares (+1.20%)
Sti Etf (+0.34%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (+2.09%)
Capitacom Trust (+2.29%)
Capitamall Trust (+2.89%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160404 (+3.23%)
KepCorp MBeCW160222 (-2.30%)
Singapore Stock Market
*ST Index 2,870.26 +14.32 2,855.94 -3.18
Volume: 994M 1,426.4M
Value: $1,021.2M $1,673M
Gainers/Losers: 219/150 166/225
Daily Market Commentary (Securities)
01 December 2015
The FBM KLCI index gained 10.21 points or 0.61% on Tuesday. The Finance Index increased 0.71% to 14200.63 points, the Properties Index up 0.41% to 1191.18 points and the Plantation Index down 0.38% to 7567.65 points. The market traded within a range of 15.21 points between an intra-day high of 1682.37 and a low of 1667.16 during the session.
Actively traded stocks include UTOPIA, BORNOIL-WC, XOX, CSL, INSTACO, WINTONI, KTC, BORNOIL, FRONTKN and RGB. Trading volume decreased to 2307.39 mil shares worth RM2347.66 mil as compared to Monday’s 2507.60 mil shares worth RM3786.34 mil.
Leading Movers were SKPETRO (+10 sen to RM2.24), MAXIS (+30 sen to RM6.86), RHBCAP (+22 sen to RM5.78), AMMB (+13 sen to RM4.72) and ASTRO (+5 sen to RM2.90). Lagging Movers were WPRTS (-11 sen to RM4.19), YTL (-4 sen to RM1.54), HLBANK (-20 sen to RM13.36), HLFG (-10 sen to RM13.90) and KLK (-16 sen to RM22.78). Market breadth was positive with 549 gainers as compared to 350 losers.
The KLCI extended its midday gains by ending higher at 1682.37 points despite negative performance in Wall Street overnight. Our local bourse advanced on bargain hunting.
Date As of: 01 December 2015
Description Volume Value Frequency
ETF 1,900 1,058,300 08
Stock 4,311,671,930 5,794,011,828,531 254,979
Warrant 4,507,300 46,762,100 307
Total 4,316,181,130 5,794,059,648,931 255,294
Thai alternative bourse to list T.A.C. Consumer (TACC) on December 2
BANGKOK, December 1, 2015 - Market for Alternative Investment (mai) will list T.A.C. Consumer pcl, the leading beverage dispenser producer for 7-Eleven convenient store chain, on December 2, under the ticker symbol "TACC". The company has a market capitalization at its initial public offering (IPO) of THB 1.75 billion (approx. USD 48.6 million).
mai President Prapan Charoenprawatt said that TACC would list and start trading on mai in the Agro & Food Industry group. The company's core business was producer of tea, coffee via beverage dispensers, a joint project with CP ALL pcl, for 7-Eleven, as well as selling own brands named "Zenya" ready-to-drink green tea, "Vslim" functional coffee, and instant powder drink mix called "Sha Sha", "Na-Arun" and "Sawasdee" through domestic and overseas distribution channels.
TACC has a paid-up registered capital of THB 152 million, consisting of 440 million existing common shares and 168 million newly issued shares, with a par value of THB 0.25 each. During November 25-27, it offered 9 million newly issued shares to executives, directors and employees, and 159 million shares to the general public via IPO, at THB 2.88 each, for a total of THB 483.84 million.
Finansia Syrus Securities pcl was the financial advisor and underwriter.
TACC Chairman of the Executive Committee Chatchawe Vatanasuk said that TAAC has been a key strategic partner with CP All pcl for more than 12 years, continuously conducting marketing research and product development, thus could finally gain number one market share for beverages from dispenser category among other competing brands in 7-eleven stores nationwide. The fund raised would be used to invest in beverage vending machines in 1,500 convenient stores by 2017, as well as for working capital to strengthen and grow its business sustainably.
TACC's three major shareholders after the IPO are Chatchawe Vatanasuk Group (29.44 percent), Thanutum Kiatphaibool (18.01 percent), and Chaiyachet Sivaleepunth Group (6.02 percent). The IPO price was equivalent to
price-to-earnings ratio (P/E ratio) of 23.19 times calculated by using the company's net profit in the past four quarters (October 1, 2014-September 30, 2015) which was THB 75.52 million, divided by fully diluted shares, representing earnings per share of THB 0.12. TACC's dividend policy is to pay no less than 30 percent of net profits (from the separate financial statement) after taxes and reserves.
For more information on TACC, please see the company's prospectus at the Securities and Exchange Commission's website at www.sec.or.th and generalinformation at the company's website at www.tacconsumer.com , as well as
As of 1 December 2015 Unit: M.Baht
Type Buy Sell Net
Institution 3,202.46 3,037.96 164.51
Proprietary 3,614.03 3,311.66 302.37
Foreign 10,529.40 10,900.37 -370.96
Individual 16,203.67 16,299.59 -95.92
Total Trading Value 33,549.57 M.Baht
Vietnam index ends down 0.5 pct after downbeat PMI
Vietnam's benchmark VN Index .VNI closed down 0.49 percent on Tuesday, after hitting an eight-week low the previous day, with most blue chips losing ground following the country's downbeat Purchasing Managers' Index (PMI).
Vietnam's PMI slipped to 49.4 in November, pointing to a deterioration in business conditions at Vietnamese manufacturing firms.
Dairy products maker Vinamilk VNM.HM , the country's biggest firm by market value, led the fall with a 1.61-percent drop, followed by Vietcombank VCB.HM that declined 1.86 percent.
As many as 116.02 million shares changed hand, far below the five-day average of 138.6 million.
Here is a snapshot of the VN Index .VNI at the close
VN Index 570.41
PREV. CLOSE 573.20
% CHANGE -0.49%
SE Asia Stocks-Most up; Thai SET lags on outflows
Most Southeast Asian stock markets rose on Tuesday amid mixed fund flows and short-covering activities, but the Thai benchmark index extended losses for a sixth session due to extensive foreign selling.
The Thai SET index .SETI ended the day 0.2 percent lower, taking the fall since Nov. 24 to almost 3 percent. Foreign investors sold a net 5.6 billion baht ($156.42 million) in six successive sessions.
Weak global oil prices hit shares of the country's biggest oil and gas firm, PTT PTT.BK , while retailer CP All CPALL.BK , which is among the stocks removed from MSCI's index in a semi annual review, earlier fell to a more than three-month low.
Indonesia was an outperformer on the day after data released early on Tuesday showed the country's annual inflation rate eased significantly in November as the base for comparison was high due to an oil price hike a year earlier.
The Jakarta composite index .JKSE jumped 2.5 percent, recouping the losses on Monday. Domestic investors bought shares while foreign investors sold a net 256 billion rupiah ($18.58 million).
Stocks in the Philippines .PSI gained nearly 2 percent, while Malaysia .KLSE ended a three-session losing streak. The Philippines and Malaysia saw net foreign buying of 609 million peso ($12.92 million) and 126 million ringgit ($29.79 million), respectively.
Singapore .STI rebounded 0.5 percent, while Vietnam .VNI posted a fourth straight loss, with most blue chips losing ground following the country's downbeat Purchasing Managers' Index (PMI).
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2870.26 2855.94 +0.50
Kuala Lumpur 1682.37 1672.16 +0.61
Bangkok 1357.01 1359.70 -0.20
Jakarta 4557.67 4446.46 +2.50
Manila 7060.60 6927.07 +1.93
Ho Chi Minh 570.41 573.20 -0.49