ASEAN KEY DESTINATIONS
21 December 2015
The Straits Times Index (STI) ended 7.29 points or 0.26% lower to 2845.55, taking the year-to-date performance to -15.44%.
The top active stocks today were SingTel, which declined 2.39%, DBS, which closed unchanged, UOB, which gained 0.73%, Global Logistic, which gained 1.46% and OCBC Bank, with a 0.81% advance.
The FTSE ST Mid Cap Index gained 0.46%, while the FTSE ST Small Cap Index rose 0.30%.
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 0.78%. The two biggest stocks of the Index - Wilmar International and Thai Beverage – remained unchanged and ended 1.46% lower respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 2.13%. SingTel shares declined 2.39% and StarHub declined 0.28%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Is Msci India 100 (+0.30%)
Sti Etf (+0.35%)
Lyxor China H 10 (+3.31%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (-1.73%)
Capitamall Trust (-0.51%)
Capitacom Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160704 (-0.89%)
UOB MB eCW160704 (+5.69%)
DBS MB eCW160215 (+0.86%)
Singapore Stock Market
*ST Index 2,845.55 -7.29 2,852.84 -8.34
Volume: 911.1M 824.4M
Value: $626.1M $924.3M
Gainers/Losers: 205/171 177/213
Daily Market Commentary (Securities)
21 December 2015
The FBM KLCI index lost 14.81 points or 0.90% on Monday. The Finance Index fell 1.03% to 13895.35 points, the Properties Index dropped 0.46% to 1168.56 points and the Plantation Index down 0.83% to 7352.66 points. The market traded within a range of 14.29 points between an intra-day high of 1641.92 and a low of 1627.63 during the session.
Actively traded stocks include COMCORP, EMICO, SUPERMX-C8, RGB, CAP, INSTACO, RSENA-WA, SYF, GSB and COMFORT. Trading volume increased to 1829.57 mil shares worth RM1571.71 mil as compared to Friday’s 1743.21 mil shares worth RM2155.09 mil.
Leading Movers were KLCC (+11 sen to RM7.07), GENTING (+4 sen to RM7.04) and TM (-1 sen to RM6.51). Lagging Movers were SKPETRO (-9 sen to RM1.69), BAT (-152 sen to RM53.48), AMMB (-12 sen to RM4.28), KLK (-58 sen to RM22.50) and CIMB (-11 sen to RM4.44). Market breadth was negative with 352 gainers as compared to 521 losers.
The KLCI declined to start the week lower at 1629.09 points amid losses in Wall Street on last Friday as oil prices continued to slide. Market breadth was negative as investors were cautious on absence of fresh positive leads.
Date As of: 21 December 2015
Description Volume Value Frequency
ETF 2,900 2,376,200 03
Stock 6,277,497,026 4,837,595,747,746 168,212
Warrant 17,085,398 1,788,310,683 691
Total 6,294,585,324 4,839,386,434,629 168,906
Thai bourse to list "LHHOTEL," on December 22
BANGKOK, December 21, 2015 - The Stock Exchange of Thailand (SET) will list LH Hotel Leasehold Real Estate Investment Trust worth THB 3.14 billion (approx. USD 87.6 million) on its main board on December 22, under the ticker symbol "LHHOTEL," as the first REIT investing in hotel.
SET Executive Vice President Santi Kiranand said that LHHOTEL would list and start trading on the Thai bourse's Property & Construction industry group, Property Fund & REITs sector, on December 22. LHHOTEL offered 313.66 million units via an initial public offering (IPO) at THB 10.00 per unit during November 27-December 9, with total value of THB 3.14 billion. LHHOTEL was managed by Land and Houses Fund Management Co., Ltd. Its trustee was SCB Asset Management Co., Ltd., while Siam Commercial Bank pcl was its financial advisor and underwriter.
LHHOTEL has invested in the leasehold rights in Grande Centre Point Terminal 21 hotel, in central Bangkok, with more than 85 percent occupancy rate, for 25 years (until end of August 2040) and the ownership in the movable properties in hotel owned by L&H Property Co., Ltd., a subsidiary of Land and Houses pcl (LH).
LHHOTEL has also been granted permission to use the connecting area between BTS sky train at Asoke station and Terminal 21 shopping center.
Land and Houses Fund Management Co., Ltd. President Chantana Kanchanagama said LHHOTEL has invested in Grande Centre Point Terminal 21 hotel, a modern hotel located on Asoke-Sukhumvit intersection, a prime location in Bangkok connecting to a shopping mall and a main junction between the BTS skytrain and the MRT
subway stations, resulting to high growth opportunities on the occupancy rate and revenues. LHHOTEL would be able to gain both fixed and variable income according to the agreement with the sub-tenants and managed by Pacific Real Estate Co., Ltd., LH's subsidiary, as such LHHOTEL could provide good returns for the trust unit holders in the long run.
LHHOTEL's dividend policy is to pay at least twice a year at no less than 90 percent of the adjusted net profit of its financial year. LHHOTEL's three major unit holders after its IPO are Pacific Real Estate Co., Ltd. (9 percent), GIC Private Limited (6 percent) and Peera Patamavorakulchai (3.19 percent).
For more information, please see LHHOTEL's prospectus at the Securities and Exchange Commission's website at www.sec.or.th , and www.lhhotelreit.com, as well as general information on SET's website at www.set.or.th
SET "Towards the 5th Decade of Sustainable Wealth for Thais"
As of 21 December 2015 Unit: M.Baht
Type Buy Sell Net
Institution 5,773.16 10,806.14 -5,032.98
Proprietary 7,141.10 5,298.42 1,842.69
Foreign 11,300.09 15,955.07 -4,654.99
Individual 37,250.81 29,405.54 7,845.28
Total Trading Value 61,465.16 M.Baht
Vietnam index dips 0.2 pct, blue chips fall on foreign selling
Vietnam's VN Index .VNI fell for a second straight session and closed 0.23 percent lower in thin trade on Monday, with most blue chips and several banks losing ground due to foreign selling.
Dairy product maker Vinamilk VNM.HM , the country's top listed firm by market value, fell 2.34 percent, while PetroVietnam Gas GAS.HM ended 2.39 percent lower.
Hanoi-based lender BIDV BID.HM lost 2.82 percent, Eximbank EIB.HM dropped 1.77 percent and Sacombank STB.HM ended down 0.85 percent.
Foreign investors have sold a net 2.2 trillion dong ($97.6 million) worth of equities so far this month, extending their net selling position to a second month, according to data from the exchange.
A total of 125.67 million shares changed hands, compared with the five-day average of 132.4 million shares.
The index, Southeast Asia's best performer so far this year, has lost 1.1 percent so far this month.
Here is a snapshot of the VN Index .VNI at the close
VN Index 566.90
PREV. CLOSE 568.18
% CHANGE -0.23%
SE Asia Stocks-Most down; Thai index near 2-yr low on telecoms shares
Most Southeast Asian stock markets fell on Monday in thin trading volume amid foreign investors-led selling, with the Thai benchmark extending losses to a near two-year low due to selloffs in telecoms shares.
Thai SET index .SETI ended down 1.6 percent at 1,264.44, the lowest close since Jan 30, 2014.
Shares of telecoms firms dived after the auction of two 4G spectrum licences ended at the weekend at high prices, spurring concerns over future costs and competition. urn:newsml:reuters.com:*:nL3N14752C
Advanced Info Services ADVANC.BK sank 19 percent and Total Access Communication DTAC.BK plunged 27 percent, both companies losing out in the bidding battle. Jasmine International JAS.BK , among winners, dropped 23 percent.
Foreign investors sold a net 4.65 billion baht ($128.74 million) worth equities, their 11th straight session of offloading.
Malaysia's index .KLSE was down 0.9 percent, with foreign investors selling a net 200 million ringgit ($46.54 million).
Vietnam's VN Index .VNI fell for a second straight session, with most blue chips and several banks losing ground due to foreign selling.
Trading volumes in the region fell below average daily volumes over the past 30 days ahead of public holidays later in the week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2845.55 2852.84 -0.26
Kuala Lumpur 1629.09 1643.90 -0.90
Bangkok 1264.44 1284.92 -1.59
Jakarta 4490.68 4468.65 +0.49
Manila 6910.34 6867.07 +0.63
Ho Chi Minh 566.90 568.18 -0.23