ASEAN KEY DESTINATIONS
22 December 2015
The Straits Times Index (STI) ended 7.42 points or 0.26% higher to 2852.97, taking the year-to-date performance to -15.22%.
The top active stocks today were SingTel, which declined 0.27%, Global Logistic, which declined 0.96%, DBS, which gained 0.12%, UOB, which closed unchanged and OCBC Bank, with a 0.34% fall.
The FTSE ST Mid Cap Index gained 0.04%, while the FTSE ST Small Cap Index rose 0.54%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 2.93%. The two biggest stocks of the Index - Midas Holdings and NSL – ended 3.64% higher and 1.70% lower respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 0.87%. Silverlake Axis shares declined 0.73% and CSE Global declined 1.10%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Spdr Gold Shares (+0.52%)
Nikko Am Singapore Sti Etf (unchanged)
Sti Etf (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (-0.88%)
Suntec Reit (-2.22%)
Capitamall Trust (-1.03%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MB eCW160902 (-2.22%)
DBS MB EPW160404 (unchanged)
OCBC Bk MBePW160510 (unchanged)
Singapore Stock Market
*ST Index 2,852.97 +7.42 2,845.55 -7.29
Volume: 1,208M 911.1M
Value: $664.3M $626.1M
Gainers/Losers: 223/159 205/171
Daily Market Commentary (Securities)
22 December 2015
The FBM KLCI index gained 14.17 points or 0.87% on Tuesday. The Finance Index increased 0.63% to 13983.41 points, the Properties Index dropped 0.05% to 1167.99 points and the Plantation Index rose 0.29% to 7374.24 points. The market traded within a range of 12.29 points between an intra-day high of 1643.26 and a low of 1630.97 during the session.
Actively traded stocks include SMTRACK, GREENYB, XOX, SUPERMX-C8, PWORTH, K1, EMICO, EDEN, OCK-WA and APFT. Trading volume decreased to 1623.84 mil shares worth RM1576.38 mil as compared to Monday’s 1829.57 mil shares worth RM1571.71 mil.
Leading Movers were AXIATA (+22 sen to RM6.20), ASTRO (+8 sen to RM2.62), HLBANK (+30 sen to RM13.52), IHH (+14 sen to RM6.39) and PETCHEM (+13 sen to RM7.07). Lagging Movers were KLCC (-6 sen to RM7.01), PETGAS (-10 sen to RM21.80) and IOICORP (-1 sen to RM4.17). Market breadth was positive with 470 gainers as compared to 353 losers.
The KLCI extended its mid-day gains by ending higher at 1643.26 points, tracking the positive performance in Wall Street overnight. The performance of our benchmark index was lifted by bargain-hunting activities.
Date As of: 22 December 2015
Description Volume Value Frequency
ETF 1,000 415,600 03
Stock 11,275,355,945 6,124,686,947,039 195,484
Warrant 12,258,900 259,515,900 630
Total 11,287,615,845 6,124,946,878,539 196,117
December 22, 2015
Thai bourse to list "MIT" first REIT investing in foreign assets, on December 23
BANGKOK, December 22, 2015 - The Stock Exchange of Thailand (SET) will list MFC Industrial Real Estate Investment Trust worth THB 975 million (approximately USD 27.1 million) on its main board on December 23, under the ticker symbol "MIT," as the first REIT to invest in foreign assets.
SET Executive Vice President Santi Kiranand said that MIT would list and start trading on the Thai bourse's Property & Construction industry group, Property Fund & REITs sector, on December 23. MIT offered 97.5 million units via an initial public offering (IPO) at THB 10.00 per unit during November 17-December 8, 2015 with total value of THB 975 million. MIT was managed by MFC Asset Management pcl. Its trustee was One Asset Management Limited, while Asia Plus Advisory Co., Ltd. was its financial advisor.
MIT has invested in 100-percent common shares of APUK Co., Ltd., registered in Guernsey (part of the British Empire), owning the warehouse real estate operated as data center located in Anchorage Point industrial estate near London,
England. Its total rental area was 1,342 square meters and has been solely leased to the tenant named BIS Co., Ltd. (BIS), a company specialized in information management, for 17 years and six months (until February 17, 2033).
MFC Managing Director Prapa Puranachote said that MIT had invested in the warehouse operated as data center, located in central London, a strategic location for industrial and retail trading and had a long-term lease contract with capable tenant. Considering the location and the rising demand for data centers and backup sites for business operation, MIT would be another choice that could provide good returns for the trust unit holders in the long run.
MIT's dividend policy is to allocate the returns from investment in APUK Co., Ltd. to pay at least once a year at no less than 90 percent of the adjusted net profit of its financial year. MIT's three major unit holders after its IPO are Country Group Development pcl. (20.84 percent), Country Group Holdings pcl (6.15 percent) and Padaeng Industry Private Fund by MFC Asset Management pcl (6.15 percent).
For more information, please see MIT's prospectus at the Securities and Exchange Commission's website at www.sec.or.th , and www.mfcfund.com, as well as general information on SET's website at www.set.or.th .
As of 22 December 2015 Unit: M.Baht
Type Buy Sell Net
Institution 6,468.19 2,893.43 3,574.76
Proprietary 5,713.01 6,101.74 -388.72
Foreign 12,046.97 17,978.41 -5,931.44
Individual 31,710.29 28,964.89 2,745.40
Total Trading Value 55,938.47 M.Baht
Vietnam index ends 0.1 pct lower in mixed trade
Vietnam's benchmark VN Index .VNI edged down 0.1 percent at the close on Tuesday, the third loss in a row, with shares moving mixed in volatile trade.
Lender BIDV BID.HM rose 0.97 percent while Vietcombank VCB.HM , the country's top lender by market value, and dairy products maker Vinamilk VNM.HM stood unchanged.
Technology firm FPT Corp FPT.HM dropped 0.82 percent despite upbeat results for the first 11 months of the year.
The firm reported that January-November pre-tax profit rose 7 percent from a year ago to 2.44 trillion dong ($108 million), according to a company statement.
As many as 84.5 million shares changed hands, the lowest since Dec. 7, Reuters data showed.
Following is a snapshot of the VN Index .VNI at the close .
VN Index 566.35
PREV. CLOSE 566.90
% CHANGE -0.1%
SE Asia Stocks-S'pore, Malaysia rebound; Thai stocks fall on foreign selling
Most Southeast Asian stock markets rose on Tuesday, with key indexes in Singapore and Malaysia snapping a two-session losing streak amid gains in select energy and telecoms shares, but the Thai benchmark extended losses to a near two-year closing low.
Singapore's key index .STI added 0.3 percent amid active buying in Sembcorp Marine SCMN.SI with a recovery in oil prices. The Malaysian index .KLSE advanced 0.9 percent amid active buying in Axiata Group AXIA.KL after an acquisition plan.
A tepid recovery in oil prices from 11-year lows also lifted world stock markets on Tuesday.
The broader SET index .SETI fell for a third session, down 0.2 percent at 1,261.66, the lowest close since January 2014. Foreign investors offloaded a net 5.9 billion baht ($163.62 million) of equities, their 12th straight session of selling, exchange data showed.
Late selling hit Thai banking shares such as Kasikornbank KBANK.BK , while telecoms shares including Jasmine International JAS.BK fell further amid concerns related to high bidding prices of the fourth-generation spectrum licences.
The Philippine index .PSI hit a near three-week closing high, while Indonesia .JKSE rose for a second day, with trading volumes below the 30-day average in a holiday-shortened trading week. Vietnam .VNI was a tad lower, erasing early gains.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2852.97 2845.55 +0.26
Kuala Lumpur 1643.26 1629.09 +0.87
Bangkok 1261.66 1264.44 -0.22
Jakarta 4517.57 4490.68 +0.60
Manila 6966.18 6910.34 +0.81
Ho Chi Minh 566.35 566.90 -0.10