ASEAN KEY DESTINATIONS
23 February 2016
The Straits Times Index (STI) ended 13.11 points or 0.49% higher to 2673.76, taking the year-to-date performance to -7.25%.
The top active stocks today were DBS, which gained 0.51%, Global Logistic, which gained 0.86%, OCBC Bank, which gained 1.64%, SingTel, which gained closed unchanged and Wilmar Intl, with a 0.63% fall.
The FTSE ST Mid Cap Index gained 0.35%, while the FTSE ST Small Cap Index declined 28.11%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 1.80%. The two biggest stocks of the Index - Raffles Medical Group and Biosensors International Group- ended 2.35% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 34.23%. Keppel Corp shares gained 1.15% and Sembcorp Industries gained 1.48%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.57%)
STI ETF (+0.37%)
DBXT MSCI Indonesia ETF 10 (-2.20%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (-0.47%)
Ascendas REIT (+0.84%)
Capitacom Trust (+1.07%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161004 (+1.38%)
KepCorp MBeCW161212 (+2.27%)
KepCorp MB eCW161205 (+2.26%)
Singapore Stock Market
*ST Index 2,672.07 +11.42 2,660.65 +3.78
Volume: 1,368.3M 1,317.6M
Value: $1,290.2M $1,064.7M
Gainers/Losers: 212/165 234/132
Daily Market Commentary (Securities)
23 February 2016
The FBM KLCI index gained 2.69 points or 0.16% on Tuesday. The Finance Index increased 0.35% to 14056.61 points, the Properties Index up 0.18% to 1135.32 points and the Plantation Index rose 0.32% to 7882.8 points. The market traded within a range of 11.68 points between an intra-day high of 1685.88 and a low of 1674.20 during the session.
Actively traded stocks include APFT, SCOMI, JAG, SUMATEC, VIVOCOM, RGB, CLIQ-WA, SANICHI, TIGER-WC and HSI-C14. Trading volume increased to 1909.18 mil shares worth RM1801.65 mil as compared to Monday’s 1622.59 mil shares worth RM1642.96 mil.
Leading Movers were UMW (+11 sen to RM7.07), HLFG (+18 sen to RM14.14), CIMB (+5 sen to RM4.35), MAXIS (+7 sen to RM6.30) and BAT (+60 sen to RM56.00). Lagging Movers were MISC (-12 sen to RM8.64), ASTRO (-3 sen to RM2.65), PPB (-14 sen to RM15.90), GENM (-3 sen to RM4.36) and YTL (-1 sen to RM1.57). Market breadth was positive with 438 gainers as compared to 417 losers.
The KLCI extended its midday gains by ending higher at 1677.28 points amid overnight gains in US market, backed by a rise in oil prices. The performance of our local bourse was lifted by some of heavy weight counters, led by UMW Holdings.
Date As of: 23 February 2016
Description Volume Value Frequency
ETF 17,400 9,978,000 15
Stock 4,804,200,272 6,078,295,468,766 258,145
Warrant 42,786,009 3,899,611,555 201
Total 4,847,003,681 6,082,205,058,321 258,361
February 23, 2016
Thai bourse affirms capital market's strength on Thai Corporate Day 2016
BANGKOK, February 23, 2016 - The Stock Exchange of Thailand (SET) has joined hands with CIMB Securities (Thailand) Co., Ltd. to organize "SET-Thai Corporate Day 2016: Driving Economy with Sustainable Growth" from March 7-8, 2016 in Bangkok, with 50 Thai listed firms to present their strengths and potential growth to foreign institutional investors.
Representatives from the government sector will present the government's policies, aiming to give insights of Thailand's infrastructure and transportation development, creating more confidence on Thailand's economy as well as listed firms' potential.
SET President Kesara Manchusree said, "Foreign investors are interested to find more details on government's mega-infrastructure projects in which it will enhance Thai listed firm's investment opportunities in the region. SET Thai Corporate day 2016 is to accommodate global investors with an access to the Thai capital market investment. 50 Thai listed companies, both small and medium-sized, from various industries with combined market capitalization of THB 1.8 trillion (approx. USD 50 billion), or 14 percent of the total market value (as of February 19, 2016), will participate in the event to present their strengths and effectiveness to institutional investors in one-on-one meetings."
Suchai Sutasthumkul, Chief Executive Officer of CIMB Securities (Thailand) said,"Amid volatile global markets, Thailand stands out on the back of its economic recovery and more stable political environment. Despite strong regional headwinds, we believe there are several sectors, such as healthcare, tourism and infrastructure that will continue to perform well. The conference will feature various mid-sized companies with strong business models, which we believe will not only allow them to weather the tough global economic environment but also to capture more market share and become key players in their sectors. This is indeed the perfect opportunity for investors to explore these companies before they become crowded trades."
SET "Towards the 5th Decade of Sustainable Wealth for Thais"
As of 23 February 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,436.45 4,228.72 -792.27
Proprietary 6,260.28 5,329.56 930.72
Foreign 16,761.85 15,812.11 949.73
Individual 23,379.62 24,467.80 -1,088.18
Total Trading Value 49,838.20 M.Baht
Vietnam index hits six-week closing high in mixed trade
Vietnam's benchmark VN Index .VNI edged up 0.1 percent to end at 561.28, the highest closing level since Jan. 12, in mixed trade.
Vietcombank VCB.HM , the country's top lender by market value, rose 1.49 percent, followed by PetroVietnam Gas GAS.HM with a 0.93-percent gain despite falling global oil prices.
VietinBank CTG.HM dropped 0.58 percent while steel firm Hoa Phat Group HPG.HM stood flat despite upbeat earning results in 2015.
Here is a snapshot of the VN Index .VNI at the close
VN Index 561.28
PREV. CLOSE 560.71
% CHANGE +0.1%
SE Asia Stocks-Most up on inflows, earnings; Indonesia falls on bank selling
Most Southeast Asian stock markets posted modest gains on Tuesday, helped by foreign inflows and selective buying in a reporting season, but Indonesia hit a near three-week closing low after the government's downbeat view on interest rates.
Jakarta composite index .JKSE dropped 1.2 percent to 4,654.05, the lowest close since Feb. 3.
Banking stocks were actively traded, led by a 3.42 percent drop in Bank Rakyat Indonesia BBRI.JK , after the country's chief economic minister said the government has asked the central bank to consider rate cuts and help drive banks' lending rates lower.
Bank Mandiri BMRI.JK declined 1.6 percent before it reported after market close a slightly higher-than-expected net
profit for the fiscal year 2015.
Singapore's Straits Times Index .STI rose for a second day, up 0.4 percent at a near six-week closing peak. Shares of
DBS Group Holdings DBSM.SI , the most actively traded, was up 0.5 percent, reflecting strong results on Monday.
Malaysia .KLSE added 0.2 percent after a flat session the previous day and Thai stocks .SETI advanced 0.4 percent to around 2-1/2 month closing high, with foreigners buying a net 95 million ringgit ($22.6 million) and 950 million baht ($26.5 million), respectively.
The Philippines .PSI reversed Monday's weak session and Vietnam .VNI posted a fourth straight gain to the highest
since Jan. 12.
Investors in most part remained cautious, with Malaysia and the Philippines seeing trading volumes below a 30-day average, as a retreat in global oil prices capped risk appetite in Asia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2672.07 2660.65 +0.43
Kuala Lumpur 1677.28 1674.59 +0.16
Bangkok 1325.79 1320.19 +0.42
Jakarta 4654.05 4708.62 -1.16
Manila 6819.34 6783.08 +0.53
Ho Chi Minh 561.28 560.71 +0.10