ASEAN KEY DESTINATIONS
24 February 2016
The Straits Times Index (STI) ended 52.11 points or 1.95% lower to 2619.96, taking the year-to-date performance to -9.12%.
The top active stocks today were DBS, which declined 2.12%, OUE Com Reit, which gained 3.88%, SingTel, which declined 2.15%, UOB, which declined 1.85% and JMH USD, with a 0.26% advance.
The FTSE ST Mid Cap Index declined 0.62%, while the FTSE ST Small Cap Index declined 0.68%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 0.75%. The two biggest stocks of the Index - Midas Holdings and Geo Energy Resources- ended 1.92% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 3.95%. Keppel Corp shares declined 4.18% and Sembcorp Industries declined 4.02%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.73%)
STI ETF (-2.23%)
DBXT MSCI China Trn ETF 10 (-1.47%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Oue Com REIT (+3.88%)
Ascendas REIT (-2.91%)
Capitamall Trust (-2.37%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161004 (-10.88%)
UOB MB eCW160705 (-12.50%)
KepCorp MB eCW161205 (-9.95%)
Singapore Stock Market
*ST Index 2,619.96 -52.11 2,672.07 +11.42
Volume: 1,298.7M 1,368.3M
Value: $1,573.7M $1,290.2M
Gainers/Losers: 127/255 212/165
Daily Market Commentary (Securities)
24 February 2016
The FBM KLCI index lost 13.11 points or 0.78% on Wednesday. The Finance Index fell 0.42% to 13998.12 points, the Properties Index dropped 0.80% to 1126.27 points and the Plantation Index rose 0.26% to 7903.06 points. The market traded within a range of 13.07 points between an intra-day high of 1677.24 and a low of 1664.17 during the session.
Actively traded stocks include PUC-WB, APFT, PUC, HUBLINE, TIGER, CLIQ-WA, NEXGRAM, XOX, HSI-HQ and KNM. Trading volume decreased to 1525.56 mil shares worth RM1509.76 mil as compared to Tuesday’s 1909.18 mil shares worth RM1801.65 mil.
Leading Movers were KLK (+28 sen to RM24.48), PPB (+18 sen to RM16.08), IOICORP (+2 sen to RM4.74), ASTRO (+1 sen to RM2.66) and HLBANK (+4 sen to RM13.12). Lagging Movers were SKPETRO (-9 sen to RM1.90), SIME (-32 sen to RM7.64), GENM (-16 sen to RM4.20), GENTING (-24 sen to RM7.86) and UMW (-17 sen to RM6.90). Market breadth was negative with 229 gainers as compared to 601 losers.
The day ended with the KLCI closing lower at 1664.17 points. The performance of our benchmark index was in line with overnight losses in Wall Street, hurt by pressure from a renewed drop in oil prices.
Date As of: 24 February 2016
Description Volume Value Frequency
ETF 29,300 19,080,100 20
Stock 4,306,722,325 5,257,718,503,357 218,515
Warrant 3,856,100 191,954,900 332
Total 4,310,607,725 5,257,929,538,357 218,867
As of 24 February 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,083.32 2,994.38 1,088.94
Proprietary 5,760.49 5,833.78 -73.29
Foreign 12,774.67 11,412.10 1,362.57
Individual 20,730.61 23,108.83 -2,378.22
Total Trading Value 43,349.09 M.Baht
Vietnam index ends up 1.2 pct, banks lead
Vietnam's benchmark VN Index .VNI rose for a fifth straight session on Wednesday, led by banking shares on a report on the possible easing of lending policy.
Over 80 percent of banking shares rallied, with Vietcombank VCB.HM advancing 3.17 percent and VietinBank CTG.HM jumping 6.43 percent.
The index, Southeast Asia's best performer last year, has gained 2.5 percent so far this week, compared with a 1.7 percent rise in the previous week.
Here is a snapshot of the VN Index .VNI at the close
VN Index 568.04
PREV. CLOSE 561.28
% CHANGE +1.2%
SE Asia Stocks-Singapore leads regional decline; oil dents sentiment
Southeast Asian stock markets ended mixed on Wednesday, with the Singapore benchmark suffering
its worst drop in more than a month after the release of fourth-quarter economic data, while volatility in global oil
prices dented risk sentiment in Asia.
The Straits Times Index .STI dropped 1.95 percent, its biggest single-day loss since Jan. 20, after
better-than-expected economic growth in the fourth quarter, but the key manufacturing sector showed signs of weakness.
Malaysia .KLSE hit an over-one-week closing low after the inflation rate in January surged to its fastest level in nearly two years. The Philippines .PSI retreated after weak import data in December and ahead of a public holiday on Thursday.
Bangkok's SET index .SETI closed at a near-three-month peak, Jakarta's composite index .JKSE edged slightly higher and Vietnam .VNI climbed 1.2 percent.
Foreign investors sold shares in most markets, led by a net 343 billion rupiah ($25.59 million) worth of Indonesian stocks.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2619.96 2672.07 -1.95
Kuala Lumpur 1664.17 1677.28 -0.78
Bangkok 1331.93 1325.79 +0.46
Jakarta 4657.72 4654.05 +0.08
Manila 6769.26 6819.34 -0.73
Ho Chi Minh 568.04 561.28 +1.20