ASEAN KEY DESTINATIONS
23 January 2015
The Straits Times Index (STI) ended +41.21 points higher or +1.22% to 3411.5, taking the year-to-date performance to +1.38%.
The FTSE ST Mid Cap Index gained +0.97% while the FTSE ST Small Cap Index gained +0.23%. The top active stocks were CapitaLand (+4.09%), DBS (+0.80%), SingTel (+0.76%), UOB (+0.72%) and Noble (-0.47%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+2.31%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (+1.18%) and Global Logistic Properties (+1.57%). The underperforming sector was the FTSE ST Oil & Gas Index, which gained +0.16% with Keppel Corp’s share price unchanged and Sembcorp Industries’s share price declining +0.93%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+0.77%), IS MSCI India (+1.89%), DBXT MSCI Asia Ex Japan ETF (+1.57%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCom Trust (+1.05%), Ascendas REIT (+1.98%), CapitaMall Trust (+1.81%).
The most active index warrants by value today were HSI25000MBeCW150330 (unchanged), HSI24200MBeCW150226 (+22.64), HSI24400MBePW150330 (unchanged).
The most active stock warrants by value today were DBS MB eCW150602 (+10.10), CapitalaMBeCW150803 (+19.72%), SGX MB eCW150803 (+2.63).
Singapore Stock Market
*ST Index 3,411.5 +41.21 3,370.29 +15.83
Volume: 1,800.8M 1,645M
Value: $1,574.8M $1,291.6M
Gainers/Losers: 324/167 295/146
Daily Market Commentary (Securities)
23 Jan 2015
The FBM KLCI index gained 21.33 points or 1.20% on Friday. The Finance Index increased 0.69% to 15676.29 points, the Properties Index dropped 0.37% to 1310.5 points and the Plantation Index rose 0.14% to 7932.09 points. The market traded within a range of 20.55 points between an intra-day high of 1809.33 and a low of 1788.78 during the session.
Actively traded stocks include KNM, SYSTECH, SANICHI, TMS, HUBLINE, SUMATEC, NOVAMSC, TAKASO, DNEX and DAYA. Trading volume increased to 2613.12 mil shares worth RM3134.48 mil as compared to Thursday’s 2578.48 mil shares worth RM2865.52 mil.
Leading Movers were PETCHEM (+22 sen to RM5.51), PETDAG (+68 sen to RM17.18), TENAGA (+58 sen to RM15.10), IHH (+16 sen to RM5.21) and HLFG (+42 sen to RM17.76). Lagging Movers were CIMB (-15 sen to RM5.50), GENM (-4 sen to RM3.91) and KLK (-4 sen to RM22.90). Market breadth was positive with 535 gainers as compared to 365 losers.
The KLCI surged to above 1800 points and closed at 1803.08 points on the last trading day of the week, in line with the gains of Asian and U.S. markets. Global equity markets received a boost after the ECB unleashed a 1 trillion euro stimulus package to resuscitate the deflation-hit euro zone.
Date As of: 23 January 2015
Description Volume Value Frequency
ETF 29,500 20,057,800 199
Stock 6,688,423,043 8,733,347,567,535 336,672
Warrant 362,536,000 6,351,727,800 572
Total 7,050,988,543 8,739,719,353,135 337,443
Thai bourse promotes sustainability among listed companies
Bangkok, January 23, 2015 - The Stock Exchange of Thailand (SET) has recently joined hands with Sustainable Business Development Institute (SBDi), to enhance listed companies' sustainable competitiveness by adhering to good corporate
governance, enhancing strategic capabilities, so as to contribute to business and society. In 2015, SET plans to organize a series of nine intensive training programs on sustainable development for Thai listed companies.
SET Executive Vice President Bordin Unakul stated, "Throughout our 40 years of operations, we have been paving the way for Thai listed companies towards sustainable growth in operating businesses on environmental, social and governance (ESG) aspects. In order to cater to the diversity and uniqueness of listed companies, we have prepared various training programs for them. Beginners are provided with training of fundamental sustainability knowledge. For companies with intermediate-level knowledge on sustainability practices, we support them in implementing sustainable corporate strategies and process improvement, as well as producing sustainability reports . For those with outstanding sustainability performance, we have designed activities for CEO and operational staff to be equipped for the assessment of Dow Jones Sustainability
Indices (DJSI). These are in line with the SET's commitment to become a sustainable stock exchange, promoting sustainability of the Thai capital market."
"Since 2012, SET has been providing intensive training on sustainable development to 1,350 participants from 427 Thai listed companies, accounted for 70 percent of the total. This year, we will organize nine sustainability training programs. Besides, we have cooperated with strategic partners to announce and publicize, "Thailand sustainable investment", providing a list of Thai companies with prime performance on environmental, social and governance (ESG) aspects to investors, to be used as investment decision-making tools.," added Bordin.
SBDi President Anantachai Yoonprathom, as the key trainer of this sustainability program, said, "Currently, sustainability knowledge is no longer general.
Rather, it becomes issue-oriented and relevant to several prominent areas, such as Responsible Supply Chain Management, Sustainability Risk and Materiality Analysis, Effective CSR Communication, and CSR Evaluation and Knowledge Management, aligned with international evaluation directions and standards.
Also, sustainability knowledge becomes more focused on performance measurement and evaluation, enabling companies to set and communicate tangible goals in terms of economic and social value."
As of 20 January 2015 Unit: M.Baht
Type Buy Sell Net
Institution 11,585.18 6,444.53 5,140.65
Proprietary 7,237.07 6,528.80 708.26
Foreign 13,095.45 9,812.26 3,283.19
Individual 38,091.24 47,223.35 -9,132.11
Total Trading Value 70,008.94 M.Baht
Vietnam index ends near 2-mth high, banks jump
Vietnam's benchmark VN Index climbed 1.36 percent to close at its highest in nearly two months, with volume more than doubling the previous session as investors stepped up buying banking shares and blue chips.
The index surpassed its 580-point resistance level to end at 582.38 points, a level unseen since Nov. 25, 2014, led by PetroVietNam Gas <GAS.HM> , Vietnam's top firm by market value, with a 3.18-percent gain to close near its six-week high.
All banks advanced, with Hanoi-based lender BIDV closing at a 10-month high at 17,400 dong ($0.81) each, while Eximbank also attracted heavy trade to advance 4.69 percent.
Investors also bet on other blue-chips amid expectations that the government may delay a circular that will cap banks' loans for stock investments at 5 percent of a bank's registered capital from next month.
The central bank has yet to announce any delays. State media had previously reported that the State Bank of Vietnam will keep unchanged the content of the ruling and its Feb. 1 effective date.
Robust trade among investors, mostly domestic, boosted volume on Friday to 184 million shares, much above the five-day average of 104 million, Reuters data showed.
Foreigners turned net buyers of 14.6 billion dong ($684,642) worth of Vietnamese shares on Friday, lowering the net offload value by overseas investors so far this month to 19.7 billion dong, exchange data showed.
Here is a snapshot of the VN Index at the close
VN Index 582.38
PREV. CLOSE 574.54
% CHANGE 1.36%
SE Asia Stocks -Indonesian, Philippine shares hit record closing highs
Indonesian and Philippine shares hit record closing highs on Friday amid foreign inflows after the European Central Bank unveiled its bond-buying programme, while a late rally in banking shares boosted the Thai stock market.
The Jakarta composite index finished up 1.35 percent at an all-time closing high of 5,323.88, taking its gain on the week to 3.4 percent, the biggest since March 2014.
Net foreign buying worth 1.61 trillion rupiah ($129.11 million) boosted large cap stocks such as Astra International and Bank Rakyat Indonesia.
The Philippine main index climbed 1.8 percent to end at 7,548.93, its third record closing high in the new year, surpassing 7,490.88 hit on Jan. 14.
Foreign investors bought shares worth a net 833.08 million pesos ($18.9 million) on the Philippine bourse.
The Malaysian and Thai bourses recorded net foreign inflows of 259.4 million ringgit ($72 million) and 3.28 billion baht ($100.58 million) respectively, stock exchange data showed.
In Bangkok, banking shares jumped 7.8 percent, sending the benchmark SET index 2.4 percent higher on the day and up 5.3 percent on the week, making it Southeast Asia's best performer.
The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3411.50 3370.29 +1.22
Kuala Lumpur 1803.08 1781.75 +1.20
Bangkok 1598.33 1560.34 +2.43
Jakarta 5323.88 5253.18 +1.35
Manila 7548.93 7416.31 +1.79
Ho Chi Minh 582.38 574.54 +1.36