ASEAN KEY DESTINATIONS
29 January 2016
The Straits Times Index (STI) ended 66.66 points or 2.6% higher to 2629.11, taking the year-to-date performance to -8.80%.
The top active stocks today were DBS, which gained 3.84%, SingTel, which gained 0.86%, Keppel Corp, which gained 5.24%, UOB, which gained 2.96% and OCBC Bank, with a 3.80% advance.
The FTSE ST Mid Cap Index gained 1.78%, while the FTSE ST Small Cap Index rose 1.14%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 6.30%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 5.24% higher and 12.56% higher respectively.
The underperforming sector was the FTSE ST Health Care Index, which slipped 1.22%. Raffles Medical Group shares gained 0.50% and Biosensors International Group declined 1.91%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Ishares Usd Asia Hy Bond Etf (+1.28%)
Is Msci India 100 (+3.23%)
Sti Etf (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (+1.02%)
Ascendas Reit (+2.66%)
Suntec Reit (+2.60%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MBeCW161101 (+21.74%)
DBS MB eCW160711 (+20.78%)
UOB MB eCW160705 (+14.12%)
Singapore Stock Market
*ST Index 2,629.11 +66.66 2,562.45 +16.27
Volume: 1,156.4M 744.6M
Value: $1,370.7M $901.1M
Gainers/Losers: 298/103 187/192
Daily Market Commentary (Securities)
29 January 2016
The FBM KLCI index gained 33.27 points or 2.04% on Friday. The Finance Index increased 1.56% to 13882.41 points, the Properties Index up 1.24% to 1111.47 points and the Plantation Index rose 4.51% to 7916.2 points. The market traded within a range of 36.18 points between an intra-day high of 1667.80 and a low of 1631.62 during the session.
Actively traded stocks include TIGER, AAX, AIRASIA, KNM, CIMB, AXIATA, SANICHI, BORNOIL, VIVOCOM and SKPETROC19. Trading volume increased to 2501.46 mil shares worth RM4029.50 mil as compared to Thursday’s 1821.57 mil shares worth RM2460.95 mil.
Leading Movers were SKPETRO (+18 sen to RM1.88), IOICORP (+42 sen to RM4.85), ASTRO (+17 sen to RM2.79), RHBCAP (+32 sen to RM5.45) and SIME (+46 sen to RM8.07). Lagging Movers were MAXIS (-46 sen to RM5.72), KLCC (-5 sen to RM7.01), YTL (-1 sen to RM1.56), TM (-2 sen to RM6.50) and MISC (-1 sen to RM8.77). Market breadth was positive with 689 gainers as compared to 285 losers.
The KLCI surged and closed higher at 1667.80 points amid overnight gains in US market after oil prices rose for the third consecutive day. The performance of our local bourse was in tandem with most of our regional peers following the Bank of Japan unexpectedly eased monetary policy further by introducing a negative interest rate policy.
Date As of: 29 January 2016
Description Volume Value Frequency
ETF 800 653,800 03
Stock 5,232,551,533 8,369,874,721,802 268,367
Warrant 7,391,200 95,077,200 372
Total 5,239,943,533 8,369,970,452,802 268,742
Thai bourse, mai and National Innovation Agency join hands to drive Thai listed firms' innovations
BANGKOK, January 29, 2016 - The Stock Exchange of Thailand, Market for Alternative Investment (mai), and The National Innovation Agency (NIA), Ministry of Science and Technology of Thailand, have recently signed a memorandum of understanding (MOU) to launch the "Thai Listed Firms Innovation" project, aiming to educate corporate innovation management knowledge for Thai listed firms to increase competitive capabilities and build sustainability, with participation of 30 listed firms in the first year.
SET Chairman Chaiyawat Wibulswasdi stated, "Driving innovation is essential for any organization operating in today's business landscape, from strategic planning to integrate research results into new product and service development and improvement of work concept and process for efficiency and effectiveness. As such, SET has joined hands with NIA to promote innovations as a means to drive business sustainable growth among firms listed on the main bourse and mai."
mai President Prapan Charoenprawatt said, "The project's initiative started from the idea to craft listed firms as innovative companies to models for other businesses in Thailand, as they have funds, growth opportunities and potential grow in a sustainable manner with innovative processes. This project will provide in-depth knowledge of how to drive innovations for firms and other supports, in line with SET's plan to promote quality of listed firms."
NIA Director Pun-Arj Chairatana said, "NIA, together with specialists from College of Management, Mahidol University, has conducted a survey among Thai listed firms in five aspects to assess innovative capabilities of both strengths and weaknesses, consisting of professionals (man), organizational management (management), innovation development (methodology), attentiveness on employees (mind), material management (material). The results from the survey findings will be published through corporate innovation report and then used to create innovation index. Initially, the project will select 30 listed firms from SET and mai to join the innovation management training courses as well as providing supports in innovation issue. There are two courses: one is an overview and knowledge of innovation course for high-level executives and the other is an advanced course for creative team of each firm, to practically drive at a faster speed."
As of 29 January 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,364.54 5,064.80 1,299.73
Proprietary 5,483.21 6,459.36 -976.15
Foreign 15,730.71 13,248.23 2,482.48
Individual 26,003.30 28,809.36 -2,806.07
Total Trading Value 53,581.75 M.Baht
Vietnam index ends up 1 pct on higher oil prices
Vietnam's benchmark VN Index .VNI rose on Friday, posting its first weekly gain in four weeks, buoyed by advances in energy stocks as global oil prices rallied.
PetroVietnam Gas GAS.HM led the market, climbing 6.81 percent to the highest level so far this year, while
PetroVietnam Drilling & Well Services Corp PVD.HM soared 6.98 percent to a more than two-week high.
As many as 122.9 million shares changed hand, compared with the five-day average of 133.5 million.
The index, Southeast Asia's best performer last year, has gained 4.4 percent this week after three consecutive weekly
Here is a snapshot of the VN Index .VNI at the close
VN Index 545.25
PREV. CLOSE 539.47
% CHANGE +1.07%
SE Asia Stocks-Rise after BOJ's negative rate decision; Singapore outperforms
Southeast Asian stock markets ended firmer on Friday after the Bank of Japan shocked financial markets by adopting a negative interest rate to maintain business confidence and revive a deflationary mindset, and as global crude oil prices gained.
In a 5-4 vote, the Japanese central bank decided to charge 0.1 percent interest on current accounts that financial
institutions hold at the BOJ, and said it would cut interest rates further into negative territory if judged necessary.
Singapore .STI , the worst regional performer, jumped 2.6 percent to close at its highest level since Jan. 19, led by
financials, while Malaysia .KLSE surged 2 percent to a more than three-week high.
The Philippine share index .PSI jumped 1.9 percent to a more than three-week high, Thailand .SETI ended 1 percent
Teerada Charnyingyong, an analyst with Phillip Capital in Bangkok, said bullish sentiment drove the markets.
"The expectation is that the weakening of Japanese Yen JPY= could help economies on their export front."
Investors were also upbeat after the U.S. Federal Reserve said on Wednesday it was "closely monitoring" global economic and financial developments, even as it kept rates unchanged.
Gains in oil prices for the fourth consecutive session on talk of a possible deal to pare back excess supply also boosted
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2629.11 2562.45 +2.60
Bangkok 1300.98 1288.40 +0.98
Manila 6687.62 6563.38 +1.89
Jakarta 4615.163 4602.829 +0.27
Kuala Lumpur 1667.80 1634.53 +2.04
Ho Chi Minh 545.25 539.47 +1.07