ASEAN KEY DESTINATIONS
01 July 2016
The Straits Times Index (STI) ended 5.44 points or 0.19% higher to 2846.37, taking the year-to-date performance to -1.26%.
The top active stocks today were SingTel, which gained 0.24%, DBS, which declined 0.38%, OCBC Bank, which gained 0.69%, UOB, which gained 0.54% and CapitaLand, with a 0.33% advance.
The FTSE ST Mid Cap Index gained 0.53%, while the FTSE ST Small Cap Index rose 0.17%.
The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 1.98%. The two biggest stocks of the Index - Keppel Infrastructure Trust and SIIC Environment Holdings – ended 2.02% higher and 3.23% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.74%. Midas Holdings shares declined 1.92% and Geo Energy Resources increased 0.89%.
The three most active Exchange Traded Funds (ETFs) by value today were:
CIMB FTSE Asean40 100 (unchanged)
SPDR Gold Shares (+1.31%)
STI ETF (+0.35%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.81%)
Capitacom Trust (+1.70%)
Capitamall Trust (+1.88%)
The most active index warrants by value today were:
S&P 2020MBePW160916 (-8.46%)
STI 2800MBeCW161031 (+2.70%)
S&P 2120MBeCW160916 (+77.27%)
The most active stock warrants by value today were:
DBS MB eCW161031 (-5.62%)
OCBC Bk MBeCW161004 (+5.88%)
UOB MB eCW161031 (+5.95%)
Singapore Stock Market
*ST Index 2,846.37 +5.44 2,840.93 +48.2
Volume: 1,261.5M 1,496.6M
Value: $1,009.8M $1,827.4M
Gainers/Losers: 199/177 252/138
Daily Market Commentary (Securities)
1 July 2016
The FBM KLCI index lost 7.86 points or 0.48% on Friday. The Finance Index increased 0.20% to 14234 points, the Properties Index dropped 0.38% to 1128.55 points and the Plantation Index rose 0.14% to 7574.4 points. The market traded within a range of 9.64 points between an intra-day high of 1654.28 and a low of 1644.64 during the session.
Actively traded stocks include BORNOIL, MBSB-OR, BORNOIL-WC, DNEX-OR, AAX-WA, AAX, TRIVE, MBSB, NETX-WB and SANICHI. Trading volume decreased to 1130.95 mil shares worth RM1133.13 mil as compared to Thursday’s 1462.67 mil shares worth RM2004.18 mil.
Leading Movers were HLFG (+32 sen to RM15.00), MAXIS (+6 sen to RM5.95), MAYBANK (+6 sen to RM8.20), PETDAG (+8 sen to RM23.48) and IOICORP (+1 sen to RM4.35). Lagging Movers were YTL (-6 sen to RM1.61), SKPETRO (-4 sen to RM1.43), GENTING (-19 sen to RM8.01), GENM (-10 sen to RM4.35) and AXIATA (-12 sen to RM5.51). Market breadth was negative with 295 gainers as compared to 413 losers.
The KLCI ended the week on a negative note, closed lower at 1646.22 points despite overnight gains in Wall Street. Investors were taking profit following the gains in our local bourse in the past few days.
Date As of: 01 July 2016
Description Volume Value Frequency
ETF 26,200 10,174,100 08
Stock 5,715,603,155 5,849,214,795,252 226,013
Warrant 4,027,100 51,288,600 17
Total 5,719,656,455 5,849,276,257,952 226,200
As of 1 July 2016 Unit: M.Baht
Type Buy Sell Net
Institution 7,164.36 7,767.28 -602.92
Proprietary 5,454.95 4,985.10 469.85
Foreign 20,033.36 13,160.79 6,872.57
Individual 27,172.70 33,912.21 -6,739.51
Total Trading Value 59,825.37 M.Baht
SE Asia Stocks-Largely up as risk appetite continues to improve
Most Southeast Asian stock markets rose on Friday, as risk appetite continued to improve following a two-day selloff after Britain voted to exit the European Union last week.
Investor sentiment was also boosted after Bank of England Governor Mark Carney said the central bank would probably need
to pump more stimulus into Britain's economy over the summer following the shock triggered by the referendum result.
St. Louis Federal Reserve Bank President James Bullard said on Thursday he was sticking with his view that the U.S. central
bank needed to make a single increase to interest rates, adding the impact on the United States of Britain's vote to leave was
"statistically in the neighbourhood of zero."
Central banks in Southeast Asia are also in a wait-and-watch mode after the Brexit vote, with Indonesia's central bank saying
earlier this week that it had room to loosen monetary policy again as inflation was within its range.
Malaysia's central bank said on Thursday that markets had been resilient after the Brexit referendum as key domestic
markets continued to have ample liquidity, adding that it would monitor developments to address further volatility.
A combination of greater policy easing and lower DM (developed markets) growth expectations is favourable for ASEAN
countries, Nomura said in a note. In a post-Brexit environment with greater policy accommodation, ASEAN should continue to
outperform, it added.
Vietnam shares .VNI hit their highest since September 2014, before closing up 1.3 percent. They posted a gain of 3.1
percent for the week.
Energy stocks helped the index gain as oil prices rose on tighter market outlook. Petrovietnam Gas Joint Stock Corp
GAS.HM rose as much as 6.4 percent to its highest since June 12, 2015.
Philippine shares .PSI rose 0.4 percent, helped by consumer cyclicals and financials. SM Investments Corp SM.PS
gained 2.4 percent, while SM Prime Holdings Inc SMPH.PS was up 1.3 percent.
"Investors are bullish about Duterte's incoming administration as he had a lot of changes in mind, and anticipate that he will be able to fast-track all of his plans," said Grace Aller, an analyst with AP Securities in Manila.
The Philippine index gained 2.6 percent this week.
Indonesian shares .JKSE ended nearly 1 percent lower, with healthcare and consumer non-cyclicals dragging the index down.
Kalbe Farma Tbk PT KLBF.JK was down nearly 2 percent, while Hanjaya Mandala Sampoerna Tbk PT HMSP.JK fell 2.4 percent. The Jakarta index gained 2.8 percent this week.
Malaysia .KLSE closed 0.5 percent down, with consumer cyclicals leading the losses. Genting Bhd GENT.KL fell 2.3
The Thai market .SETI was closed on Friday for the mid-year closing day.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2846.37 2840.93 0.19
Manila 7830.35 7796.25 0.44
Jakarta 4971.581 5016.647 -0.90
Kuala Lumpur 1646.22 1654.08 -0.48
Ho Chi Minh 640.3 632.26 1.27