ASEAN KEY DESTINATIONS
02 July 2015
The Straits Times Index (STI) ended 3.3 points or 0.1% lower to 3327.84, taking the year-to-date performance to -1.11%.
The top active stocks today were UOB, which gained 0.82%, DBS, which closed unchanged, Singtel, which declined 0.24%, CapitaLand, which declined 1.13% and Global Logistic, with a 0.78% fall.
The FTSE ST Mid Cap Index declined 0.06%, while the FTSE ST Small Cap Index rose 0.02%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 0.82%. The two biggest stocks of the Index - Midas Holdings and NSL- ended 1.59% higher and 0.67% lower respectively.
The underperforming sector was the FTSE ST Real Estate Investment Trusts Index, which slipped 0.67%. CapitaLand Mall Trust shares declined 2.30% and Ascendas REIT declined 2.41%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI USA ETF (unchanged)
SPDR Gold Shares (-0.67%)
DBXT CSI300 ETF (-3.59%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-2.43%)
CapitaLand Mall Trust (-2.30%)
CapitaLand Commercial Trust (-0.32%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW150915 (+3.54%)
UOB MB eCW151001 (+16.16%)
Singapore Stock Market
*ST Index 3,327.84 -3.3 3,331.14 +13.81
Volume: 907.3M 908.6M
Value: $912.4M $924.8M
Gainers/Losers: 208/221 209/208
Daily Market Commentary (Securities)
2 July 2015
The FBM KLCI index gained 5.92 points or 0.34% on Thursday. The Finance Index increased 0.58% to 15660.22 points, the Properties Index dropped 0.47% to 1223.71 points and the Plantation Index rose 1.50% to 7451.04 points. The market traded within a range of 10.24 points between an intra-day high of 1738.67 and a low of 1728.43 during the session.
Actively traded stocks include FRONTKN, MSPORTS, CHINA50-C2, CHINA50-H1, SCNWOLF, CHINA50-C3, CONNECT, JAKS, CHINA50-H2 and SEDANIA. Trading volume decreased to 1457.53 mil shares worth RM1853.02 mil as compared to Wednesday’s 1942.36 mil shares worth RM2174.28 mil.
Leading Movers were KLK (+56 sen to RM22.30), HLBANK (+26 sen to RM13.68), IOICORP (+8 sen to RM4.22), HLFG (+28 sen to RM15.68) and SKPETRO (+4 sen to RM2.47). Lagging Movers were MAXIS (-12 sen to RM6.37), AMMB (-6 sen to RM5.99), DIGI (-5 sen to RM5.48), GENM (-3 sen to RM4.20) and TENAGA (-8 sen to RM12.66). Market breadth was positive with 388 gainers as compared to 351 losers.
The KLCI extended its winning streak, climbing to 1733.88 points at closing bell. Market sentiment remained positive after Fitch's positive rating on Malaysia yesterday.
Date As of: 02 July 2015
Description Volume Value Frequency
ETF 36,200 28,408,500 04
Stock 5,321,570,572 5,018,716,045,867 240,449
Right 3,114,200 3,114,200 16
Warrant 12,555,600 359,841,800 920
Total 5,337,276,572 5,019,107,410,367 241,389
As of 2 July 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,793.88 5,760.14 -1,966.26
Proprietary 5,441.92 4,371.35 1,070.57
Foreign 12,605.43 16,970.59 -4,365.16
Individual 25,414.95 20,154.11 5,260.84
Total Trading Value 47,256.19 M.Baht
Vietnam index ends near 9-month high, banks jump
Vietnam's benchmark VN Index .VNI jumped 2.4 percent to close near a nine-month high on Thursday, lifted by robust trading in large-cap stocks and led by banking shares that gained on buying by foreign investors.
Shares in Vietcombank VCB.HM , the country's top listed firm by market value, advanced 6.19 percent to a record high of 51,500 dong ($2.36), while Hanoi-based BIDV BID.HM climbed 6.85 percent to an all-time high of 23,400 dong.
Net foreign buying of banking shares and investors expecting the cap on foreign ownership in banks to be relaxed contributed to the gains, analysts said.
The government said last week it would lift the foreign ownership cap in many listed firms as of Sept. 1, but the 30-percent cap on banks remains unchanged.
The easing "reflects the determination of renovating the economy and integration", State Securities Commission Chairman Vu Bang was quoted in a statement as saying at a Vietnam investment promotion conference in New York on Wednesday.
Other blue chips also rose, including Petrovietnam Gas GAS.HM that rallied 1.61 percent and Vietnam's top property firm Vingroup VIC.HM , which gained 1.15 percent.
"Investors should think carefully before taking a decision because the trading volume was relatively modest compared with the significant rise of the market index," said Nguyen The Minh, a technical analyst at Viet Capital Securities.
The index ended at 605.70 points, the session's high and the highest since Oct. 14, 2014, while volume reached 136.67 million shares, below the five-day average of 140.07 million.
Vietnam's securities market is the fastest growing in Southeast Asia, with a 8.69 percent growth.
Here is a snapshot of the VN Index .VNI at the close
VN Index 605.70
PREV. CLOSE 591.50
% CHANGE 2.4%
SE Asia Stocks-Singapore retreats; Thai banks suffer sell-off
Most Southeast Asian stock markets rose on thin volume on Thursday amid the Greek debt uncertainty, but Singapore shares retreated ahead of factory activity data and Thai key index closed below key 1,500 level due to sell-off in banking shares.
Singapore's key Straits Times Index .FTSTI erased early gain and ended a tad 0.1 percent lower. Trading volume fell to just 70 percent of a 30-day average before June Purchasing Managers' index SGPMI=ECI which is due out later in the day.
Thai SET index .SETI fell 0.9 percent to 1,491.62, the lowest close since June 19. June consumer confidence which fell for a sixth month dampened investment sentiment and fuelled more selling in economic proxies, including banks.
Foreign investors offloaded shares worth a net 4.4 billion baht ($130.29 million), the biggest since February 25, stock exchange and Thomson Reuters data showed.
Kasikornbank's KBANK.BK shares, the most actively traded by turnover, dropped 5.3 percent. Banking shares .SETB pulled deep into an overbought territory, with a 14-day Relative Strength Index of 22.4 at the close.
Stocks in Indonesia .JKSE was up 0.8 percent, trimming some early gains, after a Bank Indonesia survey showed consumers were less optimistic in June than the previous month as they expect the economy to continue to slow in the next six months.
Others in Southeast Asia appeared followed Asia higher though widening cracks in Chinese stocks and Greece's standoff with its creditors capped gains.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3327.84 3331.14 -0.10
Kuala Lumpur 1733.88 1727.96 +0.34
Bangkok 1491.62 1504.55 -0.86
Jakarta 4944.78 4904.06 +0.83
Manila 7578.31 7575.15 +0.04
Ho Chi Minh 605.70 591.50 +2.40