ASEAN KEY DESTINATIONS
10 June 2016
The Straits Times Index (STI) ended 20.83 points or 0.73% lower to 2822.97, taking the year-to-date performance to -2.07%.
The top active stocks today were DBS, which declined 0.06%, SingTel, which declined 1.27%, OCBC Bank, which declined 0.80%, UOB, which declined 0.69% and Global Logistic, with a 1.62% fall.
The FTSE ST Mid Cap Index declined 0.55%, while the FTSE ST Small Cap Index declined 0.43%.
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 0.16%. The two biggest stocks of the Index - Wilmar International and Thai Beverage – ended 0.88% lower and 1.67% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 2.25%. Silverlake Axis shares declined 2.78% and CSE Global increased 2.35%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.44%)
STI ETF (-0.69%)
DBXT FT China 25 ETF 10 (-1.96%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.86%)
Capitamall Trust (unchanged)
Capitacom Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (-3.57%)
OCBC BK MB eCW161003 (-12.20%)
UOB MB eCW161031 (-7.69%)
Singapore Stock Market
*ST Index 2,822.97 -20.83 2,843.8 -18.58
Volume: 1,020.7M 1,048.7M
Value: $919.3M $913.1M
Gainers/Losers: 165/221 169/218
Daily Market Commentary (Securities)
10 June 2016
The FBM KLCI index lost 9.29 points or 0.56% on Friday. The Finance Index fell 0.43% to 14191.1 points, the Properties Index dropped 0.11% to 1154.01 points and the Plantation Index down 0.24% to 7577.29 points. The market traded within a range of 10.57 points between an intra-day high of 1651.79 and a low of 1641.22 during the session.
Actively traded stocks include TRIVE, TRIVE-WA, BORNOIL, RAYA, VSOLAR, ARMADA, SKPETRO, BORNOIL-WC, AIRASIAC37 and AIRASIA. Trading volume increased to 1847.79 mil shares worth RM1388.80 mil as compared to Thursday’s 1735.93 mil shares worth RM1612.04 mil.
Leading Movers were BAT (+106 sen to RM51.40), YTL (+1 sen to RM1.66), TENAGA (+8 sen to RM13.98), PPB (+8 sen to RM16.04) and KLK (+4 sen to RM23.20). Lagging Movers were SKPETRO (-8 sen to RM1.64), DIGI (-13 sen to RM4.57), AXIATA (-11 sen to RM5.60), PETCHEM (-12 sen to RM6.54) and GENTING (-15 sen to RM8.30). Market breadth was negative with 300 gainers as compared to 461 losers.
The KLCI ended the week on a negative note, closed lower at 1641.22 points amid overnight losses in Wall Street. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as SapuraKencana, Digi and Axiata.
Date As of: 10 June 2016
Description Volume Value Frequency
ETF 7,400 3,497,500 08
Stock 10,767,985,985 5,718,964,820,750 218,085
Right 7,201,200 134,934,800 335
Warrant 8,846,900 92,609,700 310
Total 10,784,041,485 5,719,195,862,750 218,738
As of 10 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 2,047.42 2,659.81 -612.40
Proprietary 4,163.24 4,195.83 -32.59
Foreign 8,290.69 8,375.84 -85.15
Individual 19,536.22 18,806.08 730.14
Total Trading Value 34,037.57 M.Baht
SE Asia Stocks-Jittery ahead of Fed meeting, Brexit referendum
Southeast Asian stock markets closed lower on Friday ahead of a U.S. Federal Reserve meeting next
week that is likely to take a call on an interest rate increase, and the UK referendum later this month on Britain's exit from the European Union.
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained strength in the labour market despite a sharp slowdown in hiring last month.
The health of the labour market will likely determine the timing of the next Federal Reserve interest rate increase.
Fed watchers surveyed by Reuters this week saw a median 40 percent chance of a hike in July and a roughly two-in-three chance of a September move.
Britons will vote on June 23 on whether to remain part of the EU, a choice with far-reaching consequences for politics, the economy, defence and diplomacy but divergent polls have made it difficult to predict the outcome.
"The markets are on tenterhooks ahead of next week's FOMC meeting. Rates may go up in July or September and markets do not like such uncertainty," said an analyst from Singapore.
"We also think Britain wouldn't want to exit the EU, but if it swings otherwise, the effects could be detrimental."
Lower oil prices also dampened sentiment.
The Singapore index .STI led the losers, dragged down by oil and gas, and consumer services stocks, but managed to gain 0.5 percent on the week.
The oil index .FTFSTAS0001 lost 2 percent as a stronger dollar pulled crude off the 2016 highs hit this week.
Oil-rig firms Sembcorp Industries SCIL.SI and Keppel Corp KPLM.SI closed 2.4 percent and 2.1 percent lower,
Indondesian stocks .JKSE lost 0.6 percent, dragged down by energy and consumer cyclicals.
It fell marginally on the week.
Auto-distributor Astra International Tbk PT ASII.JK lost 3.6 percent.
Thai .SETI and Vietnam .VNI stocks fell. On a weekly basis, Thailand lost 0.5 percent, while Vietnam gained about 1.3 percent.
The Philippine index .PSI reversed gains from early trade, losing 0.4 percent.
Earlier, Asian shares pulled back, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS
dipping 0.8 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2822.97 2843.8 -0.73
Bangkok 1429.21 1435.65 -0.45
Manila 7509.94 7536.65 -0.35
Jakarta 4848.056 4876.794 -0.59
Kuala Lumpur 1641.22 1650.51 -0.56
Ho Chi Minh 629.84 631.26 -0.22