ASEAN KEY DESTINATIONS
11 June 2015
The Straits Times Index (STI) ended 21.9 points or 0.66% higher to 3347.67, taking the year-to-date performance to -0.52%.
The top active stocks today were DBS, which gained 1.29%, Noble, which gained 9.30%, Singtel, which gained 0.73%, OCBC Bank, which gained 0.50% and UOB, with a 0.30% advance.
The FTSE ST Mid Cap Index gained 0.30%, while the FTSE ST Small Cap Index rose 0.33%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 2.95%. The two biggest stocks of the Index - Silverlake Axis and STATS ChipPAC – ended 6.37% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.65%. Midas Holdings shares remained unchanged and NSL remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Asia Ex Japan ETF (-1.22%)
SPDR Gold Shares (-0.09%)
DBXT MSCI Indonesia ETF (+0.24%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (-0.48%)
CapitaLand Commercial Trust (+0.98%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW151001 (+14.71%)
UOB MB eCW151001 (+4.84%)
KepCorp MBeCW151102 (+7.14%)
Singapore Stock Market
*ST Index 3,347.67 +21.9 3,325.77 +30.64
Volume: 1,506.5M 1,204.5M
Value: $1,310.2M $1,141.7M
Gainers/Losers: 253/182 239/179
Daily Market Commentary (Securities)
11 June 2015
The FBM KLCI index lost 0.87 points or 0.05% on Thursday. The Finance Index fell 0.11% to 15529.82 points, the Properties Index dropped 0.65% to 1246.16 points and the Plantation Index down 0.23% to 7345.39 points. The market traded within a range of 11.60 points between an intra-day high of 1744.77 and a low of 1733.17 during the session.
Actively traded stocks include AAX-WA, AAX, AIRASIA, VSOLAR, APFT, MTRONIC, PRIVA, CAP, FRONTKN and IFCAMSC. Trading volume increased to 1417.00 mil shares worth RM1706.92 mil as compared to Wednesday’s 1224.67 mil shares worth RM1546.06 mil.
Leading Movers were GENTING (+17 sen to RM8.40), PPB (+20 sen to RM15.30), GENM (+5 sen to RM4.25), RHBCAP (+8 sen to RM7.36) and PETCHEM (+6 sen to RM6.25). Lagging Movers were FGV (-6 sen to RM1.86), ASTRO (-5 sen to RM2.99), BAT (-98 sen to RM60.12), AMMB (-10 sen to RM6.19) and HLBANK (-18 sen to RM13.72). Market breadth was negative with 289 gainers as compared to 468 losers.
The KLCI was little-changed, ended marginally lower at 1734.76 points. The rally in global equities failed to excite our local bourse as investors remained wary over the weakening of ringgit while absence of fresh local positive leads kept sentiment muted.
Thai alternative bourse to showcase listed SMEs strengths in mai FORUM 2015
BANGKOK, June 11, 2015 -The Market for Alternative Investment (mai) jointly with mai Listed Company Association (maiA), will hold "mai FORUM 2015" on July 1, 2015 in Bangkok, a big event to highlight mai's role as an alternative fund-raising source for entrepreneurs with an opportune platform for 90 mai-listed companies, distinguish social enterprises and start-ups to introduce businesses to investors, underlining mai's commitment to boost growth with quality development.
mai President Prapan Charoenprawatt said that during the past 16 years, mai has been a fund-raising source for entrepreneurs, in synergizing capabilities and expanding businesses, especially family businesses in Bangkok and various provinces nationwide. There has been more than THB 60 billion raised through the bourse. This year, mai would focus on key areas of using financial tools, developing investor relations, fostering a deeper understanding of corporate governance among listed companies in order to strengthen mai-listed firms' capabilities and quality towards sustainability.
"mai has grown continuously with current market capitalization at THB 395 billion (USD 11.72 billion), while average daily securities trading value
increased 10 times to THB 4 billion (approximately USD 118.69 million) from the past five years. To showcase the attractiveness of mai-listed firms, this year's forum will highlight investment booths from 90 mai-listed firms to present their strengths to shareholders and investors, promoting their businesses, products and services. In addition, it will launch "Innobiz Matching-New Venture Showcase", offering opportunities for outstanding start-ups and social enterprises to present their business plan to investors for fundraising," Prapan added.
The forum will be held at Queen Sirikit Convention Center, Bangkok. Other activities in the forum include exclusive seminars for investors and interested firms to list on mai, opportunity day, and financial booth from four commercial banks (covering Bangkok Bank pcl, Kasikornbank pcl, Krung Thai Bank pcl, and The Siam Commercial Bank pcl) and securities firms. For more information, please visit www.set.or.th.
mai so far attracted 137 Thai companies. Off these, 19 mai-listed companies had grown steadily before moving to list on the main board (SET). There have been THB 68.24 billion (USD 2.02 billion) raised through equity, of which THB 31.74 billion (USD 0.94 billion) was raised from initial public offerings (IPO), as well as THB 36.50 billion (USD 1.08 billion) from recapitalization through 262 financial instruments.
As of 11 June 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 6,109.12 3,190.95 2,918.18
Proprietary 5,163.31 3,123.28 2,040.04
Foreign 7,868.12 10,194.05 -2,325.93
Individual 31,348.45 33,980.73 -2,632.28
Total Trading Value 50,489.01 M.Baht
Vietnam index nears 3-mth high on potential rule change
Vietnam's benchmark VN Index climbed 1.21 percent to close at its highest since March 17 in robust trade on news of a potential cut in stock repayment period.
More than half of the total equities advanced, led by PetroVietNam Gas , Vietnam's top listed firm by market value, that leaped 3.94 percent, while lender Vietcombank reversed two losses with a 0.92-percent rebound.
Vietnam's securities regulator said on Thursday it was seeking to cut a share repayment period to two days from three to support the country's stock markets, in line with international standards.
Analysts said the change would boost liquidity in Southeast Asia's smallest stock market and attract investments.
Ho Chi Minh Stock Exchange's 30-day average volume stood at 111 million shares on Thursday, compared to Singapore's 246 million and Thailand's 7.3 billion.
Here is a snapshot of the VN Index at the close
VN Index 581.05
PREV. CLOSE 574.1
% CHANGE 1.21%
SE Asia Stocks-Most gain; Thai index closes at near 3-week high
Most Southeast Asian stock markets rose for a second session on Thursday with the Thai index closing at a near three-week high, but foreign investors continued to sell risky assets amid speculation over an early rate hike by the U.S. Federal Reserve.
Foreign investors sold a net $65.26 million worth Malaysian shares and $50.61 million worth Indonesian shares. Thailand suffered net foreign outflow of $68.98 million and Manila saw net foreign selling of $3.83 million.
The U.S. Fed is expected to raise interest rates sooner than expected as the world's largest economy starts to regain speed, recent positive economic.
Thailand's SET index closed 0.7 percent higher to its highest since May 22 led by financials, a day after the country's central bank held policy rates steady as expected, while Singapore rose 0.7 percent to a one-week high.
The Philippine index jumped 1.6 percent, rising for a second straight session from a five-month low hit on Tuesday and its best single-day gain since Jan. 23.
Vietnam ended up 1.2 percent at a three-month high on news of a potential cut in stock repayment period.
The Jakarta Composite Index , however, bucked the trend, closing 0.1 percent lower, led by state-controlled banks after a report that they would halve lending rates for small businesses.
"We are still seeing foreign selling pressures despite the strong rebound in the US market last night," said Harry Su, head of research at Jakarta-based broker Bahana Securities.
"Sentiment is still weak for the Indonesian market on continued political uncertainties and weak growth due to government infrastructure delays."
Shares of PT Bank Negara Indonesia fell 3 percent, PT Bank Mandiri were down 2 percent, and PT Bank Rakyat Indonesia lost 2.6 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3347.67 3325.77 +0.66
Kuala Lumpur 1734.76 1735.63 -0.05
Bangkok 1515.19 1504.04 +0.74
Jakarta 4928.81 4933.56 -0.10
Manila 7503.72 7384.27 +1.62
Ho Chi Minh 581.05 574.10 +1.21