ASEAN KEY DESTINATIONS
16 June 2016
The Straits Times Index (STI) ended 22.69 points or 0.82% lower to 2751.56, taking the year-to-date performance to -4.55%.
The top active stocks today were DBS, which declined 0.89%, SingTel, which declined 0.79%, OCBC Bank, which declined 1.18%, UOB, which declined 1.05% and Keppel Corp, with a 1.86% fall.
The FTSE ST Mid Cap Index declined 0.85%, while the FTSE ST Small Cap Index declined 1.20%.
The outperforming sectors today were represented by the FTSE ST Industrials Index, which declined 0.16%. The two biggest stocks of the Index - Jardine Matheson Holdings and Jardine Strategic Holdings – ended 0.70% higher and 1.26% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 2.39%. Silverlake Axis shares declined 2.94% and CSE Global declined 1.16%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+1.95%)
STI ETF (-1.06%)
IS MSCI India 100 (-0.74%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
Capitamall Trust (unchanged)
Capitacom Trust (+0.36%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (-7.00%)
UOB MB eCW161031 (-8.51%)
DBS MB ePW161003 (+6.41%)
Singapore Stock Market
*ST Index 2,754.02 +2.46 2,751.56 -22.69
Volume: 532.6M 890.1M
Value: $288.4M $964.4M
Gainers/Losers: 160/123 130/287
Daily Market Commentary (Securities)
16 June 2016
The FBM KLCI index lost 13.06 points or 0.80% on Thursday. The Finance Index fell 0.83% to 13955.93 points, the Properties Index dropped 0.07% to 1138.99 points and the Plantation Index down 0.33% to 7543.87 points. The market traded within a range of 15.68 points between an intra-day high of 1629.47 and a low of 1613.79 during the session.
Actively traded stocks include TRIVE, NETX-WB, SANICHI-OR, OCR-PR, SKPETRO, HSI-C21, AAX-WA, ARMADA, OCR and AIRASIA. Trading volume increased to 1569.11 mil shares worth RM1554.12 mil as compared to Wednesday’s 1531.19 mil shares worth RM1448.57 mil.
Leading Movers were YTL (+1 sen to RM1.60), DIGI (+1 sen to RM4.60), PETDAG (+4 sen to RM23.44), TENAGA (+2 sen to RM13.98) and KLCC (+1 sen to RM7.38). Lagging Movers were SKPETRO (-9 sen to RM1.43), MISC (-25 sen to RM7.25), CIMB (-14 sen to RM4.20), BAT (-144 sen to RM49.66) and GENTING (-17 sen to RM8.00). Market breadth was negative with 195 gainers as compared to 591 losers.
The KLCI extended its midday losses and closed lower at 1614.90 points amid overnight losses in US market after the Federal Reserve kept interest rate unchanged. Market sentiment remained bearish as oil prices continued to slide.
Date As of: 16 June 2016
Description Volume Value Frequency
ETF 13,400 6,888,400 09
Stock 5,268,873,070 4,901,183,831,202 222,537
Right 44,337,348 8,436,049,517 1,047
Warrant 13,860,900 112,246,900 282
Total 5,327,084,718 4,909,739,016,019 223,875
As of 16 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,397.37 6,592.59 -3,195.22
Proprietary 5,368.68 6,592.88 -1,224.20
Foreign 10,653.80 11,621.15 -967.34
Individual 27,344.58 21,957.81 5,386.77
Total Trading Value 46,764.43 M.Baht
SE Asia Stocks-Soft as Brexit fears cloud sentiment
Most Southeast Asian stocks ended lower on Thursday as investors shrugged off the U.S. Fed's cautious
stance on interest rates and a steady monetary policy by the Bank of Japan, as fears of a British exit from the European
Union dominated markets.
A poll by Ipsos MORI on Thursday showed 53 percent of Britons would vote to leave the European Union in a referendum
on June 23, and a separate analysis by JPMorgan JPM.N researchers on Wednesday showed the "Leave" camp in the lead.
"Most likely, if the British referendum were to go for 'leave' the European Union, it would exacerbate the market
sentiments in flight to safety and the risk appetite would actually deteriorate," said Taye Shim, an analyst with Daewoo
"It might lead to meaningful outflow of funds out from ASEAN markets over to safer markets."
Concerns over the so-called Brexit have driven investors towards safe-haven assets such as German bunds and gold and out
of oil and stocks.
Singapore .STI stocks fell 0.8 percent, led lower by oil and gas shares after oil prices hit their lowest in more than
three weeks on Thursday.
Keppel Corp Ltd KPLM.SI fell 1.9 percent, while Sembcorp Industries SCIL.SI lost 2.8 percent.
The Thailand index .SET closed down 1.7 percent, with telecom and energy stocks dragging the index down.
Advanced Info Service PCL ADVANC.BK fell 4 percent.
Vietnam ended marginally lower, led by energy stocks, with Petrovietnam Gas Joint Stock Corp GAS.HM down 2.4 percent.
The Philippine index .PSI however closed 0.8 percent higher, led by shares of consumer cyclicals.
SM Investments Corp SM.PS was up 1.1 percent.
"It might be a case of rotation of buying, probably lightening up on some countries and moving to the Philippines
because of our better fundamentals at the moment," said Jose Vistan, an analyst with Manila-based AB Capital Securities,
referring to the Philippine economy.
The Philippine economy posted its fastest annual growth in nearly three years in the first quarter, as strong domestic
demand and investments offset sluggish
Earlier on Thursday, the Bank of Japan refrained from offering additional monetary stimulus despite anaemic inflation
and weak global growth. Overnight, the U.S. Federal Reserve kept interest rates unchanged and signaled it still planned to raise
rates twice in 2016.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2751.56 2774.25 -0.82
Bangkok 1411.19 1434.89 -1.65
Manila 7564.47 7501.65 0.84
Jakarta 4814.391 4814.824 -0.01
Kuala Lumpur 1614.9 1627.96 -0.80
Ho Chi Minh 625.11 627.02 -0.30