ASEAN KEY DESTINATIONS
20 June 2016
The Straits Times Index (STI) ended 28.18 points or 1.02% higher to 2791.6, taking the year-to-date performance to -3.16%.
The top active stocks today were DBS, which gained 2.24%, SingTel, which gained 1.58%, OCBC Bank, which gained 2.39%, CityDev, which declined 1.58% and UOB, with a 2.01% advance.
The FTSE ST Mid Cap Index gained 0.55%, while the FTSE ST Small Cap Index rose 0.67%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 1.54%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 2.24% higher and 3.25% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.82%. Midas Holdings shares remained unchanged and Geo Energy Resources declined 0.93%.
The three most active Exchange Traded Funds (ETFs) by value today were:
iShares USD Asia HY Bond ETF (-0.47%)
STI ETF (+1.42%)
SPDR Gold Shares (+0.23%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (unchanged)
Suntec REIT (+0.30%)
Ascendas REIT (-0.42%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (+15.05%)
UOB MB eCW161031 (+12.20%)
KepCorp MB eCW161101 (+7.58%)
Singapore Stock Market
*ST Index 2,800.87 +37.45 2,763.42 +11.86
Volume: 673.9M 1,085.8M
Value: $798.1M $1,122M
Gainers/Losers: 247/126 172/212
Daily Market Commentary (Securities)
20 June 2016
The FBM KLCI index gained 10.05 points or 0.62% on Monday. The Finance Index increased 0.49% to 14104.19 points, the Properties Index up 0.36% to 1141.32 points and the Plantation Index rose 0.45% to 7602.24 points. The market traded within a range of 10.97 points between an intra-day high of 1635.51 and a low of 1624.54 during the session.
Actively traded stocks include VIVOCOM, AMEDIA, SKPETRO, FGV-C11, FGV, NETX-WB, NEXGRAM, AAX-WA, BORNOIL and ARMADA. Trading volume increased to 1244.36 mil shares worth RM1409.19 mil as compared to Friday’s 1117.01 mil shares worth RM1420.57 mil.
Leading Movers were KLCC (+21 sen to RM7.59), CIMB (+8 sen to RM4.32), ASTRO (+5 sen to RM2.83), GENM (+7 sen to RM4.34) and IHH (+9 sen to RM6.49). Lagging Movers were SKPETRO (-3 sen to RM1.38), HLBANK (-12 sen to RM13.24), YTL (-1 sen to RM1.62), HLFG (-4 sen to RM14.16) and SIME (-2 sen to RM7.49). Market breadth was negative with 361 gainers as compared to 370 losers.
The KLCI closed 4.29 points higher at 1825.54, despite losses in Wall Street on last Friday. The gained in our benchmark index was underpinned by buying in heavyweight counters, led by KLCC.
Date As of: 20 June 2016
Description Volume Value Frequency
ETF 1,600 666,500 14
Stock 6,061,184,686 5,089,611,324,046 225,895
Right 43,844,786 585,817,666 382
Warrant 16,313,400 83,886,500 231
Total 6,121,344,472 5,090,281,694,712 226,522
As of 20 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,243.02 5,422.53 820.49
Proprietary 4,336.91 4,198.65 138.26
Foreign 9,404.59 8,222.90 1,181.69
Individual 22,965.26 25,105.69 -2,140.44
Total Trading Value 42,949.78 M.Baht
SE Asia Stocks-Rally as Brexit concerns wane
Most Southeast Asian stocks rose on Monday, in line with Asian peers, as increased possibility of Britain remaining in the European Union lifted risk appetite across the board.
Britons will cast their votes this Thursday in a referendum on whether to quit the EU.
The implied probability of a British vote to remain in the European Union rose to 72 percent on Monday, up from a range
between 60 and 67 percent on Friday, according to Betfair betting odds. urn:newsml:reuters.com:*:nU8N16U02K
Three opinion polls ahead of Thursday's vote also showed the 'Remain' camp recovering some momentum, although the overall
picture remained one of an evenly split electorate.
"Perception is that the British public is likely to vote in favour of remaining in the EU. If that is the case, it would remove the overhang of risk in the markets," said Nirgunan Tiruchelvam, an analyst with Religare Capital Markets in Singapore.
There were fears that a "no" vote would be disruptive to the markets and that seems to have dissipated, he added.
Safe-haven assets and currencies like gold, government bonds and the yen retreated, while higher oil prices bolstered
Singapore stocks .STI closed more than 1 percent higher, led by oil and gas stocks, as a weaker dollar and easing worries
over Britain's possible exit from the EU helped support crude prices.
Keppel Corp Ltd KPLM.SI rose 2.2 percent, while Sembcorp Indu stries Ltd SCIL.SI gained 3.3 percent.
The Philippine market .PSI closed 0.6 percent higher, with consumer cyclicals such as SM Investments Corp SM.PS and
Bloomberry Resorts Corp BLOOM.PS leading the gainers.
"We are nearing our presidential inauguration. Things are looking more positive for the Philippines," said Joseph Roxas,
an a nalyst with Eagle Equities.
"There is a lot of hope in the incoming president."
Philippines President-elect Rodrigo Duterte is to begin a six-year term on June 30.
The new economic team under Duterte on Monday promised changes to boost infrastructure, fix traffic woes, improve
investment frameworks and maintain the country's robust economic grow th.
Vietnam .VNI was up more than 1 percent, as oil and gasstocks such as Petrovietnam Gas Joint Stock Corp GAS.HM rose,
while Indonesia .JKSE ended higher, helped by energy shares.
Earlier, Asian stocks gained, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 1.3
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2800.87 2763.42 1.36
Bangkok 1421.99 1421.32 0.05
Manila 7665.33 7622.07 0.57
Jakarta 4863.531 4835.143 0.59
Kuala Lumpur 1634.23 1624.18 0.62
Ho Chi Minh 626.46 619.25 1.16