ASEAN KEY DESTINATIONS
Daily Market Commentary (Securities)
21 June 2016
The FBM KLCI index gained 3.46 points or 0.21% on Tuesday. The Finance Index increased 0.18% to 14129.17 points, the Properties Index up 0.63% to 1148.51 points and the Plantation Index down 0.56% to 7559.97 points. The market traded within a range of 7.39 points between an intra-day high of 1637.69 and a low of 1630.30 during the session.
Actively traded stocks include VIVOCOM, TRIVE, HUBLINE-WB, NEXGRAM, SANICHI, TRIVE-WA, AIRASIA, COMCORP, HIS-C21 and AIRASIAC33. Trading volume increased to 1348.59 mil shares worth RM1453.20 mil as compared to Monday’s 1244.36 mil shares worth RM1409.19 mil.
Leading Movers were SKPETRO (+4 sen to RM1.42), ASTRO (+7 sen to RM2.90), YTL (+4 sen to RM1.66), GENM (+5 sen to RM4.39) and MAXIS (+6 sen to RM5.79). Lagging Movers were AXIATA (-10 sen to RM5.48), MISC (-7 sen to RM7.39), BAT (-36 sen to RM50.00), HLFG (-8 sen to RM14.08) and WPRTS (-2 sen to RM4.28). Market breadth was positive with 371 gainers as compared to 370 losers.
The KLCI closed flat with 3.46 points higher at 1637.69 points amid overnight gains in US market. The performance of our local bourse was limited as profit taking kicked in.
Date As of: 21 June 2016
Description Volume Value Frequency
ETF 22,100 2,856,200 19
Stock 8,095,493,169 6,540,654,840,286 291,018
Right 66,355,800 368,222,100 1,349
Warrant 32,446,300 106,833,100 484
Total 8,194,317,369 6,541,132,751,686 292,870
As of 21 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,088.93 3,633.71 1,455.23
Proprietary 4,931.26 4,912.73 18.54
Foreign 10,779.33 10,923.67 -144.34
Individual 27,348.65 28,678.07 -1,329.43
Total Trading Value 48,148.17 M.Baht
SE Asia Stocks-Rise as Brexit concerns dim; Philippines leads
Most Southeast Asian stocks rose on Tuesday, in line with Asian markets, amid growing expectations
that Britons would vote to remain in the European Union in Thursday's referendum.
Investors were also cautious ahead of U.S. Federal Reserve Chair Janet Yellen's two-day testimony before Congress starting
later on Tuesday.
Two opinion polls on Monday suggested that the "Remain" camp had recovered some ground in the referendum debate following the
murder of a pro-EU lawmaker.
The sterling hit a seven-week high against the dollar on Tuesday, rising 0.4 percent to $1.4747. On Monday, it climbed
2.1 percent against the dollar, its biggest one-day gain since late 2008.
A British vote to leave the EU would trigger a bigger and more disruptive sterling devaluation than the fall on Black
Wednesday, said billionaire investor George Soros.
The Philippine stock index .PSI outperformed peers to close more than 1 percent higher, its fifth straight session of
gains in its longest streak of daily gains since April.
Waning concerns around Brexit along with an encouraging outlook towards FDI with the new government are helping the
Philippine market, said Grace Aller of AP Securities in Manila.
Philippine President-elect Rodrigo Duterte's new economic team on Monday promised sweeping changes to boost infrastructure
and maintain the country's robust economic growth. Duterte is to begin his six-year term on June 30.
Investors are also keeping a keen eye out for the Philippine central bank's policy meeting on Thursday, where the apex bank
is expected to keep key policy rates steady, a Reuters poll showed.
The Thai index .SETI rose 0.6 percent as auto sales in May grew at their fastest annual pace in more than three years,
helped by government measures to boost spending.
Jakarta .JKSE and Malaysia .KLSE edged up, while Singapore .STI fell marginally, dragged down by industrial
Asian shares climbed, with the MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 0.5 percent
in late afternoon trade.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 2789.45 2800.87 -0.41
Bangkok 1430.8 1421.99 0.62
Manila 7767.23 7665.33 1.33
Jakarta 4878.714 4863.531 0.31
Kuala Lumpur 1637.69 1634.23 0.21
Ho Chi Minh 628 626.46 0.25