ASEAN KEY DESTINATIONS
23 June 2016
The Straits Times Index (STI) ended 7.72 points or 0.28% higher to 2793.85, taking the year-to-date performance to -3.08%.
The top active stocks today were DBS, which declined 0.31%, SingTel, which gained 0.52%, HTL International, which gained 16.77%, OCBC Bank, which gained 0.59% and SingPost, with a 2.33% fall.
The FTSE ST Mid Cap Index declined 0.25%, while the FTSE ST Small Cap Index rose 0.25%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 1.91%. The two biggest stocks of the Index - Midas Holdings and Geo Energy Resources – ended 4.00% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 0.48%. Jardine Matheson Holdings shares declined 0.46% and Jardine Strategic Holdings declined 0.34%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India 100 (+2.65%)
STI ETF (unchanged)
SPDR Gold Shares (+0.18%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.43%)
Capitamall Trust (-0.49%)
Capitacom Trust (-1.76%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (-4.55%)
UOB MB eCW161031 (+1.12%)
DBS MB ePW161003 (+4.76%)
Singapore Stock Market
*ST Index 2,793.85 +7.72 2,786.13 -3.32
Volume: 752.9M 791.3M
Value: $690.5M $781.6M
Gainers/Losers: 192/167 175/189
Daily Market Commentary (Securities)
23 June 2016
The FBM KLCI index gained 2.29 points or 0.14% on Thursday. The Finance Index increased 0.02% to 14131.36 points, the Properties Index dropped 0.27% to 1145.41 points and the Plantation Index rose 0.20% to 7575.2 points. The market traded within a range of 7.21 points between an intra-day high of 1642.15 and a low of 1634.94 during the session.
Actively traded stocks include OCR-PR, TRIVE, HIAPTEK, AIRASIA, COMCORP, BORNOIL, ARMADA, HSI-C21, SKPETRO and NEXGRAM. Trading volume decreased to 1107.27 mil shares worth RM1439.34 mil as compared to Tuesday’s 1244.36 mil shares worth RM1409.19 mil.
Leading Movers were GENM (+11 sen to RM4.50), TENAGA (+24 sen to RM14.24), MAXIS (+6 sen to RM5.85), CIMB (+4 sen to RM4.34) and KLK (+12 sen to RM23.20). Lagging Movers were YTL (-2 sen to RM1.64), WPRTS (-5 sen to RM4.23), SIME (-7 sen to RM7.45), SKPETRO (-1 sen to RM1.41) and DIGI (-3 sen to RM4.65). Market breadth was negative with 305 gainers as compared to 406 losers.
The KLCI closed flat by ended 2.29 points higher at 1639.98 points despite overnight losses in Wall Street on concern of Brexit vote. Market sentiment was muted as lack of fresh lead.
Date As of: 23 June 2016
Description Volume Value Frequency
ETF 29,900 18,182,500 11
Stock 7,292,451,759 5,007,757,225,254 231,956
Warrant 98,790,800 25,460,813,900 220
Total 7,391,272,459 5,033,236,221,654 232,187
Thai bourse continues to cultivate young generation in capital market career
BANGKOK, June 23, 2016 - The Stock Exchange of Thailand (SET), together with Thai Investor Relations Club (TIRC) under Thai Listed Companies Association (TLCA), will organize "Young Corporate Financial Officer 2016" training program for the third consecutive year, during June 23-July 2, 2016 in Bangkok to prepare university students for their career as investor relations and financial analyst professionals, aiming at crafting professionals for the Thai capital market.
SET President Kesara Manchusree said, "To promote sustainable growth of the capital market in all dimensions and across the board from product and service enhancement to capital market's professional cultivation, SET and TIRC have organized this special training program. We aim to prepare bright young investor relations and financial analyst professionals for the Thai capital market. The program embraces 71 university students in finance and economics from universities in SET's university network project nationwide."
The program would provide exclusive workshops, focusing on how to be qualified investor relations and financial analyst professionals, currently in high market demand. Significantly, students could have the opportunity to present their case studies to executives from leading listed firms and capital market sector full of practical lessons learned, added Kesara.
TIRC President Surayuth Thavikulwat said that the students who joined this program would gain knowledge and experience directly via advice from leading executives of listed firms, investor relations professionals, financial analysts and lecturers as well as attending company visit and gaining internship opportunities in various listed companies. This precious and rare training program could really motivate the youth to prepare themselves to become professionals in listed companies, for the ultimate benefit of the Thai capital
market as a whole.
As of 13 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,291.22 6,625.97 -2,334.75
Proprietary 5,753.21 4,946.35 806.86
Foreign 10,587.06 9,298.99 1,288.07
Individual 25,070.72 24,830.90 239.82
Total Trading Value 45,702.21 M.Baht
SE Asia Stocks-Cautious as Brexit vote begins; Vietnam, Thailand up
Most Southeast Asian stocks edged higher as cautious investors kept a keen eye out for Britons voting to decide the future of their country in a referendum on Thursday, even as bookmakers' odds shifted in favour of remaining in the European Union.
The sterling gained more than 1 percent to a 2016 high against the dollar in morning trade in London, with betting exchange Betfair showing odds of around 15 percent for a vote to leave, down from more than 40 percent a week ago before the killing of British lawmaker Jo Cox.
Asian markets remained erratic, thin and cautious, as investors remained largely on the sidelines ahead of the referendum as a closely fought vote meant any large positions taken before the outcome was vulnerable to being stopped out.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent while many markets in Asia were
flat to slightly negative.
Market volatility has already spiked in the run up to the referendum, with the CBOE Volatility index .VIX up 14 percent
on Wednesday alone as polls showed the outcome was too close to call.
In light of the Brexit vote, risk sentiment is affecting Southeast Asian markets, said Grace Aller of AP Securities in
Vietnam shares .VNI closed nearly 1 percent higher on expectations of upbeat corporate earnings, traders and analysts
said. Financial stocks led the gainers.
Vietcombank VCB.HM , Vietnam's top lender by market value, rose 2.6 pct.
Thai stocks .SETI closed higher, led by energy and financial stocks, with Thailand's fourth-largest lender by assets Kasikornbank KBANK.BK closing up 3.1 percent.
Philippine shares .PSI extended losses into a second straight session, dragged down by financial stocks.
The Philippine central bank kept its benchmark interest rate steady on Thursday, as expected, and said it was prepared to act
to contain any market volatility that might stem from Britain's vote on whether to exit the European Union.
Jakarta .JKSE ended lower, snapping four days of gains, weighed down by consumer stocks.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 2793.85 2786.13 0.28
Bangkok 1436.4 1424.68 0.82
Manila 7729.78 7756.37 -0.34
Jakarta 4874.309 4896.852 -0.46
Kuala Lumpur 1639.98 1637.69 0.14
Ho Chi Minh 632.27 626.41 0.94