ASEAN KEY DESTINATIONS
29 June 2016
The Straits Times Index (STI) ended 36.2 points or 1.31% higher to 2792.73, taking the year-to-date performance to -3.12%.
The top active stocks today were SingTel, which gained 1.25%, DBS, which gained 1.50%, UOB, which gained 1.53%, OCBC Bank, which gained 1.19% and CapitaLand, with a 2.38% advance.
The FTSE ST Mid Cap Index gained 0.43%, while the FTSE ST Small Cap Index rose 0.59%.
The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 2.28%. The two biggest stocks of the Index - Keppel Infrastructure Trust and SIIC Environment Holdings – ended 1.03% higher and 2.50% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.92%. Midas Holdings shares declined 1.92% and Geo Energy Resources remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.71%)
DBXT MSCI Korea ETF 10 (+3.76%)
IS MSCI India 100 (+1.50%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (+3.32%)
Frasers L&I Trust (+1.62%)
Ascendas REIT (+1.24%)
The most active index warrants by value today were:
DBS MB eCW161031 (+6.67%)
The most active stock warrants by value today were:
DBS MB eCW161031 (+4.17%)
UOB MB eCW161031 (+11.77%)
Singapore Stock Market
*ST Index 2,792.73 +36.2 2,756.53 +26.68
Volume: 1,029.5M 1,129.1M
Value: $1,036.2M $1,138M
Gainers/Losers: 262/135 232/139
Daily Market Commentary (Securities)
29 June 2016
The FBM KLCI index gained 8.17 points or 0.50% on Wednesday. The Finance Index increased 0.51% to 14109.36 points, the Properties Index up 0.61% to 1137.06 points and the Plantation Index rose 0.32% to 7574.63 points. The market traded within a range of 12.81 points between an intra-day high of 1643.32 and a low of 1630.51 during the session.
Actively traded stocks include VIVOCOM, MBSB-OR, VIVOCOM-WB, SKPETRO, TRIVE, ARMADA, HSI-H27, HSI-C30, KNM and HSI-C22. Trading volume decreased to 1346.43 mil shares worth RM1542.18 mil as compared to Tuesday�s 1470.26 mil shares worth RM1609.28 mil.
Leading Movers were HLFG (+38 sen to RM14.30), SKPETRO (+3 sen to RM1.45), MISC (+15 sen to RM7.48), AMMB (+6 sen to RM4.39) and YTL (+2 sen to RM1.63). Lagging Movers were MAYBANK (-7 sen to RM8.12) and GENM (-2 sen to RM4.40). Market breadth was positive with 463 gainers as compared to 302 losers.
The day ended with the KLCI closing higher at 1642.21 points. The performance of our benchmark index was in line with overnight gains in Wall Street as investors speculated that policy makers are committed to limit the fallout from the U.K.�s exit.
Thai alternative bourse launches "Company Snapshot" on July 1
BANGKOK, June 29, 2016 -Market for Alternative Investment (mai) introduces "Company Snapshot," a snapshot of financial and non-financial information of listed firms, making it quick and easy for investors to understand and use as investment decision-making tools, underlining mai's plan to promote quality of listed firms through investor relations function.
mai President Prapan Charoenprawatt stated, " We have created this template for mai-listed firms to fill in data and information essential for investor needs so that each firm can disseminate the snapshot on its own website. Company Snapshot will provide such information supporting investor decision making as key issue summary from Form 56-1, annual report, company profile and performance. Key information includes business plan, investment highlights, company news, risk factors and other interesting issues. Company Snapshot will be also available for the public through websites of Thai Value Investor, ThailistedCompany.com by Shareinvestor Thailand and RYT9.
Company Snapshot will be launched in "mai FORUM 2016" on July 1, 2016 at Centara Grand at CentralWorld Hotel in downtown Bangkok, a major annual event where mai-listed companies gather together exclusively for their shareholders and investors to meet, discuss and learn from each other directly.
As of 29 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 12,397.35 6,756.03 5,641.32
Proprietary 7,189.11 6,440.49 748.61
Foreign 12,012.31 12,306.85 -294.54
Individual 31,145.02 37,240.41 -6,095.39
Total Trading Value 62,743.79 M.Bah
SE Asia Stocks-Rally as Brexit impact fades; Jakarta near 1-yr high
Southeast Asian stock markets rallied on Wednesday, in line with Asian peers, as the immediate impact of Britain's vote to leave the European Union began to fade and investors bet central banks would have to ride to the rescue with more stimulus measures.
Aiding sentiment was data showing the U.S. economy grew at a 1.1 percent annualised rate in the first quarter, rather than
the 0.8 percent pace reported last month.
The impact of Brexit on the markets will be temporary, with the broader southeast Asian markets taking cues from global
markets following the solid U.S. economic data, said analyst Arief Budiman of Ciptadana Securities in Jakarta.
Any bounce was welcome, given global equity markets shed $3 trillion in value in the two sessions following Britain's shock
vote, according to S&P Dow Jones Indices.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1 percent to recoup around one-third of
Indonesian shares .JKSE jumped 2 percent to their highest since July 3, 2015, extending gains into a third session, aided
by the tax amnesty bill that is expected to create inflow of repatriated funds. urn:newsml:reuters.com:*:nL4N19K2HP
"We are not waiting for Godot ... (The impact of the bill could include) lower bond yield, which means potential higher
market valuation and lower funding cost," said analyst Isnaputra Iskandar of Maybank Kim Eng Securities in a note.
Indonesia's central bank governor expects the bill to help boost the country's economic growth rate to around 5.2-5.3
percent this year, from 4.8 percent last year.
Philippine stocks .PSI bounced back from Tuesday's loss and closed 1.7 percent higher, after the Finance Department said
the government budget surplus widened to 55 billion pesos ($1.17 billion) in April urn:newsml:reuters.com:*:nP9N18701X
Singapore shares .STI ended up 1.3 percent, with financial stocks such as DBS Group Holdings Ltd DBSM.SI leading the
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2792.73 2756.53 1.31
Bangkok 1442.66 1437.42 0.36
Manila 7798.53 7666.69 1.72
Jakarta 4980.105 4882.171 2.01
Kuala Lumpur 1642.21 1634.04 0.50
Ho Chi Minh 630.12 622.2 1.27