ASEAN KEY DESTINATIONS
03 June 2015
The Straits Times Index (STI) ended 9.09 points or 0.27% higher to 3349.84, taking the year-to-date performance to -0.45%.
The top active stocks today were Singtel, which gained 2.26%, OCBC Bank, which gained 0.40%, DBS, which gained 1.31%, UOB, which gained 0.53% and Keppel Corp, with a 0.58% fall.
The FTSE ST Mid Cap Index declined 0.11%, while the FTSE ST Small Cap Index declined 0.16%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 2.02%. The two biggest stocks of the Index - Singtel and StarHub – ended 2.26% higher and 0.50% lower respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 1.02%. Jardine Matheson Holdings shares declined 0.63% and Jardine Strategic Holdings declined 0.71%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-2.73%)
STI ETF (+0.30%)
DBXT MSCI Indonesia ETF (-1.03%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.41%)
CapitaLand Commercial Trust (unchanged)
CapitaLand Mall Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW150915 (+8.49%)
UOB MB eCW151001 (+8.74%)
Singapore Stock Market
*ST Index 3,349.84 +9.09 3,340.75 -51.36
Volume: 1,315.1M 1,519.9M
Value: $1,502M $1,748.9M
Gainers/Losers: 199/249 135/340
Daily Market Commentary (Securities)
03 June 2015
The FBM KLCI index gained 7.80 points or 0.45% on Wednesday. The Finance Index fell 0.14% to 15516.86 points, the Properties Index up 0.45% to 1275.05 points and the Plantation Index rose 1.49% to 7468.56 points. The market traded within a range of 7.56 points between an intra-day high of 1750.68 and a low of 1743.12 during the session.
Actively traded stocks include NEXGRAM, STONE-OR, SKPRES-WA, CONNECT, KNM, VSOLAR, PERISAI, FRONTKN, XINQUAN-WA and SKPRES. Trading volume decreased to 1478.81 mil shares worth RM1986.67 mil as compared to Tuesday’s 1730.30 mil shares worth RM2147.28 mil.
Leading Movers were KLK (+92 sen to RM22.38), SIME (+28 sen to RM8.63), DIGI (+15 sen to RM5.79), YTL (+4 sen to RM1.59) and HLFG (+24 sen to RM15.62). Lagging Movers were CIMB (-14 sen to RM5.32), UMW (-14 sen to RM10.44), SKPETRO (-3 sen to RM2.72), GENM (-4 sen to RM4.20) and GENTING (-4 sen to RM8.31). Market breadth was positive with 444 gainers as compared to 358 losers.
The day ended with KLCI closing higher at 1749.17 points despite overnight losses in US market due to decline in US factory orders in April. Market breadth was positive, buoyed by bargain hunting.
Date As of: 03 June 2015
Description Volume Value Frequency
ETF 24,300 18,829,200 18
Stock 8,732,596,834 8,250,391,849,239 279,298
Warrant 7,271,600 271,850,700 424
Total 8,739,892,734 8,250,682,529,139 279,740
As of 2 June 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,250.57 2,781.49 469.09
Proprietary 4,311.35 4,582.08 -270.73
Foreign 9,097.17 9,944.54 -847.37
Individual 19,819.67 19,170.66 649.01
Total Trading Value 36,478.77 M.Baht
Vietnam index ends down 0.4 pct but most shares up
Vietnam's benchmark VN Index closed down 0.42 percent on Wednesday, led by Hanoi-based Vietcombank, Vietnam's top listed firm by value, despite gains in most other equities.
Shares of lender Vietcombank snapped a streak of four gains to fall 3.05 percent from its record high close in the previous session, while food producer Masan Group lost 3.59 percent and VietinBank declined 1.57 percent.
But nearly half the total equities rebounded from Tuesday's profit taking session, following a chain of rallies that led the index to over a 10-week high at the start of the week.
Volume stood at 125.47 million on Wednesday, slightly below the five-day average of 129.04 million, Reuters data showed.
Here is a snapshot of the VN Index at the close
VN Index 567.9
PREV. CLOSE 570.31
% CHANGE -0.42%
SE Asia Stocks -Most rebound; Thai banks up after finmin rate view
Most Southeast Asian stock markets staged a mild rebound on Wednesday, with the Thai index recovering from a near five-month closing low in the previous session as the finance minister's comment on interest rates lifted banking shares.
Bangkok's SET index ended the day up 0.4 percent at 1,482.07.
The banking subindex rose 0.6 percent, led by large cap Kasikornbank after Finance Minister Sommai Phasee said two recent interest rate cuts were already sufficient to help the struggling economy.
The subindex had hit a more than one-year low on Tuesday as further decline in May consumer prices raised expectations of a likely interest rate cut at the central bank's monetary policy committee meeting on June 10.
"The lower rate adds downside risk to net interest margins of banks and so, the market took the rate view positively," said senior analyst Pichai Lertsupongkij of Thanachart Securities.
Indonesia was an underperformer, with Jakarta's composite index sliding 1.6 percent to a near five-week closing low of 5,130.49.
Banking shares were among most actively traded, led by Bank Rakyat Indonesia , which dropped 4 percent, partly reflecting concerns about non-performing loans of the sector.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3349.84 3340.75 +0.27
Kuala Lumpur 1749.17 1741.37 +0.45
Bangkok 1482.07 1476.87 +0.35
Jakarta 5130.49 5213.82 -1.60
Manila 7561.67 7551.96 +0.13
Ho Chi Minh 567.90 570.31 -0.42