ASEAN KEY DESTINATIONS
09 June 2015
The Straits Times Index (STI) ended 25.2 points or 0.76% lower to 3295.13, taking the year-to-date performance to -2.08%.
The top active stocks today were DBS, which gained 1.69%, Singtel, which gained 0.49%, UOB, which gained 0.79%, Noble, which declined 6.38% and Keppel Corp, with a 1.06% fall.
The FTSE ST Mid Cap Index declined 1.06%, while the FTSE ST Small Cap Index declined 1.16%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.83%. The two biggest stocks of the Index - Silverlake Axis and STATS ChipPAC – ended 3.67% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 2.90%. Jardine Matheson Holdings shares declined 4.53% and Jardine Strategic Holdings declined 4.93%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.30%)
IS MSCI India (+0.28%)
DBXT MSCI Indonesia ETF (-1.79%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.42%)
CapitaLand Commercial Trust (-2.24%)
CapitaLand Mall Trust (-2.82%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW150915 (+23.42%)
UOB MB eCW151001 (+6.48%)
KepCorp MBeCW151102 (unchanged)
Singapore Stock Market
*ST Index 3,295.13 -25.2 3,320.33 -13.34
Volume: 1,399.2M 1,417.1M
Value: $1,322.4M $1,010.4M
Gainers/Losers: 122/325 139/297
Daily Market Commentary (Securities)
09 June 2015
The FBM KLCI index lost 10.40 points or 0.60% on Tuesday. The Finance Index fell 0.11% to 15522.27 points, the Properties Index dropped 0.30% to 1256.28 points and the Plantation Index down 0.56% to 7355.55 points. The market traded within a range of 8.84 points between an intra-day high of 1738.76 and a low of 1729.92 during the session.
Actively traded stocks include DOLPHIN, KANGER, VSOLAR, FRONTKN, IFCAMSC, K1, YONGTAI-OR, SKPRES, APFT and SKPRES-WA. Trading volume increased to 1329.70 mil shares worth RM1465.37 mil as compared to Monday’s 1239.75 mil shares worth RM1382.19 mil.
Leading Movers were GENM (+2 sen to RM4.22), PBBANK (+6 sen to RM18.74) and AMMB (+1 sen to RM6.31). Lagging Movers were MAXIS (-19 sen to RM6.65), SKPETRO (-7 sen to RM2.58), ASTRO (-6 sen to RM3.04), TM (-12 sen to RM6.60) and PPB (-24 sen to RM14.66). Market breadth was negative with 221 gainers as compared to 605 losers.
The KLCI extended its losing streak by ended lower at 1729.05 points. Market sentiment remained negative after the plunge in ringgit to nine-year low and the drop in crude oil prices.
Date As of: 09 June 2015
Description Volume Value Frequency
ETF 105,500 70,098,000 43
Stock 5,979,546,751 7,749,557,945,505 224,501
Warrant 9,913,600 312,371,500 477
Total 5,989,565,851 7,749,940,415,005 225,021
As of 9 June 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 2,447.48 3,115.36 -667.88
Proprietary 3,289.91 4,141.89 -851.98
Foreign 8,297.70 8,797.03 -499.33
Individual 27,112.39 25,093.20 2,019.19
Total Trading Value 41,147.47 M.Baht
Vietnam index eases 0.2 pct, all banks drop
Vietnam's benchmark VN Index dropped 0.23 percent by midday on Tuesday, driven by profit-selling that pushed down all bank stocks, a day after volume hit an eight-month high.
Volume by Tuesday's break totalled 80.41 million shares, slightly below Monday's morning session of 96 million and the five-day average of 132.11 million shares.
On Monday, volume soared to its highest level since October 2014, partly fuelled by foreigners'
On Tuesday, investors took profits in bank stocks, resulting in shares of all six listed lenders losing ground, led by BIDV , the country's biggest partly private bank in terms of assets, which fell 1.83 percent.
Here is a snapshot of the VN Index at midday
VN Index 578.49
PREV. CLOSE 579.83
% CHANGE -0.23%
SE Asia Stocks-Down amid foreign outflow; Indonesia ends at 11-month low
Southeast Asian stock markets closed weaker on Tuesday, led by Indonesia and the Philippines as weaker currencies and concerns over an early rate hike by the Federal Reserve weighed on sentiment.
The declines were exacerbated by foreign investors exit from major regional markets.
The Jakarta Composite Index fell 2.3 percent to 4,899.88, its lowest close since July 4, 2014, led by financials amid fears over possibility of a U.S. rate hike as early as September and further weakening of rupiah .
The rupiah is emerging Asia's worst performing currency this year, having lost about 7.5 percent year-to-date against the dollar. It has reached multiple 17-year lows since last week.
"At the moment, I think we are being held hostage by the prospect of the Fed rate hike which could occur in the later part of this year," said Harry Su, head of research at Jakarta-based broker Bahana Securities.
Jakarta saw a net foreign outflow of $76.92 million, while Malaysia witnessed $53.45 million of net foreign selling, and Philippines saw $27.56 million outflow. Thailand saw a net selling of $14.80 million.
Philippines stock index fell 2.2 percent to close at its lowest level since Jan. 7, a day after the Philippine peso <PHP=> hit more than one-year low.
On Tuesday, Philippine's central bank governor said the monetary authority will let market forces determine the exchange rate and intervene only to deal with sharp currency swings.
Singapore closed 0.8 percent down at five-month low, Malaysia fell 0.6 percent to 1,729.05, its lowest since Jan. 6, and Vietnam ended 0.9 percent down, surrendering early gains.
Thailand closed 1.1 percent weaker.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3295.13 3320.33 -0.76
Kuala Lumpur 1729.05 1739.45 -0.60
Bangkok 1492.32 1508.28 -1.06
Jakarta 4899.88 5014.99 -2.30
Manila 7323.44 7484.89 -2.16
Ho Chi Minh 574.47 579.83 -0.92