ASEAN KEY DESTINATIONS
12 March 2015
The Straits Times Index (STI) ended -4.99 points lower or -0.15% to 3373.6, taking the year-to-date performance to +0.25%.
The FTSE ST Mid Cap Index gained +0.20% while the FTSE ST Small Cap Index gained +0.16%. The top active stocks were SingTel (unchanged), DBS (-0.36%), OCBC Bank (-0.19%), UOB (-0.40%) and Keppel Land (+0.44%).
The outperforming sectors today were represented by the FTSE ST Utilities Index (+1.23%). The two biggest stocks of the FTSE ST Utilities Index are United Envirotech (+0.31%) and Hyflux (+0.58%). The underperforming sector was the FTSE ST Industrials Index, which declined -0.74% with Jardine Matheson Holdings ’s share price declining -1.60% and Jardine Strategic Holdings ’s share price declining -0.35%.
The three most active Exchange Traded Funds (ETFs) by value today were the DBXT FT China 25 ETF (+0.52%), SPDR Gold Shares (-0.17%), STI ETF (unchanged).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCom Trust (-0.88%), Ascendas REIT (-0.40%), Suntec REIT (+1.64%).
The most active index warrants by value today were HSI24400MBeCW150429 (+5.50%), HSI25000MBeCW150429 (+4.84%), HSI23800MBePW150330 (-12.26%).
The most active stock warrants by value today were OCBC Bk MBeCW150803 (-1.06%), DBS MB eCW150420 (-7.14%), UOB MB eCW150701 (-5.04%).
Singapore Stock Market
*ST Index 3,373.6 -4.99 3,378.59 -19.67
Volume: 1,274.3M 1,357.8M
Value: $1,012.5M $1,215M
Gainers/Losers: 188/228 114/309
Daily Market Commentary (Securities)
12 March 2015
The FBM KLCI index gained 8.71 points or 0.49% on Thursday. The Finance Index increased 0.51% to 15869.72 points, the Properties Index up 0.69% to 1312.96 points and the Plantation Index rose 0.08% to 7787.29 points. The market traded within a range of 9.27 points between an intra-day high of 1789.92 and a low of 1780.65 during the session.
Actively traded stocks include ETITECH, GENETEC, WINTONI, INGENCO, XINGHE, NOVAMSC, NETX, PRIVA, LEESK and HHHCORP. Trading volume increased to 2948.39 mil shares worth RM2187.72 mil as compared to Wednesday’s 2505.13 mil shares worth RM2239.25 mil.
Leading Movers were YTL (+4 sen to RM1.59), GENTING (+19 sen to RM8.33), AXIATA (+11 sen to RM7.09), BAT (+96 sen to RM68.80) and UMW (+12 sen to RM10.78). Lagging Movers were RHBCAP (-12 sen to RM7.74), ASTRO (-4 sen to RM3.05), PETDAG (-12 sen to RM18.44), FGV (-1 sen to RM2.17) and PPB (-4 sen to RM14.42). Market breadth was positive with 537 gainers as compared to 313 losers.
The KLCI rose 8.71 points to 1786.87, despite the negative overnight performance in US markets. Asian markets climbed after an unexpected interest rate cut in South Korea and better-than-expected jobs data in Australia. The performance in our benchmark index was supported by buying interest in heavyweights counters such as YTL Corp and Genting.
Date As of: 12 March 2015
Description Volume Value Frequency
Total 5,774,931,417 5,390,502,467,761 211,123
ETF 1,082,400 106,717,600 12
Stock 5,740,554,036 5,388,975,313,855 210,033
Warrant 33,294,981 1,420,436,306 1,078
Thai bourse market report for February 2015
Bangkok, March 12, 2015 - The Stock Exchange of Thailand (SET) main index ended February at 1,587.01 points, up 0.4 percent from a month earlier, or up 6 percent from end-2014, in spite of concerns over Greece's debt and Thai listed companies' performance in the final quarter of last year. Meanwhile, the combined average trading value of SET and mai doubled to THB 59.51 billion (approx. USD 1.8 billion), while the market capitalization of SET was THB 14.86 trillion and mai was THB 452.53 billion. As a result, as of February, 2015, Thai bourse's market capitalization surpassed Bursa Malaysia's, as such ranking second in ASEAN.
Key highlights for February
- SET Index closed at 1,587.01 points at the end of February, up 0.4 percent from the end of January, or up 6 percent from the end of 2014.
- At the end of February, the combined market capitalization of SET and mai increased continuously from a month earlier: the SET's was THB 14.86 trillion, up 1.04 percent from a month earlier, or up 7.27 percent from end-2014, while mai's was THB 452.53 billion, up 12.02 percent from a month earlier, or up 18.13 percent from end-2014. The combined market capitalization of SET and mai recorded higher than Bursa Malaysia's and can therefore be considered as ranking second in ASEAN, after SGX's.
- The forward P/E ratio of SET was 15.22 times, while mai's was 23.25 times.
- The dividend yield of SET was 2.82 percent, while mai's was 0.58 percent.
- In February, the combined average trading value of SET and mai was THB 59.51 billion, more than double the value of the same period last year.
- Foreign investors were net sellers of equity market, worth THB 6.64 billion.
- Listed companies on SET and mai raised funds through equity worth a combined THB 62 billion. In the primary market, THB 58.72 billion was raised from initial public offerings (IPOs) of three companies and one infrastructure fund on SET, while THB 3.25 billion was raised from the secondary market. From January to February 2015, the combined fundraising of listed companies on SET and mai was THB 72.05 billion, a 7.4 times jump over the same period of last year.
- In February, derivatives trading volume was 222,051 contracts, up 21 percent from a month earlier, mostly due to an increase in single stock futures, whose average trading volume was 132,252 contracts.
As of 12 March 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,618.82 5,015.52 -396.70
Proprietary 4,701.07 4,107.61 593.46
Foreign 9,538.79 9,952.86 -414.08
Individual 24,366.36 24,149.04 217.32
Total Trading Value 43,225.03 M.Baht
Vietnam index rises 0.3 pct, volume drops
Vietnam's benchmark VN Index ended up 0.3 percent on Thursday in lower volume as investors preferred to remain on the sidelines to gauge the direction of the market.
The index closed at 588.53, but volume dropped to 82.74 million shares on Thursday, from 86.32 million the previous day and also below the five-day average level of 94.95 million.
Buyers and sellers were not active, having reduced their activities as if they want to test each other's reaction, FPT Securities said in a daily report.
Baoviet Holdings , Vietnam's top insurer, rose 1.34 percent, followed by Vinamilk , the country's largest dairy product maker, which gained 0.93 percent, and Vietcombank , the largest listed lender, that advanced 0.82 percent.
Here is a snapshot of the VN Index at the close
VN Index 588.53
PREV. CLOSE 586.54
% CHANGE 0.34%
SE Asia Stocks-Most rebound; dividend-yielding stocks lift Thai index
Southeast Asian stock markets mostly gained on Thursday amid easing monetary policies in Asia, with Thai shares recovering from early losses as investors bought dividend-yielding stocks amid a low interest rate environment.
The Thai key SET index closed up 0.03 percent, led by shares of telecoms group Intouch Holdings and Total Access Communication , both carrying a forward dividend yield of over 6 percent.
Banking shares eased 0.3 percent as players weighed in the risk of lower interest rates on earnings of commercial banks. The central bank surprised the market with an interest rate cut on Wednesday to help revive the slowing local economy.
Malaysia rebounded from a seven-week closing low while Indonesia , the Philippines and Vietnam all reversed the declines of Wednesday.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.8 percent after a surprise interest rate cut by South Korea's central bank on Thursday, joining Thailand and other countries in Asia.
Bucking the trend, Singapore's index edged down 0.2 percent, erasing a small rise earlier in the day. Banking stocks were among actively traded, with DBS Group Holdings and United Overseas Bank both closing about 0.4 percent lower.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3373.60 3378.59 -0.15
Kuala Lumpur 1786.87 1778.16 +0.49
Bangkok 1544.34 1543.84 +0.03
Jakarta 5439.83 5419.57 +0.37
Manila 7839.82 7790.70 +0.63
Ho Chi Minh 588.53 586.54 +0.34