ASEAN KEY DESTINATIONS
26 March 2015
The Straits Times Index (STI) ended +12.57 points higher or +0.37% to 3431.59, taking the year-to-date performance to +1.97%.
The FTSE ST Mid Cap Index gained +0.27% while the FTSE ST Small Cap Index gained +0.81%. The top active stocks were DBS (+0.89%), SingTel (+0.69%), Keppel Corp (+1.23%), CapitaLand (+1.97%) and Keppel Land (-0.44%).
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+1.59%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.23%) and Sembcorp Industries (+1.40%). The underperforming sector was the FTSE ST Consumer Services Index, which declined -0.81% with Jardine Cycle & Carriage’s share price declining -0.15% and Genting Singapore’s share price declining -1.08%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (+1.78%), STI ETF (+0.88%), LYXOR China H (-0.12%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaCom Trust (+1.14%), CapitaMall Trust (+0.46%), Ascendas REIT (+0.39%).
The most active index warrants by value today were HSI24400MBeCW150429 (-5.22%), HSI25000MBeCW150429 (-6.98%), HSI24800MBeCW150528 (-4.27%).
The most active stock warrants by value today were DBS MB eCW150915 (+4.73%), UOB MB eCW150701 (+4.31%), KepCorp MBeCW150901 (+8.33%).
Singapore Stock Market
*ST Index 3,431.59 +12.57 3,419.02 +5.76
Volume: 1,502.9M 1,240.8M
Value: $1,214.4M $950.6M
Gainers/Losers: 249/160 240/167
Daily Market Commentary (Securities)
26 March 2015
The FBM KLCI index lost 0.68 points or 0.04% on Thursday. The Finance Index increased 0.12% to 16100.75 points, the Properties Index up 0.23% to 1305.57 points and the Plantation Index down 0.27% to 7786.49 points. The market traded within a range of 5.11 points between an intra-day high of 1820.52 and a low of 1815.41 during the session.
Actively traded stocks include ASIABIO, SUMATEC, PRIVA, GENETEC, PERISAI, DAYA, ESCERAM, KNM, SUMATEC-WB and XINGHE. Trading volume increased to 2442.91 mil shares worth RM1955.08 mil as compared to Wednesday’s 2039.22 mil shares worth RM2122.13 mil.
Leading Movers were SKPETRO (+8 sen to RM2.40), PETDAG (+22 sen to RM19.60), GENTING (+5 sen to RM8.75), HLBANK (+8 sen to RM14.26) and PBBANK (+4 sen to RM18.60). Lagging Movers were ASTRO (-5 sen to RM3.18), PETCHEM (-7 sen to RM5.43), GENM (-5 sen to RM4.12), HLFG (-16 sen to RM16.80) and BAT (-62 sen to RM69.38). Market breadth was positive with 426 gainers as compared to 397 losers.
The KLCI shed 0.68 points to 1818.42, amid overnight losses in US market due to weaker economic data. Market sentiment was bearish following the escalation of tension in the Middle East. The performance of our benchmark index was bogged down by losses in heavyweight counters such as Astro, Petronas Chemical and Genting.
As of 16 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
nstitution 3,762.37 2,758.31 1,004.07
Proprietary 4,342.23 4,580.55 -238.32
Foreign 8,596.63 9,789.85 -1,193.22
Individual 18,423.02 17,995.55 427.47
Total Trading Value 35,124.26 M.Baht
Vietnam index at 2-1/2-mth low, PetroVietNam Gas leads
Vietnam's benchmark VN Index dropped 0.85 percent to close on Thursday at its lowest since Jan. 8, led by extended selling in PetroVietNam Gas , the country's top firm by market value.
GAS shares tripped 4.29 percent further from its 2-1/2-month low close of the previous session, while food producer Masan Group declined 2.53 percent to its four-year low close at 77,000 dong.
Volume fell to near a one-week low at 83.8 million shares, while foreign investors offloaded a net 266 billion dong worth of Vietnamese shares on Thursday, their fourth straight net selling session.
"We strongly recommend investor to stay out of the market and avoid bargain hunting when the market trend is still unclear," said Vietcombank Securities in a note to clients on Thursday.
Here is a snapshot of the VN Index at the close
VN Index 556.16
PREV. CLOSE 560.93
% CHANGE -0.85%
SE Asia Stocks -Thailand closes near 3-month low; energy shares gain
Most Southeast Asian stock markets ended weaker on Thursday, with Thailand near its lowest in more than three months, tracking losses in regional markets though energy shares gained as crude prices rose sharply amid escalating tensions in the Middle East.
Risk appetite was hit from news Saudi Arabia and its Gulf Arab allies had launched air strikes in Yemen against Houthi fighters who have tightened their grip on the southern city of Aden.
Brent futures were up $2.27 at $58.75 by 1034 GMT. U.S. crude was up $2.03 at $51.24 a barrel.
Thailand's SET index fell 1.1 percent to close at its lowest since Jan. 6, led by financials. Foreign investors sold a net $36.69 million worth of shares.
Thai energy shares bucked the trend, with PCC Exploration and Production PCL and PTT gaining 5.2 percent and 0.3 percent, respectively.
Indonesia's Jakarta Composite Index fell 0.7 percent to a five-week closing low amid a net foreign outflow of $25.18 million, while the Malaysian stock index ended marginally lower.
Vietnam's benchmark VN Index dropped 0.9 percent to close at its lowest since Jan. 8, led by extended selling in PetroVietNam Gas <GAS.HM> , the country's top firm by market value.
Weakness in regional currencies with Malaysia's ringgit and Indonesia's rupiah down on corporate dollar demand, also weighed on stocks.
The Philippine stock index recovered from early losses and closed 0.4 percent up.
After the market closed, the Philippine central bank left its benchmark interest rate unchanged, as expected, saying inflation will stay well within its comfort range this year and next while economic growth is expected to remain robust.
Singapore's key stock index ended 0.4 percent firmer.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3431.59 3419.02 +0.37
Kuala Lumpur 1818.42 1819.10 -0.04
Bangkok 1496.41 1512.80 -1.08
Jakarta 5368.80 5405.49 -0.68
Manila 7871.10 7836.34 +0.44
Ho Chi Minh 556.16 560.93 -0.85