ASEAN KEY DESTINATIONS
02 March 2015
The Straits Times Index (STI) ended +1.03 points higher or +0.03% to 3403.89, taking the year-to-date performance to +1.15%.
The FTSE ST Mid Cap Index declined -0.39% while the FTSE ST Small Cap Index declined -1.14%. The top active stocks were SingTel (+0.47%), DBS (-1.48%), OCBC Bank (-0.86%), Noble (-3.08%) and UOB (-0.04%).
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+0.68%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+0.31%) and Thai Beverage (+2.14%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -3.44% with Midas Holdings’ share price gaining +1.61% and Geo Energy Resources’ share price declining -1.57%.
The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (-0.29%), IS MSCI India (+0.37%), SPDR Gold Shares (+1.10%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.62%), CapitaCom Trust (-0.57%), CapitaMall Trust (+1.90%).
The most active index warrants by value today were HSI25000MBeCW150330 (-7.69%), HSI24200MBePW150429 (-3.94%), HSI24400MBePW150330 (-7.32%).
The most active stock warrants by value today were OCBC Bk MBeCW150803 (-13.56%), UOB MB eCW150701 (-1.97%), DBS MB eCW150420 (-22.61%).
Daily Market Commentary (Securities)
2 March 2015
The FBM KLCI index lost 4.08 points or 0.22% on Monday. The Finance Index increased 0.26% to 16030.02 points, the Properties Index dropped 0.42% to 1333.08 points and the Plantation Index down 0.59% to 7962.62 points. The market traded within a range of 12.98 points between an intra-day high of 1825.33 and a low of 1812.35 during the session.
Actively traded stocks include WINTONI, PRIVA, NEXGRAM, HUBLINE, ETITECH, SANICHI, ASIABIO, FRONTKN, CME and NOVAMSC. Trading volume increased to 2245.53 mil shares worth RM2194.72 mil as compared to Friday’s 2212.16 mil shares worth RM2732.31 mil.
Leading Movers were HLFG (+40 sen to RM17.22), PBBANK (+18 sen to RM18.50), RHBCAP (+7 sen to RM8.03), TM (+6 sen to RM7.18) and DIGI (+5 sen to RM6.40). Lagging Movers were FGV (-13 sen to RM2.19), ASTRO (-14 sen to RM3.13), SKPETRO (-12 sen to RM2.73), MISC (-22 sen to RM8.20) and BAT (-48 sen to RM67.84). Market breadth was negative with 313 gainers as compared to 617 losers.
The KLCI closed 4.08 points lower at 1817.13, despite positive ending in most of our regional peers as investors’ sentiment was boosted by China’s Central bank decision to cut their interest rate to combat the economic slowdown. The performance of our benchmark index was bogged down by selling in heavyweight counters such as Felda, Astro and SapuraKencana.
Date As of: 02 March 2015
Description Volume Value Frequency
ETF 83,000 64,742,600 192
Stock 6,449,558,380 7,257,367,518,596 231,457
Right 8,942,500 8,942,500 15
Warrant 29,663,200 1,107,285,200 718
Total 6,488,247,080 7,258,548,488,896 232,382
Thai PM encourages capital market on sustainable development
Bangkok, February 26, 2015 - Thailand Prime Minister, General Prayut Chan-o-cha, congratulated and granted the awards to ten Thai listed firms selected for the Dow Jones Sustainability Indices (DJSI), and delivered a keynote speech on "Thai Corporations Moving toward Sustainable Growth, DJSI" topic, at a special event to honor the selected firms, encouraging Thai listed companies to play a key role in driving the Thai economy toward sustainability.
SET Chairman Sathit Limpongpan stated, "The prime minister's speech today shows that the Thai government focuses on supporting business sector, especially the capital market, to be an engine to drive the country's economic, environmental and social growth toward sustainability. This is in line with SET's commitment to support stakeholders, consisting of intermediaries, investors and listed companies, to operate their businesses under sustainable development principles."
The ten Thai listed companies included in the Dow Jones Sustainability Indices are considered the highest number of inclusion in ASEAN. Of the ten listed firms, four companies namely PTT pcl (PTT), PTT Exploration and Production pcl (PTTEP), PTT Global Chemical pcl (PTTGC), Siam Cement pcl (SCC), have been selected in the 2014 Dow Jones Sustainability World Index (DSJI World), while ten companies namely Banpu pcl (BANPU), Central Pattana pcl (CPN), IRPC pcl (IRPC), Minor International pcl (MINT), PTT pcl (PTT), PTT Exploration and Production pcl (PTTEP), PTT Global Chemical pcl (PTTGC), Siam Cement pcl (SCC), Thai Oil pcl (TOP) and Thai Union Frozen Products pcl (TUF) have been chosen to be in the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets).
"SET has been committed to developing quality of Thai listed companies to achieve international standard. The fact that these Thai firms have become
components in the DJSI has reinforced attractiveness of the Thai listed companies among foreign investors. Currently, there are global mutual funds
focusing on sustainable investment with a combined market capitalization of THB 290 billion (approx. USD 9.1 billion), and it is going on an upward trend," added Sathit.
As of 2 March 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 4,752.62 4,843.56 -90.93
Proprietary 4,421.87 5,126.08 -704.21
Foreign 11,985.54 11,986.75 -1.21
Individual 39,843.06 39,046.70 796.36
Total Trading Value 61,003.09 M.Baht
Vietnam index edges down 0.3 pct; selling extends
HANOI, March 2 - Vietnam's benchmark VN Index fell 0.28 percent at midday break on Monday in mixed trading amid lack of buying support from foreign investors.
Most stocks headed south, extending Friday's losses after the market reached near the 600-point strong resistance level mid last week, led by PetroVietNam Gas, the country's top firm by market value, with a 1.27 percent fall.
Hanoi-based VietinBank , Vietnam's biggest partly-private lender by assets, slipped 1.55 percent, while Mobile World Investment Corp, the country's leading mobile phone retailer, dropped 5.97 percent.
Buying into other big caps, including top property firm Vingroup and food producer Masan Group , limited losses as the index approached the 585-point support level.
Here is a snapshot of the VN Index at midday
VN Index 590.94
PREV. CLOSE 592.57
% CHANGE -0.28%
SE Asia Stocks-Indonesia hits record closing high; Thai banks weaker
The key Indonesian stock index closed at a record high on Monday as easing inflation data bolstered selective buying while the Thai benchmark hit a
one-month low on selling in banking stocks.
The Jakarta composite index closed 0.5 percent higher at 5,477.83, above the record closing level of 5,451.42 on Thursday.
Among actively-traded stocks, retailer Matahari Putra Prima jumped 3 percent and Astra International rose 0.3 percent, with weaker February inflation data supporting interest rate-sensitive sectors such as automobiles.
Indonesia's annual inflation in February eased more than expected to 6.29 percent, due to falling prices of fuel and chillies, the statistics bureau said on Monday.
The Thai SET index finished 0.3 percent lower at 1,582.14, its lowest close since Jan. 30, led down by banking shares such as Bangkok Bank and Siam Commercial Bank .
Falling consumer prices in Thailand have made investors cautious about the central bank's outlook on interest rates, which is due for review on March 11, brokers said.
Thailand reported annual consumer price index fell in February for a second straight month due to lower oil prices while Deputy Prime Minister Pridiyathorn Devakula said the price weakness was not a concern as purchasing power remained positive.
The Philippine main index was up 0.6 percent, recouping some of the losses over the past two sessions. Foreign inflows lifted shares such as Bank of the Philippine Islands and Ayala Land.
Others in the region ended mixed after a rangebound session while MSCI's broadest index of Asia-Pacific shares outside Japan rose a modest 0.1 percent as China's weekend interest rate cut partially offset soft U.S. data.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3403.89 3402.86 +0.03
Kuala Lumpur 1817.13 1821.21 -0.22
Bangkok 1582.14 1587.01 -0.31
Jakarta 5477.83 5450.29 +0.51
Manila 7773.92 7730.57 +0.56
Ho Chi Minh 590.73 592.57 -0.31