ASEAN KEY DESTINATIONS
30 March 2016
The Straits Times Index (STI) ended 53.7 points or 1.9% higher to 2872.78, taking the year-to-date performance to -0.35%.
The top active stocks today were DBS, which gained 2.04%, SingTel, which gained 1.58%, OCBC Bank, which gained 1.47%, UOB, which gained 2.97% and Global Logistic, with a 2.90% advance.
The FTSE ST Mid Cap Index gained 1.12%, while the FTSE ST Small Cap Index rose 0.91%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 3.10%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 3.29% higher and 3.36% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.13%. Midas Holdings shares remained unchanged and Geo Energy Resources gained 1.72%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+1.83%)
IS MSCI India 100 (+0.91%)
DBXT MSCI Indonesia ETF 10 (+2.72%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.41%)
Capitamall Trust (unchanged)
Capitacom Trust (+1.01%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+12.82%)
KepCorp MBeCW161212 (+10.38%)
DBS VT eCW160916 (+8.44%)
For real time price updates throughout the course of the trading day, investors can access and sort market information here.
Singapore Stock Market
*ST Index 2,872.78 +53.7 2,819.08 -11.21
Volume: 1,412.2M 1,477M
Value: $1,186.4M $970.1M
Gainers/Losers: 291/125 181/201
Daily Market Commentary (Securities)
30 March 2016
The FBM KLCI index gained 2.78 points or 0.16% on Wednesday. The Finance Index increased 0.66% to 14736.08 points, the Properties Index up 0.47% to 1187.43 points and the Plantation Index rose 0.33% to 7931.19 points. The market traded within a range of 7.76 points between an intra-day high of 1724.13 and a low of 1716.37 during the session.
Actively traded stocks include SONA-WA, EKA, AIRASIA, BORNOIL, MALAKOF, NEXGRAM, JAG, BISON, HSI-HT and HSI-C19. Trading volume increased to 1853.64 mil shares worth RM2344.07 mil as compared to Tuesday’s 1645.01 mil shares worth RM2164.31 mil.
Leading Movers were RHBCAP (+11 sen to RM5.90), YTL (+3 sen to RM1.69), IHH (+8 sen to RM6.57), HLFG (+18 sen to RM15.48) and KLCC (+8 sen to RM7.23). Lagging Movers were SKPETRO (-7 sen to RM1.84), BAT (-162 sen to RM53.88), GENTING (-19 sen to RM9.50), GENM (-7 sen to RM4.53) and AXIATA (-3 sen to RM5.90). Market breadth was positive with 433 gainers as compared to 351 losers.
The KLCI closed flat with 2.78 points higher at 1717.82 points. The performance of our benchmark index was in line with overnight gains in Wall Street as Yellen’s remarks indicated the Fed won’t rush to tighten policy.
Date As of: 30 March 2016
Description Volume Value Frequency
ETF 10,300 5,238,000 22
Stock 11,056,752,485 7,809,034,655,780 276,612
Warrant 21,671,500 360,940,100 882
Total 11,078,434,285 7,809,400,833,880 277,516
As of 30 March 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,614.79 4,407.38 2,207.41
Proprietary 7,232.46 9,641.60 -2,409.14
Foreign 22,826.53 14,274.85 8,551.68
Individual 2 0,947.87 29,297.82 -8,349.95
Total Trading Value 57,621.65 M.Baht
Vietnam shares rise 0.3 pct after upbeat ADB forecast
Vietnam's benchmark VN Index .VNI rebounded 0.3 percent on Wednesday from a four-week closing low in the previous session after the Asian Development Bank raised its forecast for the country's economic growth.
Most big-cap and mid-cap stocks rose, led by dairy product maker Vinamilk VNM.HM , which gained 1.49 percent, and property
firm Vingroup VIC.HM which increased 0.43 percent.
The Asian Development Bank on Wednesday increased its forecast for Vietnam's economic growth this year to 6.7 percent,
from 6.6 percent previously, citing foreign direct investment, strengthening domestic consumption and demand. urn:newsml:reuters.com:*:nL3N17124Z
Here is a snapshot of the VN Index .VNI at the close
VN Index 569.91
PREV. CLOSE 568.28
% CHANGE 0.29%
SE Asia Stocks-Firmer after Yellen's comment; Singapore outperforms
All Southeast Asian stock markets rose on Wednesday as risk appetite improved after Federal Reserve Chair Janet Yellen's comment hosed down expectations of any imminent hike in U.S. interest rates.
Yellen on Tuesday emphasised global dangers to growth and inflation, and thus the need to proceed "cautiously" on
Singapore's Straits Time Index .STI jumped 1.9 percent to a one-week closing high, led by financials, while the Jakarta Composite Index .JKSE added 0.7 percent.
Thailand .SETI rose 1.3 percent to its highest close in nearly five months, led by financials, amid a net foreign inflow
of $242.74 million, while Malaysia .KLSE closed 0.2 percent higher with a $101.92 million net foreign inflow.
"Yellen's cautious tone on Fed fund rate rising pace helped to spur the regional market sentiment," said Teerada
Charnyingyong, an analyst with Phillip Capital in Bangkok.
The Fei Ming, a broker with Jakarta-based Ciptadana Securities, said Yellen expressed strong doubt and concern over negative externalities that could harm the U.S. recovery.
"Domestic economy, indeed, signals positive development.
But, external headwinds and 'still' low oil prices are unfavourable to the global economy which could later potentially backfire the U.S. economy," he said.
Analysts said investors are also waiting for other economic data due out this week, including China's manufacturing PMI data on Thursday and the U.S. non-farm payrolls and unemployment data on Friday.
Vietnam's benchmark VN Index .VNI rebounded 0.3 percent from a four-week closing low in the previous session after the
Asian Development Bank raised its forecast for the country's economic growth. urn:newsml:reuters.com:*:nL3N17124Z
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2872.78 2819.08 +1.90
Kuala Lumpur 1717.82 1715.04 +0.16
Bangkok 1410.29 1392.85 +1.25
Jakarta 4816.66 4781.30 +0.74
Manila 7299.23 7274.40 +0.34
Ho Chi Minh 569.91 568.28 +0.29