ASEAN KEY DESTINATIONS
03 March 2015
The Straits Times Index (STI) ended +18.22 points higher or +0.54% to 3422.11, taking the year-to-date performance to +1.69%.
The FTSE ST Mid Cap Index gained +0.29% while the FTSE ST Small Cap Index declined -0.22%. The top active stocks were DBS (-0.10%), SingTel (-1.42%), Noble (+6.88%), Golden Agri-Res (+3.75%) and UOB (+0.61%).
The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+2.42%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+4.76%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Technology Index, which declined -2.67% with Silverlake Axis ’ share price declining -4.67% and STATS ChipPAC ’s share price declining +1.04%.
The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+1.11%), iShares USD Asia Bond ETF (+0.47%), SPDR Gold Shares (-0.81%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), Suntec REIT (-0.77%), CapitaMall Trust (+0.47%).
The most active index warrants by value today were HSI25000MBeCW150330 (-20.24%), HSI24400MBePW150330 (+21.05%), HSI25000MBeCW150429 (-12.67%).
The most active stock warrants by value today were DBS MB eCW150420 (-1.12%), Wilmar MBeCW150901 (+3.23%), OCBC Bk MBeCW150803 (+4.90%).
Singapore Stock Market
*ST Index 3,422.11 +18.22 3,403.89 +1.03
Volume: 1,305.6M 1,358M
Value: $1,173.8M $1,287.7M
Gainers/Losers: 195/238 169/289
Daily Market Commentary (Securities)
3 March 2015
The FBM KLCI index gained 4.12 points or 0.23% on Tuesday. The Finance Index increased 0.44% to 16101.18 points, the Properties Index dropped 0.48% to 1326.69 points and the Plantation Index rose 0.14% to 7973.57 points. The market traded within a range of 7.85 points between an intra-day high of 1825.79 and a low of 1817.94 during the session.
Actively traded stocks include PRIVA, SANICHI, WINTONI, NEXGRAM, ASIABIO, DGSB, PESONA-WC, PUC, NOVAMSC and FRONTKN. Trading volume increased to 2831.08 mil shares worth RM2347.01 mil as compared to Monday’s 2245.53 mil shares worth RM2194.72 mil.
Leading Movers were FGV (+7 sen to RM2.26), GENM (+10 sen to RM4.17), ASTRO (+6 sen to RM3.19), MAYBANK (+15 sen to RM9.35) and MAXIS (+9 sen to RM7.09). Lagging Movers were SKPETRO (-13 sen to RM2.60), RHBCAP (-11 sen to RM7.92), PETDAG (-22 sen to RM19.32), PETCHEM (-5 sen to RM5.45) and IHH (-5 sen to RM5.50). Market breadth was negative with 420 gainers as compared to 461 losers.
The KLCI rebounded from yesterday’s losses by ending 4.12 points higher at 1821.25, taking cue from firmer overnight close on Wall Street which was boosted by positive manufacturing data. The performance in our benchmark index was supported by buying interest in heavyweights counters such as Felda, Astro and Genting.
Date As of: 03 March 2015
Description Volume Value Frequency
ETF 502,349,495 47,351,466,630 14
Stock 6,730,576,038 7 ,311,026,679,343 252,934
Warrant 11,929,100 695,119,300 631
Total 7,244,854,633 7,359,073,265,273 253,579
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 3 March 2015 Unit: M.Baht
Type Buy Sell Net
Institution 3,727.41 4,065.99 -338.58
Proprietary 4,753.45 6,472.08 -1,718.62
Foreign 12,888.53 11,032.26 1,856.27
Individual 39,521.58 39,320.65 200.93
Total Trading Value 60,890.97 M.Baht
Vietnam index gains 1 pct; foreigners boost big-caps
Vietnam's benchmark VN Index bounced back 1.01 percent at Tuesday's close on foreign investors' strong purchases in some large-caps and amid widespread gains in the rest of the market.
Domestic investors were dominant buyers in the morning session, but solid inflows from the foreign sector, mostly funds, in later trade lifted volume on Tuesday to a high of more than a month at 113 million shares.
Food producer Masan Group ended up 4.05 percent at 90,000 dong ($4.22) each, a seven-month high, as overseas investors bought nearly 80 percent of its total traded shares, according to Reuters data.
Property firm Vingroup ended 4.21 percent up at 52,000 dong each, the highest in more than five months, also in solid foreign purchase, while dairy product maker Vinamilk advanced 0.93 percent.
Analysts said foreign investors' straight net purchase in the previous 12 sessions, though on a declining trend, has cushioned profit taking by domestic investors and could boost the index further with more inflows into big-caps.
Here is a snapshot of the VN Index at the close
VN Index 596.72
PREV. CLOSE 590.73
% CHANGE 1.01%
SE Asia Stocks-Thai index touches near 6-wk low ahead of market holiday
BANGKOK, March 3 (Reuters) - The key Thai stock index hit a near 6-week closing low on Tuesday as index heavyweight PTT traded ex-dividend while the Philippine main index came off highs after Philippine Long Distance Telephone (PLDT) retreated after a weak earnings guidance.
Thai benchmark SET index dropped 1.2 percent to 1,562.84, the lowest close since Jan. 22. PTT shares, the biggest by market value, closed down 2.9 percent.
Investors trimmed their risk holdings ahead of a market holiday on Wednesday. Selling hit recent gainers such as telecoms firm Jasmine International Pcl, among high dividend yielding stocks.
The Philippine main index erased most of its early gains to end 0.03 percent higher.
PLDT shares, the second biggest firm by value, edged down 0.06 percent after rising in early trade after it forecast 2015 net profit to fall for the third consecutive year.
The Jakarta composite index eased 0.06 percent from Monday's record closing high of 5,477.83. Large cap banks such as Bank Mandiri and Bank Rakyat Indonesia fell amid selling by domestic investors.
Stocks in Singapore , Malaysia and Vietnam rose amid early positive sentiment in Asia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3422.11 3403.89 +0.54
Kuala Lumpur 1821.25 1817.13 +0.23
Bangkok 1562.84 1582.14 -1.22
Jakarta 5474.62 5477.83 -0.06
Manila 7776.51 7773.92 +0.03
Ho Chi Minh 596.72 590.73 +1.01