ASEAN KEY DESTINATIONS
04 March 2016
The Straits Times Index (STI) ended 44.92 points or 1.61% higher to 2832.54, taking the year-to-date performance to -1.74%.
The top active stocks today were DBS, which gained 4.42%, OCBC Bank, which gained 2.09%, UOB, which gained 1.81%, Noble, which gained 10.53% and SingTel, with a 0.26% fall.
The FTSE ST Mid Cap Index gained 1.48%, while the FTSE ST Small Cap Index rose 0.86%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 4.51%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 5.17% higher and 3.63% higher respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 0.78%. Jardine Matheson Holdings shares declined 2.13% and Jardine Strategic Holdings gained 0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+2.20%)
STI ETF (+2.16%)
IS MSCI India 100 (+0.48%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.25%)
Capitamall Trust (+1.88%)
Capitacom Trust (+4.24%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+37.37%)
KepCorp MBeCW161212 (+17.50%)
UOB MB eCW160705 (+26.04%)
For real time price updates throughout the course of the trading day, investors can access and sort market information here.
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 2,837 +49.38 2,787.62 +60.66
Volume: 2,040.1M 2,046M
Value: $1,748.5M $1,837.4M
Gainers/Losers: 273/143 258/162
Daily Market Commentary (Securities)
4 March 2016
The FBM KLCI index gained 4.29 points or 0.25% on Friday. The Finance Index increased 0.97% to 14363.96 points, the Properties Index up 0.16% to 1140.27 points and the Plantation Index down 0.58% to 7819.09 points. The market traded within a range of 14.76 points between an intra-day high of 1700.49 and a low of 1685.73 during the session.
Actively traded stocks include AAX-WA, AAX, AIRASIA, VIVOCOM, COMFORT, MINETEC, HSI-HT, BJCORP, MYEG and COMPUGT. Trading volume decreased to 1779.29 mil shares worth RM2160.36 mil as compared to Thursday’s 1866.02 mil shares worth RM2249.45 mil.
Leading Movers were CIMB (+13 sen to RM4.63), AMMB (+11 sen to RM4.53), RHBCAP (+10 sen to RM5.66), MAXIS (+11 sen to RM6.37) and PETCHEM (+6 sen to RM6.98). Lagging Movers were PETDAG (-34 sen to RM24.44), BAT (-82 sen to RM56.46), KLK (-28 sen to RM23.72), IOICORP (-2 sen to RM4.76) and DIGI (-4 sen to RM5.02). Market breadth was negative with 334 gainers as compared to 463 losers.
The KLCI closed higher at 1692.49 amid overnight gains in US Market. Investors remained cautious ahead a key US jobs report to be announced tonight.
Date As of: 04 March 2016
Description Volume Value Frequency
ETF 31,899,100 3,211,851,200 16
Stock 5,960,691,465 5,583,582,977,207 244,376
Warrant 9,982,300 186,449,800 430
Total 6,002,572,865 5,586,981,278,207 244,822
Thai listed firms report THB 697 bln net profits in 2015
- Net profits worth THB 697 billion, dropped by 1.37 pct from 2014, Q4 earnings grew 152 pct.
- Total sales down 9.35 pct at THB 10.37 trillion
- 2015 gross profit margins rose to 22.31 pct
BANGKOK, March 4, 2016 - Companies listed on The Stock Exchange of Thailand (SET) reported 2015 net profit of THB 697 billion (approx. USD 19.6 billion), a 1.37 percent drop from a year earlier, while sales decreased 9.35 percent to 10.37 trillion (approx. USD 292 billion).
SET Senior Executive Vice President Santi Kiranand said aggregate earnings were compiled from 541 listed firms, or 97.13 percent of the total 557 companies (excluding non-compliance and non-performing groups), as of December, 2015.
There were 441 companies making net profits, representing 81.52 percent of the total listed companies already disclosed their financial statements. Their total sales in 2015 dropped by 9.35 percent from 2014 to THB 10.37 trillion, while total net profit were 697 billion, slightly dropped by 1.37 pct from a year ago, resulting from net profit decrease of Energy & Utilities and Steel sectors affected by inventory losses, reduction of oil and steel prices, as well as net profit decrease of Banking sector from increasing non-performing loan provision.
However, if excluding net profit of companies in Energy & Utilities and Steel sectors, the 2015 net profit of listed companies could be seen a 5.95 percent increase, and sales a 1.33 percent drop.
In the quarter 4/2015, combined net profit was THB 170.3 billion, a 152.54 percent increase from the same quarter of 2014, while total sales were THB 2.58 trillion (approx. USD 72.8 billion), down 7.50 percent, resulting from higher profit in Energy & Utilities and Petrochemicals & Chemicals sectors. Comparing quarter to quarter, net profit of listed companies was 189 percent increase, and their sales were 2.47 percent increase. The debt-to-equity ratio (excluding
those in Financial industry) in Q4/2015 was at 1.18 times, down from 1.23 in the same period of 2014, reflecting to the strength of listed firms' capital structure.
"The overall performance of the Thai listed companies in 2015 was affected by a drop in sales in the Energy & Utilities, Steel and Petrochemicals & Chemicals sectors due to lower price of steel and crude oil prices. However, this benefited other companies as they could have lower production cost. Therefore, the total gross profit margin in 2015 rose to 22.31 percent from 18.69 percent a year earlier," added Santi.
By sector, 17 sectors reported higher net profits, except Steel sector. There were nine sectors reported both higher sales, profit, and gross margin, in descending order of net profits, Information & Communication Technology,Commerce, Food & Beverage, Health Care Services, Finance & Securities, Automotive, Fashion, Tourism & Leisure, Professional Services, as a result of government stimulus program to boost domestic spending, automotive-part business recently recovered from exports and their effective cost management.
Meanwhile, companies listed on Market for Alternative Investment (mai), under The Stock Exchange of Thailand (SET) group, reported sales of THB 124.8 billion (approx. USD 3.5 billion) in 2015, a 1.79 percent increase from a year earlier,while net profit increased 10.19 percent to 5.7 billion (approx. USD 161 million). Their 2015 gross profit margins rose to 24.33 pct from 21.27 in 2014.
As of 4 March 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,466.52 5,661.03 -1,194.51
Proprietary 7,830.92 6,603.79 1,227.13
Foreign 18,161.44 13,529.33 4,632.11
Individual 26,313.66 30,978.39 -4,664.73
Total Trading Value 56,772.54 M.Baht
Vietnam index ends higher, posts 3rd straight weekly gain
Vietnam's benchmark VN Index .VNI closed 0.57 percent higher on Friday, its fourth consecutive daily gain, as energy stocks climbed after global oil prices rose following falls in U.S. oil output.
PetroVietnam Gas GAS.HM , the country's fourth-biggest firm by market value, led the market with a 2.43-percent rise to a near four-month high on higher crude oil prices.
The index, Southeast Asia's best performer last year, posted its third consecutive weekly gain with a 1.3 percent increase for the week ending Friday.
Following is a snapshot of the VN Index .VNI at the close
VN Index 573.65
PREV. CLOSE 570.39
% CHANGE +0.57
SE Asia Stocks-Rise ahead of U.S. jobs data; Singapore outperforms
Southeast Asian stock markets rose along with Asia on Friday, with Singapore notching up best weekly gain since October amid strength in the city-state's currency, while the region advanced on the week as risk sentiment in global markets improved.
The key Straits Times Index .STI climbed 1.8 percent on the day and about 7 percent on the week, Southeast Asia's best performer. The week's rally was led by banking shares such as DBS Group Holdings DBSM.SI in part due to valuations.
The equities outperformance was in line with the Singapore dollar SGD=SG which rose to its strongest in four months after soft U.S. service sector employment data reinforced the view the Federal Reserve will raise interest rates only gradually.
Global equities were in buoyant mood on Friday ahead of closely followed monthly U.S. jobs data.
A rise in regional currencies, associated with foreign inflows to stocks, also helped other sharemarkets turned more
positive this week.
Stocks in Thailand .SETI and Indonesia .JKSE posted a weekly gain of more than 2 percent, with Malaysia .KLSE , the Philippines .PSI and Vietnam .VNI up more than 1 percent each.
The Thai stock market and Malaysia recorded relatively substantial weekly net foreign buying worth 13 billion baht
($367 million) and 972 million ringgit ($237 million), respectively.
The overall stock market of Indonesia posted a weekly net foreign inflow of 2.3 trillion rupiah ($175 million) and the Philippines reported 1.4 billion peso ($29.86 million) inflows on the week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2837.00 2787.62 +1.77
Kuala Lumpur 1692.49 1688.20 +0.25
Bangkok 1379.53 1379.33 +0.01
Jakarta 4850.88 4844.03 +0.14
Manila 6899.07 6963.44 -0.92
Ho Chi Minh 573.65 570.39 +0.57