ASEAN KEY DESTINATIONS
10 May 2016
The Straits Times Index (STI) ended 24.91 points or 0.9% lower to 2741.15, taking the year-to-date performance to -4.91%.
The top active stocks today were SingTel, which declined 1.54%, DBS, which declined 0.74%, CapitaLand, which gained 0.67%, OCBC Bank, which declined 1.54% and UOB, with a 0.84% fall.
The FTSE ST Mid Cap Index gained 0.46%, while the FTSE ST Small Cap Index declined 0.05%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 2.60%. The two biggest stocks of the Index - Raffles Medical Group and Riverstone Holdings – remained unchanged and ended 2.25% higher respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.50%. SingTel shares declined 1.54% and StarHub declined 1.18%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-1.06%)
STI ETF (-0.71%)
Lyxor ETF MSCI World 10 (-1.54%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
Capitamall Trust (-2.82%)
Capitacom Trust (+1.44%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (-9.76%)
Singapore Stock Market
*ST Index 2,741.15 -24.91 2,766.06 +35.26
Volume: 856.9M 1,053.7M
Value: $913.1M $931.2M
Gainers/Losers: 160/224 159/222
Daily Market Commentary (Securities)
10 May 2016
The FBM KLCI index gained 3.65 points or 0.22% on Tuesday. The Finance Index increased 0.11% to 14527.48 points, the Properties Index dropped 0.83% to 1156.57 points and the Plantation Index rose 0.02% to 7492.74 points. The market traded within a range of 23.61 points between an intra-day high of 1638.01 and a low of 1614.40 during the session.
Actively traded stocks include AAX-WA, AAX, VIVOCOM, AIRASIA, VIVOCOM-WB, HHHCORP, KANGER, AWC, MELEWAR and EKA. Trading volume decreased to 1619.08 mil shares worth RM2053.86 mil as compared to Monday’s 1687.93 mil shares worth RM1545.26 mil.
Leading Movers were PETCHEM (+31 sen to RM6.42), MISC (+35 sen to RM7.60), MAXIS (+12 sen to RM5.49), PETGAS (+40 sen to RM21.30) and YTL (+2 sen to RM1.58). Lagging Movers were TENAGA (-18 sen to RM13.94), SKPETRO (-2 sen to RM1.58), UMW (-6 sen to RM6.18), AXIATA (-4 sen to RM5.36) and GENTING (-6 sen to RM8.35). Market breadth was positive with 427 gainers as compared to 362 losers.
The KLCI staged a rebound by surging to 1635.84 points, despite overnight mixed performance in US markets. The performance of KLCI was propped up by bargain-hunting after heavy losses yesterday.
Date As of: 10 May 2016
Description Volume Value Frequency
ETF 1,100 541,200 01
Stock 3,814,242,122 5,282,725,798,327 239,386
Warrant 6,190,800 58,864,700 135
Total 3,820,434,022 5,282,785,204,227 239,522
Thai bourse market report for April 2016
- SET Index at 1,404.61 points, up 9.1 pct from end-2015, highest in the region
- Average daily securities trading value rose 3.0 pct y-o-y to THB 43.7 bln.
- Market cap at THB 13.7 trillion, up 8.7 pct from end-2015
- Foreign investors bought a net THB 12.7 bln so far this year, while being net sellers in April.
- Derivatives trading jumped by 8 pct y-o-y to185,463 contracts per day.
BANGKOK, May 10, 2016 - The Stock Exchange of Thailand (SET) Index was on the rise in April and recorded its highest level of 2016 at 1,423.90 on April 21, underpinned by the increase in global commodity prices, especially crude oil prices which had jumped by 37.5 percent from end-2015. However, SET Index ended April 2016 at 1,404.61 points, dropped slightly 0.2 percent from end-March after The European Central Bank (ECB) and Bank of Japan (BOJ) had no additional economic stimulus package as markets expected. So far this year, the Thai stock market's performance outperformed other markets in the region, especially in commodity-related sectors such as Energy, Petrochemicals & Chemicals and Food & Beverage, relative to the stronger baht.
At the end of April, the combined market capitalization of the SET and Market for Alternative Investment (mai) was at THB 13.7 trillion (USD 387.18 billion), a 8.7 percent increase from the end of last year. The average daily trading value of SET and mai in April was THB 43.71 billion, a 3 percent increase y-o-y.
Key highlights for April
- SET Index ended April at 1,404.61 points, up 9.1 percent from end-2015, beating other peers across the region, but dropping slightly by 0.2 percent from a month earlier.
- Market capitalization of SET was at THB 13.37 trillion (USD 377.82 billion), up 8.89 percent from end-2015 while market valuation of mai was at THB 331.51 billion (USD 9.37 billion), up 2.48 percent from end-2015.
- Forward P/E ratio of SET was 15.03 times, while mai's was 24.78 times.
- Dividend yield ratio of SET was 3.35 percent at the end of the month, while mai's was 1.36 percent.
- In April, average daily trading value of SET and mai rose 3 percent from a year earlier, but dropped 16.84 percent from a month earlier to THB 43.71 billion (USD 1.23 billion).
- Foreign investors have bought THB 12.7 billion in shares since the beginning of 2016, while being net sellers in April at THB 5.7 billion.
- Derivatives trading volume rose 8.08 percent year-on-year to an average of 185,463 contracts per day.
As of 10 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,049.14 4,675.04 374.10
Proprietary 5,057.65 5,301.05 -243.41
Foreign 11,571.03 12,877.06 -1,306.03
Individual 22,696.91 21,521.58 1,175.34
Total Trading Value 44,374.73 M.Baht
Vietnam index ends up 0.2 pct, banks lead
Vietnam's benchmark VN Index .VNI closed up 0.2 percent on Tuesday, bucking the trend in Asian stocks, as gains in banking stocks offset losses in most other shares.
Asian stocks slipped to two-month lows as weak oil prices weighed on sentiment while the dollar got a lift against its
peers as the differences in policy direction between the world's top central banks became starker.
Shares of five out of the country's six listed lenders rallied, led by BIDV BID.HM , Vietnam's biggest partly private
bank by assets, which rose 2.81 percent. Top lender Vietcombank's VCB.HM stock advanced 1.25 percent.
Dairy products maker Vinamilk's VNM.HM shares dropped 0.69 percent, while those of steel firm Hoa Phat Group HPG.HM fell 1.18 percent.
Here is a snapshot of the VN Index .VNI at the close
VN Index 605.05
PREV. CLOSE 603.85
% CHANGE +0.2%
SE Asia Stocks-Philippines jumps on Duterte poll win; S'pore falls
Most Southeast Asian stocks closed higher on Tuesday with the Philippine index gaining its most in over
three months after maverick mayor Rodrigo Duterte emerged as the country's next president, ending the uncertainty over the elections.
The Philippine stock index .PSI jumped 2.6 percent after falling as much as 0.7 percent in early trading.
"Philippine stocks were down earlier in the day on uncertainty over the presidential elections ... but then by
mid-day, Duterte's rivals had conceded and he emerged as the clear winner," Maybank ATR Kim Eng analyst Luz Lorenzo said.
There were also no allegations of foul play against Duterte and these gave investors the belief that the transition of the
new government would be smooth, Lorenzo said.
The Philippine presidential elections had weighed on investor sentiments as the rough-talking Duterte had been very
vague on what he would do to spur the economy, creating uncertainty in the stock markets.
The Philippine index had fallen 2.3 percent last week.
Duterte's comments so far, including easing foreign ownership limits, have allowed investors to give him the benefit
of doubt for now, Maybank wrote in a note to clients.
Financials and Industrials led the rally with SM Prime Holdings SMPH.PS touching its life-time high. Bloomberry
Resorts BLOOM.PS rose more than 6 percent.
Singapore .STI fell 0.9 percent, wiping out most of its gains on Monday, and remained the worst performing index in the region.
The index has fallen 11 out of the last 12 sessions, taking year-to-date losses to nearly 5 percent.
Golden Agri-Resources GAGR.SI fell nearly 4 percent, while Wilmar International WLIL.SI ended the day down 2.3 percent.
The Thai SET index .SETI was down 0.3 percent led by financials, industrials and energy stocks, with Bangkok Bank
BBL.BK losing 2.7 percent and Thai Airways International THAI.BK falling 3.8 percent.
Market Current prev close Pct Move
Singapore 2741.15 2766.06 -0.90
Bangkok 1390.13 1394.14 -0.29
Manila 7174.88 6991.87 2.62
Jakarta 4763.115 4749.315 0.29
Kuala Lumpur 1635.84 1632.19 0.22
Ho Chi Minh 605.05 603.85 0.20