ASEAN KEY DESTINATIONS
12 May 2016
The Straits Times Index (STI) ended 12.52 points or 0.46% higher to 2745.39, taking the year-to-date performance to -4.76%.
The top active stocks today were DBS, which gained 1.36%, SingTel, which gained 1.30%, OCBC Bank, which closed unchanged, Wilmar International, which closed unchanged and Global Logistic, with a 0.57% fall.
The FTSE ST Mid Cap Index declined 0.34%, while the FTSE ST Small Cap Index rose 0.16%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.53%. The two biggest stocks of the Index - Silverlake Axis and CSE Global – ended 0.93% higher and 3.45% higher respectively.
The underperforming sector was the FTSE ST Health Care Index, which slipped 2.27%. Raffles Medical Group shares remained unchanged and Riverstone Holdings increased by 0.57%
The three most active Exchange Traded Funds (ETFs) by value today were:
iShares USD Asia Bond ETF (-0.56%)
SPDR Gold Shares (-0.07%)
DBXT MSCI Indonesia ETF10 (-0.24%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.24%)
Capitamall Trust (+0.48%)
Suntec REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+11.77%)
Singapore Stock Market
*ST Index 2,745.39 +12.52 2,732.87 -8.28
Volume: 1,275.5M 1,013.1M
Value: $832M $1,095M
Gainers/Losers: 190/184 182/203
Daily Market Commentary (Securities)
12 May 2016
The FBM KLCI index gained 4.40 points or 0.27% on Thursday. The Finance Index fell 0.16% to 14581.1 points, the Properties Index dropped 0.21% to 1164.01 points and the Plantation Index rose 0.44% to 7541.16 points. The market traded within a range of 12.93 points between an intra-day high of 1652.10 and a low of 1639.17 during the session.
Actively traded stocks include MTOUCHE, VIVOCOM, VIVOCOM-WB, KANGER-WA, AAX-WA, AAX, IFCAMSC, VIVOCOM-WC, KANGER and VIVOCOM-WD. Trading volume increased to 2040.49 mil shares worth RM1791.51 mil as compared to Wednesday’s 1674.36 mil shares worth RM1888.52 mil.
Leading Movers were KLCC (+28 sen to RM7.60), GENTING (+29 sen to RM8.75), SKPETRO (+5 sen to RM1.63), UMW (+10 sen to RM6.26) and GENM (+6 sen to RM4.37). Lagging Movers were MAXIS (-10 sen to RM5.49), MISC (-8 sen to RM7.55), HLBANK (-10 sen to RM13.30), SIME (-3 sen to RM7.59) and MAYBANK (-3 sen to RM8.82). Market breadth was positive with 449 gainers as compared to 395 losers.
The KLCI closed higher at 1648.98 points at the last minute before the closing bell despite overnight losses in US market. Our local bourse advanced on bargain hunting.
Date As of: 12 May 2016
Description Volume Value Frequency
ETF 49,700 22,323,700 07
Stock 4,334,091,130 4,824,399,254,960 221,825
Warrant 6,698,300 91,980,800 349
Total 4,340,839,130 4,824,513,559,460 222,181
As of 12 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,592.83 3,873.06 2,719.77
Proprietary 5,226.10 4,877.70 348.39
Foreign 9,700.73 10,579.77 -879.04
Individual 21,646.15 23,835.28 -2,189.13
Total Trading Value 43,165.81 M.Baht
Vietnam shares fall, volume near 3-month low
Vietnam's benchmark VN Index .VNI fell 0.3 percent in low volume trade on Thursday, after posting a more than six-month closing high in the previous session, as most banking stocks declined on technical correction.
Vietcombank VCB.HM , the country's biggest lender by market value, fell 2.04 percent, while VietinBank CTG.HM dropped 1.67 percent.
PetroVietnam Gas GAS.HM bucked the trend with a rise of nearly 1 percent on gains in oil prices.
As many as 93.5 million shares changed hands, the lowest level since Feb. 15, Thomson Reuters data showed.
Here is a snapshot of the VN Index .VNI at the close
VN Index 612.12
PREV. CLOSE 614.06
% CHANGE -0.32%
SE Asia Stocks-Philippines snaps 2 days of gains on profit-taking; Thai up
Southeast Asian stocks mostly closed higher on Thursday, but the Philippine index snapped two sessions of gains on profit-taking on a day when its central bank kept policy rates unchanged.
Asian markets were down, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS down 0.4 percent after Wall Street suffered its worst day since February following downbeat quarterly retail reports MKTS/GLOB
The Philippine stock index .PSI ended nearly 1 percent lower on profit-taking, dragged down by financial and industrial stocks.
The index rose 5.8 percent over the past two days after an unofficial count of votes by an election commission-accredited watchdog showed firebrand mayor Rodrigo Duterte had won Monday's presidential election, ending months of uncertainty for investors.
The Philippine central bank kept its benchmark interest rate steady at 4.0 percent on Thursday.
Grace Aller at AP Securities in Manila said the Philippine market was merely correcting after a strong rally in the past
Aller said the price-to-earnings multiple, or P/E ratio, for the index was high compared to peers, but the rally was evidence that investors were using the opportunity to buy stocks cheap.
The Thai SET Index .SETI rose more than 1 percent led by energy and consumer stocks, with Thailand's largest meat and feed producer, Charoen Pokphand Foods CPF.BK , rising as much as 7.7 percent to its highest since Dec. 2014 following strong earnings.
Singapore .STI rose nearly half a percent, led by financial and telecom stocks.
Singapore Telecommunications STEL.SI , Southeast Asia's largest telco, rose 1.3 percent after sources told Reuters the company is considering listing its broadband unit in a deal that could raise about $2 billion.
Market Current previous close Pct Move
Singapore 2745.39 2732.87 0.46
Bangkok 1399.31 1382.41 1.22
Manila 7325.04 7396.52 -0.97
Jakarta 4803.32 4799.964 0.07
Kuala Lumpur 1648.98 1644.58 0.27
Ho Chi Minh 612.12 614.06 -0.32