ASEAN KEY DESTINATIONS
13 May 2015
The Straits Times Index (STI) ended 10.84 points or 0.31% higher to 3453.17, taking the year-to-date performance to +2.62%.
The top active stocks today were SingTel, which gained 0.93%, Wilmar Intl, which gained 0.62%, Global Logistic, which gained 1.50%, SGX, which gained 0.35% and DBS, with a 0.34% advance.
The FTSE ST Mid Cap Index declined 0.04%, while the FTSE ST Small Cap Index rose 0.34%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 1.41%. The two biggest stocks of the Index - Raffles Medical Group and Biosensors International Group – ended 1.00% higher and 1.29% lower respectively.
The underperforming sector was the FTSE ST Utilities Index, which slipped 0.41%. United Envirotech shares remained unchanged and Hyflux declined 1.12%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.55%)
Nikko Am Singapore STI ETF (+0.85%)
SPDR Gold Shares (+0.69%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (+0.62%)
Suntec REIT (-0.28%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW151001 (+3.36%)
UOB MB eCW151002 (unchanged)
KepCorp MBeCW150901 (+5.00%)
Singapore Stock Market
*ST Index 3,453.17 +10.84 3,442.33 -28.47
Volume: 1,281.4M 1,336.5M
Value: $993.7M $1,147.6M
Gainers/Losers: 219/192 154/284
Daily Market Commentary (Securities)
13 May 2015
The FBM KLCI index gained 4.41 points or 0.25% on Wednesday. The Finance Index fell 0.11% to 16008.26 points, the Properties Index dropped 0.26% to 1311.49 points and the Plantation Index rose 0.92% to 7486.11 points. The market traded within a range of 8.52 points between an intra-day high of 1803.68 and a low of 1795.16 during the session.
Actively traded stocks include KANGER, SCN, FRONTKN, GPA-OR, VSOLAR, UEMS, PRIVA, NOVAMSC, UNISEM-WA and KANGER-WA. Trading volume increased to 1688.57 mil shares worth RM2005.61 mil as compared to Tuesday’s 1626.97 mil shares worth RM1700.02 mil.
Leading Movers were GENTING (+35 sen to RM9.07), IOICORP (+14 sen to RM4.30), PETCHEM (+14 sen to RM5.99), YTL (+3 sen to RM1.67) and PPB (+20 sen to RM15.62). Lagging Movers were PETDAG (-100 sen to RM19.98), PETGAS (-28 sen to RM21.92), DIGI (-1 sen to RM5.96), BAT (-60 sen to RM64.90) and RHBCAP (-5 sen to RM7.71). Market breadth was positive with 420 gainers as compared to 355 losers.
The KLCI reversed its mid-day losses by ending higher above the 1800-point level at 1803.02 points. Market sentiment was cautious following overnight losses in Wall Street due to weaker dollar while investors remained concern about interest rate hike by Federal Reserve.
Date As of: 13 May 2015
Description Volume Value Frequency
Total 6,966,701,688 6,629,627,137,274 290,051
ETF 4,800 3,462,900 09
Stock 6,916,228,768 6,624,767,373,674 288,651
Right 00 00 00
Warrant 50,468,120 4,856,300,700 1,391
Fourteen Thai stocks added to MSCI Global Small Cap Indexes effective May 29 BANGKOK, May 13, 2015 -The Stock Exchange of Thailand (SET) revealed that MSCI Inc., a global index provider, would add 14 Thai stocks as components of its MSCI Global Small Cap Indexes, consisting of BA, BEAUTY, CBG, EPG, IMPACT, IFEC, MTLS, PLANB, PTG, SIM, SCN, TSE, UNIQ, and WORK, effective from May 29 making Thai bourse to have the most additions in the indexes in ASEAN.
SET Executive Vice President Santi Kiranand said that 13 SET-listed stocks and one from the Market for Alternative Investment (mai) being added to the MSCI Global Small Cap Indexes, with a combined market capitalization of THB 285.68 billion (approx. USD 8.66 billion, as of May 12, 2015), whereas two Thai stocks have been removed from this set of indexes. On MSCI Global Standard Indexes, there was no change for Thai stocks on the review.
"There are fourteen additions from Thailand, seven from Indonesia, Singapore and Malaysia at four each and three from the Philippines. The fact that Thailand has the most additions in ASEAN reflects that small-and medium-cap stocks are still attractive in terms of size and liquidity compared with other neighboring markets, although the Thai stock market has been hit by uncertainties from domestic and overseas factors. Among the additions, it is interesting to note that eight stocks are newly-listed or recently-listed companies in 2014 and 2015, representing 57 percent of the total additions. These are BA, CBG, EPG, MTLS, PLANB, SCN, TSE and IMPACT being Thailand's first real estate investment trust (REIT), well selected into the indexes," Santi said.
The MSCI indexes measure equity market performance. They are well-known among foreign institutional investors, especially fund managers, who use them as benchmarks to measure Thailand's equity market. However, there are several types of MSCI indexes, divided by region, country, size, sector, etc. MSCI does not include all stocks traded on SET in its indexes, but make selection based on market cap, liquidity and the level of tradable stocks among foreign investors. SET "Towards the 5th Decade of Sustainable Wealth for Thais"
As of 12 May 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 6,640.62 5,750.34 890.28
Proprietary 3,955.39 3,956.13 -0.75
Foreign 9,848.91 9,658.62 190.29
Individual 15,110.90 16,190.72 -1,079.82
Vietnam index ends down 0.3 pct; banks fall
Vietnam's benchmark VN Index closed down 0.29 percent on Wednesday, dragged by several banks while other blue chips ended flat, helping trim the loss.
Vietcombank , the biggest listed bank by market value, ended down 1.3 percent, followed by Sacombank , BIDV and VietinBank .
Petrovietnam Gas , the country's biggest listed firm, and Vinamilk , closed unchanged.
Banking stocks fell after a state-run newspaper reported on Wednesday that bad debts at banks in Ho Chi Minh City made up 5.53 percent of loans at the end of March, nearly twice the government target to cut the ratio to 3 percent by September 2015.
Here is a snapshot of the VN Index at the close
VN Index 542.82
PREV. CLOSE 544.41
% CHANGE -0.29
SE Asia Stocks -Philippines near 1-week high ahead of rate decision
Southeast Asian stock markets rose on Wednesday as a rise in oil prices gave a boost to energy-related stocks, while interest rate sensitive shares were
mixed in the Philippines, a day before the central bank's meeting to review its benchmark interest rate.
The Philippines' main index was up 0.2 percent at 7,808.35, the highest close since May 7. Trading volume was relatively thin, which was 59 percent of a full-day average over the past 30 days.
Foreign investors sold shares worth a net 556 million peso ($12.5 million), including Metropolitan Bank & Trust , which was down 1.5 percent, stock exchange data showed. However, they bought shares of BDO Unibank , sending the stock 1.4 percent higher.
The Philippine central bank is expected to leave its benchmark interest rate unchanged on Thursday with no immediate threat to its inflation target and growth expected to stay robust.
Palm plantation and energy shares were among outperformers as Brent crude oil rose above $67 a barrel towards five-month highs on Wednesday after U.S. crude stockpiles fell for a second straight week. [
Indonesia-listed oil palm planter Astra Agro Lestari surged 7.7 percent, the biggest percentage gainer on MSCI's index of Southeast Asia. Thai PTT
gained 2.6 percent, the fifth best on MSCI's index of Thailand .
For most sharemarkets, buying was led by domestic investors. Stock exchange data showed foreign investors were net sellers worth 134 million ringgit ($37.26 million) of Malaysia and 380 billion rupiah ($28.93 million) of Indonesia.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3453.17 3442.33 +0.31
Kuala Lumpur 1803.02 1798.61 +0.25
Bangkok 1495.95 1485.72 +0.69
Jakarta 5246.13 5205.61 +0.78
Manila 7808.35 7794.55 +0.18
Ho Chi Minh 542.82 544.41 -0.29