ASEAN KEY DESTINATIONS
13 May 2016
The Straits Times Index (STI) ended 10.48 points or 0.38% lower to 2734.91, taking the year-to-date performance to -5.13%.
The top active stocks today were SIA, which declined 5.42%, SingTel, which declined 0.26%, DBS, which gained 0.40%, OCBC Bank, which gained 0.12% and Global Logistic, with a 1.43% fall.
The FTSE ST Mid Cap Index declined 0.47%, while the FTSE ST Small Cap Index declined 0.46%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 3.40%. The two biggest stocks of the Index - Raffles Medical Group and Riverstone Holdings – ended 4.26% higher and 1.69% higher respectively.
The underperforming sector was the FTSE ST Consumer Services Index, which slipped 1.74%. ComfortDelGro shares increased 1.08% and Singapore Press Holdings declined 0.26%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.33%)
STI ETF (-0.36%)
DBXT MSCI Indonesia ETF 10 (-1.28%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-2.50%)
Suntec REIT (-0.30%)
Capitamall Trust (-1.44%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (unchanged)
Singapore Stock Market
*ST Index 2,734.91 -10.48 2,745.39 +12.52
Volume: 982.1M 1,275.5M
Value: $1,040.1M $832M
Gainers/Losers: 140/249 190/184
Daily Market Commentary (Securities)
13 May 2016
The FBM KLCI index lost 20.72 points or 1.26% on Friday. The Finance Index fell 1.89% to 14305.03 points, the Properties Index dropped 0.17% to 1162.08 points and the Plantation Index down 1.14% to 7455.46 points. The market traded within a range of 26.21 points between an intra-day high of 1645.14 and a low of 1618.93 during the session.
Actively traded stocks include VIVOCOM, VIVOCOM-WB, CIMB, ARMADA, MAYBANK, AAX-WA, AAX, SKPETRO, KANGER-WA and VIVOCOM-WC. Trading volume decreased to 1825.34 mil shares worth RM2806.34 mil as compared to Thursday’s 2040.49 mil shares worth RM1791.51 mil.
Leading Movers were ASTRO (+8 sen to RM2.80), IHH (+12 sen to RM6.60), BAT (+86 sen to RM48.98), HLBANK (+14 sen to RM13.44) and TM (+3 sen to RM6.63). Lagging Movers were CIMB (-27 sen to RM4.40), SIME (-31 sen to RM7.28), PETCHEM (-25 sen to RM6.20), MAYBANK (-33 sen to RM8.49) and UMW (-23 sen to RM6.03). Market breadth was negative with 272 gainers as compared to 607 losers.
The KLCI ended the week on a negative note, closed lower at 1628.26 points amid overnight mixed performance in Wall Street. The performance of our local bourse was bogged down by selling interest in heavy weights counters like CIMB, Maybank and Sime Darby.
Date As of: 13 May 2016
Description Volume Value Frequency
ETF 10,600 6,474,500 13
Stock 4,390,616,579 5,735,423,134,866 226,658
Right 318,000 24,139,300 35
Warrant 5,889,100 74,059,000 184
Total 4,396,834,279 5,735,527,807,666 226,890
As of 13 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,946.27 3,868.60 1,077.67
Proprietary 4,657.65 5,020.42 -362.77
Foreign 16,667.72 12,551.55 4,116.16
Individual 23,961.90 28,792.96 -4,831.06
Total Trading Value 50,233.54 M.Baht
Vietnam index drops but posts sixth straight weekly gain
Vietnam's benchmark VN Index .VNI ended down 0.21 percent on Friday for a straight second session of losses with most blue chips heading south led by food stocks.
Dairy products maker Vinamilk VNM.HM , the country's top firm by market value, eased 0.69 percent, followed by food producer Masan Group MSN.HM , which dropped 2.08 percent.
PetroVietnam Gas GAS.HM bucked the trend, rallying 2.86 percent after oil prices rose on Thursday with U.S. crude
hitting a six-month high, as investors weighed a forecast for tighter global supplies against signs of another storage build at the hub for U.S. crude futures.
The index, Southeast Asia's best performer in 2015, has gained a combined 0.7 percent, posting the sixth straight weekly gain.
Here is a snapshot of the VN Index .VNI at the close
VN Index 610.82
PREV. CLOSE 612.12
% CHANGE -0.21%
SE Asia Stocks-Malaysia falls over 1 pct, Philippines bounces back
Most Southeast Asian stocks closed lower on Friday, led by Malaysia which posted its slowest quarterly economic growth since 2009, while the Philippine index bounced back from the previous session's losses.
Malaysia's economy expanded 4.2 percent in January-March compared with a year earlier, broadly in line with expectations but down from the 4.5 growth percent in the previous three months, as exports and domestic demand were weak.
"The balance of risks in 2016 is skewed towards growth disappointment and fiscal slippage, with inflation pressures of
second-order concern," ANZ stated in a note on Friday.
The FTSE Bursa Malaysia KLCI index .KLSE closed down 1.26 percent, driven by basic materials.
Investment bank CIMB Group CIMB.KL was the biggest loser with a drop of 5.78 percent, while oilfield services provider Sapurakencana Petroleum Bhd SKPE.KL finished about 3.1 percent down.
"Structurally, lower oil prices mean that Malaysia will still be confronted with significant growth and fiscal
headwinds, with residual concerns about 1MDB," adds ANZ.
The troubled Malaysian state fund, which is at the centre of a multi-billion-dollar graft scandal, said last month it was in default after missing some bond payments.
In the Philippines, stocks rallied after the country's central bank left the benchmark interest rate flat at 4 percent,
expecting economic growth to remain strong.
The Philippine main index .PSI closed up 1.53 percent led by industrials.
Ayala Corp AC.PS closed higher 5.28 percent, while Petron Corp PCOR.PS finished 4.6 percent up.
"President-elect Rodrigo Duterte disclosed his eight-point economic agenda upon his transition yesterday which has been taken positively by the market," said Luz Lorenzo, a Maybank KimEng analyst.
The wide-ranging economic agenda includes tax reforms to accelerating infrastructure building to support services for
farmers and attracting foreign investments by reducing crime, according to media reports.
Indonesia .JKSE fell 0.9 percent, dragged down by financials and materials, while Thailand's main index .SETI
closed marginally down.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 2734.91 2745.39 -0.38
Bangkok 1394.69 1399.31 -0.33
Manila 7436.79 7325.04 1.53
Jakarta 4761.715 4803.322 -0.87
Kuala Lumpur 1628.26 1648.98 -1.26
Ho Chi Minh 610.82 612.12 -0.21