ASEAN KEY DESTINATIONS
14 May 2015
The Straits Times Index (STI) ended 2.61 points or 0.08% higher to 3455.78, taking the year-to-date performance to +2.69%.
The top active stocks today were UOB, which declined 0.41%, DBS, which gained 0.62%, SingTel, which gained closed unchanged, Keppel Corp, which gained 0.57% and YZJ Shipbldg SGD, with a 1.02% advance.
The FTSE ST Mid Cap Index gained 0.14%, while the FTSE ST Small Cap Index declined 0.11%.
The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index, which rose 0.66%. The two biggest stocks of the Index – CapitaLand Mall Trust and Ascendas REIT – ended 2.36 % higher and 0.83% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.23%. Midas Holdings shares declined 1.33% and Geo Energy Resources rose 1.02%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+1.73%)
IS MSCI India (+0.28%)
Ishares Usd Asia Hy Bond ETF (+0.19%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (+1.23%)
Ascendas REIT (+0.83%)
CapitaLand Mall Trust (+2.36%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW151001 (-0.81%)
UOB MB eCW151002 (-4.35%)
KepCorp MBeCW150901 (+3.57%)
Singapore Stock Market
*ST Index 3,456.2 +0.42 3,455.78 +2.61
Volume: 642.9M 1,490.6M
Value: $563.8M $971M
Gainers/Losers: 184/180 215/222
Daily Market Commentary (Securities)
14 May 2015
The FBM KLCI index gained 4.53 points or 0.25% on Thursday. The Finance Index increased 0.32% to 16058.96 points, the Properties Index dropped 0.65% to 1302.96 points and the Plantation Index rose 0.22% to 7502.66 points. The market traded within a range of 4.27 points between an intra-day high of 1807.90 and a low of 1803.63 during the session.
Actively traded stocks include VSOLAR, KANGER, JAG, UNISEM-WA, SKPRES-WA, NEXGRAM, BIOHLDG, UEMS, FRONTKN and SMTRACK. Trading volume decreased to 1574.17 mil shares worth RM1794.43 mil as compared to Wednesday’s 1688.57 mil shares worth RM2005.61 mil.
Leading Movers were KLK (+66 sen to RM22.00), PETCHEM (+17 sen to RM6.16), CIMB (+11 sen to RM6.00), GENTING (+13 sen to RM9.20) and AXIATA (+6 sen to RM6.79). Lagging Movers were IOICORP (-9 sen to RM4.21), BAT (-38 sen to RM63.74), PPB (-8 sen to RM15.38), SKPETRO (-4 sen to RM2.70) and YTL (-2 sen to RM1.65). Market breadth was positive with 411 gainers as compared to 355 losers.
The KLCI inched up 4.53 points and closed at 1807.55 points amid lack of local catalyst and was in line with overnight US market that ended mixed following rising bond yields and flat retail sales in April. The performance of our local bourse was buoyed by gains in heavyweight counters, such as Petronas Chemicals, CIMB and Tenaga.
Thai bourse market report for April 2015
Bangkok, May 14, 2015 - The Stock Exchange of Thailand (SET) main index ended April at 1,526.74 points, up 1.4 percent from a month earlier, or up 1.9 percent from end-2014. The combined average daily trading value of SET and mai was THB 42.44 billion (approx. USD 1.29 billion).The combined market capitalization of SET and mai remained high at THB 14.73 trillion. The Bank of Thailand's policy rate cut (for the second consecutive month) and the oil price rise in the global markets were favorable to Resources industry and Petrochemicals & Chemicals sector. Foreign investors were net buyers of equity market for the second consecutive month this year, worth THB 2.10 billion, corresponding with the European Central Bank's implementation of its quantitative easing (QE) policy and Thai government's martial law lift on April 1.
Key highlights for April
- SET Index closed at 1,526.74 points at the end of March, up 1.4 percent from a month earlier, or up 1.9 percent from the end of 2014.
- At the end of April, the combined market capitalization of SET and mai increased from a month earlier. SET's was THB 14.32 trillion, up 1.42 percent from a month earlier, or up 3.33 percent from end-2014, while mai's was THB 411.13 billion, up 3.33 percent from a month earlier, or up 7.32 percent from end-2014.
- At the end of April, combined average daily trading value of SET and mai was THB 42.44 billion, up 36 percent from the same period last year.
- The forward P/E ratio of SET was 15.20 times, while mai's was 22.32 times.
- The dividend yield of SET was 2.93 percent, while mai's was 0.96 percent.
- Foreign investors were net buyers of equity market for the second consecutive
month this year, worth THB 2.10 billion
- Listed companies on SET and mai raised funds through equity worth a combined THB 3.27 billion, wholly from the secondary market. During the four months ended April 30, 2015, the combined fundraising of listed companies on SET and mai was THB 132.27 billion, a 3.2 times increase over the same period last year.
- In April, derivatives trading volume down to 156,821 contracts, mostly due to a decrease in single stock futures and SET50 index futures.
For more information, please visit www.set.or.th/setresearch .
As of 14 May 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,805.53 4,552.10 -746.57
Proprietary 4,314.78 3,985.00 329.78
Foreign 9,370.73 10,124.25 -753.52
Individual 17,221.39 16,051.09 1,170.31
Total Trading Value 34,712.44 M.Baht
Vietnam index closes 0.2 pct higher, banks lead
Vietnam's benchmark VN Index edged up 0.16 percent at the close on Thursday in mixed trading, with gains in banking shares cushioning falls in other blue chips.
VietinBank , Vietnam's biggest partially state-owned lender by assets, climbed 2.29 percent and Hanoi-based bank BIDV advanced 1.16 percent, on buying by foreign investors, while lender Vietcombank rose 0.52 percent.
Top mobile phone retailer Mobile World Investment Corp, however, dropped 6.79 percent despite reporting late on Wednesday that its first quarter net profit jumped 38 percent from a year ago to 233 billion dong ($10.72 million).
Following is a snapshot of the VN Index at the close
VN Index 543.69
PREV. CLOSE 542.82
% CHANGE +0.16
SE Asia Stocks - Philippines at one-week high; rate steady as expected
Southeast Asian stock markets ended higher on Thursday after range-bound trading, with the Philippine index extending gains to a one-week high before the central bank's interest rate decision, while investors awaited economic data in the region.
The Philippine main index rose for a fourth straight session, adding 0.3 percent to 7,831.44, its highest close since May 6.
Interest-rate sensitive bank and property shares were among the actively traded, with Bank of the Philippine Islands up 0.2 percent and Ayala Land rising 0.4 percent.
The Philippine central bank kept its benchmark interest rate steady for a fifth meeting in a row on Thursday, as expected, with domestic conditions remaining robust. The announcement came after market close.
The market saw net foreign selling worth 608 million peso ($13.7 million), including selling in Bloomberry Resorts Corp, which reported a quarterly net loss.
The Thai SET index ended a tad higher after a choppy session. Investors sold large-caps such as PTT Pcl and Minor International Pcl <MINT.BK> after weak quarterly earnings.
Investors awaited economic data in the region for clues about the health of the region. Key releases on Friday include Indonesia's current account data for the first quarter and Singapore's retail sales for March.
Malaysia is also expected to report first-quarter GDP growth of 5.5 percent from a year earlier, slower than 5.8 percent in the fourth quarter.
Thailand's first quarter GDP data is due on Monday.
Indonesia was closed on Thursday for a public holiday, and reopens Friday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3455.78 3453.17 +0.08
Kuala Lumpur 1807.55 1803.02 +0.25
Bangkok 1497.40 1495.95 +0.10
Manila 7831.44 7808.35 +0.30
Ho Chi Minh 543.69 542.82 +0.16