ASEAN KEY DESTINATIONS
17 May 2016
The Straits Times Index (STI) ended 45.05 points or 1.65% higher to 2781.11, taking the year-to-date performance to -3.53%.
The top active stocks today were ThaiBev, which gained 5.42%, Global Logistic, which gained 4.00%, DBS, which gained 1.14%, OCBC Bank, which gained 2.05% and UOB, with a 2.10% advance.
The FTSE ST Mid Cap Index gained 0.71%, while the FTSE ST Small Cap Index rose 1.27%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 5.83%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 6.07% higher and 5.77% higher respectively.
The underperforming sector was the FTSE ST Health Care Index, which slipped 0.13%. Raffles Medical Group shares declined 0.63% and Riverstone Holdings declined 1.12%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.83%)
STI ETF (+1.43%)
IS MSCI India 100 (+1.81%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.43%)
Capitacom Trust (+1.08%)
Capitamall Trust (+0.49%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+15.79%)
KepCorp MBeCW161101 (+23.81%)
Singapore Stock Market
*ST Index 2,781.11 +45.05 2,736.06 +1.15
Volume: 1,798.6M 2,614.1M
Value: $1,176.3M $848.1M
Gainers/Losers: 268/156 200/227
Daily Market Commentary (Securities)
17 May 2016
The FBM KLCI index gained 12.18 points or 0.75% on Tuesday. The Finance Index increased 0.59% to 14307.76 points, the Properties Index dropped 0.10% to 1154.79 points and the Plantation Index rose 0.71% to 7490.77 points. The market traded within a range of 14.93 points between an intra-day high of 1634.41 and a low of 1619.48 during the session.
Actively traded stocks include AAX, AAX-WA, VIVOCOM, COMPUGT, AIRASIA, VIVOCOM-WB, MTOUCHE, KNM, SGB-PA and SUMATEC. Trading volume increased to 1703.84 mil shares worth RM1721.17 mil as compared to Monday’s 1699.18 mil shares worth RM1689.07 mil.
Leading Movers were PETCHEM (+19 sen to RM6.41), GENTING (+24 sen to RM8.80), PETGAS (+54 sen to RM21.46), PETDAG (+56 sen to RM23.28) and SIME (+14 sen to RM7.40). Lagging Movers were UMW (-13 sen to RM5.77), AMMB (-6 sen to RM4.41), ASTRO (-2 sen to RM2.77), AXIATA (-3 sen to RM5.37) and MAXIS (-3 sen to RM5.43). Market breadth was positive with 479 gainers as compared to 341 losers.
The KLCI halted its losing streak after gained 12.18 points to 1633.39 points amid overnight gains in US market after rally in crude prices. Our benchmark index was buoyed by bargain-hunting.
Date As of: 17 May 2016
Description Volume Value Frequency
ETF 62,000 22,078,000 06
Stock 4,290,495,408 4,863,911,500,335 219,249
Right 208,800 34,545,200 23
Warrant 8,296,300 231,981,200 457
Total 4,299,062,508 4,864,200,104,735 219,735
As of 17 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 7,991.64 4,494.27 3,497.37
Proprietary 5,875.07 5,809.68 65.39
Foreign 13,204.53 13,855.50 -650.98
Individual 25,868.53 28,780.31 -2,911.78
Total Trading Value 52,939.77 M.Baht
Vietnam shares post near 10-mth closing high, led by energy stocks
Vietnam's benchmark VN Index .VNI rose 1.5 percent on Tuesday and posted its highest closing level since July 2015, led by energy stocks as oil futures extended gains.
Winners outnumbered losers by more than two to one.
PetroVietnam Gas GAS.HM closed 6.3 percent higher, marking its highest closing level since July 31, 2015, while top insurer BaoViet Holdings BVH.HM climbed 6.8 percent to a more than six-month closing high a day ahead of its annual shareholder meeting.
Here is a snapshot of the VN Index .VNI at the close
VN Index 624.75
PREV. CLOSE 615.78
% CHANGE +1.46%
SE Asia Stocks-Rise on higher oil; Vietnam, Singapore lead
Most Southeast Asian stocks rose on Tuesday, led by energy stocks as global oil prices climbed for a second day to a near 6-month high, with Vietnam up 1.5 percent to hit its highest since July.
Oil traded at around $49 a barrel supported by supply outages in Nigeria, Canada and other producers that are eroding
a persistent glut.
Vietnam .VNI closed at a more than nine-month high, riding on energy stocks. The smallest of the six main Southeast Asian markets has gained 6.3 percent this year as of Monday's close.
"Short-term movements are hard to predict and volatility is always there but I expect the market to remain resilient
throughout the rest of 2016," said Dang Van Phap, research manager at Viet Capital Securities.
PetroVietnam Gas GAS.HM finished 6.3 percent higher, while PetroVietnam Well & Drilling Services Corp PVD.HM was up 6.7 percent.
Singapore shares .STI closed at a 2-week high, with oil-rig firm Keppel Corp KPLM.SI up 4.5 percent and offshore
engineering firm Sembcorp Marine SCMN.SI closing nearly 8 percent higher.
Malaysia rose about 1 percent ahead of a central bank decision on interest rates on Thursday. SapuraKencana Petroleum SKPE.KL was up 1.9 percent.
Bank Negara Malaysia will likely hold its overnight policy rate MYINTR=ECI at 3.25 percent on expectations economic growth will improve in the coming quarters, a Reuters poll showed.
Indonesia .JKSE dipped slightly as financials took a hit, with the Jakarta Finance Index .JKFINA closing more than 1 percent lower, dragged down by the country's three largest state-controlled banks.
"Given the management guidance, we think the banking sector still poses downside risks, particularly from rising NPL
(non-performing loans) and noise on lending rate intervention," Trimegah Securities said in a note.
Thai stocks were 0.6 percent higher, led by telecomm services and energy shares.
Broader Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 0.9
percent, extending its recovery from a two-month low set on Friday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2781.11 2736.06 1.65
Bangkok 1406.57 1397.63 0.64
Manila 7524.84 7511.74 0.17
Jakarta 4729.156 4731.562 -0.05
Kuala Lumpur 1633.39 1621.21 0.75
Ho Chi Minh 624.75 615.78 1.46