ASEAN KEY DESTINATIONS
18 May 2016
The Straits Times Index (STI) ended 4 points or 0.14% lower to 2777.11, taking the year-to-date performance to -3.66%.
The top active stocks today were Global Logistic, which gained 4.67%, SingTel, which declined 0.77%, DBS, which declined 0.20%, SIA, which gained 1.22% and OCBC Bank, with a 0.12% fall.
The FTSE ST Mid Cap Index declined 0.26%, while the FTSE ST Small Cap Index declined 0.24%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 0.69%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 1.66% higher and 4.67% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.16%. Midas Holdings shares declined 1.85% and Geo Energy Resources declined 1.77%.
The three most active Exchange Traded Funds (ETFs) by value today were:
iShares USD Asia HY Bond ETF (-0.56%)
STI ETF (-0.71%)
DBXT MSCI Taiwan ETF 10 (-0.97%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.28%)
Capitamall Trust (+0.48%)
Capitacom Trust (+0.71%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (-5.68%)
OCBC Bk MBeCW161004 (-5.33%)
Singapore Stock Market
*ST Index 2,777.11 -4 2,781.11 +45.05
Volume: 1,933.4M 1,798.6M
Value: $1,056.2M $1,176.3M
Gainers/Losers: 176/192 268/156
Daily Market Commentary (Securities)
18 May 2016
The FBM KLCI index gained 2.33 points or 0.14% on Wednesday. The Finance Index increased 0.30% to 14350.69 points, the Properties Index dropped 0.22% to 1152.26 points and the Plantation Index down 0.11% to 7482.6 points. The market traded within a range of 16.21 points between an intra-day high of 1637.67 and a low of 1621.46 during the session.
Actively traded stocks include CONNECT-PR, AAX-WA, AAX, SALUTE, VIVOCOM, VIVOCOM-WB, MTOUCHE, KNM, AIRASIA and ARMADA. Trading volume increased to 1881.21 mil shares worth RM1993.99 mil as compared to Tuesday’s 1703.84 mil shares worth RM1721.17 mil.
Leading Movers were DIGI (+18 sen to RM4.62), BAT (+108 sen to RM49.08), MAYBANK (+13 sen to RM8.66), GENTING (+10 sen to RM8.90) and AXIATA (+5 sen to RM5.42). Lagging Movers were MISC (-20 sen to RM7.31), UMW (-15 sen to RM5.62), SKPETRO (-3 sen to RM1.58), GENM (-6 sen to RM4.30) and PPB (-20 sen to RM15.80). Market breadth was negative with 302 gainers as compared to 518 losers.
The KLCI erased its midday losses and closed higher at 1635.72 points despite overnight losses in Wall Street following concern of an earlier interest rate hike by the Federal Reserve.
Date As of: 18 May 2016
Description Volume Value Frequency
ETF 3,300 1,461,500 09
Stock 5,517,388,809 5,737,741,400,222 263,573
Right 40,789,400 94,452,100 116
Warrant 11,233,200 296,074,800 563
Total 5,569,414,709 5,738,133,388,622 264,261
Thai bourse initiates two new awards for "SET Awards 2016"
BANGKOK, May 18, 2016 - The Stock Exchange of Thailand (SET) has joined Money & Banking magazine to organize the 13th SET Awards, initiating two new awards: the Best Innovative Company Awards and the Young Rising Star CEO Award, while adjusting award criteria to meet the current competitive nature of the business world, and announcing list of qualified firms after preliminary screening to compete for awards by year end.
SET President Kesara Manchusree, said that while aiming to recognize outstanding achievements of the organizations and the leaders for the past 13 years of the SET Awards, SET has kept pace with the new business landscape. In 2016, two more awards have been introduced namely the Best Innovative Company Awards and the Young Rising Star CEO Award, to reflect the development of listed companies and the transition to the new generation of executives. The criteria have also been adjusted to correspond with the ever-competitive business environment and to accommodate the age of financial technology while significantly promoting the growth and competitiveness of companies in the Thai capital market. A total of 545 companies have passed the preliminary screening process and become qualified
to compete for the SET Awards 2016.
"The Best Innovative Company Awards' concept is to recognize and value the introduction of innovation for the company's long-term sustainability and for the country's competitive capabilities, while the Young Rising Star CEO Awards' concept is to honor an outstanding new-generation executive. In selecting the winners of the Best Company Performance Awards and the Best Investor Relations Awards, qualified SET-listed companies will still be divided into five groups, based on their market capitalization, with an additional group of Market for Alternative Investment (mai)-listed companies, like in previous years," added Kesara.
Money & Banking magazine Editor-in-Chief Santi Viriyarungsarit, the SET Awards co-host and one of the SET Awards 2016 distinguished judges, said that in addition to new awards, the awarding criterion of the Best Securities Companies have been revised according to the technological development to meet customer demand, in order to better respond to today's ever-changing technological environment. All these refinements are aimed at concurrently ensuring the SET Awards' continuation to play an important role in supporting the development of the Thai capital market to achieve competitive capabilities and growth potential at industrial, social and market-wide levels in the long run.
The SET Awards 2016 are grouped into six categories, including 1) the Best CEO Awards and the Young Rising Star CEO Award, 2) the Best Company Performance Awards, 3) the Best Investor Relations Awards, 4) the Best Innovative Company Awards, 5) the Best Securities Company Awards, and 6) the Best Asset Management Company Awards, as well as the SET Award of Honor for the organizations or persons with continued outstanding performances in various areas. TRIS Corporation Limited handles the award evaluation process.
As of 18 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,574.06 4,096.74 -522.68
Proprietary 4,284.36 4,790.46 -506.10
Foreign 13,818.69 12,915.75 902.94
Individual 21,445.18 21,319.33 125.85
Total Trading Value 43,122.28 M.Baht
Vietnam index drops; energy stocks lead fall on profit-taking
Vietnam's benchmark VN Index .VNI dropped 0.37 percent at the close on Wednesday, after hitting a near 10-month closing high in the previous session, as most energy stocks led the losses on profit-taking.
PetroVietnam Gas GAS.HM drops 1.7 pct as investors took profit after company posted an over nine-month closing high on Tuesday.
Top dairy products maker Vinamilk VNM.HM , the country's top firm by market value, lost 1.36 percent despite news of a possible lifting of foreign ownership limit.
Here is a snapshot of the VN Index .VNI at the close
VN Index 622.45
PREV. CLOSE 624.75
% CHANGE -0.37%
SE Asia Stocks-Fed rate hike expectations hit sentiment
Southeast Asian stocks were lower or little changed at the close of trade on Wednesday, in line with
Asian shares, after some U.S. Fed officials flagged prospects of a rate increase, leaving the door open to a change in monetary policy relatively soon.
A U.S. Federal Reserve policymaker said on Tuesday that he will push for an interest rate hike in June or July and two
others still see up to three rate increases this year.
Asian markets fell as the assumed shift towards more tightening by the Fed came as bad news for stock markets. The
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 1.1 percent.
Singapore's Straits Times Index .STI closed slightly lower as consumer services lost ground.
Jardine Cycle & Carriage Ltd JCYC.SI dropped 1.6 percent, while Genting Singapore PLC GENS.SI fell 1.3 percent.
The index has fallen 3.5 percent this year as of Tuesday's close.
The Thai index .SETI snapped a 2-day rally, dragged down by banks. Siam Commercial Bank SCB.BK , Thailand's third-largest lender, lost 1.6 percent.
Vietnam stocks .VNI ended 0.4 percent lower, after hitting a near 10-month closing high in the previous session.
Indonesia .JKSE closed marginally higher, recovering from 3 days of losses, with energy stocks gaining as oil futures
traded near 2016 highs on Wednesday.
Fuel distributor PT AKR Corporindo Tbk AKRA.JK was up 4.7 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2777.11 2781.11 -0.14
Bangkok 1400.5 1406.57 -0.43
Manila 7534.3 7524.84 0.13
Jakarta 4734.357 4729.156 0.11
Kuala Lumpur 1635.72 1633.39 0.14
Ho Chi Minh 622.45 624.75 -0.37