ASEAN KEY DESTINATIONS
25 May 2016
The Straits Times Index (STI) ended 16.43 points or 0.6% higher to 2766.66, taking the year-to-date performance to -4.03%.
The top active stocks today were SingTel, which gained 0.26%, DBS, which gained 0.99%, Global Logistic, which gained 0.85%, OCBC Bank, which gained 0.83% and UOB, with a 0.67% advance.
The FTSE ST Mid Cap Index gained 0.16%, while the FTSE ST Small Cap Index declined 0.17%.
The outperforming sectors today were represented by the FTSE ST Consumer Services Index, which rose 1.02%. The two biggest stocks of the Index - ComfortDelGro Corp and Singapore Press Holdings – ended 1.10% higher and 0.51% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 0.89%. Silverlake Axis shares declined 0.98% and CSE Global declined 1.11%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-1.58%)
STI ETF (+0.36%)
DBXT MSCI Russia Cap 25 ETF 10 (+2.13%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.43%)
Capitamall Trust (unchanged)
Capitacom Trust (+1.08%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+11.77%)
OCBC Bk MB eCW161003 (+6.25%)
UOB MB eCW160705 (-6.06%)
Singapore Stock Market
*ST Index 2,766.66 +16.43 2,750.23 -16.7
Volume: 1,049.4M 966.2M
Value: $793.7M $726.7M
Gainers/Losers: 228/165 120/235
Daily Market Commentary (Securities)
25 May 2016
The FBM KLCI index gained 5.12 points or 0.31% on Wednesday. The Finance Index increased 0.39% to 14243.39 points, the Properties Index dropped 0.18% to 1146.33 points and the Plantation Index rose 0.16% to 7465.75 points. The market traded within a range of 7.54 points between an intra-day high of 1631.12 and a low of 1623.58 during the session.
Actively traded stocks include AAX, AAX-WA, VIVOCOM, CAP, NETX, VIVOCOM-WB, AIRASIA, TIGER, OCR and AWC. Trading volume increased to 1733.24 mil shares worth RM1810.63 mil as compared to Tuesday’s 1723.77 mil shares worth RM1777.54 mil.
Leading Movers were MAXIS (+15 sen to RM5.56), RHBCAP (+14 sen to RM6.06), GENM (+9 sen to RM4.34), PETGAS (+34 sen to RM21.52) and SKPETRO (+2 sen to RM1.61). Lagging Movers were UMW (-25 sen to RM5.15), GENTING (-12 sen to RM8.35), TENAGA (-2 sen to RM14.00), KLCC (-3 sen to RM7.27) and IHH (-1 sen to RM6.55). Market breadth was negative with 302 gainers as compared to 510 losers.
The KLCI closed higher at 1630.96 with last minute spike amid overnight gains in US Market. The performance of our local bourse was in tandem with our regional peers.
Date As of: 25 May 2016
Description Volume Value Frequency
ETF 6,200 4,136,900 12
Stock 4,687,440,444 5,053,770,811,995 225,732
Right 102,058,886 1,097,438,130 1,059
Warrant 18,997,900 210,977,200 753
Total 4,808,503,430 5,055,083,364,225 227,556
Thai alternative bourse's forum showcases listed firms as SMEs role model
BANGKOK, May 24, 2016 -Market for Alternative Investment (mai) jointly with mai Listed Company Association (maiA), and The Siam Commercial Bank (SCB) will hold "mai FORUM 2016" on July 1, 2016 in Bangkok, a big event where more than 100 mai-listed companies together with their shareholders and investors can meet
directly, highlighting mai's role as an alternative fund-raising source for entrepreneurs. In tandem with Thai government's policy, this event facilitates small and medium-sized enterprises (SMEs) to learn how to grow their business from successful mai-listed firms.
mai President Prapan Charoenprawatt stated that to showcase the attractiveness of mai-listed firms, this year's forum which has been held for the third year in a row would highlight investment booths from 100 mai-listed firms. In addition, there would be seminars on economics, investment strategy, capital market benefits, among others, with the launch of "IPO Case Study," a case study handbook providing guidance how to be listed on mai, in order to strengthen
mai-listed firms' capabilities and quality towards sustainability.
maiA President Sumeth Lersumitrkul said that this event has underlined maiA mission to promote growth, synergize capabilities and expand businesses among mai-listed firms. Under the "SME Role Model, opportunity platform for investors and SMEs with mai" concept, the event would be full of exhibitions and seminars joined by mai listed firms' executives to present their company strengths and effectiveness directly to investors and shareholders, and share their experience in growing family business via the capital market for SMEs. In additions, there would be a special seminar to get insights on government policy to support SMEs.
SCB First Executive Vice President Sarut Ruttanaporn said that SCB has always been fully equipped to support Thai businesses to drive the Thai economy. One of the ways we do this was by sponsoring this mai forum for three consecutive years to strengthen and support SMEs' business growth through financial supports, consultation, seminar, ect.
As of 25 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,168.21 2,552.09 1,616.12
Proprietary 4,033.67 3,424.17 609.50
Foreign 10,254.15 9,888.32 365.83
Individual 18,565.43 1,156.87 - 2,591.44
Total Trading Value 37,021.46 M.Baht
Vietnam shares end nearly flat, energy stocks rise on oil prices
Vietnam's benchmark VN Index .VNI edged up 0.04 percent to close nearly flat on Wednesday, a second straight session of slight rebounds, led by energy stocks.
Shares of PetroVietnam Gas GAS.HM rallied 1.77 percent after oil futures pushed closer to $50 a barrel with U.S. crude hitting its highest in more than seven months after industry data suggested a larger-than-expected drawdown in U.S. crude inventories last week.
Trading volume was 139.4 million shares, compared with the five-day average of 127.03 million, while the index has lost a combined 0.5 percent so far this week.
Here is a snapshot of the VN Index .VNI at the close
VN Index 611.89
PREV. CLOSE 611.62
% CHANGE +0.04%
SE Asia Stocks-Strong U.S. home sales data boosts risk appetite
Southeast Asian stocks closed higher on Wednesday as investor risk appetite got a boost on data showing
new home sales in the U.S. raced to a more than eight-year peak in April, while rising global oil prices helped energy shares gain.
U.S. home prices also hit a record high, with the report coming in the wake of fairly upbeat data on home resales and
residential construction, offering further evidence of a pick-up in economic growth early in the second quarter.
"Investors are less concerned about the global slowdown because of upbeat data coming out of the U.S. and Europe," said Grace Aller, an analyst with Manila-based AP Securities.
European markets were higher across the board after a debt deal with Greece.
Philippine stocks .PSI closed up 1.5 percent, extending gains into a third session, led by financials .PSFI . Bank of
the Philippine Islands BPI.PS gained 2.84 pct.
Crude oil prices nearing $50 levels has been putting a lot of tailwinds into Philippine markets, said Victor Felix from AB Capital Securities Inc in Manila.
U.S. crude prices hit a seven-month high at $49.45 after industry data suggested a larger-than-expected drawdown in U.S. crude inventories last week.
No surprise moves from an OPEC meeting slated for June 2 will bode well for Philippine stocks, Felix added.
Indonesia .JKSE closed higher, rebounding from Tuesday's losses. Oil and gas company Perusahaan Gas Negara (Persero) Tbk PT PGAS.JK rose 5.2 percent.
Financials also gained after Indonesia's central bank said it may ease monetary policy again next month.
Thailand .SETI closed up nearly 1 percent, led by energy stocks, while Malaysia .KLSE cut early losses to close
Singapore's Straits Times index .STI ended 0.6 percent higher, with shares of oil-rig firm Keppel Corp KPLM.SI up 0.8 percent.
Asian shares climbed, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rising 1.92
percent, its biggest intraday percentage gain since March 30.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2766.66 2750.23 0.60
Bangkok 1397.63 1384.26 0.97
Manila 7463.95 7356.72 1.46
Jakarta 4772.977 4710.785 1.32
Kuala Lumpur 1630.96 1625.84 0.31
Ho Chi Minh 611.89 611.62 0.04