ASEAN KEY DESTINATIONS
26 May 2015
The Straits Times Index (STI) ended 0.87 points or 0.03% lower to 3459.98, taking the year-to-date performance to +2.82%.
The top active stocks today were Singtel, which gained 0.47%, DBS, which declined 0.34%, Global Logistic, which gained closed unchanged, HongkongLand USD, which gained 1.04% and UOB, with a 0.13% advance.
The FTSE ST Mid Cap Index declined 0.29%, while the FTSE ST Small Cap Index rose 0.26%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 1.83%. The two biggest stocks of the Index - Raffles Medical Group and Biosensors International Group – ended 1.39% higher and 0.63% higher respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 0.41%. Jardine Matheson Holdings shares declined 0.83% and Jardine Strategic Holdings declined 0.73%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.80%)
DBXT MSCI Asia Ex Japan ETF (+0.08%)
IS MSCI India (-1.06%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (-0.61%)
Suntec REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW151002 (-5.43%)
Singapore Stock Market
*ST Index 3,459.98 -0.87 3,460.85 +10.67
Volume: 1,682.6M 1,788M
Value: $824.8M $596.6M
Gainers/Losers: 218/262 195/248
Daily Market Commentary (Securities)
26 May 2015
The FBM KLCI index lost 3.31 points or 0.19% on Tuesday. The Finance Index fell 0.47% to 15729.08 points, the Properties Index dropped 0.17% to 1271.28 points and the Plantation Index down 0.09% to 7406.73 points. The market traded within a range of 20.98 points between an intra-day high of 1776.07 and a low of 1755.09 during the session.
Actively traded stocks include AAX, FRONTKN, XINGHE, IFCAMSC, FBMKLCI-HD, TMS, XINGHE-WA, VSOLAR, PERISAI and SUMATEC. Trading volume decreased to 1582.52 mil shares worth RM1937.18 mil as compared to Monday’s 1859.45 mil shares worth RM1909.51 mil.
Leading Movers were PETDAG (+48 sen to RM19.68), AXIATA (+11 sen to RM6.60), SKPETRO (+4 sen to RM2.61), ASTRO (+2 sen to RM3.15) and IOICORP (+2 sen to RM4.05). Lagging Movers were KLCC (-19 sen to RM6.96), CIMB (-14 sen to RM5.61), PETGAS (-38 sen to RM21.58), PPB (-34 sen to RM14.94) and HLFG (-34 sen to RM15.80). Market breadth was positive with 485 gainers as compared to 318 losers.
The KLCI reversed its mid-day gains and ended 3.31 points lower at 1764.07 points, following renewed concern on Greece’s ability to repay a loan to IMF due next week. The downtrend in our benchmark index was dragged down by losses in heavyweight counters such as KLCC, CIMB and PPB.
As of 26 May 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 2,490.09 4,209.14 -1,719.05
Proprietary 2,383.30 3,604.44 -1,221.14
Foreign 7,283.44 6,169.77 1,113.68
Individual 17,849.86 16,023.35 1,826.51
Total Trading Value 30,006.69 M.Baht
Vietnam index ends at over 5-week high, volume jumps
Vietnam's benchmark VN Index closed at its highest level in over five weeks on Tuesday as investors sought to buy banking and insurance stocks among blue chips.
The index rose 0.75 percent to end at 567.2, the highest level since April 17, while volume rose to 143.16 million shares, above the five-day average of 122.28 million.
Baoviet Holdings , the country's largest insurer, rose 4.6 percent, leading the gainers which included all the six listed banks. Hanoi-based BIDV, the country's largest partly private lender by assets, rose 3.23 percent.
Shares in BIDV advanced after the lender completed its acquisition of a smaller bank on Monday and also projected its gross profit to rise 16 percent a year to reach $458 million in 2017, a BIDV executive was quoted on Tuesday as saying.
Here is a snapshot of the VN Index at the close
VN Index 567.20
PREV. CLOSE 563.00
% CHANGE +0.75
SE Asia Stocks - Mostly down; Thai shares near 2-week low
Most sharemarkets in Southeast Asia fell on Tuesday with the Thai index ending at a near two-week low and the Philippines touching a near four-week low after trade data while stocks in Indonesia bucked a weak trend on inflows into select large-caps.
The Thai SET index eased 0.7 percent to 1,497.98, its lowest close since May 14. Exports fell less than expected in April, but data still shows the country's key growth engine cannot push the struggling economy ahead.
Investors lowered risk holdings awaiting more data this week to gauge the health of economy, with the manufacturing output index due on Thursday and indices on consumption and investment on Friday.
Large-cap banks such as Bangkok Bank and Krung Thai Bank underperformed after they cut interest rates to match a similar move by the central bank.
The Philippine index posted a fourth straight loss, finishing the day down 0.4 percent at its lowest close since April 30, with data showing a fall in imports in March.
In Jakarta, the key index closed up 0.6 percent at a one-month high. Foreign investors were net buyers of Perusahaan Gas Negara and Telkom Indonesia , sending the stocks up 3.7 percent and 1.4 percent, respectively.
Singapore's Straits Times Index was nearly flat after data showed Singapore's economy grew faster than expected in the first quarter but the market weighed some signs of drag from uneven global growth.
Malaysia fell for a fourth day to its lowest close since Jan 20, while Vietnam posted a sixth straight gain.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3459.98 3460.85 -0.03
Kuala Lumpur 1764.07 1767.38 -0.19
Bangkok 1497.98 1508.16 -0.67
Jakarta 5320.90 5288.36 +0.62
Manila 7728.50 7761.53 -0.43
Ho Chi Minh 567.20 563.00 +0.75