ASEAN KEY DESTINATIONS
27 May 2016
The Straits Times Index (STI) ended 29.2 points or 1.05% higher to 2802.51, taking the year-to-date performance to -2.78%.
The top active stocks today were DBS, which gained 1.44%, SingTel, which gained 1.81%, OCBC Bank, which gained 0.71%, UOB, which gained 0.89% and Global Logistic, with a 0.85% advance.
The FTSE ST Mid Cap Index gained 0.52%, while the FTSE ST Small Cap Index rose 0.26%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 1.72%. The two biggest stocks of the Index - SingTel and StarHub – ended 1.81% higher and 0.86% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.07%. Midas Holdings shares remained unchanged and Geo Energy Resources remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.44%)
DBXT MSCI Indonesia ETF 10 (+0.57%)
IS MSCI India 100 (+2.24%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
Capitamall Trust (+0.49%)
Capitacom Trust (-0.35%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160711 (+13.68%)
UOB MB eCW161031 (unchanged)
DBS MB eCW161031 (unchanged)
Singapore Stock Market
*ST Index 2,802.51 +29.2 2,773.31 +6.65
Volume: 781M 974.8M
Value: $916.1M $775M
Gainers/Losers: 212/144 207/180
Daily Market Commentary (Securities)
27 May 2016
The FBM KLCI index gained 6.10 points or 0.37% on Friday. The Finance Index increased 0.06% to 14250.52 points, the Properties Index dropped 0.27% to 1144.71 points and the Plantation Index rose 0.07% to 7492.56 points. The market traded within a range of 4.63 points between an intra-day high of 1634.87 and a low of 1630.24 during the session.
Actively traded stocks include AIRASIA, AAX-WA, AIRASIAC33, AAX, VICOCOM, EKA, NETX, MEXTER-WA, COMPUGT and TIGER. Trading volume increased to 1844.37 mil shares worth RM1937.97 mil as compared to Thursday’s 1474.22 mil shares worth RM1482.26 mil.
Leading Movers were AMMB (+21 sen to RM4.40), ASTRO (+10 sen to RM2.80), UMW (+18 sen to RM5.18), BAT (+174 sen to RM50.94) and YTL (+3 sen to RM1.63). Lagging Movers were SKPETRO (-2 sen to RM1.59), MAYBANK (-10 sen to RM8.27), KLK (-8 sen to RM23.08), GENM (-1 sen to RM4.41) and RHBCAP (-1 sen to RM6.17). Market breadth was positive with 403 gainers as compared to 390 losers.
The KLCI closed higher at 1637.19 points with last minute spike despite overnight flat performance in US market. The performance of our local bourse was mainly lifted by buying interest in heavy weights counters such as Am Bank, Astro and YTL Corp.
Date As of: 27 May 2016
Description Volume Value Frequency
ETF 5,600 2,874,700 27
Stock 3,993,122,880 4,350,571,347,223 184,379
Warrant 9,400,100 373,607,200 946
Total 4,002,528,580 4,350,947,829,123 185,352
As of 27 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,790.40 3,513.55 276.85
Proprietary 4,207.69 4,115.95 91.74
Foreign 11,332.49 8,686.19 2,646.31
Individual 20,103.60 23,118.50 -3,014.89
Total Trading Value 39,434.18 M.Baht
Vietnam index ends up; posts first weekly loss in nearly 2 months
Vietnam's benchmark VN Index .VNI was up 0.62 percent at the close on Friday as most shares rallied after a strong drop in the previous session, but posted its first weekly loss in nearly two months.
Gaining stocks outnumbered the decliners by nearly two to one. Shares of top dairy products maker Vinamilk VNM.HM , the
country's biggest firm by market value, gained 1.42 percent, followed by lender VietinBank CTG.HM , which advanced 1.75 percent.
The index, Southeast Asia's best performer in 2015, lost a combined 1.1 percent this week, snapping the seven-week winning
Analysts expect the market to drop in the next few sessions due to an absence of supportive news.
Here is a snapshot of the VN Index .VNI at the close
VN Index 608.11
PREV. CLOSE 604.34
% CHANGE +0.62%
SE Asia Stocks-Gain on positive U.S. econ data
Southeast Asian stocks rose on Friday,taking a cue from broader Asian shares, as positive U.S. economic data boosted risk appetite and raised expectations of an interest rate increase as early as June.
Data out of the U.S. on Thursday showed durable goods orders, pending home sales and initial jobless claims coming in
strong, sending the dollar on track for its best monthly performance since November.
Sentiment also improved after Group of Seven leaders said in a summit declaration that a British exit from the European Union
would be a serious risk to global economic growth, comments that found support from British Prime Minister David Cameron.
Financial markets are now looking to the revisions of U.S. first-quarter GDP data and comments from Fed Chair Janet Yellen
at a Harvard University-sponsored event later on Friday.
"Asian shares today are basically taking cues from the Western markets. The broader markets are reacting to impending
Yellen's speech, but news from the G7 meeting is a more positive stimulus for stocks in general," said Alex Tiu, senior analyst
at AB Capital Securities Inc in Manila.
"Markets will remain volatile ahead of the June Fed meeting in coming weeks. Investors are cautious, and are on 'wait and
see' mode because of the increasing odds of a rate hike.
Investors are also keeping a keen eye out for more data from the U.S."
Asian shares climbed, with the MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 0.9 percent
to a more than three-week high.
Singapore's Straits Times Index .STI closed 1 percent higher, led by financials. The index rose 1.4 percent this week.
"The gains in Singapore are coming from financial stocks which tend to gain from rate hikes," a Singapore-based analyst said.
DBS Group Holdings DBSM.SI closed up 1.4 percent, while UOB Holdings UOBH.SI gained 0.9 percent.
Indonesia .JKSE ended in positive territory on Friday and was up 2.2 percent on the week, the biggest weekly percentage
gainer in the region.
Thai shares .SETI rose 0.8 percent, led by financials and energy stocks.
The index was up 1.9 percent this week, the second biggest weekly gainer.
The Philippine index .PSI recovered from losses earlier in the day to end higher, led by telecommunication services. The
index rose 1.5 percent this week.
Vietnam .VNI ended 0.6 percent higher on Friday, but fell 1.1 percent on the week.
Market Current Previous close Pct Move
Singapore 2802.51 2773.31 1.05
Bangkok 1412.67 1401.64 0.79
Manila 7411.68 7376.38 0.48
Jakarta 4814.731 4784.565 0.63
Kuala Lumpur 1637.19 1631.09 0.37
Ho Chi Minh 608.11 604.34 0.62