ASEAN KEY DESTINATIONS
28 May 2015
The Straits Times Index (STI) ended 7.17 points or 0.21% lower to 3417.77, taking the year-to-date performance to +1.56%.
The top active stocks today were Singtel, which declined 0.96%, DBS, which declined 0.59%, UOB, which declined 0.09%, OCBC Bank, which declined 0.77% and JMH USD, with a 1.16% advance.
The FTSE ST Mid Cap Index declined 0.28%, while the FTSE ST Small Cap Index declined 0.12%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 1.07%. The two biggest stocks of the Index - Raffles Medical Group and Tianjin Zhongxin Pharmaceutical Group Corporation – ended 0.23% higher and 7.65% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 1.52%. Silverlake Axis shares declined 2.77% and STATS ChipPAC remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
United SSE 50 China ETF (-3.45%)
Lyxor China H 10 (-4.19%)
DBXT MSCI China TRN ETF (-3.40%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.40%)
CapitaLand Commercial Trust (-0.31%)
CapitaLand Mall Trust (-0.45%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW151001 (-8.60%)
DBS MB eCW150915 (-6.16%)
Singapore Stock Market
*ST Index 3,417.77 -7.17 3,424.94 -35.04
Volume: 1,879.2M 1,639.1M
Value: $1,108.3M $1,297.2M
Gainers/Losers: 194/260 171/285
Daily Market Commentary (Securities)
28 May 2015
The FBM KLCI index gained 0.51 points or 0.03% on Thursday. The Finance Index fell 0.09% to 15685.33 points, the Properties Index dropped 0.03% to 1259.79 points and the Plantation Index rose 0.41% to 7315.26 points. The market traded within a range of 8.71 points between an intra-day high of 1759.43 and a low of 1750.72 during the session.
Actively traded stocks include FRONTKN, K1, XINGHE-WA, K1-WB, SUMATEC, XINGHE, PRIVA, KNM, OPENSYS and CAP-WA. Trading volume decreased to 1616.49 mil shares worth RM1904.65 mil as compared to Wednesday’s 1781.11 mil shares worth RM2190.51 mil.
Leading Movers were IOICORP (+6 sen to RM4.05), PBBANK (+18 sen to RM18.96), IHH (+5 sen to RM5.80), PETDAG (+16 sen to RM20.00) and PETGAS (+14 sen to RM21.94). Lagging Movers were HLFG (-48 sen to RM15.52), BAT (-102 sen to RM62.98), GENTING (-10 sen to RM8.50), MISC (-8 sen to RM8.26) and DIGI (-4 sen to RM5.66). Market breadth was negative with 324 gainers as compared to 420 losers.
The KLCI closed flat with 0.51 points higher at 1755.56 despite overnight gains in US markets with the Nasdaq hitting record high. Market sentiment remained muted due to lack of positive fresh lead. The performance of our local bourse was in line with most of the regional peers following a slump in Shanghai Composite index amid concern of brokerages tightening margin lending.
As of 28 May 2015 Unit: M.Baht Unit: M.Bah
Type Buy Sell Net
Institution 3,645.51 2,488.94 1,156.57
Proprietary 3,210.67 4,398.15 -1,187.48
Foreign 8,452.75 9,178.28 -725.53
Individual 16,199.91 15,443.47 756.44
Total Trading Value 31,508.85 M.Baht
Vietnam index closes at over 9-wk high, volumes up
Vietnam's benchmark VN Index rose 1.1 percent to close at 572.97, its highest since March 20, with volumes jumping by around one-third as investors sought to buy blue-chips, including banks.
Petrovietnam Gas, the country's biggest listed firm by market value, ended up 1.6 percent. All the six listed banks also advanced, led by Eximbank which gained 6.45 percent.
Volumes jumped 32 percent from the previous session to 151.8 million shares, well above the five-day average of 127.56 million shares.
Banks in Vietnam posted a credit growth of 4.26 percent as of May 20 compared with the end of 2014, accelerating from a rise of 1.11 percent during the same period a year ago, the National Financial Supervisory Commission said on Thursday.
Following is a snapshot of the VN Index at close
VN Index 572.97
PREV. CLOSE 566.48
% CHANGE +1.15
SE Asia Stocks -Thai index closes at 2-week low; most others fall
Thai shares fell on Thursday as investors cut risk holdings a day before the release of April economic data, while most other Southeast Asian stock markets ended weaker as Asia weighed in the risk of a likely U.S. interest rate hike this year.
The Thai SET index ended down 0.5 percent at 1,493.61, the lowest close since May 12. Large caps underperformed as the SET 50 index eased 0.6 percent, led by losses in the country's biggest firm, PTT , and the number three, Siam Cement .
Investors waited for the Bank of Thailand's monthly economic data due on Friday, while a weaker-than-expected April factory output released early in the day kept players on the sidelines.
Trading volume of the Thai stock market was about 77 percent of the 30-day average, while foreign investors sold shares worth a net 726 million baht ($21.50 million).
Among weak spots in the region, stocks in the Philippines extended losses for a sixth straight session after downbeat first-quarter GDP growth. The key share index ended down 1.2 percent, marking the lowest close since Jan. 22.
Philippine economic growth unexpectedly slowed to a six-year low in the first quarter, but the central bank said it would not ease policy as consumer and public spending were set to pick up.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3417.77 3424.94 -0.21
Kuala Lumpur 1755.56 1755.05 +0.03
Bangkok 1493.61 1500.84 -0.48
Jakarta 5237.40 5253.39 -0.30
Manila 7505.03 7598.70 -1.23
Ho Chi Minh 572.97 566.48 +1.15