ASEAN KEY DESTINATIONS
29 September 2013
The Straits Times Index (STI) ended 15.87 points higher or +0.50% to 3,210.18, taking the year-to-date performance to +1.36%.
The FTSE ST Mid Cap Index gained +0.65% while the FTSE ST Small Cap Index declined -0.01%. The top active stocks were LionGold (-4.86%), Yangzijiang (+4.02%), Rowsley (+4.03%), Blumont (+8.00%), and Keppel Corp (-0.66%).
The outperforming sectors today were represented by the FTSE ST Industrials Index (+1.70%). The two biggest stocks of the FTSE ST Industrials Index are Jardine Matheson Holdings (+2.27%) and Jardine Strategic Holdings (+1.67%). The underperforming sector was the FTSE ST Technology Index, which declined -2.25% with Liongold Corp’ and STATS ChipPAC’ share prices declining -4.86% and increasing +1.52% respectively. The FTSE ST Health Care Index gained +1.39%.
The three most active Exchange Traded Funds (ETFs) by value today were the CIMB FTSE Asean 40 ETF (+1.04%), iShares USD Asia Bond ETF (-1.55%), and SPDR STI ETF (+0.31%).
The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-0.43%), CapitaMall Trust (-0.25%), Suntec REIT (+0.30%).
The most active index warrants by value today were HSI22800MBeCW131030 (+7.81%), HSI23600MBeCW131030 (+8.45%) and HSI23200UBeCW131030 (+10.67%).
The most active stock warrants by value today were OCBC Bank MBeCW140203 (+3.92%), DBS MB eCW131105 (+2.52%) and DBS BP eCW140103 (+2.67%).
Singapore Stock Market
*ST Index 2,630.76 0 2,841.22 -21.08
Volume: 0M 0M
Value: $0M $0M
Gainers/Losers: 0/0 2/0
Daily Market Commentary (Securities)
30 May 2016
The FBM KLCI index lost 7.32 points or 0.45% on Monday. The Finance Index fell 0.30% to 14207.23 points, the Properties Index dropped 0.29% to 1141.36 points and the Plantation Index down 0.56% to 7450.97 points. The market traded within a range of 9.45 points between an intra-day high of 1633.36 and a low of 1623.91 during the session.
Actively traded stocks include MEXTER-WA, AAX-WA, AIRASIA, VICOCOM-WB, NEXGRAM, MEXTER, AEM, VICOCOM, AAX and KANGER. Trading volume decreased to 1555.49 mil shares worth RM1647.95 mil as compared to Friday’s 1844.37 mil shares worth RM1937.97 mil.
Leading Movers were DIGI (+4 sen to RM4.48), WPRTS (+3 sen to RM4.30), SKPETRO (+1 sen to RM1.60), CIMB (+2 sen to RM4.39) and KLCC (+1 sen to RM7.35). Lagging Movers were PPB (-46 sen to RM16.28), UMW (-14 sen to RM5.04), AXIATA (-10 sen to RM5.24), ASTRO (-5 sen to RM2.75) and IOICORP (-6 sen to RM4.18). Market breadth was negative with 300 gainers as compared to 546 losers.
The KLCI extended its midday losses and closed lower at 1629.87 points despite positive performance in Wall Street on last Friday after Federal Reserve Chair Janet Yellen said an interest rate hike is possible in the next few months.
Date As of: 30 May 2016
Description Volume Value Frequency
ETF 23,200 10,633,900 14
Stock 5,356,152,784 4,784,953,923,299 205,438
Warrant 52,711,599 741,566,589 1,856
Total 5,408,887,583 4,785,706,123,788 207,308
Thailand Futures Exchange appoints 3 market makers for stock futures
BANGKOK, May 30, 2016 - Thailand Futures Exchange PCL (TFEX) welcomes three new market makers namely KGI Securities (Thailand) pcl (KGI), Trinity Securities Co., Ltd. (TNITY) and RHB Securities (Thailand) pcl (RHBS) to increase liquidity for stock futures, effective from June 1, 2016.
TFEX Managing Director Rinjai Chakornpipat said, "Effectively from June 1, 2016,these three new market makers will provide a 2-way continuous quote via automatic order matching system which will help boost liquidity and making it more convenient for investors to either buy or sell stock futures."
"These days, stock futures have become more appealing to investors as they can be used for both trading and hedging while requiring a small capital outlay.
Liquidity on stock futures varies depending on the interest of the underlying stocks and some are transacted in block trading. As a result, TFEX would like to enhance the liquidity in single stock futures to provide investors with confidence that they could trade any underlying stock futures they are interested by introducing these three new market makers," added Rinjai.
In the beginning, each market maker will provide a 2-way quote for stock futures of five underlying securities in the two nearest series but obligations will be revised periodically. Currently, TFEX has 69 underlying securities for its stock futures, with a contract size of 1,000 shares. Each stock future have four contract months, expiring in March, June, September and December. The key feature of the stock futures is that it requires initial margin not more than 10
percent of the contract notional value. In addition, short selling a futures contract when the market is in a downtrend is convenient because investors do not have to engage in any stock borrowing transaction. This allows investors to react much faster to the price movement of the market.
As of 30 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,220.48 4,027.62 1,192.85
Proprietary 6,461.25 4,254.78 2,206.48
Foreign 11,897.24 11,459.20 438.03
Individual 21,381.59 25,218.95 -3,837.36
Total Trading Value 44,960.55 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 streak.
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-Most rise after Yellen's comment
Most Southeast Asian stock markets rose on Monday as a top U.S. Federal Reserve official echoed comments
made by Fed Chair Janet Yellen last week about the possibility of an interest rate hike in the near future.
St. Louis Federal Reserve President James Bullard said on Monday global markets appeared to be "well-prepared" for an interest rate rise in summer, although he did not specify a date for the policy move.
On Friday, Yellen had said the Fed should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated.
"Yellen was hawkish on Friday, and her speech affirms the change in stance and monetary policies in the United States.
Investors are now waiting to see how the rate hike affects asset prices," Alex Tiu, an analyst with AB Capital Securities Inc in Manila, said.
"The speech signalled that the U.S. economy is improving to the point where the Fed feels confident to raise rates - export-oriented countries will greatly benefit from a healthy U.S. market."
Sentiment was also strengthened after the U.S. Commerce Department said on Friday that GDP rose at a 0.8 percent annual rate in the first quarter as opposed to the 0.5 percent pace reported last month, according to a second GDP estimate for the January-March period.
Vietnam shares .VNI rose for a second straight session on Monday and closed 1.1 percent higher, led by financials and energy stocks. State-owned PetroVietnam Gas GAS.HM finished 0.9 percent higher.
The Philippine main index .PSI finished 0.7 percent higher, with telecom services and utility stocks leading the
Philippine Long Distance Telephone Co (PLDT) TEL.PS , San Miguel Corp SMC.PS , and Globe Telecom Inc GLO.PS were the biggest gainers. PLDT and Globe Telecom agreed to buy conglomerate San Miguel Corp out of the telecoms sector for $1.5 billion.
Indonesian stocks .JKSE ended 0.4 percent higher, supported by energy and financials. Petroleum distributor AKR
Corporindo Tbk PT AKRA.JK rose 4.6 percent.
The Thai SET index .SETI closed 0.8 percent higher, while Singapore was marginally lower. Malaysia's main stock index .KLSE lost 0.5 percent, with agriculture firm PPB Group PEPT.KL recording the biggest percentage loss.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2796.75 2802.51 -0.21
Bangkok 1424.12 1412.67 0.81
Manila 7464.34 7411.68 0.71
Jakarta 4836.033 4814.731 0.44
Kuala Lumpur 1629.87 1637.19 -0.45
Ho Chi Minh 614.5 608.11 1.05