ASEAN KEY DESTINATIONS
04 May 2016
The Straits Times Index (STI) ended 38.13 points or 1.36% lower to 2773.07, taking the year-to-date performance to -3.80%.
The top active stocks today were DBS, which closed unchanged, SingTel, which declined 1.83%, OCBC Bank, which declined 0.81%, Wilmar Intl, which declined 3.31% and UOB, with a 0.60% fall.
The FTSE ST Mid Cap Index declined 1.56%, while the FTSE ST Small Cap Index declined 0.91%.
The outperforming sectors today were represented by the FTSE ST Industrials Index, which declined 0.3% . The two biggest stocks of the Index - Jardine Matheson Holdings and Jardine Strategic Holdings – ended 1.28% higher and 1.03% lower respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 2.79%. Keppel Corp shares declined 2.78% and Sembcorp Industries declined 2.48%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-1.31%)
STI ETF (-0.71%)
DBXT MSCI Indonesia ETF 10 (-0.87%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-2.85%)
Capitamall Trust (-1.95%)
Capitacom Trust (-0.71%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB ePW161003 (+0.76%)
DBS MB eCW160705 (-2.78%)
UOB MB eCW160705 (-7.25%)
Singapore Stock Market
*ST Index 2,773.07 -38.13 2,811.2 -27.32
Volume: 897.5M 901.1M
Value: $1,230.2M $1,075.7M
Gainers/Losers: 102/276 151/258
Daily Market Commentary (Securities)
04 May 2016
The FBM KLCI index gained 6.14 points or 0.37% on Wednesday. The Finance Index increased 0.25% to 14445.31 points, the Properties Index dropped 0.09% to 1166.44 points and the Plantation Index rose 0.00% to 7621.22 points. The market traded within a range of 23.39 points between an intra-day high of 1659.44 and a low of 1636.05 during the session.
Actively traded stocks include MINETEC-WA, AAX-WA, VIVOCOM, SKPETRO, SONA-WA, AAX, SGB, AIRASIA, VIVOCOM-WB and MINETEC. Trading volume increased to 1699.11 mil shares worth RM2134.43 mil as compared to Tuesday’s 1694.39 mil shares worth RM1733.60 mil.
Leading Movers were BAT (+380 sen to RM46.80), CIMB (+14 sen to RM4.68), IHH (+16 sen to RM6.56), GENM (+10 sen to RM4.54) and ASTRO (+6 sen to RM2.73). Lagging Movers were SKPETRO (-5 sen to RM1.59), MAYBANK (-6 sen to RM8.54), KLK (-20 sen to RM23.18), RHBCAP (-5 sen to RM5.95) and KLCC (-6 sen to RM7.24). Market breadth was positive with 483 gainers as compared to 342 losers.
The KLCI halted its losing streak and managed to close higher at 1657.58 points despite overnight losses in US market. The reverse of our local bourse was mainly aided by bargain hunting activities with buying interest in heavyweight counters such as CIMB, IHH Healthcare and Genting Malaysia.
Date As of: 04 May 2016
Description Volume Value Frequency
ETF 2,700 2,144,700 05
Stock 6,236,351,590 6,912,306,894,896 244,027
Warrant 5,257,600 63,410,400 139
Total 6,241,611,890 6,912,372,449,996 244,171
As of 4 May 2016 Unit: M.Baht
Type Buy Sell Net
Institution 2,923.24 4,641.22 -1,717.99
Proprietary 3,300.14 3,049.96 250.18
Foreign 8,434.90 9,803.50 -1,368.60
Individual 17,928.65 15,092.25 2,836.41
Total Trading Value 32,586.93 M.Baht
Vietnam index edges up; Vinamilk leads gainer
Vietnam's benchmark VN Index .VNI edged up 0.12 percent at the close on Wednesday, with gains in several big caps cushioning losses in most shares.
Top dairy products maker Vinamilk VNM.HM , the country's top firm by capitalisation, led the market with a 2.16-percent rise.
Steel firms gained after local media reported the government had revised anti-dumping tax rates on steel imports from certain countries, including China and Indonesia.
Hoa Phat Group HPG.HM climbed 4.48 percent to a more than six-month closing high of 35,000 dong ($1.57).
Following is a snapshot of the VN Index .VNI at the close.
VN Index 599.07
PREV. CLOSE 598.37
% CHANGE +0.12
SE Asia Stocks-Up after early losses; Philippines ends 8-day losing streak
Most Southeast Asian stocks recouped early losses on Wednesday with the Philippine index posting its first gain in nine sessions while Indonesian shares recovered from an initial fall following the release of economic growth data.
The Philippine stock index .PSI rose 0.5 percent, rebounding from a 2.9 percent drop in the last eight sessions.
Shares of conglomerate group JG Summit Holdings Inc JGS.PS led with a 3.2 percent gain after ending at a four-week low on Tuesday, while property developer SM Prime Holdings SMPH.PS rose 1.8 percent.
Indonesia's stock index .JKSE ended 0.2 percent higher, after falling as much as 0.97 percent earlier as first-quarter
GDP growth came in at 4.92 percent, below the median expectation of 5.05 percent in a Reuters poll.
Heavyweight consumer stocks such as Unilever Indonesia UNVR.JK and cigarette firm HM Sampoerna HMSP.JK were among the biggest gainers, helping to prop up the index.
"Compared to the fourth quarter, consumption was a bit higher in the first quarter. The cause of slowdown was actually slower government spending, while consumption did fine," said Sebastian Tobing, head of research at Trimegah Securities in Jakarta.
Meanwhile, Singapore .STI fell 1.4 percent as shares of Singapore Telecommunications Ltd STEL.SI and Oversea-Chinese Banking Corp Ltd OCBC.SI extended losses.
CIMB downgraded its rating on OCBC shares and cut its target price to S$8.8 from S$10.01.
Singapore tracked wider Asian markets where MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.3 percent.
Concern over global growth is re-escalating after the latest China PMI data and as the European Commission lowered its inflation forecast, analysts at KDB Daewoo Securities in Jakarta wrote in a note.
Activity at China's factories shrank for the 14th straight month in April as demand stagnated, forcing companies to shed jobs at a faster pace, a private survey showed on Tuesday.
The Thai and Indonesian markets will remain closed on May 5-6 for public holidays and will reopen on May 9.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct change
Singapore 2773.07 2811.2 -1.36
Kuala Lumpur 1657.58 1651.44 0.37
Bangkok 1390.7 1397.87 -0.51
Jakarta 4822.60 4812.26 0.21
Manila 7081.86 7046.57 0.5
Ho Chi Mihn 599.07 598.37 0.12