ASEAN KEY DESTINATIONS
06 May 2016
The Straits Times Index (STI) ended 37.01 points or 1.34% lower to 2730.8, taking the year-to-date performance to -5.27%.
The top active stocks today were SingTel, which declined 0.53%, DBS, which declined 0.93%, UOB, which declined 1.71%, OCBC Bank, which declined 1.30% and Global Logistic, with a 3.21% fall.
The FTSE ST Mid Cap Index declined 0.43%, while the FTSE ST Small Cap Index declined 0.42%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 0.28%. The two biggest stocks of the Index - Silverlake Axis and CSE Global – remained unchanged and ended 1.21% lower respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 2.58%. Keppel Corp shares declined 2.07% and Sembcorp Industries declined 4.23%.
The three most active Exchange Traded Funds (ETFs) by value today were:
ABF Singapore Bond Index Fund ETF (unchanged)
STI ETF (-1.07%)
Nikko AM Singapore STI ETF (-1.05%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (+0.49%)
Ascendas REIT (+0.42%)
Suntec REIT (-0.30%)
The most active index warrants by value today were:
The most active stock warrant by value today was:
DBS MB eCW160711 (-9.57%)
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education.
Singapore Stock Market
*ST Index 2,730.8 -37.01 2,767.81 -5.26
Volume: 967.3M 985.8M
Value: $1,173.8M $1,003M
Gainers/Losers: 136/270 172/177
Daily Market Commentary (Securities)
06 May 2016
The FBM KLCI index gained 4.27 points or 0.26% on Friday. The Finance Index increased 0.73% to 14484.63 points, the Properties Index up 0.10% to 1165.63 points and the Plantation Index rose 0.04% to 7551.42 points. The market traded within a range of 18.24 points between an intra-day high of 1651.42 and a low of 1633.18 during the session.
Actively traded stocks include RA, AAX-WA, AAX, AWC, VIVOCOM, AIRASIA, SGB, EKA, KANGER-WA and KANGER. Trading volume increased to 1575.15 mil shares worth RM1822.30 mil as compared to Thursday’s 1399.83 mil shares worth RM1622.22 mil.
Leading Movers were MAYBANK (+14 sen to RM8.67), MAXIS (+6 sen to RM5.54), PBBANK (+20 sen to RM18.96), ASTRO (+2 sen to RM2.68) and IOICORP (+3 sen to RM4.30). Lagging Movers were BAT (-130 sen to RM47.00), PETCHEM (-13 sen to RM6.41), PETGAS (-20 sen to RM21.60), KLCC (-5 sen to RM7.20) and PETDAG (-16 sen to RM23.40). Market breadth was positive with 426 gainers as compared to 346 losers.
The KLCI closed marginally higher at 1649.36 despite overnight mixed performance in US market. The performance of our local bourse was mainly lifted by buying interest in heavyweight counters such as Maybank, IOI Corp and YTL Corporation.
Vietnam index advances 1 pct, banking shares outperform
Vietnam's benchmark VN Index .VNI was up 1.02 percent at the break on Friday, on track for a fourth consecutive day of gains, after hitting the 600-point key level in the previous session.
The banking sector extended its lead with Vietcombank VCB.HM , the country's top bank by market value, advancing 3.18 percent and BIDV BID.HM climbing 3.39 percent.
The index, Southeast Asia's best performer in 2015, on Thursday crossed the key 600-point level for the first time this
Here is a snapshot of the VN Index .VNI at midday
VN Index 607.63
PREV. CLOSE 601.51
% CHANGE +1.02%
SE Asia Stocks-Mixed; Singapore falls for tenth straight session
Singapore stocks fell for a tenth straight session on Friday, its longest spell of losses in nearly 14 years, a day after a report from Moody's Investors Service reinforced a gloomy ratings outlook for the city-state's banks.
Other Southeast Asian markets ended mixed as cautious investors awaited direction from U.S. payrolls data while
concerns over global economic growth persisted in the wake of weak data from China.
Singapore's Straight Time Index .STI ended down 1.3 percent to its lowest close since March 2, Thomson Reuters data showed. It fell for the tenth straight session on Friday, its longest falling streak since Aug-Sept 2002.
Moody's on Thursday said March quarter results of three large Singapore banks point to rising challenges and support the negative outlook on their ratings.
DBS Group Holdings DBSM.SI , Singapore's biggest lender which posted a 6 percent rise in net profit on Tuesday, fell 0.9 percent, Oversea-Chinese Banking Corp OCBC.SI closed 1.7 percent down, while United Overseas Bank UOBH.SI lost 1.3 percent.
"Investors are awaiting the announcement of the non-farm payrolls report later today," Singapore-based NetResearch Asia said in a note.
The number of Americans filing for unemployment benefits rose more than expected last week, posting the biggest gain in more than a year, although its four-week average, often seen as a better gauge of the underlying trend, still stood near a four-decade low.
Investors are already concerned over the slower pace of expansion last month in China's services sector, compared with March, which added to worries over China's disappointing manufacturing data and downgrades on growth and inflation forecast by the European Commission.
The Philippine stock index .PSI fell 0.1 percent.
Vietnam's VN index .VNI closed up 0.8 percent, boosted by financials on upbeat earnings, while Malaysia .KLSE recovered to close 0.3 percent higher.
Markets in Indonesia .JKSE and Thailand .SETI were closed on Friday for a holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2730.8 2767.81 -1.34
Manila 6991.87 6999.75 -0.11
Kuala Lumpur 1649.36 1645.09 +0.26
Ho Chi Minh 606.52 601.51 +0.83