ASEAN KEY DESTINATIONS
09 November 2015
The Straits Times Index (STI) ended 12.75 points or 0.42% lower to 2997.72, taking the year-to-date performance to -10.92%.
The top active stocks today were SingTel, which declined 1.28%, DBS, which gained 0.35%, OCBC Bank, which gained 0.44%, CapitaLand, which declined 2.79% and NOL, with a 0.96% advance.
The FTSE ST Mid Cap Index declined 0.16%, while the FTSE ST Small Cap Index rose 0.39%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.38%. The two biggest stocks of the Index - Silverlake Axis and STATS ChipPAC – ended 2.17% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.24%. SingTel shares declined 1.28% and StarHub declined 1.09%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Is Msci India 100 (-1.89%)
Spdr Gold Shares (-1.28%)
Sti Etf (-0.33%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (-1.30%)
Capitacom Trust (-1.83%)
Suntec Reit (-2.45%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160404 (-0.85%)
OCBC Bk MBeCW160406 (+2.15%)
UOB MB eCW160111 (-3.03%)
Singapore Stock Market
*ST Index 2,997.72 -12.75 3,010.47 -13.18
Volume: 1,169.3M 1,104.3M
Value: $1,011.6M $743.3M
Gainers/Losers: 172/245 165/225
Daily Market Commentary (Securities)
09 November 2015
The FBM KLCI index gained 0.41 points or 0.02% on Monday. The Finance Index fell 0.05% to 14322.62 points, the Properties Index up 0.18% to 1220.51 points and the Plantation Index rose 0.22% to 7721.9 points. The market traded within a range of 5.53 points between an intra-day high of 1686.32 and a low of 1680.79 during the session.
Actively traded stocks include ARMADA, INSTACO, TMS, INSTACO-WB, AIRASIA, SANICHI, XOX, MRCB-WA, BORNOIL and PUC. Trading volume decreased to 2097.60 mil shares worth RM1704.38 mil as compared to Friday’s 2275.66 mil shares worth RM2020.66 mil.
Leading Movers were KLK (+40 sen to RM23.40), IHH (+9 sen to RM6.59), KLCC (+6 sen to RM6.97), YTL (+1 sen to RM1.52) and PPB (+8 sen to RM15.60). Lagging Movers were HLFG (-42 sen to RM14.12), GENTING (-16 sen to RM7.65), PETGAS (-18 sen to RM22.92), PETCHEM (-3 sen to RM6.54) and SKPETRO (-1 sen to RM2.20). Market breadth was negative with 434 gainers as compared to 469 losers.
The KLCI started the week on a positive note, closed marginally higher at 1686.11 points on prospect of higher interest rate hike by Federal Reserve following a stronger-than-expected jobs report.
Date As of: 10 November 2015
Description Volume Value Frequency
ETF 100 79,000 01
Stock 4,702,277,173 6,760,713,118,665 266,124
Right 00 00 00
Warrant 8,726,316 110,345,470 858
Total 4,711,003,589 6,760,823,543,135 266,983
Thai alternative bourse to list Siamraj on November 11
BANGKOK, November 10, 2015 - Market for Alternative Investment (mai) will list Siamraj pcl, a company engaged in natural gas-related businesses, on November 11, under the ticker symbol "SR" as it met listing requirement following market capitalization criteria. The company has a market capitalization at its initial public offering (IPO) of THB 2.1 billion (approx. USD 58.3 million).
mai President Prapan Charoenprawatt said that SR would list and start trading on mai in the Resources industry group on November 11. The company provided three main services in natural gas-related businesses, covering 1) construction and installation of flow measuring systems and pipelines of natural gas; 2) operation, design, installation, maintenance, and management and service of natural gas stations; 3) design and sales of engineered pumps and system and related engineered equipment for industrial factories and power plants.
SR has a paid-up registered capital of THB 300 million, consisting of 450 million existing common shares and 150 million newly issued shares, with a par value of THB 0.50 each. During November 4-6, it offered 150 million shares to the general public at THB 3.50 each, for a total of THB 525 million. RHB Securities (Thailand) pcl was its financial advisor and underwriter.
SR Chief Executive Officer Kiat Vimolchalao said the listing would strengthen the company's financial capabilities. The fund raised would be used for project investment and working capital, responding to the industry growth as the demand for natural gas consumption was expected to increase as a result of the government's plan to expand natural gas pipeline routes, and boost electrical generation. This was a great opportunity for SR to grow its business in the future.
SR's three major shareholders after the IPO are Vimolchalao family (60.18 percent), Neesanun family (9.60 percent), and Anant Siripurikarn (3.00 percent).
The IPO price was equivalent to price-to-earnings ratio (P/E ratio) of 15.05 times calculated by using the company's net profit (without using Q4/2014
accounting adjustment resulting the company's loss) in the past four quarters (Q3/2014-Q2/2015), divided by fully diluted shares, representing earnings per share of THB 0.23. SR's dividend policy is to pay no less than 40 percent of net profits after taxes and reserves.
For more information on SR, please see the company's prospectus at the Securities and Exchange Commission's website at www.sec.or.th and general
information at the company's website at www.siamrajplc.com, as well as www.set.or.th.
Type Buy Sell Net
Institution 3,538.15 2,427.15 1,111.00
Proprietary 3,274.96 5,024.00 -1,749.04
Foreign 7,188.54 7,964.88 -776.34
Individual 19,159.99 17,745.61 1,414.38
Total Trading Value 33,161.64 M.Baht
Vietnam index ends down 0.9 pct on Fed rate concerns
Vietnam's benchmark VN Index .VNI ended down 0.88 percent on Tuesday, the third consecutive loss, with most shares losing ground in robust trade amid worries over a U.S. Federal Reserve's rate hike next month.
Most blue chips fell, led by Vietcombank VCB.HM , the country's biggest lender by market value, with a 1.63-percent decline and PetroVietnam Gas GAS.HM that dropped 2.13 percent.
Dairy products maker Vinamilk VNM.HM bucked the trend, rising 0.79 percent after a slight correction in the previous day.
As many as 119.83 million shares changed hand, well above the five-day average of 112.9 million.
Here is a snapshot of the VN Index .VNI at the close .
VN Index 605.27
PREV. CLOSE 610.66
% CHANGE -0.88%
SE Asia Stocks-Fall on outflows; Thai AIS trims gains before Q3
Southeast Asian stock markets fell on Tuesday, with Indonesian shares hitting a more than one-month low, amid weak global markets and foreign-led selling, while Thai Advanced Info Service ADVANC.BK trimmed gains ahead of quarterly results.
Thai key SET index .SETI was down 0.3 percent at 1,398.38, the lowest close since Oct. 30. Investors cut holdings in energy shares due to softer oil prices, sending top energy firm PTT PTT.BK 2.8 percent lower.
Shares of Advanced Info Service erased some of their mid session gains, ending the day up 0.4 percent. The mobile phone operator reported a 3.8 percent fall in third-quarter net profit after market close on Tuesday.
Indonesia's Jakarta composite index .JKSE fell for a fourth day, down 1.1 percent at 4,451.05, the lowest closing level since Oct. 6, while the Philippine index .PSI was down 1 percent, falling for a fifth session, at 7,000.11, the lowest close since Oct. 14.
Indonesia posted a net foreign selling worth 504.32 billion rupiah ($37.1 million), Thomson Reuters data showed.
The Philippines and Thailand both recorded a net outflows of 1.03 billion peso ($21.79 million) and 776.3 million baht ($21.62 million), respectively, stock exchange data showed.
Vietnam .VNI ended down 0.88 percent.
Singapore .STI and Malaysia .KLSE were closed for a public holiday, resuming on Wednesday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Bangkok 1398.38 1402.57 -0.30
Jakarta 4451.05 4499.51 -1.08
Manila 7000.11 7070.19 -0.99
Ho Chi Minh 605.27 610.66 -0.88