ASEAN KEY DESTINATIONS
17 November 2015
The Straits Times Index (STI) ended 1.05 points or 0.04% higher to 2916.78, taking the year-to-date performance to -13.32%.
The top active stocks today were SingTel, which gained 0.79%, NOL, which gained 5.16%, OCBC Bank, which declined 0.22%, UOB, which gained 0.40% and DBS, with a 0.35% fall.
The FTSE ST Mid Cap Index gained 0.04%, while the FTSE ST Small Cap Index declined 0.09%.
The outperforming sectors today were represented by the FTSE ST Industrials Index, which rose 1.12%. The two biggest stocks of the Index - Jardine Matheson Holdings and Jardine Strategic Holdings – ended 2.46% higher and 1.72% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 2.83%. Midas Holdings shares declined 1.56% and NSL declined 0.35%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Spdr Gold Shares (-1.10%)
Dbxt Msci Usa Etf 10 (+5.65%)
Sti Etf (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (+0.90%)
Capitamall Trust (+0.27%)
Capitacom Trust (+0.39%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160404 (-4.00%)
KepCorp MBeCW160601A (+5.26%)
UOB MB eCW160404 (+1.71%)
Singapore Stock Market
*ST Index 2,916.78 +1.05 2,915.73 -9.95
Volume: 1,358.8M 1,207M
Value: $893.7M $937.9M
Gainers/Losers: 194/190 175/248
Daily Market Commentary (Securities)
17 November 2015
The FBM KLCI index gained 5.53 points or 0.33% on Tuesday. The Finance Index increased 0.14% to 14078 points, the Properties Index up 0.11% to 1199.37 points and the Plantation Index rose 0.09% to 7489.19 points. The market traded within a range of 17.30 points between an intra-day high of 1677.37 and a low of 1660.07 during the session.
Actively traded stocks include BORNOIL-WC, HIBISCS, INSTACO, BORNOIL, INSTACO-WB, IDMENSN, TMS, RGB, XOX and JADI. Trading volume increased to 2181.16 mil shares worth RM2036.96 mil as compared to Monday’s 1917.09 mil shares worth RM1694.51 mil.
Leading Movers were UMW (+34 sen to RM8.34), HLFG (+26 sen to RM13.70), AXIATA (+10 sen to RM6.18), IHH (+9 sen to RM6.65) and SKPETRO (+2 sen to RM2.10). Lagging Movers were MAYBANK (-6 sen to RM8.24), GENTING (-5 sen to RM7.20), IOICORP (-2 sen to RM4.15), PETDAG (-4 sen to RM23.34) and ASTRO (-1 sen to RM2.85). Market breadth was positive with 533 gainers as compared to 379 losers.
The KLCI backed to green territory after closing higher at 1661.53 points amid overnight gains in US market. The performance of our benchmark index was lifted by bargain-hunting and it was in tandem with most of our regional peers.
Date As of: 17 November 2015
Description Volume Value Frequency
ETF 23,100 9,497,400 12
Stock 3,469,815,168 4,186,564,049,487 217,651
Right 12,370,700 12,380,700 82
Warrant 20,831,753 1,841,359,600 285
Total 3,503,040,721 4,188,427,287,187 218,030
Thai alternative bourse to list Thanapiriya on November 18
BANGKOK, November 17, 2015 - Market for Alternative Investment (mai) will list Thanapiriya pcl, the first local supermarket operator ever listed on mai on November 18, under the ticker symbol "TNP". The company has a market capitalization at its initial public offering (IPO) of THB 1.4 billion (approx.USD 38.9 million).
mai President Prapan Charoenprawatt said that TNP would list and start trading on mai in the Services industry group. The company currently operated one wholesale store, and 11 supermarket stores named "Thanapiriya", in Chaingrai province, the northern part of Thailand, selling an extensive range of consumer goods (excluding fresh food).
TNP has a paid-up registered capital of THB 200 million, consisting of 600 million existing common shares and 200 million newly issued shares, with a par value of THB 0.25 each. During November 11-13, it offered newly issued shares to the general public at THB 1.75 each, for a total of THB 350 million. RHB Securities (Thailand) pcl was its financial advisor and lead underwriter.
TNP Managing Director Thawatchai Phutthiphiriya said that for more than 25 years, TNP has built up own business in Chaingrai with true understanding of local lifestyle under strategic location and effective warehouse management, in such a way that the company could expand to 12 branches in this hometown. This fund raised would be used for further branch expansion, distribution hubs construction, debt repayment as well as working capital in order to serve the growing demand from tourism and the ASEAN Economic Community (AEC).
TNP's three major shareholders after the IPO are Phutthiphiriya Group (72.50 percent), Phanwongklom Group (3.75 percent), and Suwit Sirigrivatanawong (1.19 percent). The IPO price was equivalent to price-to-earnings ratio (P/E ratio) of 40.17 times calculated by using the company's net profit in the past four quarters (October 1, 2014-September 30, 2015) which was THB 34.74 million, divided by fully diluted shares, representing earnings per share of THB 0.04.
TNP's dividend policy is to pay no less than 40 percent of net profits after taxes and reserves.
For more information on TNP, 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.thanapiriya.co.th , as well as www.set.or.th.
As of 17 November 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,626.85 2,606.51 2,020.34
Proprietary 4,068.51 3,736.96 331.55
Foreign 11,644.43 12,389.22 -744.80
Individual 20,546.40 22,153.50 -1,607.10
Total Trading Value 40,886.19 M.Baht
Vietnam index drops 0.7 pct, volume hits 5-wk high
Vietnam's benchmark VN Index .VNI closed down 0.68 percent on Tuesday, marking the second straight loss, with volume at the highest for more than five weeks.
Dairy products maker Vinamilk VNM.HM , the country's biggest firm by market value, tumbled 4.29 percent as investors took profit, analysts said. VNM shares have risen a combined 10.24 percent in five consecutive gains starting last Tuesday.
Energy shares rose following higher oil prices due to an increasing geopolitical tensions after Friday's attacks in Paris. PetroVietnam Gas GAS.HM rallied 0.93 percent after dropping to a 11-week low on Monday.
As many as 171.38 million shares changed hand, the highest level since Oct. 8, Reuters data showed.
Here is a snapshot of the VN Index .VNI at the close
VN Index 605.05
PREV. CLOSE 609.21
% CHANGE -0.68%
SE Asia Stocks-Indonesia leads gains; cenbank keeps rate as expected
Most Southeast Asian stock markets rebounded in low volumes on Tuesday amid stronger global markets, while Indonesian benchmark index posted the best gain
in nearly two weeks before central bank's decision to maintain interest rates as expected.
Indonesia's Jakarta composite index .JKSE climbed 1.3 percent, the biggest single-day rise since Nov. 4. Foreign-led buying lifted selected large caps, bringing shares of Telkom
Indonesia TLKM.JK up 3.5 percent to the highest close since Sept. 1.
Bank Indonesia held its benchmark interest rate BIPG steady at 7.5 percent on Tuesday, brushing aside a call from the vice president to lower it to try to bolster weak growth. The
rate announcement came after market close.
Indexes in Singapore .STI , Malaysia .KLSE , Thailand .SETI and the Philippines .PSI trimmed some early gains in trading volumes which were below their 30-day average. Vietnam
.VNI bucked the trend, falling 0.7 percent.
The region posted outflows, with net foreign selling of Thailand, the Philippines and Malaysia worth 745 million baht ($20.72 million), 773 million peso ($16.39 million) and 23
million ringgit ($5.24 million), respectively.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2916.78 2915.73 +0.04
Kuala Lumpur 1661.53 1656.00 +0.33
Bangkok 1390.17 1388.62 +0.11
Jakarta 4500.95 4442.18 +1.32
Manila 6825.38 6772.92 +0.77
Ho Chi Minh 605.05 609.21 -0.68