ASEAN KEY DESTINATIONS
Daily Market Commentary (Securities)
18 November 2015
The FBM KLCI index lost 5.03 points or 0.30% on Wednesday. The Finance Index fell 0.51% to 14006.47 points, the Properties Index dropped 0.12% to 1197.99 points and the Plantation Index down 0.12% to 7480.18 points. The market traded within a range of 8.37 points between an intra-day high of 1664.64 and a low of 1656.27 during the session.
Actively traded stocks include INSTACO, CAP, IDMENSN, INSTACO-WB, HIBISCS, DSONIC-CE, RGB, TMS, EAH and JAG. Trading volume increased to 2418.36 mil shares worth RM2025.79 mil as compared to Tuesday’s 2181.16 mil shares worth RM2036.96 mil.
Leading Movers were SKPETRO (+3 sen to RM2.13), PETCHEM (+6 sen to RM6.57), HLFG (+10 sen to RM13.80), KLK (+14 sen to RM22.68) and BAT (+36 sen to RM58.38). Lagging Movers were WPRTS (-9 sen to RM4.20), PETGAS (-9 sen to RM22.70), PPB (-16 sen to RM15.40), GENTING (-7 sen to RM7.13) and HLBANK (-10 sen to RM13.60). Market breadth was negative with 400 gainers as compared to 516 losers.
The KLCI failed to sustain its ground in green territory after closing lower at 1656.50 points amid overnight mixed performance in US market. The performance of our local bourse was limited as profit-taking kicked in.
Date As of: 18 November 2015
Description Volume Value Frequency
ETF 5,900 4,483,100 09
Stock 3,386,546,694 4,443,065,146,689 188,848
Right 32,699,625 32,699,625 15
Warrant 3,626,300 363,813,900 184
Total 3,422,878,519 4,443,466,143,314 189,056
As of 18 November 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,325.64 3,220.81 1,104.83
Proprietary 3,217.42 4,445.07 -1,227.65
Foreign 7,827.78 9,483.75 -1,655.97
Individual 20,857.28 19,078.49 1,778.79
Total Trading Value 36,228.12 M.Baht
Vietnam index dips 0.3 pct on worries of dollar gain
Vietnam's benchmark VN Index .VNI closed 0.28 percent lower on Wednesday as rising dollar sparked investors' concerns, with most blue-chips falling despite a generally mixed trade session.
Dairy product maker Vinamilk VNM.HM closed down 1.49 percent, marking a second straight loss since Monday when it hit a record high close, having earned a combined 37-percent in more than a month on a state divestment plan.
Investors became more cautious as the Vietnamese dong VND=VN fell against the dollar, which could hurt Vietnam's exports-driven economy and devalue Vietnamese equities against global assets, analysts said.
The U.S. currency rose to the highest against the dong since Oct. 6 on the interbank market while the unofficial market rate neared a three-month high on Wednesday.
The benchmark index lost a combined 1.3 percent so far this week, worse that last week's easing of 0.2 percen.
VN Index 603.34
PREV. CLOSE 605.05
% CHANGE -0.28%
SE Asia Stocks-Lower with weak global markets; Indonesia falls back
Southeast Asian stock markets fell on Wednesday in line with global equities, with key indexes in Singapore and Thailand hitting over six-week closing lows, but Indonesia's loosening of bank reserve requirement bolstered selective buying.
Jakarta composite index .JKSE gave up early gains, ending the day 0.07 percent lower.
Select banks rose after deputy central bank Governor Mirza Adityaswara said on Tuesday the cut in statutory reserve requirements by Bank Indonesia will provide financial institutions with 18 trillion rupiah ($1.30 billion) more in liquidity.
The move appeared to be an encouraging sign for loan growth outlook, according to analysts.
Among actively traded, Bank Rakyat Indonesia BBRI.JK and Bank Negara Indonesia BBNI.JK each rose about 0.5 percent.
Singapore's index .STI slipped 1.1 percent to its lowest close since Oct. 5 while Thai SET index SETI shed nearly 1 percent to the lowest close since Oct. 6, with volumes of both well below a 30-day average and similar to most in the region.
Stocks in Malaysia .KLSE reversed the gains on Tuesday while Vietnam .VNI fell for a third day.
The Philippine stock market .PSI was closed on Wednesday and Thursday as Manila hosts a summit of the Asia Pacific Economic Cooperation (APEC) forum.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2886.08 2916.78 -1.05
Kuala Lumpur 1656.50 1661.53 -0.30
Bangkok 1376.82 1390.17 -0.96
Jakarta 4497.91 4500.95 -0.07
Ho Chi Minh 603.34 605.05 -0.28