ASEAN KEY DESTINATIONS
06 October 2015
The Straits Times Index (STI) ended 46.16 points or 1.62% higher to 2897.41, taking the year-to-date performance to -13.90%.
The top active stocks today were SingTel, which gained 2.73%, DBS, which gained 2.48%, UOB, which gained 1.45%, Global Logistic, which gained 3.83% and CapitaLand, with a 2.43% advance.
The FTSE ST Mid Cap Index gained 0.97%, while the FTSE ST Small Cap Index rose 0.35%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 2.62%. The two biggest stocks of the Index - SingTel and StarHub – ended 2.73% higher and 1.71% higher respectively.
The underperforming sector was the FTSE ST Health Care Index, which slipped 0.05%. Raffles Medical Group shares rose 0.67% and Tianjin Zhongxin Pharmaceutical Group Corporation rose 1.41%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Sti Etf (+1.03%)
Is Msci India 100 (unchanged)
Spdr Gold Shares (+0.12%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (+0.84%)
Capitacom Trust (+2.22%)
Capitamall Trust (+1.29%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW160128 (+20.66%)
OCBC Bk MBeCW160111 (+10.69%)
KepCorp MBeCW160222 (+6.71%)
Singapore Stock Market
*ST Index 2,897.41 +46.16 2,851.25 +58.1
Volume: 1,476.8M 1,146.2M
Value: $1,237.3M $941.7M
Gainers/Losers: 263/138 297/121
Daily Market Commentary (Securities)
6 October 2015
The FBM KLCI index gained 14.92 points or 0.91% on Tuesday. The Finance Index increased 0.82% to 14237.96 points, the Properties Index dropped 0.29% to 1156.17 points and the Plantation Index rose 0.41% to 7356.85 points. The market traded within a range of 10.46 points between an intra-day high of 1662.96 and a low of 1652.50 during the session.
Actively traded stocks include XOX, TMS, PUC, DSONIC-CE, PBBANK-C5, INSTACO, FRONTKN, CAP, ESCERAM and CIMB-C6. Trading volume increased to 2130.29 mil shares worth RM2118.57 mil as compared to Monday’s 1914.79 mil shares worth RM1860.26 mil.
Leading Movers were GENTING (+25 sen to RM7.50), CIMB (+10 sen to RM4.59), MISC (+19 sen to RM8.94), AMMB (+9 sen to RM4.68) and YTL (+3 sen to RM1.57). Lagging Movers were GENM (-3 sen to RM4.24), DIGI (-3 sen to RM5.70), KLCC (-3 sen to RM7.01), KLK (-4 sen to RM22.60) and PBBANK (-2 sen to RM18.20). Market breadth was positive with 495 gainers as compared to 363 losers.
The KLCI extended yesterday’s gains with last minute spike before the closing bell to 1662.51 points following overnight’s gains in US market on fading expectations that the Federal Reserve will raise US interest rate this year. The performance of our regional peers was in line with our benchmark index after 12 Pacific Rim countries reached an agreement on the Trans-Pacific Partnership trade deal.
As of 6 October 2015 Unit: M.Baht
Type Buy Sell Net
Institution 3,900.21 3,421.84 478.38
Proprietary 3,983.46 3,684.88 298.58
Foreign 9,871.69 8,661.29 1,210.40
Individual 20,525.46 22,512.81 -1,987.35
Total Trading Value 38,280.83 M.Baht
Vietnam index ends at over 7-wk high; Pacific trade deal supports
Vietnam's VN Index .VNI rose 1.98 percent on Tuesday to close at its highest since Aug. 14, with most shares advancing following the 12-nation Trans-Pacific Partnership (TPP) deal.
Financial shares led the gainers, with top lender Vietcombank VCB.HM rising 4.11 percent to close near a four-week high, while insurer BaoViet Holdings BVH.HM jumped 6.25 percent and Saigon Securities Incorp SSI.HM advanced 6.41 percent.
Shares of textile and seafood companies also rallied as Vietnam, a major exporter of seafood, garments and footwear, could benefit strongly from the TPP, experts said.
Fisheries producer and exporter Hung Vuong Corp HVG.HM climbed 6.9 percent to above a seven-week closing high, while Thanh Cong Textile Garment Investment Trading JSC TCM.HM ended
up 2.09 percent, its highest closing level since July 31.
"Despite some time lag needed for TPP to be implemented, the deal in the short term will be a breath of fresh air to the market thanks to its potential benefits for Vietnam," said Do Quang Hop, deputy head of research at Saigon-Hanoi Securities.
Hop said the index could advance further to 600 points, a strong resistance level.
The Vietnam index has been Asia's best performer so far this year thanks to the country's strong performance in manufacturing and exports, most of which, however, are foreign-driven, and potential gains from several trade deals, including TPP.
SE Asia Stocks-Indonesia at 5-week high as inflows continue
Indonesian key index hit a more than five-week high on Tuesday amid a strengthening rupiah and inflows boosting large caps, while stocks in Malaysia and Vietnam climbed to their multi-week highs following a pacific trade deal.
The Jakarta composite index .JKSE jumped 2.4 percent to its highest close since Aug. 31. Foreign investors bought shares worth a net 845 billion rupiah ($59.3 million), including Bank Rakyat Indonesia BBRI.JK and Astra International ASII.JK .
The rupiah IDR=ID rose and led gains among emerging Asian currencies as foreign investors sought higher yields on expectations that the U.S. Federal Reserve may hold off raising interest rates, also giving a boost to global stock markets.
Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 percent of the world's economy in a deal that faces skepticism from U.S. lawmakers.
Kuala Lumpur composite index .KLSE ended up 0.9 percent to close at its highest level since Sept. 18, with Vietnam .VNI ending at its highest close since Aug. 14 amid hopes of greater access to Japan and U.S. economies.
Singapore's index .STI advanced to a near four-week high and the Philippine index .PSI climbed to a more than two-week high. The Thai index .SETI erased some early gains amid selling in banking stocks on expectations of weak third quarter earnings.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 2897.41 2851.25 +1.62
Kuala Lumpur 1662.51 1647.59 +0.91
Bangkok 1370.69 1363.17 +0.55
Jakarta 4445.78 4343.70 +2.35
Manila 7055.49 6961.93 +1.34
Ho Chi Minh 581.29 570.00 +1.98