ASEAN KEY DESTINATIONS
Daily Market Commentary (Securities)
11 September 2015
The FBM KLCI index lost 10.42 points or 0.65% on Friday. The Finance Index fell 1.41% to 14015.9 points, the Properties Index up 1.14% to 1136.64 points and the Plantation Index down 0.22% to 6890.07 points. The market traded within a range of 9.78 points between an intra-day high of 1612.32 and a low of 1602.54 during the session.
Actively traded stocks include SUMATEC, UEMS, AIRASIA, FRONTKN, ARMADA, KNM, PERISAI, AAX, GENTINGC23 and SUMATEC-WB. Trading volume increased to 2227.87 mil shares worth RM1863.46 mil as compared to Thursday’s 1828.13 mil shares worth RM2022.22 mil.
Leading Movers were PPB (+16 sen to RM15.30), ASTRO (+3 sen to RM3.03), TENAGA (+10 sen to RM11.22), MISC (+6 sen to RM8.56) and SKPETRO (+1 sen to RM1.83). Lagging Movers were GENTING (-26 sen to RM7.11), RHBCAP (-20 sen to RM6.06), CIMB (-12 sen to RM4.78), YTL (-3 sen to RM1.57) and MAYBANK (-14 sen to RM8.41). Market breadth was positive with 462 gainers as compared to 352 losers.
The KLCI halted its winning streak and closed lower at 1603.60 points despite overnight gains in US markets following higher oil price. Investors remained cautious as await FED’s monetary policy meeting on next week, which could potentially see interest rate rise in almost a decade.
Date As of: 10 September 2015
Description Volume Value Frequency
ETF 1,600 733,500 03
Stock 4,971,981,228 ,184,666,314,753 204,993
Warrant 1,597,200 129,836,700 110
Total 4,973,580,028 4,184,796,884,953 205,106
Thai listed companies make top additions in 2015 DJSI Emerging Markets
BANGKOK, September 11, 2015 - The Stock Exchange of Thailand (SET) announces that 13 Thai listed companies have been selected into the Dow Jones Sustainability Indices (DJSI), one of the most highly regarded global sustainability indices. This list consists of three newcomers, highest additions in global emerging markets, namely Advanced Info Service pcl (ADVANC), Airports of Thailand pcl (AOT) and Charoen Pokphand Foods pcl (CPF), on top of the ten existing Thai firms: Banpu pcl (BANPU), Central Pattana pcl (CPN), IRPC pcl (IRPC), Minor International pcl (MINT), PTT pcl (PTT), PTT Exploration and Production pcl (PTTEP), PTT Global Chemical pcl (PTTGC), Siam Cement pcl (SCC), Thai Oil pcl (TOP) and Thai Union Frozen Products pcl (TUF).
The rising number of Thai listed firms being components of DJSI reflects the success of Thai listed firms towards global standards, underlining ET's key mission to become a sustainable stock exchange to enhance sustainability of the Thai capital market .
Four of the 13 selected firms, namely PTT, PTTEP, PTTGC and SCC, have been selected in the 2015 Dow Jones Sustainability World Index (DSJI World), while ADVANC, AOT, BANPU, CPF, CPN, IRPC, MINT, PTT, PTTEP, PTTGC, SCC, TOP and TUF have been chosen to be in the Dow Jones Sustainability Emerging Markets Index
(DJSI Emerging Markets). Significantly, TOP was ranked the highest score among the global leading firms in Energy Industry Group.
SET Executive Vice President Bordin Unakul said, "This success have proven listed companies' efforts and SET's commitment to drive Thai listed companies in operating businesses with the best sustainability practices by considering environmental, social and governance (ESG). This year, out of 34 invited companies, 23 companies participated in the evaluation, rising to 68 percent from 48 percent last year, partly due to SET's major role to encourage Thai listed firms to participate in the evaluation as well as building their readiness to be a DJSI component via various activities. "
The DJSI, the global indices, track the financial performance of leading sustainability-driven companies worldwide, and leading funds use the DJSI as a gauge for making prudent long-run investment decisions. This year's DJSI review was effective on September 10, 2015. S&P Dow Jones Indices and RobecoSAM jointly announce results of its annual review every September.
As of 11 September 2015 Unit: M.Baht
Type Buy Sell Net
Institution 3,574.14 3,007.27 566.87
Proprietary 3,914.80 5,159.45 -1,244.65
Foreign 6,505.89 7,017.59 -511.70
Individual 28,527.70 27,338.22 1,189.48
Total Trading Value 42,522.54 M.Baht
Vietnam index closes down 0.93 pct in robust trade
Vietnam's benchmark VN Index .VNI ended down 0.93 percent on Friday, the second straight loss, with most big caps falling led by banks while volume jumped as investors took profits.
Five of the country's six listed banks fell, including Vietcombank VCB.HM , Vietnam's biggest firm by market value, with a 2.61-percent decline, and lender BIDV BID.HM that ended down 1.57 percent.
As many as 94.99 million shares changed hand, well above the five-day average of 87.41 million and up 35.1 percent from Thursday.
The Ho Chi Minh Stock Exchange's index, which has gained 1.68 percent in the past week, is still the best performing market in Southeast Asia so far this year.
Here is a snapshot of the VN Index .VNI at the close.
VN Index 566.74
PREV. CLOSE 572.07
% CHANGE -0.93%
SE Asia Stocks -Mixed amid Fed rate uncertainty; Malaysia banks fall ahead of rate decision
Southeast Asian stock markets were mixed on Friday as a rally in overnight oil prices lifted energy shares, but selling in banking stocks sent the Malaysian index lower ahead of a rate decision by the central bank.
The Kuala Lumpur composite index .KLSE was down 0.5 percent after three sessions of gains and set to end the week about 1 percent higher.
Top percentage losers were CIMB Group Holdings CIMB.KL and RHB Capital RHBC.KL , which fell 2.2 and 2.4 percent, respectively.
The central bank is expected to unveil its interest rate decision around 1000 GMT after market hours, with all 13 economists in a Reuters poll expecting it to hold the benchmark rate steady at 3.25 percent MYINTR=ECI .
The Thai SET index .SETI advanced as much as 0.5 percent to a near four-week high and was on track for its third straight weekly gain amid buying interest from local mutual funds.
Thai stocks are likely to stay range-bound as investors pared equity holdings ahead of the U.S. Federal Reserve policy meeting, strategists at broker Phillip Securities said in a report.
"Though an upside surprise from the Federal Reserve's decision to hold off interest rate hike looks more likely than a downside surprise but the room for further upside is however still limited," Phillip Securities said in the report.
Share markets have a mixed performance on the week amid uncertainty over a Fed rate decision. Vietnam .VNI was on course for a 2.8 percent gain, while Indonesia .JKSE and the Philippines headed for a weekly loss.
Singapore .FTSTI , which was closed on Friday for a polling day, posted a weekly gain of 0.9 percent after seven straight weeks of falls.
Energy shares were outperformers across exchanges, led by a 6.6 percent surge in Indonesia's Perusahaan Gas Negara PGAS.JK . Philippine Manila Electric MER.PS rose 0.9 percent and Thai Oil TOP.BK increased 2.9 percent.
Asian shares rose following gains on Wall Street, while the dollar firmed after facing pressure from a rise in the yuan, but gains were capped by uncertainty over whether the Federal Reserve will raise interest rates next week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Kuala Lumpur 1605.81 1614.02 -0.51
Bangkok 1400.78 1396.16 +0.33
Jakarta 4377.88 4343.26 +0.80
Manila 6912.23 6893.54 +0.27
Ho Chi Minh 572.63 572.07 +0.10