ASEAN KEY DESTINATIONS
28 September 2015
The Straits Times Index (STI) ended 40.72 points or 1.44% lower to 2791.92, taking the year-to-date performance to -17.03%.
The top active stocks today were SingTel, which declined 3.30%, OCBC Bank, which declined 2.02%, DBS, which declined 1.13%, UOB, which declined 1.28% and Ascendas Reit, with a 1.30% fall.
The FTSE ST Mid Cap Index declined 0.93%, while the FTSE ST Small Cap Index declined 0.81%.
The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 0.02%. The two biggest stocks of the Index - China Everbright Water and SIIC Environment Holdings – ended 1.61% lower and remained unchanged respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 4.08%. Silverlake Axis shares declined 7.76% and STATS ChipPAC remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
Sti Etf (-1.38%)
Spdr Gold Shares (-0.41%)
Is Msci India 100 (-1.32%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas Reit (-1.30%)
Capitamall Trust (-0.79%)
Capitacom Trust (unchanged)
The most active index warrants by value today were:
STI 2950MBePW151231 (+10.31%)
STI 3000MBeCW151231 (-14.58%)
The most active stock warrants by value today were:
OCBC Bk MBeCW160111 (-15.71%)
DBS MB eCW160201 (-13.86%)
KepCorp MBeCW160201 (-8.64%)
Singapore Stock Market
*ST Index 2,791.92 -40.72 2,832.64 -13.1
Volume: 949.7M 1,366.5M
Value: $965.3M $1,194.9M
Gainers/Losers: 108/295 189/207
Daily Market Commentary (Securities)
28 September 2015
The FBM KLCI index lost 6.58 points or 0.41% on Monday. The Finance Index fell 0.35% to 13930.22 points, the Properties Index up 0.47% to 1166.47 points and the Plantation Index rose 0.36% to 6970.69 points. The market traded within a range of 13.69 points between an intra-day high of 1613.96 and a low of 1600.27 during the session.
Actively traded stocks include IFCAMSC, UEMS, TMS, AIRSIA, FBMKLCI-C12, DSONIC-CE, CIMB-C6, UEMS-C17, AAX and TIGER. Trading volume decreased to 1642.44 mil shares worth RM1555.55 mil as compared to Friday’s 1661.68 mil shares worth RM1949.35 mil.
Leading Movers were KLCC (+11 sen to RM7.01), AMMB (+3 sen to RM4.58), YTL (+1 sen to RM1.60), TM (+4 sen to RM6.70) and SIME (+4 sen to RM7.48). Lagging Movers were GENTING (-16 sen to RM7.10), AXIATA (-3 sen to RM5.79), BAT (-112 sen to RM60.80), UMW (-11 sen to RM7.68) and CIMB (-6 sen to RM4.63). Market breadth was negative with 366 gainers as compared to 412 losers.
The KLCI extended its midday losses by ending lower at 1608.43 points as absence of fresh positive catalyst and the weakening ringgit dampened the local sentiment.
Date As of: 28 September 2015
Description Volume Value Frequency
ETF 118,500 38,602,000 37
Stock 4,568,309,539 4,097,713,435,609 218,606
Right 00 00 00
Warrant 18,731,800 867,962,600 761
Total 4,587,159,839 4,098,620,000,209 219,404
Thai bourse to list JWD Infologistics on September 29
BANGKOK, September 28, 2015 - The Stock Exchange of Thailand (SET) will list JWD Infologistics pcl, a leading fully-integrated logistics service provider on September 29, under the ticker symbol "JWD". The company has a market capitalization at its initial public offering (IPO) of THB 6.6 billion
(approximately USD 183.3 million).
SET Executive Vice President Santi Kiranand said that JWD would list on SET in Services industry, Transportation & Logistics sector. JWD, an integrated in-land logistics and supply chain management service provider, offered warehouse services everywhere including tax- free zone, general zone and free zone warehouse; domestic & cross-border transportation and distribution; domestic & international house and office moving; to record & information management, with cutting edge information technology for maximum efficiency and speed to serve customer needs.
JWD has a paid-up registered capital of THB 300 million, consisting of 480 million existing common shares and 120 million newly issued shares, with a par value of THB 0.50 each.
It offered newly issued shares to the general public via IPO during September 21-23 at THB 11 each for a total of THB 1.32 billion. Kasikorn Securities pcl is the financial advisor and underwriter.
JWD Chief Executive Officer Charvanin Bunditkitsada said that being enlisted in SET would strengthen the company's financial capability. The fund raised would be for our working capital, debt repayment and business expansion. With the commitment to develop information technology management and enhance services in line with international standards, JWD has been gearing toward becoming a leader of integrated logistics service provider in Asia.
JWD's three major shareholders after IPO are Mr.Charvanin Bunditkitsada group (50.44 percent), Mr. Jitchai Nimitpanya group (18.24 percent) and Mindo Asia Investments Limited (4.00 percent). The IPO price was equivalent to price-to-earnings ratio (P/E) of 34.79 times, calculated by using the net profit
in the past four quarters (from Q3/2014 to Q2/2015) divided by the number of fully-diluted shares, representing earnings per share of THB 0.32. JWD's dividend payment policy is to pay no less than 40 percent of net profit (from the separate financial statement) after taxes and reserves.
As of 28 September 2015 Unit: M.Baht
Type Buy Sell Net
Institution 1,908.81 1,698.52 210.29
Proprietary 3,225.09 5,086.37 -1,861.29
Foreign 4,562.54 6,650.45 -2,087.91
Individual 18,895.62 15,156.71 3,738.91
Total Trading Value 28,592.05 M.Baht
Vietnam index marks steepest fall in over 3 weeks after cbank move
Vietnam's benchmark VN Index .VNI ended nearly 1 percent lower on Monday, its biggest fall since Sept. 3, after the central bank removed a 0.25 percent interest rate ceiling on corporate dollar deposits.
The State Bank of Vietnam also lowered the dollar deposit rate at banks for individuals to 0.25 percent, from 0.75 percent previously, in a move to prevent dollar hoarding.
Declines were led by Vietcombank VCB.HM , the country's top lender by market value, which fell 2.77 percent, while confectionery firm Kinh Do KDC.HM bucked the trend to rise 4.18 percent after it said it would buy 40 million treasury shares.
Here is a snapshot of the VN Index .VNI at the close
VN Index 564.88
PREV. CLOSE 570.38
% CHANGE -0.96%