ASEAN KEY DESTINATIONS
08 June 2016
The Straits Times Index (STI) ended 14.29 points or 0.5% higher to 2862.38, taking the year-to-date performance to -0.71%.
The top active stocks today were DBS, which gained 0.89%, Keppel Corp, which gained 4.95%, UOB, which gained 0.80%, SingTel, which gained 0.25% and Sembcorp Industries, with a 4.14% advance.
The FTSE ST Mid Cap Index gained 0.41%, while the FTSE ST Small Cap Index rose 0.93%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 4.64%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries – ended 4.95% higher and 4.14% higher respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 0.74%. Jardine Matheson Holdings shares declined 1.60% and Jardine Strategic Holdings declined 1.31%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.84%)
STI ETF (+0.35%)
DBXT MSCI Indonesia ETF 10 (-0.54%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Capitamall Trust (+0.49%)
Ascendas REIT (-0.43%)
Capitacom Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MB eCW161101 (+25.33%)
DBS MB eCW161031 (+5.77%)
UOB MB eCW161031 (+4.92%)
Singapore Stock Market
*ST Index 2,862.38 +14.29 2,848.09 +16.81
Volume: 1,740.4M 1,693.7M
Value: $1,052.7M $945.4M
Gainers/Losers: 251/159 262/129
Daily Market Commentary (Securities)
08 June 2016
The FBM KLCI index lost 2.77 points or 0.17% on Wednesday. The Finance Index fell 0.33% to 14330.23 points, the Properties Index dropped 0.06% to 1157.41 points and the Plantation Index down 0.48% to 7604.82 points. The market traded within a range of 8.92 points between an intra-day high of 1662.17 and a low of 1653.25 during the session.
Actively traded stocks include M3TECH, SUMATEC, ARMADA, AWC, AIRASIA, AIRASIAC33, SKPETRO, DRBHCOMC20, DRBHCOMC19 and KNM. Trading volume decreased to 1765.62 mil shares worth RM1782.35 mil as compared to Tuesday’s 1935.25 mil shares worth RM2124.91 mil.
Leading Movers were UMW (+24 sen to RM5.60), SKPETRO (+4 sen to RM1.74), TM (+8 sen to RM6.72), MAXIS (+6 sen to RM5.75) and PETGAS (+18 sen to RM21.96). Lagging Movers were BAT (-160 sen to RM50.20), KLCC (-22 sen to RM7.36), ASTRO (-5 sen to RM2.90), MAYBANK (-12 sen to RM8.27) and IHH (-6 sen to RM6.44). Market breadth was negative with 355 gainers as compared to 445 losers.
The KLCI extended its midday losses and closed lower at 1657.85 points amid overnight mixed performance in Wall Street. Investors were taking profit following the gains in our local bourse in the past few days.
Date As of: 08 June 2016
Description Volume Value Frequency
ETF 26,300 13,253,200 09
Stock 4,795,338,173 6,174,030,312,431 264,904
Right 76,814,901 5,490,119,353 1,523
Warrant 10,781,600 122,326,100 299
Total 4,882,960,974 6,179,656,011,084 266,735
As of 8 June 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,606.15 4,772.78 -1,166.63
Proprietary 4,898.50 4,544.77 353.72
Foreign 11,413.06 10,093.47 1,319.59
Individual 21,944.35 22,451.03 -506.68
Total Trading Value 41,862.06 M.Baht
SE Asia Stocks-Largely up; Philippines pares gains to close slightly up
Most Southeast Asian stocks rose on Wednesday, with Singapore and Vietnam extending gains while the
Philippine market pared earlier strength to close marginally higher.
"Regional markets are moving today more as a reaction from the last few days' strength, primarily due to the U.S. Federal Reserve's guidance on not raising interest rates (soon), as this will in turn help funds flow back to these markets," said Charles Ang, an analyst with Manila-based COL Financial Inc.
Markets in Southeast Asia will move higher in the coming days as liquidity seems to be flowing back, Ang said, adding
that China's trade data would impact these markets to a certain degree. urn:newsml:reuters.com:*:nL4N1901R9
China's exports fell more than expected in May as global demand remained stubbornly weak, but imports beat forecasts, pointing to improving domestic demand and adding to hopes that the world's second-largest economy may be slowly stabilizing.
Singapore's Straits Times Index .STI extended gains into a fifth consecutive session, led by oil & gas stocks as crude
prices jumped to their highest level in eight months.
Keppel Corp Ltd KPLM.SI rose 4.95 percent, while Sembcorp Industries Ltd SCIL.SI gained 4.1 percent.
Vietnam shares .VNI rose for a second day and closed 0.5 percent higher, led by basic materials and technology stocks, while Philippine shares .PSI closed 0.2 percent higher, after rising as much as 1.1 percent to their highest level since May 25, 2015 earlier in the day.
Meanwhile, Indonesian shares .JKSE hit an 11-month peak before settling down 0.4 percent, with telecommunication
services and industrials stocks leading the losses. Telekom Indonesia TLKM.JK fell 3.1 percent, while Jasa Marga JSMR.JK dropped 0.9 percent.
"... expect to see further softening of transaction volume as investors are likely to wait for key market data ahead of BI
meeting, British referendum, and June FOMC (meeting)," said Taye Shim, an analyst with Daewoo Securities Indonesia, in a note.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2862.38 2848.09 0.50
Bangkok 1445.54 1442.42 0.22
Manila 7722.79 7710.54 0.16
Jakarta 4916.061 4933.989 -0.36
Kuala Lumpur 1657.85 1660.62 -0.17
Ho Chi Minh 627.87 624.65 0.52