ASEAN KEY DESTINATIONS
04 April 2018
The Straits Times Index (STI) ended 72.45 points or 2.12% lower to 3339.7, taking the year-to-date performance to +1.86%. For more observations go to www.sgx.com/research
The top active stocks today were DBS, which declined 2.61%, UOB, which declined 2.52%, OCBC Bank, which declined 3.23%, Venture, which declined 4.56% and Singtel, with a 1.48% fall.
The FTSE ST Mid Cap Index declined 1.33%, while the FTSE ST Small Cap Index declined 1.69%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-1.76%)
SPDR Gold Shares (+0.77%)
IS MSCI India (-0.23%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-1.44%)
CapitaLand Commercial Trust (-1.63%)
Ascendas REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180810 (-23.01%)
UOB MB eCW180802 (-22.92%)
KepCorp MBeCW181022 (-14.00%)
Singapore Stock Market
*ST Index 3,339.7 -72.45 3,412.15 -18.61
Volume: 2,154.7M 1,587.2M
Value: $1,565M $1,232.1M
Gainers/Losers: 112/398 147/263
Daily Market Commentary (Securities)
04 April 2018
The FBM KLCI index lost 34.84 points or 1.88% on Wednesday. The Finance Index fell 2.43% to 17711.31 points, the Properties Index dropped 2.83% to 1038.32 points and the Plantation Index down 1.20% to 7901.36 points. The market traded within a range of 40.18 points between an intra-day high of 1851.74 and a low of 1811.56 during the session.
Actively traded stocks include SAPNRG, PUC, NEXGRAM, UMWOG, HIBISCS, HIBISCS-WC, AAX, RSENA-WA, HIBISCS-CC and HIS-H4A. Trading volume increased to 3277.01 mil shares worth RM2781.93 mil as compared to Tuesday’s 1892.83 mil shares worth RM1896.18 mil.
Leading Movers were ASTRO (+3 sen to RM1.95), MISC (+7 sen to RM7.07), PETDAG (+2 sen to RM24.68), PPB (+2 sen to RM19.00) and PBBANK (+6 sen to RM23.90). Lagging Movers were AMMB (-26 sen to RM3.61), GENM (-26 sen to RM4.59), MAXIS (-29 sen to RM5.39), CIMB (-30 sen to RM6.90) and DIGI (-18 sen to RM4.40). Market breadth was negative with 111 gainers as compared to 1105 losers.
The KLCI continued its losing streak and closed lower at 1815.94 points despite overnight rally in US market. The performance of our local benchmark was in line with most of our regional peers amid trade war concern between US and China.
Date As of: 04 April 2018
Description Volume Value Frequency
ETF 181,500 43,976,000 63
Stock 8,438,235,459 6,507,836,966,412 386,651
Right 80,240,800 1,481,448,500 1,233
Warrant 83,145,950 18,520,545,800 9,980
Total 8,601,803,709 6,527,882,936,712 397,927
As of 4 April 2018 Unit: M.Baht
Type Buy Sell Net
Institution 9,471.08 13,330.71 -3,859.63
Proprietary 10,812.87 14,675.09 -3,862.21
Foreign 32,044.48 31,840.37 204.11
Individual 40,832.16 33,314.42 7,517.73
Total Trading Value 93,160.59 M.Baht
SE Asia Stocks-Most slump as China's retaliatory tariffs on U.S. goods intensify trade worries
* Thai shares drop 2.2 pct to lowest in over 3 months
* Singapore sheds 2.1 pct to its lowest in nearly 6 months
* Asian shares ex-Japan slide 1.3 pct to lowest in 1 month
By Nicole Pinto
April 4 (Reuters) - Most Southeast Asian stock markets slumped on Wednesday as China swiftly retaliated against the Trump administration's plans to impose tariffs on Chinese goods with duties on key U.S. imports, heightening worries of a trade war between the two countries.
The speed with which the trade struggle between Washington and Beijing is ratcheting up – the Chinese government took less than 11 hours to respond with its own measures – led to a sharp selloff in global stock markets and commodities.
Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50
billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.
MSCI's broadest index of Asia-Pacific shares outside Japan fell as much as 1.3 percent to its lowest in
over one month.
Shares in Thailand .SETI slumped 2.3 percent to their lowest close in over three months.
Thai shares fell largely due to external factors as investors worry about a trade war, said Teerada Charnyingyong,
an analyst at Phillip Capital Thailand.
"From a technical point of view, it couldn't stand above 1,760 which is quite an important psychological level for the
Thai stock market," Charnyingyong added.
Kasikornbank Pcl KBANK.BK shed 7.8 percent while Siam Commercial Bank PCL SCB.BK fell 2.4 percent.
Singapore .STI , one of the more expensive markets in Asia and highly exposed to global trade, ended 2.1 percent lower at its lowest since October 2017.
DBS Group Holdings Ltd DBSM.SI fell 2.6 percent, hitting a near 2-month low, while Oversea-Chinese Banking Corp Ltd OCBC.SI dropped 3.2 percent, hitting an over 1-month low.
Malaysian shares ended the session 1.9 percent down at a near two-month closing low.
CIMB Group Holdings Bhd CIMB.KL and Malayan Banking Bhd fell 4.2 percent and 1.7 percent lower, respectively.
Indonesian shares .JKSE ended the session 1.2 percent lower. The index of the country's 45 most liquid stocks
fell 1.3 percent.
Bank Negara Indonesia (Persero) TBK PT BBNI.JK shed 4.1 percent and Bank Mandiri (Persero) TBK PT BMRI.JK fell 2.6 percent.
Vietnam shares .VNI were the only gainers in the region, rising 0.3 percent, helped by Vingroup JSC VIC.HM , which
jumped 4.3 percent to a record closing high, while Vietnam Dairy Products JSC gained 3.3 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous close Pct Move
Singapore 3339.7 3412.15 -2.12
Bangkok 1724.98 1765.24 -2.28
Manila 7997.67 8048.72 -0.63
Jakarta 6157.096 6229.013 -1.15
Kuala Lumpur 1815.94 1850.78 -1.88
Ho Chi Minh 1191.54 1188.29 0.27