ASEAN KEY DESTINATIONS
10 August 2017
The Straits Times Index (STI) ended 5.16 points or 0.16% higher to 3323.24, taking the year-to-date performance to +15.36%. For longer term observations please go to sgx.com/research.
The top active stocks today were Global Logistic, which declined 0.92%, DBS, which gained 1.14%, Singtel, which declined 0.27%, OCBC Bank, which gained 1.07% and Venture, with a 0.64% fall.
The FTSE ST Mid Cap Index declined 0.15%, while the FTSE ST Small Cap Index declined 0.50%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Phil Ap Div REIT Us$ (-1.64%)
STI ETF (unchanged)
SPDR Gold Shares (+1.35%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+0.49%)
Ascendas REIT (-0.37%)
CapitaLand Commercial Trust (+0.88%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+17.78%)
DBS MB ePW171204 (-9.82%)
UOB MB eCW171016 (+15.15%)
Singapore Stock Market
*ST Index 3,323.24 +5.16 3,318.08 -2.59
Volume: 2,980.3M 1,852M
Value: $1,792.5M $1,304.9M
Gainers/Losers: 168/314 238/210
Daily Market Commentary (Securities)
10 August 2017
The FBM KLCI index lost 0.17 points or 0.01% on Thursday. The Finance Index fell 0.04% to 16830.11 points, the Properties Index dropped 0.28% to 1243.85 points and the Plantation Index down 0.14% to 7829.96 points. The market traded within a range of 4.54 points between an intra-day high of 1778.18 and a low of 1773.64 during the session.
Actively traded stocks include NETX, STERPRO, MLAB, FRONTKN, DNEX, PMETAL, UEMS-C45, MPAY, DNEX-WD and TAGB. Trading volume decreased to 1353.33 mil shares worth RM1497.98 mil as compared to Wednesday’s 1423.18 mil shares worth RM1734.91 mil.
Leading Movers were AMMB (+11 sen to RM4.83), WPRTS (+4 sen to RM3.67), BAT (+81 sen to RM43.38), PETDAG (+18 sen to RM23.98) and HLBANK (+6 sen to RM15.68). Lagging Movers were RHBBANK (-5 sen to RM4.83), GENM (-5 sen to RM5.87), GENTING (-7 sen to RM9.70), MISC (-3 sen to RM7.30) and MAYBANK (-4 sen to RM9.78). Market breadth was negative with 259 gainers as compared to 624 losers.
The KLCI was little changed and closed lower at 1777.77 points amid overnight losses in US market. Meanwhile, the performance of our regional peers remained jittery following the geopolitical tension between North Korea and US.
Date As of: 10 August 2017
Description Volume Value Frequency
ETF 818,500 83,711,000 27
Stock 9,202,150,486 5,874,358,905,442 292,800
Warrant 99,973,684 13,220,763,454 7,805
Total 9,302,942,670 5,887,663,379,896 300,632
As of 10 August 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,696.01 4,261.39 434.62
Proprietary 3,387.04 3,609.06 -222.02
Foreign 10,024.97 9,346.99 677.99
Individual 15,101.78 15,992.37 -890.59
Total Trading Value 33,209.81 M.Baht
SE Asia Stocks-Subdued as N.Korea tensions weigh
Southeast Asian stocks ended largely flat on Thursday as investors fretted about the simmering tensions
between the United States and North Korea, even as the previous day's rush to safe-haven assets appeared to slow.
Risk appetite in the region took a hit after North Korea said it was considering plans for a missile strike on the U.S.
island territory of Guam, just hours after U.S. President Donald Trump warned that any threat to the United States would be met with "fire and fury".
Any news of a war or tension is always a reason for a sell-off, said Mikey Macainag, an analyst with Sunsecurities
Inc, adding that the regional markets were at greater risk owing to Southeast Asia's proximity to the epicentre of the crisis.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.7 percent, after briefly trading in positive territory earlier in the day.
There is a lack of confidence in the market due to tensions as everybody is fearing a war, added Macainag.
In Southeast Asia, Philippines .PSI ended 0.3 percent lower, with consumer and energy stocks leading the losses.
"Some of the earnings disappointed, but some are just in line with the estimates. Investors are in a risk-off mode ahead
of GDP data expected next week," Macainag added. ECONASIA
The biggest loser on the index, JG Summit Holdings Inc JGS.PS lost 6.2 percent, while Petron Corp PCOR.PS ended 2.5 percent lower.
The country's central bank left its benchmark interest rate unchanged on Thursday, in line with expectations.
Malaysia .KLSE ended flat as gains in consumer staples offset losses in consumer cyclicals. Government data showed
industrial production MYIP=ECI in June rose 4 percent from a year earlier.
Bucking the trend, Singapore shares .STI closed marginally higher. The index gained as much as 0.8 percent earlier in the day, but gains were trimmed after financials reversed course.
A Reuters poll showed the city-state's economy may have grown more than previously estimated in the second quarter on strong manufacturing. The data is expected to be released on Friday.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 3323.24 3318.08 0.16
Bangkok 1571.64 1571.51 0.01
Manila 7966.25 7985.83 -0.25
Jakarta 5825.946 5824.007 0.03
Kuala Lumpur 1777.77 1777.94 -0.01
Ho Chi Minh 773.43 773.66 -0.03