ASEAN KEY DESTINATIONS
16 August 2016
The Straits Times Index (STI) ended 4.9 points or 0.17% lower to 2862.31, taking the year-to-date performance to -0.71%.
The top active stocks today were DBS, which declined 0.34%, UOB, which declined 0.57%, Singtel, which declined 0.93%, Wilmar Intl, which gained 1.61% and OCBC Bank, with a 0.24% fall.
The FTSE ST Mid Cap Index gained 0.41%, while the FTSE ST Small Cap Index declined 0.07%.
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 1.15%. The two biggest stocks of the Index - Wilmar International and Thai Beverage – ended 1.61% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.51%. Midas Holdings shares remained unchanged and Geo Energy Resources declined 1.84 %.
The three most active Exchange Traded Funds (ETFs) by value today were:
iShares USD Asia HY Bond ETF (unchanged)
STI ETF (+0.34%)
IS MSCI India (-0.55%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
Ascendas REIT (+0.82%)
Mapletree Com Trust (+0.33%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (-2.68%)
UOB MB eCW170201 (-4.82%)
DBS MB ePW170201 (+2.54%)
Singapore Stock Market
*ST Index 2,858.8 -8.41 2,867.21 -0.19
Volume: 1,073.1M 815.1M
Value: $826.6M $721.1M
Gainers/Losers: 190/196 212/179
Daily Market Commentary (Securities)
16 August 2016
The FBM KLCI index gained 9.56 points or 0.57% on Tuesday. The Finance Index increased 0.58% to 14577.29 points, the Properties Index up 0.43% to 1194.6 points and the Plantation Index down 0.03% to 7737.45 points. The market traded within a range of 16.95 points between an intra-day high of 1700.71 and a low of 1683.76 during the session.
Actively traded stocks include IRIS, ARMADA-C16, SKPETROC25, SUMATEC, THHEAVY, MYEG-CX, SMTRACK, BORNOIL, SKPETROC17 and KNM. Trading volume increased to 2832.09 mil shares worth RM2452.21 mil as compared to Monday’s 2313.17 mil shares worth RM1746.05 mil.
Leading Movers were AXIATA (+19 sen to RM5.99), SIME (+17 sen to RM8.26), CIMB (+9 sen to RM4.75), BAT (+92 sen to RM52.00) and SKPETRO (+2 sen to RM1.59). Lagging Movers were WPRTS (-10 sen to RM4.34), GENTING (-6 sen to RM8.25), GENM (-3 sen to RM4.37), KLCC (-5 sen to RM7.55) and HLBANK (-8 sen to RM13.18). Market breadth was positive with 512 gainers as compared to 382 losers.
The KLCI surged and closed higher at 1699.89 points amid overnight gains in US market. The performance of our local bourse was bolstered by rally in oil prices.
Date As of: 16 August 2016
Description Volume Value Frequency
ETF 60,100 34,430,800 07
Stock 8,128,078,441 7,698,266,798,238 273,400
Right 206,704,107 6,848,615,707 2,020
Warrant 13,201,100 2,819,769,000 246
Total 8,348,043,748 7,707,969,613,745 275,673
As of 16 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,514.32 9,734.31 -3,219.98
Proprietary 7,485.20 7,534.89 -49.69
Foreign 17,208.25 18,137.85 -929.60
Individual 39,771.43 35,572.16 4,199.27
Total Trading Value 70,979.21 M.Baht
SE Asia Stocks-Sluggish; Thailand hits 1-wk low
Southeast Asian stock markets were sluggish on Tuesday, with Thailand shedding nearly 1 percent to a one-week low, amid expectations of an extended phase of monetary easing after downbeat economic data from major economies.
Most countries are easing their monetary policies, with Britain, Australia and New Zealand cutting rates in recent weeks and Japan stepping up purchases of exchange-traded funds.
The expected easing posture of central banks globally suggests the Fed may be slower to raise short-term interest rates and that could be reflected in the minutes, analysts said.
"We recommend taking profit on outperforming trades when sentiment levels have moderated or Fed pricing has normalised,"
Nomura strategist Mixo Das said in a note.
Investor sentiment got a boost as oil prices remained near five-week highs on Tuesday, gaining 16 percent in a rally since early August as speculation intensified over potential producer action to support prices amid a glut.
Thailand's SET index .SETI fell for a second day in row, dragged down by financial stocks such as Siam Commercial Bank Pcl SCB.BK and Kasikornbank Pcl KBANK.BK .
A rapid rise in the baht THB=TH could impede business and the economy and the central bank will closely monitor the
currency, an assistant central bank governor said.
Malaysian shares .KLSE rose for a fifth straight session, led by telecom services and industrials, while Philippine stocks .PSI extended gains into a second straight day, with consumer cyclicals driving the rise.
Indonesian shares .JKSE closed nearly 1 percent higher, driven by consumer staples, with PT Unilever Indonesia Tbk
UNVR.JK and PT Charoen Pokphand Indonesia Tbk CPIN.JK among the biggest gainers.
Automobile sales in Indonesia rose 12.5 percent in July from a year earlier, according to data released by industry
Indonesia's financial markets will be closed on Wednesday for a public holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev. close Pct Move
Singapore 2858.8 2867.21 -0.29
Bangkok 1536.35 1549.11 -0.82
Manila 7983.38 7960.17 0.29
Jakarta 5371.846 5320.561 0.96
Kuala Lumpur 1699.89 1690.33 0.57
Ho Chi Minh 658.11 659.47 -0.21
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.