ASEAN KEY DESTINATIONS
25 August 2016
The Straits Times Index (STI) ended 5.02 points or 0.17% higher to 2874.59, taking the year-to-date performance to -0.28%.
The top active stocks today were UOB, which gained 1.12%, OCBC Bank, which gained 0.46%, Singtel, which gained 0.71%, DBS, which gained 0.39% and ComfortDelGro, which closed unchanged.
The FTSE ST Mid Cap Index declined 0.55%, while the FTSE ST Small Cap Index declined 0.33%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 0.55%. The two biggest stocks of the Index - Singtel and StarHub – ended 0.71% higher and 1.60% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 1.17%. Silverlake Axis shares declined 1.68% and CSE Global declined 3.33%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Asia Ex Japan ETF (-0.91%)
STI ETF (unchanged)
SPDR Gold Shares (-0.97%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.81%)
CapitaLand Mall Trust (+0.46%)
Fortune REIT HKD (+1.43%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (unchanged)
UOB MB eCW170201 (+8.33%)
DBS MB ePW170201 (-1.01%)
Singapore Stock Market
*ST Index 2,876.93 +7.36 2,869.57 +19.14
Volume: 713.1M 987.5M
Value: $717.7M $838.2M
Gainers/Losers: 169/211 236/151
Daily Market Commentary (Securities)
25 August 2016
The FBM KLCI index lost 1.76 points or 0.10% on Thursday. The Finance Index fell 0.31% to 14415.45 points, the Properties Index up 0.00% to 1191.09 points and the Plantation Index down 0.57% to 7795.75 points. The market traded within a range of 9.16 points between an intra-day high of 1687.43 and a low of 1678.27 during the session.
Actively traded stocks include REACH-WA, AAX, M3TECH-WA, FGV, VIVOCOM, AIRASIA, HIBISCS, IRIS, FGV-C15 and THHEAVY. Trading volume decreased to 1741.01 mil shares worth RM1890.32 mil as compared to Wednesday’s 1935.00 mil shares worth RM1774.77 mil.
Leading Movers were SIME (+9 sen to RM7.90), AMMB (+5 sen to RM4.42), KLCC (+7 sen to RM7.67), SKPETRO (+1 sen to RM1.60) and YTL (+1 sen to RM1.70). Lagging Movers were AXIATA (-18 sen to RM5.49), MAYBANK (-9 sen to RM7.90), HLFG (-16 sen to RM15.94), ASTRO (-2 sen to RM2.90) and BAT (-22 sen to RM49.84). Market breadth was negative with 297 gainers as compared to 523 losers.
The KLCI closed flat with 1.76 points lower at 1680.30 points amid overnight losses in Wall Street. The performance of our local bourse was bogged down by selling interest in heavy weights counters like Axiata after posted weaker earnings.
Date As of: 25 August 2016
Description Volume Value Frequency
ETF 23,200 15,875,000 13
Stock 7,167,684,540 7,435,256,921,347 300,728
Right 1,600 1,304,500 13
Warrant 16,017,200 3,259,384,600 361
Total 7,183,726,540 7,438,533,485,447 301,115
As of 25 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,685.96 4,796.35 -110.39
Proprietary 6,378.15 6,575.34 -197.19
Foreign 18,841.01 17,823.58 1,017.42
Individual 28,008.56 28,718.41 -709.85
Total Trading Value 57,913.68 M.Baht
SE Asia Stocks-Indonesia gains; market subdued ahead of Yellen speech
Indonesian shares gained nearly 1 percent on Thursday while other markets in the region were largely lacklustre as investors awaited cues on U.S. interest rates from Federal Reserve Chair Janet Yellen's speech on Friday.
Markets expect Yellen to outline a clearer time frame for the next U.S. rate hike after strong housing data this week and upbeat comments by other Fed officials, but many analysts expect her to strike a more neutral stance.
Indonesian stocks posted their first gain in three sessions led by utilities, with Perusahaan Gas Negara (Persero) Tbk PT PGAS.JK gaining 4.1 percent.
Harry Su, an analyst with Jakarta-based Bahana Securities, attributed the gains to a technical rebound, adding that a rise
in emerging market exchange-traded funds(ETFs) helped Indonesian ETFs, further boosting the market curve.
Market participants are still hoping that the tax amnesty programme will be a success, propelling the market to be the best performer in the region, Su added. urn:newsml:reuters.com:*:nL4N1AM0HU
The Jakarta Composite Index .JKSE had gained 17.7 percent this year as of Wednesday's close.
Vietnamese shares .VNI eased after two sessions of gains to end marginally lower, with energy shares tumbling on a decline in global oil prices O/R . Petrovietnam Gas Joint Stock Corp GAS.HM ended 2.4 percent lower.
The market was cautious ahead of Yellen's speech, with the weakness on Wall Street and lower commodity prices weighing on sentiment, said Fiachra MacCana, head of research at Ho Chi Minh Securities.
"There is a hint of nervousness in the air with investors expecting the speech to lay out a possible rationale for a rate hike before the year-end," MacCana said.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2876.93 2869.57 0.26
Bangkok 1544.1 1547.55 -0.22
Manila 7854.54 7866.13 -0.15
Jakarta 5454.116 5403.992 0.93
Kuala Lumpur 1680.3 1682.06 -0.10
Ho Chi Minh 658.5 660.77 -0.34
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.