ASEAN KEY DESTINATIONS
28 August 2017
The Straits Times Index (STI) ended 8.05 points or 0.25% higher to 3267.62, taking the year-to-date performance to +13.43%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 1.08%, Global Logistic, which gained 0.31%, UOB, which gained 0.47%, OCBC Bank, which gained 0.64% and Singtel, with a closed unchanged.
The FTSE ST Mid Cap Index gained 0.31%, while the FTSE ST Small Cap Index declined 0.06%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.75%)
STI ETF (+0.30%)
Lyxor China H 10 (-0.25%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+0.95%)
Ascendas REIT (+1.15%)
Suntec REIT (+1.08%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171101 (+10.32%)
UOB MB eCW171016 (+6.98%)
OCBC Bk MB eCW180301 (+4.35%)
Singapore Stock Market
*ST Index 3,267.62 +8.05 3,259.57 -12.59
Volume: 1,289.7M 1,701.7M
Value: $798.6M $988.4M
Gainers/Losers: 199/201 211/195
Daily Market Commentary (Securities)
28 August 2017
The FBM KLCI index gained 0.32 points or 0.02% on Monday. The Finance Index increased 0.15% to 16718.03 points, the Properties Index dropped 0.85% to 1258.83 points and the Plantation Index down 0.24% to 7841.86 points. The market traded within a range of 6.20 points between an intra-day high of 1771.85 and a low of 1765.65 during the session.
Actively traded stocks include PALETTE, MLAB, PALETTE-WA, UMWOG, BORNOIL, DNEX-WD, M3TECH, XINGHE, DNEX and DIALOG. Trading volume decreased to 1777.43 mil shares worth RM1649.41 mil as compared to Friday’s 2004.48 mil shares worth RM1934.93 mil.
Leading Movers were WPRTS (+14 sen to RM3.75), IJM (+5 sen to RM3.40), ASTRO (+3 sen to RM2.69), CIMB (+6 sen to RM6.78) and IHH (+4 sen to RM5.95). Lagging Movers were GENM (-19 sen to RM5.63), PETGAS (-8 sen to RM18.64), MAXIS (-2 sen to RM5.74), KLCC (-8 sen to RM7.78) and RHBBANK (-4 sen to RM5.05). Market breadth was negative with 298 gainers as compared to 579 losers.
The KLCI was little changed despite last Friday’s gains in US market. Market sentiment was muted as lack of fresh lead.
Date As of: 28 August 2017
Description Volume Value Frequency
ETF 1,162,300 137,040,000 42
Stock 11,949,143,882 6,025,803,552,686 316,888
Warrant 92,985,200 8,298,311,500 3,683
Total 12,043,291,382 6,034,238,904,186 320,613
SET announces winners of Young Financial Star Competition 2017
BANGKOK, August 28, 2017 – The Stock Exchange of Thailand (SET), Thailand Futures Exchange (TFEX), Muang Thai Life Assurance pcl and PTT pcl have teamed up with other partners in the capital market to organize “Young Financial Star Competition 2017”, or YFS 2017, searching for the most competent young financiers from university students nationwide. The contest this year could attract more than 5,900 students, with a mission to prepare young talents for careers in the Thai capital market, offering prizes worth more than THB 5 million (approx.USD 147,000) in total.
This year, the winners are students from Chulalongkorn University and Thammasat University, and one “team” winner consisting of students from three universities.
SET President Kesara Manchusree said, "Realizing the importance of creating high-caliber talents for the Thai capital market, SET has again joined hands with our partners in the capital market to organize Young Financial Star Competition for the 15th consecutive year, to cultivate the students with high potential and prepare them for a career in the capital market namely investment consultants, securities analysts, investment bankers, financial planners, and other financial professionals. This year, 5,900 contestants from 102 universities nationwide joined the competition. Of the total, 274 passed the first round and received intensive training courses to sharpen their skills and expertise in financial planning and investment. Among the participants, 177 passed the test for Single License and 104 passed the test for Derivatives License”.
“SET would like to congratulate these young talents who received the licenses for capital market professionals and the winners of YFS in four categories. They truly represent the new generation of talents with good understanding and capability in the fields of finance and investment, and can be a driving force for the Thai capital market towards sustainability in the future,” added Kesara.
YFS 2017 winners in each category are: 1. Anon Leelachutipong from Chulalongkorn University, as SET Investment Star 2. Tayawat Sornin from Chulalongkorn University, as TFEX Derivatives Star 3. Monsichar Utitchalanont from Thammasat University, as Muang Thai Life Assurance Star and 4. A team from Chulalongkorn University, Thammasat University and Kasetsart University, named “Bamanaw” has been granted the PTT RIT Star Team.
Winners and first runners-up will receive scholarships worth a combined THB 5 million, including financial scholarships and grants for international study trip, financial supports for Certified Investment and Securities Analyst Program (CISA) and Certified Financial Planner Program (CFP) examinations, as well as plaques and certificates in recognition of their accomplishments.
As of 28 August 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,847.79 4,394.79 453.00
Proprietary 5,043.77 4,426.45 617.32
Foreign 12,245.23 14,169.77 -1,924.53
Individual 17,124.73 16,270.51 854.21
Total Trading Value 39,261.52 M.Baht
SE Asia Stocks-Rise; Thai index hits 2-mth closing high
Most Southeast Asian stock markets rose on Monday as energy stocks gained due to disruptions from
Hurricane Harvey that battered the U.S. Gulf Coast, with Thailand .SETI closing at a two-month high as easing political tensions boosted sentiment.
U.S. traders were seeking to import oil product cargoes from North Asia after Harvey forced refineries across the U.S. Gulf Coast to shut down, refining and shipping industry sources said on Monday.
Sentiment was also supported as China's major stock indexes rose to 20-month highs on Monday, lifted by financial shares and a spate of forecast-beating earnings reports from state industrial giants.
In Southeast Asia, Thai shares rose 0.6 percent to close at their highest since June 27, spurred by broad-based gains.
Ousted Thai prime minister Yingluck Shinawatra fled the country ahead of a verdict against her in a negligence trial
brought by the junta that overthrew her, leaving the populist movement that has dominated Thai politics for a generation leaderless and in despair.
It also meant Yingluck doesn't become a martyr, as she could have done if she had been jailed over the costly rice subsidy scheme, or get let off lightly, which could have raised awkward questions over why the military overthrew her in 2014.
This has eased political tensions and has provided a short term boost to the stock market, said Teerada Charnyingyong, a strategist at Phillip Capital Thailand.
The Singapore index .STI closed 0.25 percent higher, with financials and energy stocks leading the gains.
Complex refining margins in Singapore, which already hit their highest in August in five years, could get a further boost from Harvey.
Vietnam shares rose 0.7 percent to hit their highest in nearly three weeks. urn:newsml:reuters.com:*:nL4N1LE25R
Indonesian shares .JKSE however fell slightly, with Telekomunikasi Indonesia TLKM.JK down 0.8 percent and Bank Rakyat Indonesia BBRI.JK 0.7 percent lower.
An outage from a satellite belonging to Telekomunikasi Indonesia led to thousands of ATMs and electronic card payment machines in the nation going offline over the weekend.
The Philippine market was closed for a local holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 3267.62 3259.57 0.25
Bangkok 1585.79 1575.85 0.63
Jakarta 5903.341 5915.363 -0.20
Kuala Lumpur 1769.49 1769.17 0.02
Ho Chi Minh 777.26 771.63 0.73