ASEAN KEY DESTINATIONS
02 August 2016
The Straits Times Index (STI) ended 35.85 points or 1.24% lower to 2856.67, taking the year-to-date performance to -0.90%.
The top active stocks today were Singtel, which declined 3.11%, DBS, which declined 1.37%, UOB, which declined 1.09%, OCBC Bank, which declined 0.81% and Noble, with a 17.90% fall.
The FTSE ST Mid Cap Index declined 1.25%, while the FTSE ST Small Cap Index declined 0.93%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 3.96%. The two biggest stocks of the Index - Silverlake Axis and CSE Global- ended 5.51% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 2.82%. Singtel shares declined 3.11% and StarHub declined 0.25%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-1.04%)
SPDR Gold Shares (+0.72%)
DBXT S&P CNX Nifty ETF (+0.11%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.79%)
CapitaLand Mall Trust (+0.47%)
Mapletree Com Trust (-1.61%)
The most active index warrants by value today were:
NKY 15500MBePW161209 (+8.81%)
NKY 16000MBePW160909 (+18.09%)
The most active stock warrants by value today were:
DBS MB eCW161031 (-13.46%)
UOB MB eCW161031 (-13.85%)
DBS MB ePW161201 (+5.39%)
Singapore Stock Market
*ST Index 2,856.67 -35.85 2,892.52 +23.83
Volume: 1,308.3M 1,235.6M
Value: 1,039M $1,326.5M
Gainers/Losers: 128/308 190/228
Daily Market Commentary (Securities)
2 August 2016
The FBM KLCI index lost 5.00 points or 0.30% on Tuesday. The Finance Index fell 0.33% to 14236 points, the Properties Index dropped 0.42% to 1155.08 points and the Plantation Index down 0.08% to 7586.92 points. The market traded within a range of 7.39 points between an intra-day high of 1665.17 and a low of 1657.78 during the session.
Actively traded stocks include MBSB, THHEAVY, PDZ, DRBHCOMC19, DRBHCOMC21, M3TECH, VIVOCOM, DRBHCOMC20, FGV-C11 and TRIVE. Trading volume increased to 1917.48 mil shares worth RM1842.22 mil as compared to Monday’s 1781.94 mil shares worth RM2018.45 mil.
Leading Movers were BAT (+56 sen to RM50.56), AMMB (+3 sen to RM4.42), PBBANK (+12 sen to RM19.80), ASTRO (+1 sen to RM2.97) and HLBANK (+4 sen to RM13.26). Lagging Movers were RHBBANK (-15 sen to RM4.94), SKPETRO (-3 sen to RM1.40), CIMB (-9 sen to RM4.41), WPRTS (-7 sen to RM4.45) and MISC (-9 sen to RM7.41). Market breadth was negative with 277 gainers as compared to 491 losers.
The KLCI erased yesterday’s gains and closed lower at 1660.23 points amid overnight mixed performance in Wall Street. Investors were taking profit while trading sentiment turned cautious after the decline in crude oil prices.
Date As of: 02 August 2016
Description Volume Value Frequency
ETF 20,300 15,812,000 13
Stock 7,532,962,173 10,756,613,563,140 322,084
Warrant 18,647,400 1,196,374,400 1,328
Total 7,551,629,873 10,757,825,749,540 323,425
As of 2 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,750.14 6,983.70 -2,233.56
Proprietary 6,595.53 6,308.20 287.34
Foreign 13,599.95 13,527.37 72.58
Individual 32,297.49 30,423.84 1,873.65
Total Trading Value 57,243.11 M.Baht
SE Asia Stocks-Vietnam, Philippines fall as corporate earnings disappoint
Most Southeast Asian stock markets fell on Tuesday with Vietnam hitting a one-month low, after a few companies reported poor earnings this season, hurting market
The Vietnam index .VNI closed 1.9 percent lower, dragged down by financial stocks with Vinamilk VNM.HM , the country's top-listed firm by market value, slipping 1.9 percent.
Military Commercial Joint Stock Bank MBB.HM shed 0.67 percent after posting a fall in second-quarter profit.
Vietcombank, VCB.HM , the country's top lender by market value fell 2.8 percent, and is planning to issue up to 8 trillion dong ($358.7 million) worth of bonds in 2016, the
Vietnam Plus web site reported.
"Bank results were quite scary," said Farhan Rizvi of Credit Suisse (Singapore) Ltd. "Things are not looking good for them
with operating profits dropping and provisions rising. In case of stocks such as Vinamilk, investors were focused on profit-taking," he added.
The Vietnam government forecast a weak economic outlook on Friday which continued to hurt sentiment.
Singapore shares .STI finished 1.2 percent down as their major constituent - financial stocks - lost ground, with the biggest lender DBS Group DBSM.SI being among the top losers on
Philippine shares .PSI lost 0.4 percent, after blue-chip company Philippine Long Distance Telephone Co TEL.PS reported a 33 percent drop in quarterly profit. urn:newsml:reuters.com:*:nL3N1AJ24M
Thai shares .SETI also edged down. The Thai central bank is expected to leave its policy rate unchanged, when the policy committee meets on Wednesday, according to a Reuters poll.
Asian shares tracked the falls on Wall Street and edged lower, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipping 0.4 percent.
"Markets will be moving sideways because of the start of the 'ghost month' tomorrow," said Mikey Macanaig of Sunsecurities Inc.
Some analysts said the 'ghost month' in China has stalled momentum in the markets due to a popular belief that Chinese investors should not spend or even trade much during this month.
Market Current previous close Pct Move
Singapore 2856.67 2892.52 -1.24
Bangkok 1497.51 1512.62 -1.00
Manila 8037.78 8069.81 -0.40
Jakarta 5373.323 5361.576 0.22
Kuala Lumpur 1660.23 1665.23 -0.30
Ho Chi Minh 636.05 648.38 -1.90