ASEAN KEY DESTINATIONS
31 August 2017
The Straits Times Index (STI) ended 12 points or 0.37% higher to 3277.26, taking the year-to-date performance to +13.76%. For longer term observations please go to sgx.com/research.
The top active stocks today were YZJ Shipbldg SGD, which declined 8.00%, Singtel, which declined 0.27%, DBS, which declined 0.19%, UOB, which gained 0.97% and OCBC Bank, with a 0.90% advance.
The FTSE ST Mid Cap Index declined 0.19%, while the FTSE ST Small Cap Index declined 0.14%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.12%)
SPDR Gold Shares (-0.23%)
DBXT FT China 25 ETF (-1.08%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.76%)
CapitaLand Mall Trust (+1.88%)
CapitaLand Commercial Trust (+1.46%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180115 (+5.00%)
UOB MB eCW171016 (+22.22%)
DBS MB eCW171101 (+2.37%)
Singapore Stock Market
*ST Index 3,277.26 +12 3,265.26 +15.92
Volume: 2,187.4M 1,936.7M
Value: $1,518.7M $1,024.3M
Gainers/Losers: 217/181 242/186
Date As of: 31 August 2017
Description Volume Value Frequency
ETF 1,248,800 128,240,400 29
Stock 10,562,418,232 6,643,108,755,835 321,274
Right 7,724 30,688,600 15
Warrant 28,927,600 1,880,602,300 1,891
Total 10,592,602,356 6,645,148,287,135 323,209
SET to list "Triple i Logistics" on September 1 BANGKOK, August 31, 2017 - The Stock Exchange of Thailand (SET) will list Triple
i Logistics pcl, an integrated logistics service provider, on September 1, under the ticker symbol "III". The company has a market capitalization at its
initial public offering (IPO) of THB 2.9 billion (approx. USD 85.3 million).
SET Senior Executive Vice President Santi Kiranand said that III would list on SET in the Services industry, Transportation & Logistics sector. III, a leading
one-stop logistics service provider with more than 25 years of experiences and professional staff, provides four categories of services, which are air freight;
sea freight and inland transport; logistics management; and chemical & specialty logistics services, serving both domestic and international customers.
III has a paid-up registered capital of THB 302.25 million, consisting of 440 million existing common shares and 164.5 million newly issued shares, with a par
value of THB 0.50 each. It offered 160 million newly issued shares to general public during August 23-25, and 4.5 million newly issued shares to employees, at
THB 4.80 each, for a total of THB 789.60 million. CIMB Thai Bank pcl is the financial advisor, while CIMB Securities (Thailand) Co. Ltd. is its underwriter.
III Chief Executive Officer Tipp Dalal said that the company foresees opportunities for our business growth, based on many positive factors especially
the government's stimulus for small and medium-sized enterprises (SMEs) including the megaproject investment plan, which will lead to the growth of many
industries, as well as the economic growth in ASEAN. We plan to invest in various projects such as Donmueng airport cargo terminal project; warehouse and
domestic container transport services expansion; logistics and inventory management to cater to the growth of e-commerce; and warehouse and truck fleet
expansion for specialty products, among others. The fund raised would be used to finance the business expansion projects, strengthen III's business and generate
substantial returns for all shareholders.
III's three major shareholders after the IPO are Tipp Dalal (23.39 percent), Viraj Nobnomtham (17.86 percent) and Teeranit Isarangkul Na Ayudhaya (10.04
percent). The IPO price was set by a book building process, equivalent to price-to-earnings ratio (P/E ratio) of 22.66 times calculated by using the
company's net profit in the past four quarters divided by fully diluted shares, representing earnings per share of THB 0.21. III's dividend policy is to pay no
less than 40 percent of net profit after reserves under the condition that such dividend payment is related to the investment plan, other necessities and
suitabilities in the future.
SET hosts WFE General Assembly & Annual Meeting during Sept 6-8
BANGKOK, August 31, 2017- The Stock Exchange of Thailand (SET) will host The World Federation of Exchanges (WFE)'s 57th General Assembly & Annual Meeting
from September 6-8, 2017, in Bangkok, Thailand, under the theme "Social Value of Exchanges". This year, the annual meeting will convene more than 300 delegates
from exchanges, CCPs and capital market organizations worldwide.
For WFE release link, please visit
As of 31 August 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,146.42 6,954.49 -1,808.08
Proprietary 6,006.46 4,902.05 1,104.41
Foreign 20,229.39 18,371.75 1,857.64
Individual 21,679.86 22,833.84 -1,153.98
Total Trading Value 53,062.13 M.Baht
SE Asia Stocks-Upbeat China, U.S. data aid sentiment
Southeast Asian stock markets, except Indonesia, edged up on Thursday, as a surprise increase in
Chinese factory output and upwardly revised U.S. economic growth provided some cheer, although concerns over North Korea
Growth in China's manufacturing sector unexpectedly accelerated in August, defying expectations that the world's
second-largest economy will start to cool as borrowing costs rise and regulators clamp down on riskier lending.
The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two
years, while private-sector employment logged its biggest monthly increase in five months, driving expectations that
non-farm payrolls numbers for August, due at 1300 GMT, would be solid.
Tensions between the United States and North Korea simmered in the background after U.S. President Donald Trump dismissed
any diplomatic negotiations via a tweet, a day after the reclusive state fired a ballistic missile that flew over Japan.
In Southeast Asia, the Singapore index .STI closed at its highest in more than two weeks, supported by financial shares.
Index heavyweight United Overseas Bank UOBH.SI climbed 1.5 percent, while Oversea-Chinese Banking Corporation OCBC.SI
ended the day 1.7 percent higher.
For the month, Singapore shares fell 1.4 percent, snapping seven straight monthly gains to log its worst month in nine.
Vietnam .VNI finished 0.5 percent higher, helped by financials, with Joint Stock Commercial Bank for Investment and
Development of Vietnam BID.HM the biggest index gainer.
The index fell 0.1 percent on month, snapping three straight months of gains.
Indonesia .JKSE dropped slightly, closing lower for a fourth straight session, but posted a monthly gain of 0.3
percent, extending gains to a seventh straight month.
Private hospital operator Mitra Keluarga Karyasehat Tbk MIKA.JK fell more than 8 percent, dragging down the index.
"Indonesia is closed tomorrow; there are some data points that will be released tomorrow such as the labour report in the
United States, so I think there is little bit of caution ahead of that," said Taye Shim, head of research at Jakarta-based
Mirae Asset Sekuritas.
Thailand .SETI closed up 0.2 percent on broad-based gains.
Malaysia .KLSE was closed for a national holiday.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current previous close Pct Move
Singapore 3277.26 3265.26 0.37
Bangkok 1616.16 1613.34 0.17
Manila 7958.57 7956.73 0.02
Jakarta 5864.059 5872.506 -0.14
Ho Chi Minh 782.76 778.65 0.53