ASEAN KEY DESTINATIONS
03 August 2016
The Straits Times Index (STI) ended 31.57 points or 1.11% lower to 2825.1, taking the year-to-date performance to -2.00%.
The top active stocks today were UOB, which declined 0.83%, Singtel, which gained 0.25%, DBS, which declined 0.40%, OCBC Bank, which declined 2.79% and Noble, with a 0.75% fall.
The FTSE ST Mid Cap Index declined 0.37%, while the FTSE ST Small Cap Index rose 0.14%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 0.10%. The two biggest stocks of the Index - Singtel and StarHub – ended 0.25% higher and 1.52% lower respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 2.63%. Silverlake Axis shares declined 1.74% and CSE Global declined 1.09%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.45%)
STI ETF (-0.35%)
DBXT FT China 25 ETF (-0.71%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.60%)
CapitaLand Mall Trust (-1.85%)
Mapletree Com Trust (+0.66%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (-8.89%)
DBS MB ePW161201 (-0.73%)
UOB MB eCW161031 (-7.14%)
Singapore Stock Market
*ST Index 2,827.58 -29.09 2,856.67 -35.85
Volume: 1,245.2M 1,308.3M
Value: $1,296.1M $1,039M
Gainers/Losers: 168/210 128/308
Daily Market Commentary (Securities)
3 August 2016
The FBM KLCI index lost 11.73 points or 0.71% on Wednesday. The Finance Index fell 1.16% to 14070.82 points, the Properties Index up 0.46% to 1160.38 points and the Plantation Index down 0.11% to 7578.44 points. The market traded within a range of 11.10 points between an intra-day high of 1659.55 and a low of 1648.45 during the session.
Actively traded stocks include DNEX-WD, THHEAVY, PDZ, POS-CV, HUBLINE, MBSB, SANICHI-WD, VIVOCOM, AEM and TRIVE. Trading volume increased to 2092.45 mil shares worth RM1603.34 mil as compared to Tuesday’s 1917.48 mil shares worth RM1842.22 mil.
Leading Movers were MISC (+9 sen to RM7.50), WPRTS (+5 sen to RM4.50), MAXIS (+3 sen to RM6.09), PETDAG (+6 sen to RM23.34) and DIGI (+1 sen to RM4.96). Lagging Movers were RHBBANK (-14 sen to RM4.80), BAT (-106 sen to RM49.50), AMMB (-9 sen to RM4.33), YTL (-3 sen to RM1.65) and MAYBANK (-12 sen to RM7.86). Market breadth was negative with 398 gainers as compared to 416 losers.
The KLCI extended its losing streak after closing lower at 1648.50 points amid overnight losses in US market. The performance of our local bourse was bogged down by selling interest in heavy weights counters like RHBBank, BAT and Ambank.
Date As of: 03 August 2016
Description Volume Value Frequency
ETF 54,600 33,460,000 11
Stock 7,911,773,888 8,840,633,568,347 316,251
Warrant 26,359,135 897,514,200 891
Total 7,938,187,623 8,841,564,542,547 317,153
As of 3 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,863.77 6,045.68 -181.91
Proprietary 6,024.67 6,163.28 -138.61
Foreign 11,931.67 13,080.89 -1,149.22
Individual 28,817.41 27,347.67 1,469.74
Total Trading Value 52,637.53 M.Baht
SE Asia Stocks-Slide on fears over BOJ bond-buying programme
Most Southeast Asian stock markets fell on Wednesday, in line with Asian peers as fears that the Bank of Japan may retreat from its massive bond-buying campaign spooked debt markets and investors globally.
While Japanese bonds steadied on Wednesday they have still suffered the worst sell-off in over three years as investors
feared the BOJ was out of easing ammunition and might leave it to fiscal policy to stimulate the economy.
Tokyo on Tuesday approved 13.5 trillion yen ($132 billion) in fiscal measures, and the IMF urged Japan to mix fiscal stimulus with further central bank easing measures that could include rate cuts and more asset purchases.
"Prime Minister Shinzo Abe's stimulus details did not give rise to much optimism, which in turn, has been inferred as a
cue, whereby Bank of Japan may not step up bond buying," said Vishnu Varathan, senior economist at Mizuho Bank in Singapore.
The Philippines .PSI lost 1.8 percent to a more than three-week low, dragged down by industrial and financial stocks.
Infrastructure group Aboitiz Equity Ventures AEV.PS led the losers, sliding 6.08 percent.
Philippine July inflation is seen at a 15-month high as the consumer price index is expected to have risen 2.1 percent in
July from last year due to higher food prices, according to a Reuters poll. u
Singapore stocks .STI slipped 1.02 percent to post their biggest loss since June 29, pulled down by oil and financial
Oversea-Chinese Banking Corp Ltd OCBC.SI was down 2.8 percent, while Sembcorp Marine Ltd SCMN.SI fell 1.9 percent.
The market is worried about the pressure on cash flows of oil companies in the backdrop of the continuous decline in oil
prices, added Varathan.
Indonesia .JKSE ended down 0.4 percent after hitting a more than one-year high in the previous session.
Vietnam .VNI fell to its lowest in five weeks.
Bucking the trend, Thai shares .SETI edged up 0.7 percent, with healthcare and financial stocks being the best performers on the index.
The Thai central bank kept its one-day repurchase rate unchanged at 1.50 percent and said the current monetary policy
still supports the country's economic recovery.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2827.58 2856.67 -1.02
Bangkok 1507.47 1497.51 0.67
Manila 7888.44 8037.78 -1.86
Jakarta 5351.878 5373.323 -0.40
Kuala Lumpur 1648.5 1660.23 -0.71
Ho Chi Minh 631.61 636.05 -0.70