ASEAN KEY DESTINATIONS
05 August 2016
The Straits Times Index (STI) ended 0.55 points or 0.02% lower to 2831.41, taking the year-to-date performance to -1.78%.
The top active stocks today were DBS, which declined 1.40%, Singtel, which declined 0.25%, UOB, which declined 0.17%, Noble, which gained 6.21% and OCBC Bank, which closed unchanged.
The FTSE ST Mid Cap Index gained 0.35%, while the FTSE ST Small Cap Index declined 0.03%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 1.54%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 2.78% lower and 1.86% higher respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 1.44%. Keppel Corp shares declined 1.33% and Sembcorp Industries declined 1.84%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
DBXT MSCI Thailand TRN ETF (+0.92%)
DBXT FT China 25 ETF (+1.06%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.98%)
Mapletree Com Trust (+0.33%)
CapitaLand Commercial Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB ePW161201 (+8.15%)
DBS MB eCW161031 (-15.00%)
UOB MB eCW161031 (-5.66%)
Singapore Stock Market
*ST Index 2,828.17 -3.79 2,831.96 +4.38
Volume: 1,204.4M 1,307.1M
Value: $1,151.2M $1,045.6M
Gainers/Losers: 208/172 219/175
Daily Market Commentary (Securities)
5 August 2016
The FBM KLCI index gained 8.75 points or 0.53% on Friday. The Finance Index increased 0.62% to 14267.76 points, the Properties Index up 0.50% to 1172.02 points and the Plantation Index rose 1.81% to 7696.71 points. The market traded within a range of 10.61 points between an intra-day high of 1664.04 and a low of 1653.43 during the session.
Actively traded stocks include MBSB, DNEX-WD, THHEAVY, DRBHCOMC20, DGSB, M3TECH, VIVOCOM, SANICHI-WD, DRBHCOMC21 and VIVOCOM-WB. Trading volume increased to 2171.81 mil shares worth RM1950.04 mil as compared to Thursday’s 2054.66 mil shares worth RM1528.88 mil.
Leading Movers were RHBBANK (+4 sen to RM5.00), HLFG (+6 sen to RM15.20), KLCC (+10 sen to RM7.75), AMMB (+2 sen to RM4.42) and BAT (+0 sen to RM50.20). Lagging Movers were ASTRO (-2 sen to RM2.97), IHH (-4 sen to RM6.53), HLBANK (-2 sen to RM13.04), WPRTS (-8 sen to RM4.40) and PETGAS (-2 sen to RM21.98). Market breadth was positive with 444 gainers as compared to 332 losers.
The KLCI extended its mid-day gains by ending higher at 1664.04 points despite overnight mixed performance in US market. Market breadth was positive buoyed by bargain hunting.
Date As of: 05 August 2016
Description Volume Value Frequency
ETF 153,500 54,879,700 12
Stock 7,249,494,995 9,870,658,194,873 300,484
Warrant 20,362,362 519,480,528 1,049
Total 7,270,010,857 9,871,232,555,101 301,545
As of 5 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 7,026.45 5,149.88 1,876.58
Proprietary 5,329.62 5,442.93 -113.31
Foreign 12,366.02 11,381.75 984.27
Individual 25,663.58 28,411.11 -2,747.53
Total Trading Value 50,385.67 M.Baht
SE Asia Stocks-Buoyed by BoE stimulus; Jakarta hits 15-month high
Southeast Asian stock markets inched up on Friday, in line with Asian peers, after the Bank of England cut interest rates on Thursday, and announced billions of pounds of stimulus to soften the economic shock from the Brexit vote.
Acting on its chief economist's wish to use "a sledgehammer to crack a nut", the BoE reduced interest rates by 25 basis
points to a record-low 0.25 percent.
BoE's first cut since 2009 was accompanied by a pledge to buy 60 billion pounds ($79 billion) of government bonds with
newly created money over the next six months, and two new stimulus schemes.
"I do not think we will hit any new highs. Rallies (in Southeast Asian markets) are not big. Most of the rate cut was really priced in. I think if they did not cut the rates, it would be down much, much more," said Joseph Roxas, an analyst with Manila-based Eagle Equities.
An overnight rally in crude oil prices also sharpened risk appetite, while sterling nursed deep losses after sliding on news of the BoE stimulus plan.
The Jakarta Composite Index .JKSE rose 0.86 percent to its highest since April 24, 2015, as data showed Indonesia's annual
economic growth accelerated more than expected to 5.18 percent in the second quarter.
In April-June, Indonesia went on to post its strongest growth in 10 quarters, prompting some economists to predict that
the country will outperform most Southeast Asian nations this year.
Thai shares .SETI closed up to mark their third straight session of gains, aided by financial and telecom stocks.
Advanced Info Service ADVANC.BK , Thailand's largest mobile phone operator, on Thursday forecast 2016 revenue would be
slightly better than in 2015, saying service revenue growth in the second half was expected to improve from the first half.
Malaysia .KLSE extended gains to close higher, driven by gains in financial and consumer stocks.
Malaysia's exports rose unexpectedly in June, driven by higher demand for manufactured goods from the United States,
which offset the hit to the oil-producing country's commodities shipments.
Vietnam .VNI closed lower, dragged down by financial stocks, which accounted for more than three-fourths of the
losses on the index.
Vingroup VIC.HM , Vietnam's top property firm, dipped 5.9 percent. Earlier in the session, it hit its lowest since April 11.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 2828.17 2831.96 -0.13
Bangkok 1518.69 1507.93 0.71
Manila 7970.35 7978.57 -0.10
Jakarta 5420.246 5373.863 0.86
Kuala Lumpur 1664.04 1655.29 0.53
Ho Chi Minh 627.39 631.94 -0.72