ASEAN KEY DESTINATIONS
08 August 2016
The Straits Times Index (STI) ended 42.61 points or 1.51% higher to 2870.78, taking the year-to-date performance to -0.41%.
The top active stocks today were Singtel, which gained 3.19%, DBS, which gained 1.42%, UOB, which gained 0.73%, OCBC Bank, which gained 2.17% and ComfortDelGro, with a 2.87% advance.
The FTSE ST Mid Cap Index gained 0.02%, while the FTSE ST Small Cap Index rose 0.06%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 2.80%. The two biggest stocks of the Index - Singtel and StarHub – ended 3.19% higher and 1.27% lower respectively.
The underperforming sector was the FTSE ST Health Care Index, which slipped 1.17%. Raffles Medical Group shares declined 1.30% and Riverstone Holdings declined 1.12%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Indonesia ETF (+1.83%)
SPDR Gold Shares (-2.27%)
IS MSCI India (+1.79%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+2.80%)
Ascendas REIT (-0.81%)
CapitaLand Commercial Trust (+1.96%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB ePW161201 (-8.22%)
UOB MB eCW161031 (+6.00%)
UOB MB ePW161201 (-5.00%)
Singapore Stock Market
*ST Index 2,870.78 +42.61 2,828.17 -3.79
Volume: 937.6M 1,204.4M
Value: $1,036.7M $1,151.2M
Gainers/Losers: 226/186 208/172
Daily Market Commentary (Securities)
9 August 2016
The FBM KLCI index lost 0.97 points or 0.06% on Tuesday. The Finance Index fell 0.08% to 14335.47 points, the Properties Index up 0.32% to 1174.74 points and the Plantation Index down 0.30% to 7651.22 points. The market traded within a range of 6.74 points between an intra-day high of 1674.49 and a low of 1667.75 during the session.
Actively traded stocks include MBSB, SKPETROC26, THHEAVY, JTIASA-CI, POS-CV, XDL, DRBHCOMC21, PDZ, SIME-C3 and HIAPTEK. Trading volume decreased to 2098.16 mil shares worth RM1833.11 mil as compared to Monday’s 2626.65 mil shares worth RM1851.63 mil.
Leading Movers were SIME (+13 sen to RM7.83), YTL (+2 sen to RM1.69), PETGAS (+16 sen to RM22.16), SKPETRO (+1 sen to RM1.43) and KLCC (+4 sen to RM7.70). Lagging Movers were BAT (-170 sen to RM50.26), PPB (-28 sen to RM16.10), ASTRO (-5 sen to RM2.92), AXIATA (-4 sen to RM5.66) and IHH (-4 sen to RM6.55). Market breadth was positive with 405 gainers as compared to 360 losers.
The day ended with the KLCI closing lower at 1671.71 points amid overnight losses in Wall Street. Investors were taking profit amid absence of fresh positive leads.
Date As of: 09 August 2016
Description Volume Value Frequency
ETF 478,600 308,932,700 39
Stock 8,867,695,045 8,779,644,677,560 328,025
Warrant 33,246,400 957,573,300 1,228
Total 8,901,420,045 8,780,911,183,560 329,292
As of 9 August 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,333.43 8,097.41 -1,763.98
Proprietary 8,162.82 9,117.75 -954.93
Foreign 19,941.45 14,651.00 5,290.45
Individual 35,394.56 37,966.10 -2,571.54
Total Trading Value 69,832.25 M.Baht
SE Asia Stocks-Higher as soft Chinese inflation data spurs hopes of stimulus
Most Southeast Asian stocks closed higher on Tuesday, as China's consumer inflation eased in July, with sentiment across the region up on hopes of further policy easing if needed in the world's second largest economy.
China's consumer price index rose 1.8 percent in July from a year earlier, in line with analysts' expectations, compared with
a 1.9 percent increase in June and matching this year's low hit in January.
Low inflation means Beijing has room to loosen monetary policy if needed, but policymakers appear to have disparate views over how much stimulus is needed to stoke economic growth, if any, and what form it should take.
"The lower Chinese inflation data gives investors something to look forward to in terms of further policy easing," said Victor Felix of AB Capital Securities Inc in Manila.
Singapore shares .STI finished up 1.5 percent after rising as much as 2 percent earlier in the day, the biggest intraday percentage gain since June 30.
Bluechips such as Jardine Cycle and Carriage Ltd JCYC.SI and Singapore Telecommunications STEL.SI led the gainers.
The Philippine index .PSI ended 0.8 percent higher, as investors welcomed a bunch of positive corporate earnings.
Ayala Land ALI.PS , one of the top gainers on the index, rose more than 2 percent after reporting strong half-yearly
"I think here in Philippines, the movement is more focussed on the corporate earnings this week," said Grace Aller of AP
Securities in Manila.
Thai shares closed up 0.4 percent, extending a rally into a fifth straight session and hitting a 15-month closing high.
Energy and telecom stocks led the gainers. Thai Oil PCL TOP.BK rose 4 percent, after booking a higher quarterly profit
Vietnam shares .VNI closed more than 1 pct higher, helped by a rally in the energy sector. Petrovietnam Gas Joint Stock
Corp GAS.HM was up 1.7 pct.
Indonesia .JKSE closed marginally lower, while Malaysia .KLSE was little changed.
Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 0.1 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 2870.78 2828.17 1.51
Bangkok 1548.21 1542.26 0.39
Manila 8055.06 7993.58 0.77
Jakarta 5440.293 5458.979 -0.34
Kuala Lumpur 1671.71 1672.68 -0.06
Ho Chi Minh 572.74 572.27 1.25
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.