ASEAN KEY DESTINATIONS
19 December 2017
The Straits Times Index (STI) ended 10.35 points or 0.3% lower to 3404.47, taking the year-to-date performance to +18.18%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which declined 0.82%, DBS, which declined 0.08%, OCBC Bank, which declined 0.73%, UOB, which closed unchanged and Rowsley, with a 4.41% fall.
The FTSE ST Mid Cap Index gained 0.29%, while the FTSE ST Small Cap Index declined 0.41%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.44%)
SPDR Gold Shares (+0.56%)
STI ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
Suntec REIT (+1.86%)
Ascendas REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180416 (-5.33%)
UOB MB eCW180412 (+1.12%)
DBS MB eCW180412 (+3.38%)
Singapore Stock Market
*ST Index 3,404.47 -10.35 3,414.82 -2.12
Volume: 1,622.5M 1,523.3M
Value: $978.4M $1,028.9M
Gainers/Losers: 173/224 224/198
Daily Market Commentary (Securities)
19 December 2017
The FBM KLCI index lost 14.69 points or 0.84% on Tuesday. The Finance Index fell 0.43% to 16476.34 points, the Properties Index dropped 1.50% to 1191.12 points and the Plantation Index down 0.40% to 7790.12 points. The market traded within a range of 11.46 points between an intra-day high of 1744.39 and a low of 1732.93 during the session.
Actively traded stocks include DGSB, NETX, PUC, SAPNRG, PUC-WB, HUAAN, TRIVE, NOVAMSC, ATTA-PA and PERDANA. Trading volume increased to 3179.53 mil shares worth RM2908.39 mil as compared to Monday’s 2402.39 mil shares worth RM2165.35 mil.
Leading Movers were IHH (+6 sen to RM5.91), pmah (+3 sen to RM5.05), PETCHEM (+4 sen to RM7.49), HLFG (+8 sen to RM17.28) and AMMB (+2 sen to RM4.35). Lagging Movers were TENAGA (-4 sen to RM14.90), SIME (-6 sen to RM2.05), GENTING (-25 sen to RM8.83), GENM (-14 sen to RM5.39) and ASTRO (-3 sen to RM2.54). Market breadth was negative with 319 gainers as compared to 576 losers.
The KLCI tumbled to 1736.95 points despite overnight gains in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as Tenaga, Sime Darby and Genting.
Date As of: 19 December 2017
Description Volume Value Frequency
ETF 445,400 123,828,000 29
Stock 16,397,299,835 9,927,761,408,634 304,692
Right 1,064,201,684 13,136,792,977 1,478
Warrant 121,472,384 27,069,912,260 7,374
Total 17,583,419,303 9,968,091,941,871 313,573
As of 19 December 2017 Unit: M.Baht
Type Buy Sell Net
Institution 8,980.04 5,101.08 3,878.96
Proprietary 10,780.66 7,366.56 3,414.10
Foreign 19,851.83 22,602.26 -2,750.44
Individual 26,185.96 30,728.59 -4,542.62
Total Trading Value 65,798.49 M.Baht
SE Asia Stocks-Indonesia hits record closing high; Thai marks near 24-yr top
Indonesian shares .JKSE hit a record closing high on Tuesday, led by financials and consumer goods
stocks, while Thailand .SETI extended gains for a fifth straight session to touch a near 24-year closing high.
The Indonesian index .JKSE ended higher for a sixth consecutive session, with Unilever Indonesia UNVR.JK rising 2.1 percent and Bank Negara Indonesia BBNI.JK up 2.4 percent.
An index of the country's 45 most liquid stocks rose 0.6 percent
"As long as the (U.S.) tax reform bill is passed and there are no hurdles related to the passing of the bill, the
(Indonesian) market will still grind higher because we do not see any imminent threat to derail the global economic growth," said Taye Shim, head of research at Mirae Asset Sekuritas in Jakarta.
Asian stocks advanced on Tuesday after a record-setting session on Wall Street as a U.S. tax bill moved closer to
passage, with Republican Senator Susan Collins saying on Monday she would vote for the tax overhaul.
The bill would cut U.S. corporate tax rates to 21 percent from 35 percent, which investors are betting will boost profits as well as trigger share buybacks and higher dividend payouts.
Elsewhere in Southeast Asia, Thai shares .SETI ended 0.5 percent higher, on gains in Bank of Ayudhya BAY.BK and Airports of Thailand AOT.BK , while Philippines .PSI closed down 0.7 percent following Monday's 1 percent gain.
Industrial and telecom stocks fell as investors booked profits, with JG Summit Holdings Inc JGS.PS down 4.8 percent and PLDT Inc TEL.PS 5.8 percent lower.
Foreign investors net sold equities worth 186.9 million pesos ($3.71 million).
In Malaysia, shares .KLSE extended losses for a third straight session, dragged down by financial stocks.
Public Bank PUBM.KL dropped 1 percent, while CIMB Group Holdings CIMB.KL lost 0.6 percent.
"There is concern that with the rate hike in the United States, cheap funds might flow out of the country," said Redza
Rahman, head of research at Malaysian Industrial Development Finance.
The U.S. Federal Reserve raised interest rates last week, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3404.47 3414.82 -0.30
Bangkok 1732.31 1723.71 0.50
Manila 8365.96 8422.82 -0.68
Jakarta 6167.666 6133.963 0.55
Kuala Lumpur 1736.95 1751.64 -0.84
Ho Chi Minh 951.42 958.06 -0.69