ASEAN KEY DESTINATIONS
1 December 2016
The Straits Times Index (STI) ended 23.41 points or 0.81% higher to 2928.58, taking the year-to-date performance to +1.59%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 1.77%, Keppel Corp, which gained 8.07%, UOB, which gained 1.23%, Noble, which gained 2.52% and SATS, with a 1.87% fall.
The FTSE ST Mid Cap Index gained 0.01%, while the FTSE ST Small Cap Index rose 0.60%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.15%)
STI ETF (+0.34%)
SPDR Gold Shares (-1.73%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (-1.03%)
CapitaLand Commercial Trust (+0.33%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170703 (unchanged)
UOB MB eCW170703 (unchanged)
KepCorp MBeCW170306 (+87.10%)
Singapore Stock Market
*ST Index 2,922.34 -6.24 2,928.58 +23.41
Volume: 897.3M 2,307.4M
Value: $620.6M $1,672M
Gainers/Losers: 162/177 248/203
Daily Market Commentary (Securities)
01 December 2016
The FBM KLCI index gained 7.32 points or 0.45% on Thursday. The Finance Index increased 0.45% to 14259.74 points, the Properties Index up 0.53% to 1135.35 points and the Plantation Index rose 0.02% to 7678.22 points. The market traded within a range of 8.63 points between an intra-day high of 1628.62 and a low of 1619.99 during the session.
Actively traded stocks include HIBISCS, KNM, SUMATEC, HSI-C48, ARMADA, SKPETRO, WINTONI, DRBHCOMC21, APFT and WINTONI-WA. Trading volume decreased to 1529.09 mil shares worth RM1601.49 mil as compared to Wednesday’s 1883.88 mil shares worth RM3233.72 mil.
Leading Movers were SKPETRO (+6 sen to RM1.50), YTL (+5 sen to RM1.49), PPB (+36 sen to RM16.00), CIMB (+10 sen to RM4.67) and AMMB (+9 sen to RM4.27). Lagging Movers were IHH (-18 sen to RM6.42), RHBBANK (-8 sen to RM4.82), WPRTS (-7 sen to RM4.30), MAXIS (-7 sen to RM5.90) and PETGAS (-16 sen to RM20.82). Market breadth was positive with 493 gainers as compared to 307 losers.
The KLCI regained momentum and closed higher at 1626.44 points despite overnight mixed performance in US markets. The performance of our local bourse was mainly lifted by buying interest in heavy weights energy counters such as SapuraKencana Petroleum and YTL Corp following the rally in oil prices.
Date As of: Thursday, December 01, 2016
Description Volume Value Frequency
ETF 10,700 9,574,000 04
Stock 15,102,007,004 7,467,548,148,666 342,162
Warrant 2,633,600 136,248,600 97
Total 15,104,651,304 7,467,693,971,266 342,263
As of 1 December 2016 Unit: M.Baht
Type Buy Sell Net
Institution 8,909.90 6,503.65 2,406.26
Proprietary 6,343.74 6,059.41 284.33
Foreign 18,570.20 17,736.23 833.97
Individual 28,392.43 31,916.99 -3,524.55
Total Trading Value 62,216.27 M.Baht
SE Asia Stocks-Rise after OPEC cuts output
Southeast Asian stock markets rose on Thursday on upbeat sentiment after producer club OPEC and Russia
struck a deal to slash oil output, easing worries about a global supply glut.
The Organization of the Petroleum Exporting Countries (OPEC)agreed to its first output limiting deal in eight years
after Saudi Arabia dropped a demand that arch-rival Iran also slash output. Non-OPEC member Russia also gave consent, making the deal its first coordinated action with OPEC in 15 years.
After the OPEC announced the cut of 1.2 million barrels per day to its output, Brent crude futures LCOc1 shot up as much as 13 percent.
"This is one of those times where investor confidence is reinforced along with a recovery in fundamentals, thus making it a technical rebound and a fundamental recovery," said Taye Shim, an analyst with Daewoo Securities.
Despite the jump, Brent prices reached only September-October levels which are less than half their mid-2014
levels, when the global glut started.
"Markets will remain jittery as big events like the Italian constitutional referendum and the ECB meeting are yet to unfold this year, but for a very short term investor sentiment on risk assets is likely to improve."
Indonesian shares .JKSE closed almost 1 percent higher, posting their third straight session of gains.
Mining-related trade services provider Sumber Energi Andalan Tbk ITMA.JK surged 24.6 percent, followed by PT Jakarta Kyoei Steel Works Tbk JKSW.JK , which jumped 21.9 percent.
Indonesia's annual inflation rate in November accelerated to 3.58 percent, the highest in seven months.
Singapore shares .STI ended 0.8 percent firmer, hitting a four-month high, and posting their eighth straight session of
gains, the longest winning streak since December 2014.
Rig builders Keppel Corp KPLM.SI climbed 8.1 percent and Sembcorp Industries SCIL.SI soared 7 percent.
Philippine shares .PSI snapped two sessions of declines, ending 1.2 percent higher after rising as much as 2.4 percent.
Petroleum refiner Petron Corp PCOR.PS gained 5.9 percent while Metro Pacific Investments Corp MPI.PS rose 3.5 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Prev close Pct Move
Singapore 2928.58 2905.17 0.81
Bangkok 1512.38 1510.24 0.14
Manila 6864.87 6781.2 1.23
Jakarta 5198.755 5148.91 0.97
Kuala Lumpur 1626.44 1619.12 0.45
Ho Chi Minh 666.54 665.07 0.22