ASEAN KEY DESTINATIONS
21 December 2016
The Straits Times Index (STI) ended 9.61 points or 0.33% lower to 2901.7, taking the year-to-date performance to +0.66%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which declined 0.82%, DBS, which gained 0.40%, OCBC Bank, which declined 0.22%, UOB, which declined 0.77% and Ascendas REIT, with a 0.87% fall.
The FTSE ST Mid Cap Index declined 0.32%, while the FTSE ST Small Cap Index declined 0.20%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.05%)
STI ETF (+0.34%)
DBXT MSCI Russia Cap 25 ETF (+1.65%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.87%)
CapitaLand Mall Trust (-1.56%)
Keppel REIT (-0.49%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170710 (+14.46%)
UOB MB eCW171101 (-4.92%)
OCBC Bk MB eCW171002 (+1.92%)
Singapore Stock Market
*ST Index 2,901.7 -9.61 2,911.31 -1.77
Volume: 1,366.6M 1,620.8M
Value: $789.4M $976.5M
Gainers/Losers: 168/219 175/270
Daily Market Commentary (Securities)
21 December 2016
The FBM KLCI index lost 4.93 points or 0.30% on Wednesday. The Finance Index fell 0.37% to 14268.24 points, the Properties Index dropped 0.01% to 1124.6 points and the Plantation Index down 0.14% to 7711.79 points. The market traded within a range of 9.90 points between an intra-day high of 1639.49 and a low of 1629.59 during the session.
Actively traded stocks include HIBISCS, BORNOIL, SKPETRO, KNM, AAX, HSI-C62, ASIABIO, RGB, BORNOIL-WC and MELEWAR. Trading volume decreased to 1157.75 mil shares worth RM1561.58 mil as compared to Tuesday’s 1287.08 mil shares worth RM1411.62 mil.
Leading Movers were GENTING (+11 sen to RM7.92), MISC (+6 sen to RM7.40), HLFG (+10 sen to RM14.90), PETCHEM (+4 sen to RM6.92) and TENAGA (+4 sen to RM13.76). Lagging Movers were BAT (-74 sen to RM43.18), ASTRO (-1 sen to RM2.67), RHBBANK (-7 sen to RM4.70), AXIATA (-6 sen to RM4.52) and CIMB (-6 sen to RM4.54). Market breadth was negative with 353 gainers as compared to 369 losers.
The KLCI extended its mid-day losses by ending lower at 1629.59 points despite overnight gains in US market with record high Dow Jones. The performance of our local bourse was bogged down by selling in heavy weight counters like BAT, RHB Bank and Astro.
Date As of: 21 December 2016
Description Volume Value Frequency
ETF 17,600 12,880,300 12
Stock 11,517,770,785 6,918,324,646,759 243,739
Warrant 160,369,930 25,211,295,480 2,325
Total 11,678,158,315 6,943,548,822,539 246,076
As of 21 December 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,879.80 3,781.48 98.32
Proprietary 3,404.15 2,977.12 427.02
Foreign 7,720.48 10,326.54 -2,606.07
Individual 19,605.55 17,524.83 2,080.72
Total Trading Value 34,609.97 M.Baht
SE Asia Stocks-Indonesia hits near 4-wk closing low, Thai falls for 3rd day
Indonesian shares hit a near 4-week closing low on Wednesday, falling for a seventh straight session
as investors stayed on the sidelines due to a lack of positive triggers, while Thai shares lost ground for a third day.
The Jakarta Composite Index .JKSE closed nearly 1 percent lower, dragged down by consumer staples and financial stocks.
Shares of tobacco companies Hanjaya Mandala Sampoerna Tbk PT HMSP.JK and Gudang Garam Tbk PT GGRM.JK were down 4.8
percent and 1.6 percent, respectively.
"I think lack of positive catalysts inside and out is what is keeping the investors sidelined," said Taye Shim, head of
research at Daewoo Securities Indonesia. "They are still anticipating that the Fed's (U.S. Federal Reserve) rate hike
will trigger higher value of the U.S. dollar, going forward."
The dollar eased back on Wednesday from the 14-year high reached the previous day, taking a breather in a run that has
seen it chalk up its entire gains for the year since the Nov. 8 U.S. presidential election.
Thai shares .SETI hit a near 3-week closing low, dragged down by industrials and consumer stocks.
Thailand's central bank kept its benchmark interest rate unchanged as widely expected and maintained its growth estimate
for this year and 2017.
"That is what we pretty much expected them to do," said Thapana Panich, an analyst with Deutsche TISCO Investment
Advisory. "They can't afford to raise rates at this point as the economy is heavily relying on government stimulus."
Policymakers are counting on government spending to keep Thailand's economic engines humming as it confronts rising
global trade protectionism and emerging market capital outflows in the wake of rising U.S. interest rates.
Malyasian stocks .KLSE were down 0.3 percent, dragged lower by telecom and financial shares.
The country's inflation rate in November rose to its highest in six months, government data showed.
Singapore shares .STI closed at their lowest in three weeks as financial and consumer stocks lost ground.
Golden Agri-Resources Ltd GAGR.SI ended 3.4 percent lower, the worst performer on the index.
Bucking the trend, the Philippine index .PSI closed 0.4 percent higher, snapping a four-day losing streak, while Vietnam
.VNI was up 0.6 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2901.70 2911.31 -0.33
Bangkok 1508.57 1511.65 -0.20
Manila 6686.36 6658.66 0.42
Jakarta 5111.392 5162.477 -0.99
Kuala Lumpur 1629.59 1634.52 -0.30
Ho Chi Minh 666.94 662.66 0.65