ASEAN KEY DESTINATIONS
23 December 2016
The Straits Times Index (STI) ended 10.99 points or 0.38% lower to 2871.05, taking the year-to-date performance to -0.41%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which closed unchanged, Singtel, which closed unchanged, Ying Li Intl, which gained 4.83%, Ascendas REIT, which declined 0.88% and UOB, with a 0.34% fall.
The FTSE ST Mid Cap Index declined 0.54%, while the FTSE ST Small Cap Index declined 0.18%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.06%)
STI ETF (-0.34%)
IS MSCI India (+0.15%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.88%)
CapitaLand Commercial Trust (-1.70%)
CapitaLand Mall Trust (-0.53%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170710 (-1.28%)
OCBC Bk MB eCW171002 (-1.05%)
KepCorp MBeCW170703 (-5.00%)
Singapore Stock Market
*ST Index 2,871.05 -10.99 2,882.04 -19.66
Volume: 1,458.9M 1,275.4M
Value: $593.1M $757.6M
Gainers/Losers: 174/216 141/276
Daily Market Commentary (Securities)
23 December 2016
The FBM KLCI index lost 6.05 points or 0.37% on Friday. The Finance Index fell 0.25% to 14160.85 points, the Properties Index dropped 0.56% to 1118.06 points and the Plantation Index down 0.65% to 7666.84 points. The market traded within a range of 7.39 points between an intra-day high of 1623.93 and a low of 1616.54 during the session.
Actively traded stocks include BORNOIL, HIBISCS, MQTECH, TRIVE, FGV-C16, BORNOIL-WC, ASIABIO, GADANG-WB, IRIS and HSI-C62. Trading volume decreased to 972.62 mil shares worth RM1104.51 mil as compared to Thursday’s 1054.45 mil shares worth RM1196.22 mil.
Leading Movers were CIMB (+1 sen to RM4.58), AXIATA (+0 sen to RM4.50), HAPSENG (+0 sen to RM8.18), IHH (+0 sen to RM6.34) and MISC (+0 sen to RM7.23). Lagging Movers were WPRTS (-7 sen to RM4.20), HLFG (-20 sen to RM14.54), KLCC (-10 sen to RM7.61), IJM (-4 sen to RM3.18) and MAXIS (-7 sen to RM5.95). Market breadth was negative with 249 gainers as compared to 443 losers.
The KLCI extended its losing streak for the third day after closing lower at 1617.15 points amid overnight losses in US market. The performance of our benchmark index was bogged down by selling interest in heavy weights counters such as IJM Corp, Westports and Hong Leong Financial Group.
Date As of: 23 December 2016
Description Volume Value Frequency
ETF 30,400 22,134,000 18
Stock 20,694,586,675 8,899,297,254,780 277,572
Warrant 249,549,932 46,769,062,842 962
Total 20,944,167,007 8,946,088,451,622 278,552
As of December 23, 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,630.48 4,378.68 251.81
Proprietary 2,975.79 3,248.42 -272.63
Foreign 7,905.53 8,551.57 -646.04
Individual 15,966.22 15,299.35 666.87
Total Trading Value 31,478.02 M.Baht
SE Asia Stocks-Muted ahead of Christmas weekend
Most Southeast Asian stock markets fell in thin trade on Friday as Wall Street took a breather from its surge since the U.S. presidential election on the back of
declines in retail stocks.
U.S. equities posted their first back-to-back daily declines of the month in light trading as investors took time out ahead of the Christmas weekend.
Retail stocks on Wall Street fell after CNN reported President-elect Donald Trump's transition team is considering a tariff of as much as 10 percent on imports.
Declines in Wall Street are probably affecting the markets, said Mikey Macainag, an analyst with Manila-based Sunsecurities
"Dow Jones right now is nearing the 20,000 resistance. I think it is going to take a while before they break 20,000. That
is why it is correcting."
Sentiment was also affected by oil prices which slipped in thin Asian trade, eroding some of the gains in the previous
session as traders took profits.
Philippine shares .PSI fell for a second straight session, dragged down by real estate and telecom stocks, and posted a
weekly drop of 4.2 percent, their biggest since January.
Conglomerate Metro Pacific Investments Corp MPI.PS was among the biggest percentage losers on Friday, falling 3.1 percent.
Malaysia .KLSE ended weaker for a third straight session, hurt by utilities, consumer staples and industrials.
Malaysian palm oil futures fell as much as 2 percent and hit their lowest in four weeks, tracking declines in rival oils on
the Dalian Commodity Exchange.
Indonesian .JKSE shares fell for a ninth consecutive session in their longest losing streak since August 2005, and
recorded a weekly decline of 3.9 percent, the biggest since October 2015.
Indonesia's central bank expects economic growth to slow in the final quarter of 2016 to around 4.97 percent, Senior Deputy
Governor Mirza Adityaswara told reporters, from 5.02 percent in the third quarter. urn:newsml:reuters.com:*:nJ9N1D100B
Bucking the trend, Thailand .SETI snapped four sessions of losses after the central bank governor said the country's
economy may expand more than the bank's forecast of 3.2 percent due to government spending and improved exports.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current previous close Pct Move
Singapore 2871.05 2882.04 -0.38
Bangkok 1509.98 1504.12 0.39
Manila 6563.67 6587.17 -0.36
Jakarta 5027.704 5042.87 -0.30
Kuala Lumpur 1617.15 1623.2 -0.37
Ho Chi Minh 664.37 664.15 0.03