ASEAN KEY DESTINATIONS
06 December 2017
The Straits Times Index (STI) ended 40.85 points or 1.19% lower to 3397.21, taking the year-to-date performance to +17.93%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 2.26%, UOB, which declined 1.98%, Singtel, which gained 0.80%, OCBC Bank, which declined 3.04% and Global Logistic, with a 0.30% fall.
The FTSE ST Mid Cap Index declined 0.59%, while the FTSE ST Small Cap Index declined 0.64%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.46%)
STI ETF (-1.15%)
IS MSCI India (-0.69%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+0.97%)
CapitaLand Commercial Trust (+0.54%)
Suntec REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180412 (-19.75%)
DBS MB eCW180416 (-26.83%)
UOB MB eCW180412 (-17.31%)
Singapore Stock Market
*ST Index 3,397.21 -40.85 3,438.06 -0.41
Volume: 1,923.8M 1,736.9M
Value: $1,231.7M $1,069M
Gainers/Losers: 145/285 175/286
Daily Market Commentary (Securities)
6 December 2017
The FBM KLCI index lost 6.51 points or 0.38% on Wednesday. The Finance Index fell 1.09% to 15978.83 points, the Properties Index dropped 0.31% to 1199.75 points and the Plantation Index down 0.18% to 7857.6 points. The market traded within a range of 7.85 points between an intra-day high of 1722.95 and a low of 1715.10 during the session.
Actively traded stocks include HIBISCS, SIME, VIVOCOM, TRIVE, PUC, SIMEPROP, DGB, BJCORP, CIMB and DGSB. Trading volume decreased to 1580.43 mil shares worth RM2257.23 mil as compared to Tuesday’s 1835.20 mil shares worth RM2234.59 mil.
Leading Movers were SIMEPROP (+12 sen to RM4.87), DIGI (+6 sen to RM4.71), TM (+4 sen to RM6.22), GENM (+3 sen to RM5.16) and PETGAS (+6 sen to RM16.16). Lagging Movers were HLBANK (-82 sen to RM16.18), HLFG (-46 sen to RM16.48), IJM (-7 sen to RM2.95), SIME (-5 sen to RM2.20) and RHBBANK (-10 sen to RM4.80). Market breadth was negative with 380 gainers as compared to 454 losers.
The KLCI ended with a negative note, closed lower at 1718.33. The performance of our local bourse was bogged by selling interest in heavy weight counters such as HLBB, HLFG and IJM.
Date As of: 06 December 2017
Description Volume Value Frequency
ETF 815,700 393,907,300 47
Stock 12,595,449,493 7,700,483,758,195 371,604
Right 100,100 100,100 03
Warrant 40,510,300 1,343,245,600 1,068
Total 12,636,875,593 7,702,221,011,195 372,722
As of 5 December 2017 Unit: M.Baht
Type Buy Sell Net
Institution 10,363.78 7,123.59 3,240.19
Proprietary 4,627.57 5,777.15 -1,149.58
Foreign 21,629.30 24,958.48 -3,329.18
Individual 28,847.73 27,609.15 1,238.58
Total Trading Value 65,468.38 M.Baht
SE Asia Stocks-Most fall as risk sentiment sours; Indonesia rises
Most Southeast Asian stock markets declined on Wednesday as overnight losses on Wall Street coupled
with monetary policy concerns in China hurt investor sentiment.
A senior researcher at the People's Bank of China has urged central banks to adopt monetary policies that do not encourage markets to expect lower interest rates indefinitely that encourage excessive risk-taking by lenders, the Securities Times reported.
"China has been clamping down on risky practices such as in the cash loans sector," said Liu Jinshu, director of research at NRA Capital in Singapore.
MSCI's broadest index of Asia-Pacific shares outside Japan hit a near two-month low and was last down 1.5 percent.
Japan's Nikkei .N225 posted its worst fall in eight-and-a-half months, shares in Seoul .KS11 dropped 1.5
percent, and the Shanghai Composite index .SSEC declined 0.29 percent. .SS .T
U.S. technology stocks stuttered yet again on Tuesday after a brief pickup, with investors shifting money to banks,
retailers and other stocks seen as likely to benefit the most from tax cuts promised by U.S. President Donald Trump.
Singapore shares .STI fell 1.2 percent on Wednesday to their lowest close in two weeks, with top lenders DBS Group Holdings DBSM.SI , United Overseas Bank UOBH.SI and Oversea-Chinese Banking Corp OCBC.SI declining in a range of 2 percent to 3 percent.
"A look at the gains and losses within the STI constituents suggests a flight to safety with telcos and REITs performing better than banks, developers and offshore and marine names," said Liu.
Philippine shares .PSI erased early gains to close marginally lower, dragged by real estate and industrial stocks.
Malaysian shares .KLSE closed 0.4 percent lower, shrugging off better-than-expected export growth.
Financials were the top losers with Hong Leong Bank HLBB.KL shedding 4.8 percent, while Malayan Banking MBBM.KL fell 1.3 percent.
Meanwhile, Indonesian shares .JKSE rose 0.6 percent, aided by gains in financial and consumer discretionary stocks.
Bank Central Asia Tbk PT BBCA.JK and Astra International Tbk PT ASII.JK rose 1.4 percent and 1.8 percent, respectively.
An index of the country's 45 most liquid stocks climbed 0.7 percent.
SOUTHEAST ASIAN STOCK MARKETS: CHANGE ON THE DAY
Market Current previous close Pct Move
Singapore 3397.21 3438.06 -1.19
Bangkok 1694.39 1697.61 -0.25
Manila 8129.62 8145 -0.19
Jakarta 6035.508 6000.474 0.58
Kuala Lumpur 1718.33 1724.84 -0.38
Ho Chi Minh 947.64 953.3 -0.59