ASEAN KEY DESTINATIONS
14 February 2017
The Straits Times Index (STI) ended 39.16 points or 1.26% lower to 3072.47, taking the year-to-date performance to +6.58%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 3.44%, Noble, which gained 11.68%, OCBC Bank, which declined 3.28%, Singtel, which declined 0.51% and UOB, with a 1.57% fall.
The FTSE ST Mid Cap Index gained 0.33%, while the FTSE ST Small Cap Index declined 0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-1.28%)
IS MSCI India (-0.14%)
IS MSCI India S$ (-0.10%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.40%)
CapitaLand Mall Trust (+0.25%)
CapitaLand Commercial Trust (-0.95%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
OCBC Bk MB eCW171002 (-19.40%)
DBS MB eCW170710 (-30.25%)
KepCorp MBeCW170703 (-5.75%)
Singapore Stock Market
*ST Index 3,072.47 -39.16 3,111.63 +11.24
Volume: 3,328.2M 3,264.2M
Value: $1,472.2M $1,326.8M
Gainers/Losers: 176/310 305/203
Daily Market Commentary (Securities)
14 February 2017
The FBM KLCI index lost 1.34 points or 0.08% on Tuesday. The Finance Index increased 0.15% to 15114.53 points, the Properties Index dropped 0.07% to 1200.7 points and the Plantation Index rose 0.07% to 8244.23 points. The market traded within a range of 6.49 points between an intra-day high of 1710.08 and a low of 1703.59 during the session.
Actively traded stocks include STERPRO, SERBADK, HUBLINE, ARMADA, HIBISCS, IFCAMSC, BORNOIL, VIZIONE-WC, REACH-WA and SKPETRO. Trading volume decreased to 2180.84 mil shares worth RM2558.93 mil as compared to Monday’s 2475.60 mil shares worth RM2266.68 mil.
Leading Movers were BAT (+152 sen to RM48.00), HLBANK (+28 sen to RM13.58), SIME (+14 sen to RM9.21), HLFG (+20 sen to RM15.50) and KLCC (+3 sen to RM7.84). Lagging Movers were GENTING (-10 sen to RM8.61), HAPSENG (-10 sen to RM9.11), TENAGA (-14 sen to RM13.52), PETDAG (-24 sen to RM24.04) and YTL (-1 sen to RM1.54). Market breadth was negative with 387 gainers as compared to 470 losers.
The KLCI halted its winning streak and edged down at 1708.90 points despite overnight rally in US market. The performance of our local bourse was limited as profit taking kicked-in.
Date As of: 14 February 2017
Description Volume Value Frequency
ETF 49,100 29,701,100 10
Stock 18,555,113,629 7,911,046,216,265 410,153
Warrant 47,423,925 2,902,020,375 1,005
Total 18,602,586,654 7,913,977,937,740 411,168
As of 14 February 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,139.86 6,221.43 -2,081.58
Proprietary 6,037.32 5,682.45 354.87
Foreign 19,911.49 21,694.98 -1,783.49
Individual 22,753.96 19,243.76 3,510.20
Total Trading Value 52,842.63 M.Baht
SE Asia Stocks-Fall ahead of Yellen testimony; S'pore down over 1 pct
Southeast Asian shares fell on Tuesday, as investors turned cautious ahead of U.S. Federal Reserve Chair Janet Yellen's congressional testimony that could give clues on the pace of interest rate hikes.
Regional markets, which spiralled down in early trade on a strong dollar, drew no respite though the greenback eased after U.S President Donald Trump's national security adviser Michael Flynn resigned over Russian contacts.
The dollar index .DXY , which measures the greenback against six other currencies, fell 0.1 percent, pulling away
from a three-week high hit on Monday.
Yellen on Tuesday will present the U.S. central bank's semi-annual report on monetary policy and economy in testimony to the Senate Banking Committee, followed by the semi-annual monetary testimony before the House Financial Committee on Wednesday.
Singapore .STI closed 1.3 percent lower, battered primarily by financial stocks. The index had been rising this
year and had hit an 18-month high in the previous session.
Oversea-Chinese Banking Corporation Ltd OCBC.SI lost 3.3 percent after the city-state's second biggest lender reported an 18-percent dip in fourth-quarter profit on bad debt charges.
Top lender DBS Group Holdings Ltd DBSM.SI , which is expected to report earnings later this week, fell 3.4 percent to close at its lowest since Jan 19. United Overseas Bank Ltd UOBH.SI shed 1.6 percent.
Singapore banks are taking a hit as companies in the oilfield services industry restructure their bonds and loans in
a weak operating environment. They are also being impacted by low interest rates and a sluggish overall economy.
Philippines .PSI fell 1.2 percent, dragged down by industrial and real estate stocks.
The index is undergoing a correction after testing a resistance at 7,300 level in the previous session, according to
Mikey Macainag, an analyst with Manila-based Sunsecurities Inc.
Conglomerate SM Investments Corp SM.PS declined 2.5 percent to close at its lowest in more than a month, while
Property developer SM Prime Holdings Inc SMPH.PS shed 2.6 percent.
International Container Terminal Services Inc ICT.PS closed 2.6 percent down, at its lowest in almost four weeks,
after the company said an agreement to operate a port in Brunei would not be renewed.
Thai shares .SETI fell 0.8 percent, with losses in energy and industrial stocks weighing heavily on the index.
Energy conglomerate PTT PCL PTT.BK , down 2.5 percent, weighed most on the index while Airports of Thailand PCL AOT.BK shed 2.5 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current prev close Pct Move
Singapore 3072.47 3111.63 -1.26
Bangkok 1572.24 1585.24 -0.82
Manila 7206.84 7294.67 -1.20
Jakarta 5380.67 5409.556 -0.53
Kuala Lumpur 1708.9 1710.24 -0.08
Ho Chi Minh 706.26 705.9 0.05