ASEAN KEY DESTINATIONS
21 February 2017
The Straits Times Index (STI) ended 2.5 points or 0.08% lower to 3094.19, taking the year-to-date performance to +7.41%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 0.22%, CapitaLand, which gained 2.29%, UOB, which gained 1.00%, Wilmar Intl, which declined 3.08% and Singtel, which closed unchanged.
The FTSE ST Mid Cap Index gained 0.11%, while the FTSE ST Small Cap Index declined 0.25%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.15%)
IS MSCI India (+0.55%)
STI ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.81%)
Mapletree Com Tr (+0.33%)
CapitaLand Commercial Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW171101 (+5.77%)
DBS MB eCW170710 (-3.30%)
Singapore Stock Market
*ST Index 3,094.19 -2.5 3,096.69 -10.96
Volume: 2,904.7M 2,634.3M
Value: $1,213.7M $1,055.8M
Gainers/Losers: 202/281 196/274
Daily Market Commentary (Securities)
21 February 2017
The FBM KLCI index lost 6.03 points or 0.35% on Tuesday. The Finance Index increased 0.01% to 15065.27 points, the Properties Index up 0.35% to 1216.15 points and the Plantation Index down 0.83% to 8005.95 points. The market traded within a range of 13.67 points between an intra-day high of 1719.76 and a low of 1706.09 during the session.
Actively traded stocks include DNEX, DNEX-WD, VIVOCOM, MTRONIC, VIVOCOM-WB, STERPRO, ARMADA, XOX, HIBISCS and VIZIONE. Trading volume increased to 2893.32 mil shares worth RM2356.22 mil as compared to Monday’s 2494.82 mil shares worth RM2218.13 mil. Leading Movers were ASTRO (+4 sen to RM2.84), HLFG (+20 sen to RM15.20), IHH (+5 sen to RM6.24), AMMB (+2 sen to RM4.60) and AXIATA (+2 sen to RM4.85).
Lagging Movers were BAT (-178 sen to RM49.30), GENM (-18 sen to RM5.20), IOICORP (-12 sen to RM4.51), PETCHEM (-15 sen to RM7.33) and GENTING (-11 sen to RM8.89). Market breadth was negative with 364 gainers as compared to 552 losers.
The KLCI halted its winning streak and closed lower at 1706.55 points. The performance of our local bourse was bogged down by selling interests in heavy weight counters like Genting Malaysia, IOI Corp and Petronas Chemicals.
Date As of: 21 February 2017
Description Volume Value Frequency
ETF 700 404,500 05
Stock 23,513,615,247 6,450,575,878,048 360,630
Right 517,686,747 535,903,247 56
Warrant 20,734,600 2,717,532,100 536
Total 24,052,037,294 6,453,829,717,895 361,227
As of 21 February 2017
Type Buy Sell Net
Institution 4,054.66 4,254.14 -199.48
Proprietary 5,398.45 5,850.40 -451.95
Foreign 12,550.74 13,209.75 -659.01
Individual 22,874.97 21,564.53 1,310.44
Total Trading Value 44,878.82 M.Baht
SE Asia Stocks-Tepid ahead of release of Fed minutes
Southeast Asian stock markets, except Vietnam, were subdued on Tuesday due to a lack of global cues ahead of the release of minutes from a U.S. Federal Reserve meeting and a series of speeches by Fed officials this week.
The heads of five regional U.S. Fed branches are scheduled to speak this week. In addition, Fed Board Governor Jerome
Powell speaks on Wednesday, when minutes of the last Federal Open Market Committee meeting are also due.
The Fed will likely need to raise interest rates at its upcoming policy meeting in March, Chair Janet Yellen said last
week, although she flagged considerable uncertainty over economic policy under the Trump administration.
"I think investors right now are in a 'wait and see' moment between Trump's tax plan announcement and the Fed meeting next
month," said Victor Felix, equity analyst at AB Capital Securities.
U.S. President Donald Trump plans to announce the most ambitious tax reform plan since the Reagan era in the next few
weeks, the White House said earlier this month, without offering specifics other than citing the need for a lower tax burden on
"There is also the Brexit trigger next month and political risks...so I guess that's keeping investors trading cautiously," said Felix.
The British government plans to trigger Article 50 of the EU's Lisbon Treaty by the end of March, which will formally kickstart its exit process from the European Union.
Singapore shares .STI were down 0.1 percent, hurt by consumer staples and industrials.
Golden Agri-Resources Ltd GAGR.SI slumped 5.9 percent, while Keppel Corp KPLM.SI edged 1.1 percent lower.
Philippine shares .PSI trimmed earlier losses to end flat.
"We are expected to be trading sideways for the rest of the week because of a lack of actionable events," Felix said.
Indonesia .JKSE ended 0.3 percent lower, while Malaysian shares .KLSE dropped 0.4 percent.
The Thai index .SETI slipped 0.9 percent, snapping four straight days of gains.
Bucking the trend, Vietnam .VNI hit a fresh nine-year closing high, boosted by real estate stocks and consumer staples.
Property firm Vingroup JSC VIC.HM hit a record high, while Hanoi Beer Alcohol and Beverage Joint Stock Corp BHN.HM rose 5.4 percent.
SOUTHEAST ASIAN STOCK MARKETS: Change on day
Market Current Previous Close Pct Move
Singapore 3094.19 3096.69 -0.08
Bangkok 1564.42 1578.47 -0.89
Manila 7282.68 7281.19 0.02
Jakarta 5340.99 5359.288 -0.34
Kuala Lumpur 1706.55 1712.58 -0.35
Ho Chi Minh 716.55 710.59 0.84