ASEAN KEY DESTINATIONS
23 February 2017
The Straits Times Index (STI) ended 15.37 points or 0.49% higher to 3137.57, taking the year-to-date performance to +8.91%. For longer term observations please go to sgx.com/research.
The top active stocks today were Noble, which gained 5.88%, DBS, which gained 0.75%, Genting Sing, which gained 5.10%, Singtel, which declined 0.50% and Sembcorp Marine, with a 18.24% advance.
The FTSE ST Mid Cap Index gained 1.18%, while the FTSE ST Small Cap Index rose 0.61%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
SPDR Gold Shares (+0.09%)
DBXT MSCI Indonesia ETF (+0.44%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.40%)
CapitaLand Commercial Trust (+1.29%)
CapitaLand Mall Trust (+1.02%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MBeCW170703 (+20.76%)
DBS MB eCW170710 (+2.80%)
OCBC Bk MB eCW171002 (-0.81%)
Singapore Stock Market
*ST Index 3,137.57 +15.37 3,122.2 +28.01
Volume: 3,460.8M 2,585.2M
Value: $1,695.1M $1,472.4M
Gainers/Losers: 239/208 290/196
Daily Market Commentary (Securities)
23 February 2017
The FBM KLCI index lost 3.60 points or 0.21% on Thursday. The Finance Index fell 0.11% to 15048.36 points, the Properties Index dropped 0.47% to 1219.9 points and the Plantation Index rose 0.25% to 8052.03 points. The market traded within a range of 7.53 points between an intra-day high of 1710.07 and a low of 1702.54 during the session.
Actively traded stocks include DNEX-WD, DNEX, RGB, ARMADA, HIBISCS, AAX, VIVOCOM, MTRONIC, EKOVEST and KNM. Trading volume increased to 2793.19 mil shares worth RM2673.12 mil as compared to Wednesday’s 2688.95 mil shares worth RM2780.84 mil.
Leading Movers were GENTING (+14 sen to RM9.08), GENM (+7 sen to RM5.47), IJM (+3 sen to RM3.42), YTL (+1 sen to RM1.55) and BAT (+30 sen to RM49.60). Lagging Movers were AXIATA (-27 sen to RM4.53), IHH (-5 sen to RM6.15), MISC (-6 sen to RM7.74), DIGI (-3 sen to RM5.06) and WPRTS (-2 sen to RM4.02). Market breadth was negative with 328 gainers as compared to 555 losers.
The KLCI was closed marginally lower at 1704.48 points amid mixed performance in Wall Street. The performance of our benchmark index was in tandem with most of our regional peers.
Date As of: 23 February 2017
Description Volume Value Frequency
ETF 00 00 00
Stock 21,723,948,885 7,517,858,226,772 397,023
Right 27,201,079 154,401,330 241
Warrant 94,046,000 22,138,159,100 1,552
Total 21,845,195,964 7,540,150,787,202 398,816
As of 23 February 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,832.51 5,178.28 654.22
Proprietary 5,256.25 5,336.46 -80.21
Foreign 16,401.82 16,325.88 75.94
Individual 19,690.59 20,340.54 -649.96
Total Trading Value 47,181.16 M.Baht
SE Asia Stocks-Cautious after Fed minutes; S'pore at 18-mth peak
Southeast Asian stock markets, except Singapore, moved sideways on a lack of firm cues after minutes of a U.S. Federal Reserve meeting showed it would wait for jobs and inflation data to meet expectations to decide on the timing
of its next rate increase.
The minutes of the Jan. 31-Feb. 1 policy discussion, at which the U.S. central bank voted to keep rates unchanged, also
showed the depth of uncertainty at the Fed because of a lack of clarity on President Donald Trump's economic program.
Investors are cautious about the "global uncertainties related to Trump's economic policies as well as the interest
rate direction of the Federal Reserve, which was actually a non-event," said Taye Shim, head of research at Mirae Asset
"So, most of the investors within the emerging markets are pretty much on the sidelines."
Singapore shares .STI hit fresh 18-month highs on Thursday, led by oil and gas stocks and financials.
Keppel Corp KPLM.SI rose 3.3 percent, while Sembcorp Industries Ltd SCIL.SI added 5 percent as global oil prices
rose after U.S. data showed a surprise decline in inventories.
Also, data on Thursday showed the city-state's rate of inflation rose at its fastest pace in two years in January.
The momentum in consumer prices, combined with stronger-than-expected economic growth at the end of 2016 and
the government's generous budget for the coming year will take near-term monetary policy easing off the table, analysts said.
Philippine stocks .PSI closed at their highest in more than three weeks, as energy and telecom stocks climbed.
Semirara Mining SCC.PS and Globe Telecom GLO.PS rose more than 2.5 percent each.
Thai shares .SETI lost 0.3 percent, as consumer non-cyclicals and energy stocks fell.
PTT Exploration and Production PCL PTTEP.BK lost 2 percent, while Charoen Pokphand Foods PCL CPF.BK shed nearly 1 percent.
Indonesia .JKSE made small gains, while Vietnam .VNI lost marginally.
Malaysia .KLSE fell about 0.2 percent, dragged down by Axiata Group Bhd AXIA.KL , which lost 5.6 percent after fourth quarter net profit declined 34 percent.
SOUTHEAST ASIAN STOCK MARKETS: CHANGE ON DAY
Market Current Previous Close Pct Move
Singapore 3137.57 3122.2 0.49
Bangkok 1567.32 1572.04 -0.30
Manila 7335.56 7304.45 0.43
Jakarta 5372.748 5358.683 0.26
Kuala Lumpur 1704.48 1708.08 -0.21
Ho Chi Minh 716.87 717.24 -0.05