ASEAN KEY DESTINATIONS
26 February 2018
The Straits Times Index (STI) ended 22.63 points or 0.64% higher to 3555.85, taking the year-to-date performance to +4.49%. For more observations, go to sgx.com/research
The top active stocks today were DBS, which gained 0.14%, Genting Sing, which declined 6.92%, Venture, which gained 3.53%, UOB, which gained 1.39% and OCBC Bank, with a 0.75% advance.
The FTSE ST Mid Cap Index gained 0.73%, while the FTSE ST Small Cap Index rose 0.08%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Lyxor ChinaH (+2.65%)
STI ETF (+0.85%)
SPDR Gold Shares (+0.78%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (+3.55%)
CapitaLand Mall Trust (+1.52%)
Ascendas REIT (+0.77%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180808 (+1.99%)
UOB MB eCW180806 (+11.46%)
OCBC Bk MB eCW180702 (+5.00%)
Singapore Stock Market
*ST Index 3,555.85 +22.63 3,533.22 +44.76
Volume: 1,673.3M 1,887.8M
Value: $1,317.7M $1,419.4M
Gainers/Losers: 263/216 274/156
Daily Market Commentary (Securities)
26 February 2018
The FBM KLCI index lost 1.42 points or 0.08% on Monday. The Finance Index increased 0.53% to 18097.75 points, the Properties Index dropped 0.88% to 1188.98 points and the Plantation Index rose 0.16% to 8074.27 points.
The market traded within a range of 8.00 points between an intra-day high of 1867.98 and a low of 1859.98 during the session.
Actively traded stocks include AAX, PUC, HUAAN, SUMATEC, PDZ-WB, MAHSING-WB, UMWOG, GPACKET, MAYBANK and HIBISCS. Trading volume decreased to 2716.11 mil shares worth RM2743.72 mil as compared to Friday’s 3547.62 mil shares worth RM2678.11 mil. Leading Movers were HLBANK (+30 sen to RM18.52), HAPSENG (+13 sen to RM9.30), MAYBANK (+14 sen to RM10.40), YTL (+1 sen to RM1.49) and KLCC (+5 sen to RM7.81). Lagging Movers were MISC (-14 sen to RM6.79), SIME (-7 sen to RM2.73), GENM (-12 sen to RM5.16), GENTING (-18 sen to RM8.92) and HLFG (-24 sen to RM18.46). Market breadth was negative with 479 gainers as compared to 513 losers.
The KLCI closed lower at 1860.08 points despite last Friday’s gains US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as MISC, Sime Darby and Genting Malaysia.
Date As of: 26 February 2018
Description Volume Value Frequency
ETF 883,600 203,728,100 72
Stock 12,563,016,644 8,162,365,693,455 393,988
Warrant 99,171,960 25,038,711,391 2,457
Total 12,663,072,204 8,187,608,132,946 396,517
SET ready to launch T+2 settlement cycle on March 2 BANGKOK, February 26, 2018 - The Stock Exchange of Thailand (SET) and market participants have confirmed their readiness to move toward the T+2 settlement cycle (T+2) on March 2, 2018, after successfully completed all preparation. SET has become one of the leading exchanges in ASEAN to move toward the T+2 cycle.
This will align the operational process with international practice including Europe, and the United states.
SET President Kesara Manchusree said, "After having completed all the preparation process covering the amendment of related rules and regulations, industry-wide test, and investor communication, we are ready to move toward the T+2 settlement cycle, from the current T+3. This change will keep SET aligned with the leading settlement practices in capital markets around the world, and also in line with SET's strategic plan to enhance infrastructure, as such strengthening the Thai capital market's competitive edge."
This smooth implementation shows good collaboration among the Thai capital market stakeholders and related parties, including from The Securities and Exchange Commission (SEC), The Bank of Thailand, security firms, custodians,asset management firms and banks and SET. All parties have been working closely and have a consensus to move to T+2 on March 2.
"We are certain that moving toward T+2 will benefit all stakeholders, not only in reducing the risks and costs but also in making it more convenient for cross-border portfolio investment," added Kesara.
As of 26 February 2018
Type Buy Sell Net
Institution 7,990.67 3,746.14 4,244.53
Proprietary 11,068.81 10,338.93 729.88
Foreign 24,294.24 24,178.38 115.86
Individual 28,837.65 33,927.92 -5,090.28
Total Trading Value 72,191.36 M.Baht
SE Asia Stocks-Most rise; Vietnam ends at 1-month high
* Philippine shares snap 3 straight sessions of falls
* Singapore stocks post near one-month closing high
* Thai shares shoot up in late trade
By Ambar Warrick
Feb 26 (Reuters) - Most Southeast Asian stock markets rose in line with broader Asia on Monday as investors braced for an
event-heavy week led by U.S. inflation figures and the First House testimony by the new head of the Federal Reserve.
Asian shares made guarded gains, as investors awaited U.S. inflation data later in the week, while the spotlight was also
on the new Fed chair Jerome Powell, who will face questions from both houses of the U.S. Congress in semi-annual testimony
Vietnam shares .VNI climbed 1.1 percent to a one-month closing high on broad-based gains, with real estate and energy
stocks leading the rise.
Stocks rose in line with Wall Street, which rallied on Friday following a retreat in Treasury yields, said Fiachra Mac
Cana, head of research at Ho Chi Minh Securities.
Property developer Vingroup VIC.HM ended at a record high, while Vietnam National Petroleum Group PLX.HM rose 6.8
Philippine shares .PSI recovered from early falls to close 0.4 percent higher. Financials were the top gainers with BDO
Unibank BDO.PS climbing 2 percent after the bank posted a 7 percent rise in 2017 net income.
Conglomerate Aboitiz Equity Ventures AEV.PS was the biggest boost to the index, rising 4.2 percent to its highest
close since October 2016.
Singapore shares .STI posted a near one-month closing high, helped by financial and industrial stocks. Data showed
that the island state's industrial production grew more than expected in January, helped by a jump in electronics output.
Thai shares .SETI shot up in late trade, climbing 1.4 percent to a near 1-month closing high, with energy stocks
leading the gains.
Indonesian shares .JKSE closed 1 percent lower, hurt mainly by financials.
Bank Central Asia BBCA.JK and Bank Mandiri BMRI.JK both ended about 3 percent lower.
An index of the 45 most liquid stocks in the country .JKLQ45 ended 1.5 percent lower.
Indonesian President Joko Widodo selected Perry Warjiyo, a deputy governor at Bank Indonesia, as his choice for central
bank governor when the current head steps down in May.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3555.85 3533.22 0.64
Bangkok 1834.18 1808.06 1.44
Manila 8499.98 8467.56 0.38
Jakarta 6554.673 6619.804 -0.98
Kuala Lumpur 1860.08 1861.5 -0.08
Ho Chi Minh 1114.53 1102.85 1.06