ASEAN KEY DESTINATIONS
28 February 2017
The Straits Times Index (STI) ended 12.01 points or 0.39% lower to 3096.61, taking the year-to-date performance to +7.49%. For longer term observations please go to sgx.com/research.
The top active stocks today were JSH USD, which gained 0.13%, Global Logistic, which declined 2.92%, Singtel, which declined 1.01%, DBS, which declined 0.43% and UOB, with a 0.51% fall.
The FTSE ST Mid Cap Index gained 0.38%, while the FTSE ST Small Cap Index declined 0.55%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (unchanged)
Ishares Usd Asia Hy Bond ETF (-0.36%)
IS MSCI India S$ (-0.29%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.81%)
Suntec REIT (+1.17%)
CapitaLand Commercial Trust (+0.97%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MBeCW170703 (-9.76%)
OCBC Bk MB eCW171002 (-2.68%)
DBS MB eCW170710 (-3.00%)
Singapore Stock Market
*ST Index 3,096.61 -12.01 3,108.62 -8.41
Volume: 2,705.3M 2,255.4M
Value: $2,650.1M $1,154.1M
Gainers/Losers: 166/348 214/267
Daily Market Commentary (Securities)
28 February 2017
The FBM KLCI index lost 0.07 points or 0.00% on Tuesday. The Finance Index fell 0.12% to 15026.34 points, the Properties Index up 0.41% to 1226.49 points and the Plantation Index rose 0.04% to 8082.32 points. The market traded within a range of 6.61 points between an intra-day high of 1697.25 and a low of 1690.64 during the session.
Actively traded stocks include HIBISCS, DNEX-WD, DNEX, AT, AT-WB, JAKS, RGB, IFCAMSC, STERPRO and SENDAI. Trading volume decreased to 2422.70 mil shares worth RM2892.23 mil as compared to Monday’s 2902.09 mil shares worth RM2160.47 mil.
Leading Movers were IHH (+13 sen to RM6.01), AXIATA (+7 sen to RM4.43), WPRTS (+6 sen to RM4.01), GENTING (+8 sen to RM9.25) and TM (+4 sen to RM6.16). Lagging Movers were ASTRO (-7 sen to RM2.85), MISC (-16 sen to RM7.42), PETGAS (-26 sen to RM20.02), RHBBANK (-6 sen to RM4.84) and SIME (-11 sen to RM8.96). Market breadth was negative with 317 gainers as compared to 625 losers.
The KLCI was little changed and closed marginally lower at 1693.77 points despite overnight gains in US market. Market sentiment remained muted as investors awaits a speech by U.S. President Donald Trump for signals on tax reform and infrastructure spending.
Date As of: 28 February 2017
Description Volume Value Frequency
ETF 295,800 144,961,100 40
Stock 10,548,026,091 6,604,277,616,879 330,167
Warrant 12,590,542 3,072,319,050 1,152
Total 10,560,912,433 6,607,494,897,029 331,359
As of 3 January 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,727.84 3,546.62 1,181.22
Proprietary 3,769.09 4,574.25 -805.16
Foreign 12,456.42 13,561.25 -1,104.83
Individual 16,436.53 15,707.76 728.77
Total Trading Value 37,389.88 M.Baht
SE Asia Stocks-Largely down; Concerns on Trump policy speech loom
Southeast Asian stock markets ended soft on Tuesday, in line with Asian peers, as investors were guarded ahead of U.S. President Donald Trump's policy speech and due to some month-end book-squaring.
Markets have been awaiting more details on Trump's proposed stimulus plans to judge if they would boost inflation and economic growth, and add to the case for higher U.S. interest rates.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS erased earlier modest gains and edged down slightly.
"His speeches are always fire and brimstone so it's going to be like that again and there's going to be a lot of superlatives ... that's what people are anticipating," said Joseph Roxas, president of Manila-based Eagle Equities Inc.
"There should really be not much impact for Southeast Asia.
Investors are just making sure, taking some money off the table.
It's also just book squaring at the end of the month."
Philippines stocks .PSI ended 0.3 percent lower, posting a monthly fall of 0.2 percent, as industrial and financial stocks pulled down the index.
DMCI Holdings DMC.PS lost more than 3 percent, while BDO Unibank BDO.PS lost 2 percent.
Singapore shares .STI lost 0.4 percent as oil and gas firms Keppel Corp KPLM.SI and Sembcorp Industries SCIL.SI
shed 1.7 percent and 1.2 percent respectively. On the month, the index gained 1.6 percent.
Singapore's inflation forecast for 2017 has been revised up to 1.2 percent from 0.9 percent, DBS Group Research said in a
note. This is to take into account the upside risk to inflation in the coming months, the note said.
Thai shares .SETI closed flat after January manufacturing and February trade data missed expectations.
The index ended the month with a 1.1 percent gain.
Investors will be looking out for February headline consumer price index in the next session, which is seen rising 1.6
percent for an 11th straight month compared to last year, a Reuters poll showed.
Vietnam shares .VNI fell 0.9 percent on the day, but posted a monthly gain of 1.9 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 3096.61 3108.62 -0.39
Bangkok 1559.56 1558.03 0.10
Manila 7212.09 7232.47 -0.28
Jakarta 5386.692 5382.874 0.07
Kuala Lumpur 1693.77 1693.84 0.00
Ho Chi Minh 710.79 717.44 -0.93