ASEAN KEY DESTINATIONS
05 February 2018
The Straits Times Index (STI) ended 46.89 points or 1.33% lower to 3482.93, taking the year-to-date performance to +2.35%. For more observations, go to www.sgx.com/research
The top active stocks today were DBS, which declined 2.02%, Singtel, which declined 0.29%, OCBC Bank, which declined 1.95%, SingPost, which gained 3.62% and UOB, with a 1.27% fall.
The FTSE ST Mid Cap Index declined 1.40%, while the FTSE ST Small Cap Index declined 1.77%.
The three most active Exchange Traded Funds (ETFs) by value today were
STI ETF (-1.42%)
IS MSCI India (-2.93%)
DBXT S&P Cnx Nifty ETF (-6.03%)
The three most active Real Estate Investment Trusts (REITs) by value were
Mapletree Log Tr (-3.05%)
CapitaLand Commercial Trust (unchanged)
CapitaLand Mall Trust (-1.93%)
The most active index warrants by value today were
The most active stock warrants by value today were
DBS MB eCW180810 (-17.04%)
DBS MB eCW180416 (-24.32%)
UOB MB eCW180806 (-12.77%)
Singapore Exchange has introduced My Gateway to meet increasing investor interest for more investment knowledge and education. My Gateway provides one-stop access to market updates, video clips on investment products, information on seminars and courses as well as other resources. Click here for My Gateway.
Singapore Stock Market
*ST Index 3,482.93 -46.89 3,529.82 -17.41
Volume: 2,831.7M 3,893.9M
Value: $1,775.5M $1,934.2M
Gainers/Losers: 101/445 180/284
Daily Market Commentary (Securities)
05 February 2018
The FBM KLCI index lost 17.41 points or 0.93% on Monday. The Finance Index fell 1.26% to 17753.69 points, the Properties Index dropped 0.80% to 1200.23 points and the Plantation Index down 0.91% to 7983 points. The market traded within a range of 15.33 points between an intra-day high of 1857.39 and a low of 1842.06 during the session.
Actively traded stocks include HIBISCS, SAPNRG, SUMATEC, PUC, UMWOG, EAH-WD, AAX, PA, HUAAN and UCREST. Trading volume increased to 2656.83 mil shares worth RM2846.85 mil as compared to Friday’s 2612.44 mil shares worth RM3250.68 mil.
Leading Movers were PETDAG (+22 sen to RM25.70), NESTLE (+70 sen to RM116.60), TENAGA (+2 sen to RM15.82), PETCHEM (+0 sen to RM8.02) and PBBANK (+2 sen to RM21.98). Lagging Movers were MISC (-37 sen to RM7.20), RHBBANK (-19 sen to RM5.30), AMMB (-16 sen to RM4.58), YTL (-4 sen to RM1.50) and CIMB (-16 sen to RM7.09). Market breadth was negative with 167 gainers as compared to 966 losers.
The KLCI started the week with a negative note, dropped 17.41 points to close at 1853.07 amid overnight retreat in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counter such as MISC, RHB bank and Ambank.
Date As of: 05 February 2018
Volume Value Frequency
ETF 707,900 113,288,800 57
Stock 10,819,806,144 7,099,229,571,204 350,929
Right 1,495,820,711 3,518,883,511 462
Warrant 88,677,800 14,210,012,900 2,477
Total 12,405,012,555 7,117,071,756,415 353,925
SET renews MoU with Korea Exchange to foster regional collaboration
BANGKOK, February 5, 2018 - The Stock Exchange of Thailand (SET) today signed the renewal of memorandum of understanding (MoU) to continue the synergized efforts on capital market development and business opportunities between the two exchanges, including products and services development, IT infrastructure cooperation and information exchange.
SET President Kesara Manchusree said, "The MoU between SET and KRX, spanning another five years from today to February 4, 2023, underscores SET's strategic plan to enhance fundraising and investment in order to create business opportunities for long-term growth in the region. The extension of the MoU period would foster our long-term relationship and synergize concerted efforts on new products and services development. The agreement also embraces cooperation for improving IT infrastructure, investment activities to expand investors' opportunities, seeking the possibility of collaborative investment as well as information sharing to further strengthen the development of the two capital markets."
KRX Chairman and CEO Jiwon Jung said, "Today's MOU renewal is believed to be the very outcome of the exceptional achievements of SET-KRX collaboration during the last five years in various areas including, but not limited to the IT business and knowledge sharing. Today, the MOU has opened a new chapter of cooperation for both exchanges, even widening the possibility of mutual growth and prosperity. KRX has ceaselessly explored the innovation in the regional exchange industry, best exemplified with information business and new ecosystem for startup companies, while SET has showed its unprecedented growth in terms of market quality and quantity, positioning itself as a regional pioneer. Building uponthe previous success and accomplishments, KRX aims to unleash the new growth potential of Asia Pacific exchange industry with SET."
The MoU between SET and KRX started in 2006. In addition to the MoU, cooperation between the two markets also included implementing new technology for the clearing and settlement system of equity and derivatives products, among others.
As of 5 February 2018 Unit: M.Baht
Type Buy Sell Net
Institution 7,941.55 8,239.48 -297.93
Proprietary 8,821.09 10,115.79 -1,294.70
Foreign 26,604.01 31,740.84 -5,136.82
Individual 33,290.77 26,561.31 6,729.45
Total Trading Value 76,657.42 M.Baht
SE Asia Stocks-Tumble as rising U.S. yields choke risk appetite; Vietnam worst hit
* Philippines down 2.2 pct, biggest fall since Nov 2016
* Vietnam down 5 percent at lowest close since Aug 2015
* Asian shares ex-Japan see worst fall since late 2016
By Nikhil Nainan
Feb 5 (Reuters) - Southeast Asian stock markets plunged on Monday as rising U.S. bond yields on worries over the prospect of higher interest rates rattled equity investors, with Vietnam shedding five percent to record its steepest fall in nearly two-and-a-half years.
Asian shares fell their most in over a year after fears of resurgent inflation toppled Wall Street on Friday from all-time highs.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped as much as 2 percent, extending losses into a third straight session.
"There is a cautious mood currently because of the sudden surge in yields, so I think markets are trying to adapt to this changing environment of changing yields and expectations of higher inflation going forward," said Joel Ng, a research analyst at KGI Securities in Singapore.
Global bond yields have been rising on expectations of improving global growth, which has investors worried about the impact of rising borrowing costs on consumers and companies.
Shares in Singapore .STI closed 1.3 percent lower as financial stocks dragged the index lower.
Top lenders Oversea-Chinese Banking Corp OCBC.SI and DBS Group Holdings DBSM.SI suffered their worst session in over a month, while United Overseas Bank UOBH.SI fell to a four-week low.
Although higher interest rates tend to bode well for lenders, a sudden or much faster rise in yields will cause some
problems in the equity markets, Ng added.
Indonesian shares .JKSE recouped part of their early losses after data showed the economy grew at its fastest pace in four years in October-December.
Consumer stocks weighed heavy on the index, with Astra International Tbk PT ASII.JK falling as much as 2.9 percent.
Unilever Indonesia Tbk PT UNVR.JK closed 1.1 percent lower.
Philippine shares .PSI closed 2.2 percent lower as heavyweights SM Prime Holdings SMPH.PS and SM Investment SM.PS witnessed selling pressure.
Vietnamese shares .VNI plummeted 5 percent on Monday, marking their worst day since Aug 2015.
Thai .SETI and Malaysian shares .KLSE closed around one percent lower.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3482.93 3529.82 -1.33
Bangkok 1810.32 1827.35 -0.93
Manila 8616 8810.75 -2.21
Jakarta 6589.675 6628.82 -0.59
Kuala Lumpur 1853.07 1870.48 -0.93
Ho Chi Minh 1048.71 1105.04 -5.10