ASEAN KEY DESTINATIONS
06 February 2018
The Straits Times Index (STI) ended 76.55 points or 2.2% lower to 3406.38, taking the year-to-date performance to +0.10%. For more observations, go to www.sgx.com/research
The top active stocks today were DBS, which declined 1.61%, OCBC Bank, which declined 2.71%, Singtel, which declined 1.72%, Keppel Corp, which declined 4.32% and UOB, with a 2.02% fall.
The FTSE ST Mid Cap Index declined 2.25%, while the FTSE ST Small Cap Index declined 2.08%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-1.72%)
Lion-Phillip S-REIT (-0.96%)
IS MSCI India (+0.11%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-1.48%)
Ascendas REIT (-1.50%)
CapitaLand Commercial Trust (-2.81%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180416 (-20.24%)
OCBC Bk MB eCW180726 (-12.50%)
KepCorp MBeCW180910 (-17.97%)
Singapore Stock Market
*ST Index 3,406.38-76.55 3,482.93-46.89
Volume: 3,763.5M 2,831.7M
Value: $2,865.6M $1,775.5M
Gainers/Losers: 90/518 101/445
Daily Market Commentary (Securities)
06 February 2018
The FBM KLCI index lost 40.62 points or 2.19% on Tuesday. The Finance Index fell 2.22% to 17360.27 points, the Properties Index dropped 1.96% to 1176.72 points and the Plantation Index down 1.11% to 7894.12 points. The market traded within a range of 24.52 points between an intra-day high of 1820.37 and a low of 1795.85 during the session.
Actively traded stocks include SUMATEC, NETX, SAPNRG, HIBISCS, UMWOG, NICORP, HUAAN, AAX, BORNOIL and MRCB. Trading volume increased to 5205.47 mil shares worth RM5322.64 mil as compared to Monday’s 2656.83 mil shares worth RM2846.85 mil.
Leading Movers were KLCC (+0 sen to RM7.70), MAYBANK (+2 sen to RM10.00), PETCHEM (+2 sen to RM8.00), PPB (+8 sen to RM17.36) and SIMEPLT (+3 sen to RM5.46). Lagging Movers were HAPSENG (-65 sen to RM9.05), YTL (-10 sen to RM1.40), HLFG (-98 sen to RM18.00), PETGAS (-92 sen to RM17.12) and AXIATA (-25 sen to RM5.37). Market breadth was negative with 121 gainers as compared to 1215 losers.
The KLCI tumbled and by dropped 40.62 points to close at 1812.45 amid significant losses in US market. The performance of our local bourse was bogged down by negative sentiment worldwide.
Date As of: 06 February 2018
Description Volume Value Frequency
ETF 922,600 148,677,200 92
Stock 23,203,506,865 15,471,886,914,958 467,329
Right 393,009,856 1,180,251,456 189
Warrant 75,273,900 16,813,784,700 2,853
Total 23,672,713,221 15,490,029,628,314 470,463
As of 6 February 2018 Unit: M.Baht
Type Buy Sell Net
Institution 12,380.42 16,824.13 -4,443.71
Proprietary 17,321.28 18,272.79 -951.51
Foreign 36,238.41 38,437.37 -2,198.95
Individual 58,558.06 50,963.89 7,594.17
Total Trading Value 124,498.18 M.Baht
SE Asia Stocks-End lower for 2nd session; Vietnam down over 3 percent
Southeast Asian shares shed most of January's gains and ended lower for a second straight session on Tuesday as an overnight plunge on Wall Street triggered a rout in equities worldwide.
Most markets, however, staged a partial recovery towards the end of the session after U.S. stock futures ESc1 changed course to rise 1.3 percent during Asia trading hours, signalling a likelihood of recouping losses when Wall Street opens.
Asian shares ended lower, with the MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS sliding 3.5 percent.
The market reaction is slightly exaggerated, said Taye Shim, head of research at Mirae Asset Sekuritas.
"We are looking at situations where prices seem to have picked up a bit fast. However, I do not believe we are in a
The correction is likely to continue for a while and presents a good opportunity for investors to collect attractive
assets, added Shim.
The Philippine main index .PSI closed 0.8 percent lower, after dropping as much as 2.7 percent earlier, as financials
Philippine annual inflation accelerated much faster than expected in January, data showed, increasing the chances of an interest rate hike this week.
Aboitiz Equity Ventures Inc AEV.PS , down over 4 percent, was the top loser. The Bank of the Philippine Islands BPI.PS slid 3.1 percent while Ayala Corp AC.PS hit a two-month low.
Singapore shares .STI dropped 2.2 percent to a one-month low, as financials fell.
Oversea-Chinese Banking Corp OCBC.SI and United Overseas Bank Ltd UOBH.SI marked their steepest drop in over 2-1/2 years while DBS Group Holdings DBSM.SI dived as much as 4.3 percent.
Indonesian shares .JKSE ended 1.7 percent lower after shedding as much as 2.5 percent.
"The Indonesian market is a little stronger, less impacted by the market retreat. But obviously, the strength in the
fundamentals of the economy is putting up well," said Shim.
Vietnam .VNI , which as of Friday's close was the only Southeast Asian stock market with double-digit percentage gains this year, slumped 3.5 percent in the session, at a month's low.
While Thai .SETI and Malaysian .KLSE shares gave away 1.2 percent and 2.2 percent, respectively.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3406.38 3482.93 -2.20
Bangkok 1788.43 1810.32 -1.21
Manila 8550.42 8616 -0.76
Jakarta 6478.543 6589.675 -1.69
Kuala Lumpur 1812.45 1853.07 -2.19
Ho Chi Minh 1011.6 1048.71 -3.54