ASEAN KEY DESTINATIONS
07 February 2018
The Straits Times Index (STI) ended 22.61 points or 0.66% lower to 3383.77, taking the year-to-date performance to +0.56%. For more observations, please go to sgx.com/research
The top active stocks today were DBS, which declined 1.40%, Singtel, which gained 0.59%, OCBC Bank, which declined 0.66%, UOB, which declined 1.47% and Keppel Corp, with a 0.24% advance.
The FTSE ST Mid Cap Index gained 0.21%, while the FTSE ST Small Cap Index rose 0.70%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.59%)
DBXT MSCI Indonesia ETF (+0.84%)
DBXT S&P Cnx Nifty ETF (+2.49%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (+2.31%)
Ascendas REIT (+0.76%)
CapitaLand Mall Trust (+1.50%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180810 (-5.71%)
KepCorp MBeCW180910 (-1.91%)
DBS MB eCW180416 (-20.90%)
Singapore Stock Market
*ST Index 3,383.77 -22.61 3,406.38 -76.55
Volume: 2,628.8M 3,763.5M
Value: $2,213.5M $2,865.6M
Gainers/Losers: 258/256 90/518
Daily Market Commentary (Securities)
07 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 15.28 points between an intra-day high of 1841.08 and a low of 1825.80 during the session.
Actively traded stocks include SUMATEC, SAPNRG, HIBISCS, PDZ-WB, HUAAN, BORNOIL, PUC, UMWOG, HIS-C1X and NETX. Trading volume decreased to 3317.65 mil shares worth RM3508.28 mil as compared to Monday’s 5205.47 mil shares worth RM5322.64 mil.
Leading Movers were ASTRO (+7 sen to RM2.49), PMETAL (+24 sen to RM5.49), MAXIS (+13 sen to RM5.88), YTL (+10 sen to RM1.40) and CIMB (+22 sen to RM6.87). Lagging Movers were GENTING (-17 sen to RM9.19), SIME (-9 sen to RM2.84), HAPSENG (-65 sen to RM9.05), PETCHEM (-2 sen to RM8.00) and TM (-16 sen to RM5.97). Market breadth was positive with 625 gainers as compared to 460 losers.
The KLCI surged and closes 24.23 points higher to 1836.68 amid overnight performance in US market. The performance of our local bourse was lifted by buying interest on heavy weight counter led by Astro.
Description Volume Value Frequency
ETF 572,700 113,247,400 29
Stock 14,326,261,361 9,107,749,800,024 391,872
Right 4,695,600 778,224,900 191
Warrant 55,791,200 11,103,149,600 1,985
Total 14,387,320,861 9,119,744,421,924 394,077
As of 7 February 2018 Unit: M.Baht
Type Buy Sell Net
Institution 10,810.66 7,123.65 3,687.00
Proprietary 8,018.94 9,898.96 -1,880.02
Foreign 24,517.71 28,054.30 -3,536.58
Individual 30,522.95 28,793.35 1,729.60
Total Trading Value 73,870.26 M.Baht
SE Asia Stocks-Most rebound; gains capped as U.S futures slide
Southeast Asian share markets except Singapore rebounded on Wednesday after two days of hefty losses, but gains were largely capped as U.S stock futures dipped during late Asian trading hours.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged higher as a late rebound on Wall Street overnight helped soothe frayed nerves, though many kept a wary eye on S&P E-Mini futures ESc1 which slipped about a percent, signalling the likelihood of more volatility ahead.
"The low volatility regime is likely dead - 2017 and early 2018 were a crazy anomaly. So far, the blow-up is scary but has been relatively contained," said Peter Garny, Head of Equity Strategy at Saxo Bank, in a note.
Philippine shares .PSI closed 1.4 percent higher at 8,667.56 points with financials leading the gains.
"There is a strong resistance at around 8,700 points. That will be barrier for the market in the near-term," said Manny
Cruz, an analyst with Asiasec Equities Inc in Manila.
Although inflation sharply picked up in January, the Philippine central bank is seen edging closer to its first rate
hike in over three years.
Ayala Land Inc ALI.PS , up 2.7 percent, was the top gainer while lenders Ayala Corp AC.PS and BDO Unibank Inc BDO.PS
were up between 2 percent and 3 percent.
Indonesian shares .JKSE ended 0.9 percent higher after the International Monetary Fund said the country's annual economic growth will gradually rise to about 5.6 percent.
Bank Negara Indonesia (Persero) Tbk PT BBNI.JK , up 5.2 percent, and Unilever Indonesia Tbk PT UNVR.JK , up 1.4 percent, were the top gainers.
An index of the country's most liquid stocks climbed a percent.
Malaysian shares .KLSE rose 1.3 percent, as investors brushed aside data which showed December exports rose at a much slower pace for a second straight month.
Singapore shares .STI closed 0.7 percent lower as financial weighed.
"Investors are reacting to the prospect of high interest rates in light of the fact that rates are reaching levels that
investors are uncomfortable with and they are taking money off the table from companies that are more sensitive," said Liu Jinshu, director of research at NRA Capital in Singapore.
Top lenders DBS Group Holdings DBSM.SI and United Overseas Bank UOBH.SI fell around 1.4 percent while Oversea-Chinese Banking Corporation OCBC.SI dropped 0.7 percent.
Vietnamese shares .VNI jumped 2.9 percent after shedding 8.5 percent in the previous two sessions.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3383.77 3406.38 -0.66
Bangkok 1785.44 1788.43 -0.17
Manila 8667.56 8550.42 1.37
Jakarta 6534.869 6478.543 0.87
Kuala Lumpur 1836.68 1812.45 1.34
Ho Chi Minh 1040.55 1011.6 2.86