ASEAN KEY DESTINATIONS
03 January 2017
The Straits Times Index (STI) ended 18.21 points or 0.63% higher to 2898.97, taking the year-to-date performance to +0.56%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 0.12%, Singtel, which closed unchanged, OCBC Bank, which gained 0.67%, UOB, which gained 0.05% and Ascendas REIT, with a 2.20% advance.
The FTSE ST Mid Cap Index gained 0.60%, while the FTSE ST Small Cap Index rose 0.29%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.68%)
IS MSCI India (unchanged)
SPDR Gold Shares (-0.62%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+2.20%)
CapitaLand Commercial Trust (+0.68%)
CapitaLand Mall Trust (+2.12%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW170703 (+0.92%)
DBS MB eCW170710 (-8.11%)
OCBC Bk MB eCW171002 (+2.17%)
Singapore Stock Market
*ST Index 2,898.97+18.21 2,880.76-8.39
Volume: 1,757.2M 1,414.5M
Value: $797.6M $820.1M
Gainers/Losers: 242/158 243/169
Daily Market Commentary (Securities)
3 Jan 2017
The FBM KLCI index lost 6.20 points or 0.38% on Tuesday. The Finance Index fell 0.53% to 14306.42 points, the Properties Index up 0.06% to 1128.34 points and the Plantation Index rose 0.54% to 7790.58 points. The market traded within a range of 6.89 points between an intra-day high of 1637.56 and a low of 1630.67 during the session.
Actively traded stocks include SUMATEC, REACH-WA, PERISAI, HIBISCS, SUMATEC-WB, THHEAVY, EAH, BORNOIL, TRIVE and ARMADA. Trading volume increased to 1667.28 mil shares worth RM1069.52 mil as compared to Friday’s 1453.52 mil shares worth RM1761.76 mil.
Leading Movers were HLFG (+32 sen to RM14.54), WPRTS (+5 sen to RM4.35), SIME (+9 sen to RM8.19), IJM (+3 sen to RM3.23) and IOICORP (+3 sen to RM4.43). Lagging Movers were KLCC (-41 sen to RM7.89), AXIATA (-20 sen to RM4.52), MAYBANK (-19 sen to RM8.01), HLBANK (-20 sen to RM13.30) and GENTING (-10 sen to RM7.90). Market breadth was positive with 446 gainers as compared to 361 losers.
The KLCI ended lower at 1635.53 points on the first day of trading for 2017 amid overnight losses in US market. The performance of our benchmark index was dragged down by losses in heavyweight counters such as Axiata, Maybank and Hong Leong Bank Berhad.
Date As of: 03 January 2017
Description Volume Value Frequency
ETF 9,500 7,355,600 07
Stock 5,905,361,597 4,608,280,475,965 174,696
Warrant 45,019,270 1,179,238,650 641
Total 5,950,390,367 4,609,467,070,215 175,344
SE Asia Stocks-Vietnam rises over 1 pct; Philippines pares losses
Vietnam shares rose for a third straight session on Tuesday led by banking stocks while other markets in the region ushered in the new year on a lacklustre note.
Vietnam shares .VNI gained 1.1 percent with Joint Stock Commercial Bank for Foreign Trade of Viet Nam VCB.HM rising over 5 percent to its highest in two months while Vietnam Joint Stock Commercial Bank for Industry and Trade CTG.HM hit its highest level in a month, rising 7 percent.
"I think it's the banking sector which seems to be really what's driving the index today and I think it's a little bit of
a catch-up rally," said Fiachra Mac Cana, head of research at Ho Chi Minh Securities.
Sentiment was also aided by positive factory data earlier in the day that showed new export orders jumped to their highest since 2011.
Philippine shares .PSI pared losses to end the day in positive terrain, rising 0.3 percent, on some interest from
"Mainly I think it is net foreign buying of almost 300 million pesos today, which is a reversal from the trend of the
past few weeks which saw significant net foreign selling," said Victor Felix, an analyst at AB Capital Securities.
Consumer stocks led the gains with conglomerate JG Summit Holdings Inc JGS.PS and Jollibee Foods Corp JFC.PS climbing over 3 percent each.
Singapore stocks .STI also recovered, ending the day up 0.6 percent after fourth-quarter gross domestic product beat
expectations, helped by a rebound in manufacturing.
Industrials and real estate stocks led the gains with Jardine Matheson Holdings Ltd JARD.SI adding 3.4 percent, its
highest in over two months while Hongkong Land Holdings Ltd HKLD.SI rose 2.8 percent.
Indonesia .JKSE and Malaysia .KLSE ended their first day of trade in 2017 down 0.4 percent each, as factory activity in both countries contracted in December.
Sentiment in Indonesia further soured as the finance ministry said on Tuesday that Indonesia's budget deficit in 2016
was 2.46 percent of gross domestic product, slightly bigger than forecast in the government's revised budget in June.
Thailand was closed for a holiday.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 2898.97 2880.76 0.63
Manila 6861.31 6840.64 0.30
Jakarta 5275.971 5296.711 -0.39
Kuala Lumpur 1635.53 1641.73 -0.38
Ho Chi Minh 672.01 664.87 1.07