ASEAN KEY DESTINATIONS
08 January 2018
The Straits Times Index (STI) ended 22.73 points or 0.65% higher to 3512.18, taking the year-to-date performance to +3.21%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 0.49%, CapitaLand, which gained 1.92%, UOB, which gained 1.26%, OCBC Bank, which gained 0.31% and Singtel, with a 0.83% advance.
The FTSE ST Mid Cap Index gained 0.08%, while the FTSE ST Small Cap Index rose 0.21%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.57%)
SPDR Gold Shares (-0.11%)
Ishares Usd Asia Hy Bond ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Suntec REIT (-0.46%)
CapitaLand Commercial Trust (+0.51%)
Frasers L&I Tr (-0.85%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180416 (+5.00%)
OCBC Bk MB eCW180702 (+1.39%)
UOB MB eCW180412 (+12.39%)
Singapore Stock Market
*ST Index 3,512.18 +22.73 3,489.45 -11.71
Volume: 1,882.8M 1,965M
Value: $943.8M $1,125.3M
Gainers/Losers: 258/161 217/192
Daily Market Commentary (Securities)
8 January 2018
The FBM KLCI index gained 14.18 points or 0.78% on Monday. The Finance Index increased 0.90% to 17240.47 points, the Properties Index up 0.65% to 1242.96 points and the Plantation Index rose 1.12% to 8094.39 points. The market traded within a range of 19.12 points between an intra-day high of 1832.15 and a low of 1813.03 during the session.
Actively traded stocks include SAPNRG, UMWOG, PA, XOX, SUMATEC, PWORTH, BORNOIL, PA-WB, NETX and TRIVE. Trading volume increased to 6964.57 mil shares worth RM4589.52 mil as compared to Friday’s 5835.82 mil shares worth RM3943.37 mil.
Leading Movers were PETGAS (+84 sen to RM19.20), YTL (+4 sen to RM1.42), TM (+16 sen to RM6.18), HLBANK (+40 sen to RM17.60) and ASTRO (+6 sen to RM2.78). Lagging Movers were GENTING (-12 sen to RM9.50), DIGI (-2 sen to RM4.87), GENM (-2 sen to RM5.78), KLCC (-2 sen to RM7.80) and AXIATA (-1 sen to RM5.68). Market breadth was positive with 853 gainers as compared to 312 losers.
The KLCI closed higher at 1832.15 points amid last Friday’s gains in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters such as Petronas Gas, YTL Corp and TM.
Date As of: 08 January 2018
Description Volume Value Frequency
ETF 10,931,400 1,107,740,100 44
Stock 11,300,161,102 7,618,040,999,208 352,980
Warrant 2,154,735,779 393,190,705,096 3,220
Total 13,465,828,281 8,012,339,444,404 356,244
SET welcomes "AIM Industrial Growth REIT" as first IPO of 2018
BANGKOK, January 8, 2018 - The Stock Exchange of Thailand (SET) will list AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust worth THB 1.55 billion (approx. USD 46.97 million) on January 9, 2018, under the ticker symbol " AIMIRT".
SET Senior Executive Vice President Santi Kiranand said that AIMIRT will be listed and start trading under Property & Construction industry, Property Fund & REITs sector, on January 9, 2018. AIMIRT has initially invested in the freehold of the immovable assets (such as land, cold storage buildings and warehouses), and movable assets in cold storages of JWD Infologistics pcl's group as well as immovable assets (such as land and warehouses) in TIP 7 project of TIP Holding Co., Ltd. (TIP).
AIMIRT offered 155 million units at THB 10.00 each, for a total of THB 1.55 billion, to the group of sponsors and/or concert parties, sponsors' patronages, institutional investors and underwriters' patronages during December 15 and 18-20, 2017. AIM REIT Management Co., Ltd. is its REIT Manager. SCB Asset Management Co., Ltd. is its trustee. Maybank Kim Eng Securities (Thailand) pcl and Krungsri Securities pcl are its underwriters, while Maybank Kim Eng Securities (Thailand) pcl and Bank of Ayudhya pcl are its financial advisors.
AIMIRT has initially invested in the leasehold rights of immovable assets such as lands, cold storage buildings and warehouses and movable assets in cold storage in four projects namely Pacific Cold Storage, JWD Pacific, Datasafe and TIP 7 projects, with a combined leasable area of approximately 58,559 sq.m., average building age of 3.26 years (as of June 30, 2017) and 100 percent occupancy rate.
AIM REIT Management Chief Executive Officer Amorn Chulaluksananukul said AIMIRT has initially invested in the 100 percent stake of cold storage and warehouse located in Thailand's strategic locations that are hubs for transportation, production, seafood product distribution and processing food, well-situated near
Suvarnabhumi Airport and Laem Chabang Deepsea Port. JWD Infologistics pcl's group will lease back cold storage and warehouse assets in Pacific Cold Storage (PCS), JWD Pacific (JPAC), and Datasafe projects from AIMIRT for its warehouse and storage business operations for 10 years, with an option to renew contract of PCS and JPAC projects for two terms of 10 years each. In addition, TIP has also made an agreement to guarantee annual rental and service fees on a quarterly basis for the first three years to support any shortfall from revenue projection. This would ensure that the REIT will generate stable revenue and provide opportunity of good and steady returns in the long run for unit holders.
AIMIRT's dividend policy is to pay quarterly at no less than 90 percent of the adjusted net profit of its financial year. AIMIRT's major unit holders after its IPO are JWD Infologistics pcl (10.00 percent), Kraisakdawat Family (7.29 percent), and Thai Life Insurance pcl (6.92 percent).
For more information on AIMIRT, please see the company's prospectus at the Securities and Exchange Commission's website at www.sec.or.th ; and for general information, please visit www.aimirt.com , as well as www.set.or.th .
SOUTHEAST ASIAN STOCK MARKETS
As of 8 January 2018 Unit: M.Baht
Type Buy Sell Net
Institution 8,952.51 8,345.18 607.33
Proprietary 11,125.24 9,876.13 1,249.11
Foreign 24,168.57 27,500.33 -3,331.76
Individual 34,104.26 32,628.95 1,475.31
Total Trading Value 78,350.59 M.Baht
SE Asia Stocks-Most gain; Vietnam hits 10-year closing high
Most Southeast Asian stock markets ended higher on Monday tracking broader Asia and on expectations of
strong first-quarter earnings, while Vietnam recorded its highest close in more than a decade.
MSCI's broadest index of Asia-Pacific shares outside Japan crept towards an all-time peak, with brisk
economic growth and benign inflation adding to the risk appetite, while U.S. stocks notched their best weekly gains in more than a year on Friday.
In Southeast Asia, ahead of the results season, there is positive expectation about first-quarter earnings, said Joel Ng,
an analyst at KGI Securities in Singapore.
Vietnam stocks .VNI erased early losses and ended one percent firmer at 1,022.90, their highest since November 2007, helped by gains in energy and basic materials.
Vietnam National Petroleum Group PLX.HM ended 6.3 percent higher while steel maker Hoa Phat Group JSC HPG.HM climbed 3.1 percent to a record close.
The Malaysian index .KLSE added 0.8 percent to 1,832.15, its highest since April 2015, as energy stocks such as Petronas Gas Bhd PGAS.KL climbed on firmer global oil prices.
Singapore shares .STI gained 0.7 percent to their highest in nearly 32 months, driven by financial and industrial stocks.
Real estate firm CapitaLand Ltd CATL.SI ended 1.9 percent up, while Jardine Strategic Holdings Ltd JSH.SI gained 1.7 percent.
Indonesian shares .JKSE rose for a third straight session, closing 0.5 percent higher, with energy and industrial stocks accounting for most of the gains. Adaro Energy Tbk PT ended up 8.5 percent.
An index of the country's 45 most liquid stocks rose 0.6 percent.
Philippine shares .PSI erased early gains to close 0.3 percent lower with financials and real estate stocks accounting
for more than half of the losses.
"I think it is a correction after last week's run up. I think we can go down a little further," said Joseph Roxas,
president at Manila-based Eagle Equities.
Meanwhile, Thai shares .SETI gave up gains towards the end of the session and closed 0.15 percent lower as consumer staples and energy stocks fell.
CP ALL PCL CPALL.BK and PTT Exploration and Production PCL PTTEP.BK lost 1.6 percent and 1.4 percent, respectively.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 3512.18 3489.45 0.65
Bangkok 1792.81 1795.45 0.15
Manila 8745.12 8770 -0.28
Jakarta 6385.404 6353.738 0.50
Kuala Lumpur 1832.15 1817.97 0.78
Ho Chi Minh 1022.9 1012.65 1.01