ASEAN KEY DESTINATIONS
12 July 2016
The Straits Times Index (STI) ended 25.68 points or 0.89% higher to 2901.82, taking the year-to-date performance to +0.66%.
The top active stocks today were SingTel, which gained 1.89%, DBS, which gained 0.38%, UOB, which gained 0.93%, Noble, which gained 6.10% and OCBC Bank, with a 0.80% advance.
The FTSE ST Mid Cap Index gained 1.03%, while the FTSE ST Small Cap Index rose 0.52%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 2.92%. The two biggest stocks of the Index - Silverlake Axis and CSE Global – ended 3.60% higher and 2.22% higher respectively.
The underperforming sector was the FTSE ST Utilities Index, which slipped 0.21%. Keppel Infrastructure Trust shares declined 0.98% and SIIC Environment Holdings remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India 100 (+0.85%)
STI ETF (+0.69%)
SPDR Gold Shares (-0.27%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.64%)
CapitaMall Trust (-0.46%)
Suntec REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (unchanged)
OCBC Bk MBeCW161004 (+6.85%)
DBS MB ePW161003 (-3.39%)
Singapore Stock Market
*ST Index 2,901.82 +25.68 2,876.14 +29.1
Volume: 1,777.1M 1,390.6M
Value: $1,094M $927.8M
Gainers/Losers: 274/159 243/168
Daily Market Commentary (Securities)
12 July 2016
The FBM KLCI index gained 0.10 points or 0.01% on Tuesday. The Finance Index fell 0.06% to 14274.24 points, the Properties Index dropped 0.12% to 1130.86 points and the Plantation Index down 0.22% to 7558.76 points. The market traded within a range of 7.47 points between an intra-day high of 1655.35 and a low of 1647.88 during the session.
Actively traded stocks include DNEX-OR, BORNOIL, HSI-H27, AIRASIA, AAX, TRIVE, JAG, VIVOCOM-WB, VIVOCOM and HSI-H21. Trading volume decreased to 1602.50 mil shares worth RM1597.54 mil as compared to Monday’s 1602.50 mil shares worth RM1597.54 mil.
Leading Movers were SKPETRO (+3 sen to RM1.43), SIME (+12 sen to RM7.57), ASTRO (+2 sen to RM2.91), RHBBANK (+3 sen to RM5.15) and GENM (+2 sen to RM4.30). Lagging Movers were PETCHEM (-11 sen to RM6.52), MAXIS (-9 sen to RM6.00), AMMB (-5 sen to RM4.36), KLCC (-6 sen to RM7.70) and KLK (-12 sen to RM23.18). Market breadth was positive with 374 gainers as compared to 369 losers.
The KLCI ended flat with 0.10 points higher to 1653.97 points amid overnight gains in Wall Street. The performance of our local bourse was limited as profit taking kicked in.
Date As of: 12 July 2016
Description Volume Value Frequency
ETF 119,700 60,911,000 17
Stock 7,757,576,456 9,427,825,520,573 365,929
Warrant 36,679,975 505,881,725 424
Total 7,794,376,131 9,428,392,313,298 366,370
As of 12 July 2016 Unit: M.Baht
Type Buy Sell Net
Institution 6,982.37 8,788.31 -1,805.94
Proprietary 7,728.67 7,986.77 -258.11
Foreign 16,940.36 13,686.16 3,254.19
Individual 36,706.39 37,896.54 -1,190.15
Total Trading Value 68,357.78 M.Baht
SE Asia Stocks-Higher on Wall Street rally, stimulus hopes
Southeast Asian stocks closed higher on Tuesday, in line with Asian peers, as risk appetite improved after an overnight rally on Wall Street and as a new round of monetary easing from Japan raised expectations of more stimulus from global policy makers.
The U.S. benchmark S&P 500 stock index .SPX set record intraday and closing highs on Monday as last week's strong
monthly U.S. jobs report worked its way into financial markets.
In Japan, Prime Minister Shinzo Abe ordered a new round of fiscal stimulus spending after a crushing election victory over
the weekend as evidence mounted the corporate sector is floundering due to weak demand.
"Markets seem to be bullish about more stimulus coming from Japan," said a Singapore-based analyst who did not want to be
While Abe did not give details on the size of the package, it is widely expected to reach 10 trillion yen ($97.5 billion).
Separately, the Bank of England meets on Thursday, and Governor Mark Carney has already signalled that the BoE will cut
rates below their already record low levels over the summer and possibly resume its 375 billion-pound bond-buying programme.
Indonesia .JKSE extended gains to a more than 1-year high, driven by financial stocks.
Bank Central Asia BBCA.JK and Bank Danamon Tbk BDMN.JK gained 1.9 percent each. Bank Mandiri (Persero) Tbk PT BMRI.JK finished about 5 percent higher.
Bank Central Asia and Bank Danamon are expected to be among lenders named by Indonesia's government to manage funds
repatriated due to a tax amnesty that is expected to attract billions of dollars in assets.
The Philippine index .PSI rose for a third session, with financial stocks accounting for more than half the gains.
The Philippines' central bank governor said its monetary policy stance remains appropriate, citing ample liquidity in the
market and manageable inflation.
Metropolitan Bank and Trust Co MBT.PS finished 3.3 percent higher.
Singapore's Straits Times Index .STI gained 0.9 percent, Malaysia .KLSE was flat, while Vietnam .VNI recovered in
late trading to close higher.
Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS climbing 0.9
percent to its highest since late April.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 2901.82 2876.14 0.89
Bangkok 1474.92 1468.39 0.44
Manila 7937.95 7865.27 0.92
Jakarta 5099.533 5069.019 0.60
Kuala Lumpur 1653.97 1653.87 0.01
Ho Chi Minh 658.9 652.26 1.02