ASEAN KEY DESTINATIONS
13 July 2016
The Straits Times Index (STI) ended 8.83 points or 0.3% higher to 2910.65, taking the year-to-date performance to +0.97%.
The top active stocks today were SingTel, which declined 1.16%, DBS, which gained 0.88%, ComfortDelGro, which gained 3.51%, UOB, which gained 0.54% and OCBC Bank, with a 0.34% advance.
The FTSE ST Mid Cap Index gained 0.18%, while the FTSE ST Small Cap Index rose 0.17%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 1.05%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 0.82% higher and 0.27% lower respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.02%. SingTel shares declined 1.16% and StarHub improved 0.26%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India 100 (+0.28%)
SPDR Gold Shares (-1.04%)
STI ETF (+0.34%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaCom Trust (-0.65%)
Ascendas REIT (-1.21%)
CapitaMall Trust (-0.46%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (+5.95%)
OCBC Bk MBeCW161004 (+1.28%)
DBS MB ePW161003 (-10.53%)
Singapore Stock Market
*ST Index 2,910.65 +8.83 2,901.82 +25.68
Volume: 1,876.5M 1,777.1M
Value: $1,091M $1,094M
Gainers/Losers: 224/190 274/159
Daily Market Commentary (Securities)
13 July 2016
The FBM KLCI index gained 6.42 points or 0.39% on Wednesday. The Finance Index fell 0.11% to 14259.08 points, the Properties Index up 3.41% to 1169.47 points and the Plantation Index rose 0.07% to 7564.16 points. The market traded within a range of 8.32 points between an intra-day high of 1660.39 and a low of 1652.07 during the session.
Actively traded stocks include VIVOCOM, AIRASIA, BORNOIL, AAX-WA, AAX, VIVOCOM-WB, HIAPTEK, UEMS, DIGI and TRIVE. Trading volume increased to 1707.19 mil shares worth RM2369.80 mil as compared to Tuesday’s 1602.50 mil shares worth RM1597.54 mil.
Leading Movers were DIGI (+12 sen to RM4.87), GENTING (+20 sen to RM8.40), SKPETRO (+3 sen to RM1.46), YTL (+3 sen to RM1.66) and AMMB (+8 sen to RM4.44). Lagging Movers were CIMB (-6 sen to RM4.32), BAT (-72 sen to RM54.00), MAYBANK (-8 sen to RM8.12), PETGAS (-10 sen to RM22.20) and AXIATA (-2 sen to RM5.50). Market breadth was positive with 523 gainers as compared to 280 losers.
The KLCI rose to close at 1660.39 points amid overnight gains in Wall Street. The performance of our local bourse was relatively strong after BNM cut OPR by 25bps.
Date As of: 13 July 2016
Description Volume Value Frequency
ETF 8,400 5,410,800 10
Stock 7,349,348,372 7,655,107,127,409 376,777
Right 9,136,300 663,487,000 203
Warrant 46,421,500 23,239,168,600 142
Total 7,404,914,572 7,679,015,193,809 377,132
As of 13 July 2016 Unit: M.Baht
Type Buy Sell Net
Institution 9,933.61 11,756.67 -1,823.06
Proprietary 7,684.12 7,800.37 -116.25
Foreign 18,892.15 14,349.17 4,542.98
Individual 39,633.68 42,237.36 -2,603.68
Total Trading Value 76,143.57 M.Baht
SE Asia Stocks-Stimulus prospects buoy markets; Vietnam up 2.5 pct
Southeast Asian stocks rallied on Wednesday in line with Asian peers as prospects of solid U.S. growth and further monetary stimulus in major markets whetted investor risk appetite, with the Vietnam index hitting its highest in more than 8 years.
"There is quite a bit of optimism about policy stimulus in the pipeline. They are looking at BOJ (Bank of Japan) prepping
to do more. They are expecting the BOE (Bank of England) to do something tomorrow," said Vishnu Varathan, a senior economist
with Mizuho Corporate Bank in Singapore.
"So, there is an entire lineup of monetary and fiscal policy stimulus."
Markets are simmering with speculation that the BOJ will cut its inflation forecasts and expand its already massive stimulus
programme at a July 28-29 rate review, as a hit to exports from a strong yen and weak consumption has added to downward pressure
on the economy and prices.
Bank of England Governor Mark Carney said on Tuesday that a hit to Britain's economy from the Brexit referendum could prompt
the Bank to act, hinting again that more stimulus is on the way.
The BOE is due to announce whether it has cut rates or taken other action on Thursday.
Robust jobs data from the U.S. last week has also bolstered views that the U.S. economy is on a sound footing despite a slow
start to the year.
Vietnam .VNI climbed 2.5 percent to its highest since Feb. 2008, with sentiment boosted after state oil group PetroVietnam
raised the country's 2016 crude oil output target to about 17 million tonnes, higher than previously expected.
Philippine shares .PSI extended gains for a fourth straight session to close at a more-than 1-year high following a positive ruling by an international arbitration court over its claims in the South China Sea.
Indonesia .JKSE also ended at a more than 1-year high, driven by telecom and consumer stocks.
Malaysia .KLSE closed at more than 1-month high after its central bank surprised markets by cutting the key interest rate for the first time in seven years in a bid to keep the country on a "steady growth path".
Asian shares rose, with the MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS climbing as much as 0.4 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 2910.65 2901.82 0.30
Bangkok 1477.61 1474.92 0.18
Manila 7944.02 7937.95 0.08
Jakarta 5133.933 5099.533 0.67
Kuala Lumpur 1660.39 1653.97 0.39
Ho Chi Minh 675.12 658.9 2.46