ASEAN KEY DESTINATIONS
14 July 2017
The Straits Times Index (STI) ended 51.76 points or 1.6% higher to 3287.43, taking the year-to-date performance to +14.12%. For longer term observations please go to sgx.com/research.
The top active stocks today were Global Logistic, which gained 21.85%, Singtel, which gained 1.30%, OCBC Bank, which gained 1.28%, DBS, which gained 0.33% and United Engineers, with a 1.48% fall.
The FTSE ST Mid Cap Index gained 0.78%, while the FTSE ST Small Cap Index rose 0.36%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.91%)
IS MSCI India (+0.12%)
SPDR Gold Shares (-0.23%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.39%)
CapitaLand Mall Trust (+0.76%)
Suntec REIT (+1.34%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW171016 (+9.84%)
DBS MB eCW171016 (+4.84%)
OCBC Bk MB eCW171201 (+7.02%)
Singapore Stock Market
*ST Index 3,287.43 +51.76 3,235.67 +26.76
Volume: 2,677.3M 2,383.1M
Value: $1,842.7M $1,097.7M
Gainers/Losers: 290/164 255/198
Daily Market Commentary (Securities)
14 July 2017
The FBM KLCI index gained 1.22 points or 0.07% on Friday. The Finance Index fell 0.01% to 16671.65 points, the Properties Index dropped 0.11% to 1269.72 points and the Plantation Index down 0.16% to 7854.32 points. The market traded within a range of 5.55 points between an intra-day high of 1757.24 and a low of 1751.69 during the session.
Actively traded stocks include VIVOCOM, VIVOCOM-WB, MLAB, BORNOIL, BORNOIL-WD, SYSTECH, FRONTKN, STERPRO, EKOVEST and UMWOG. Trading volume increased to 2375.51 mil shares worth RM1913.44 mil as compared to Thursday’s 1738.48 mil shares worth RM2020.61 mil.
Leading Movers were GENTING (+31 sen to RM9.55), PETGAS (+22 sen to RM18.80), KLCC (+8 sen to RM7.90), GENM (+4 sen to RM5.74) and AMMB (+3 sen to RM5.10). Lagging Movers were DIGI (-7 sen to RM4.66), PETCHEM (-10 sen to RM6.85), ASTRO (-2 sen to RM2.56), YTL (-1 sen to RM1.47) and AXIATA (-3 sen to RM4.60). Market breadth was negative with 369 gainers as compared to 469 losers.
The KLCI closed flat with 1.22 points higher at 1755.00 points amid overnight gain in US market. Market sentiment remains muted amid absence of fresh market leads.
Date As of: 14 July 2017
Description Volume Value Frequency
ETF 439,600 44,431,900 31
Stock 5,205,316,432 4,901,189,108,360 207,410
Right 519,814,733 900,452,533 1,180
Warrant 98,215,200 3,881,427,000 3,438
Total 5,823,785,965 4,906,015,419,793 212,059
As of 14 July 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,434.99 4,926.87 -491.88
Proprietary 3,823.49 3,354.73 468.76
Foreign 12,544.78 12,158.34 386.44
Individual 13,937.03 14,300.35 -363.32
Total Trading Value 34,740.29 M.Baht
SE Asia Stocks-S'pore posts 2-yr closing high; Global Logistic Properties surges
Singapore shares closed at their highest level in nearly two years on Friday, propped by warehouse operator Global Logistic Properties GLPL.SI and as investors heaved a sigh of relief after quarterly economic growth data
showed the city-state narrowly dodged a recession.
Global Logistic Properties, Asia's No. 1 warehouse operator, surged as much as 23 percent to a record high after it agreed to be acquired by a Chinese private equity consortium backed by senior GLP executives for roughly S$16 billion ($11.65 billion).
Singapore's GDP expanded 0.4 percent in the April-June period from the previous quarter on an annualised and seasonally adjusted basis, helped by solid global demand for its tech products, but was lower than a median forecast of 1.1 percent in a Reuters poll.
Singapore shares .STI closed 1.6 percent higher, posting their third straight weekly gain.
Among other Southeast Asian stock markets, the Philippines .PSI ended 0.6 percent lower, dragged down by property and financial stocks. Property developer SM Prime Holdings SMPH.PS fell 1.8 percent, while Ayala Corp AC.PS and Metropolitan Bank and Trust Co MBT.PS declined 2 percent and 2.4 percent, respectively.
The Philippine stock index nearly hit the 8,000 resistance level in the previous session, so investors may be just trying
to lock in some profits, said Charles Ang, an analyst with Manila-based COL Financial.
Philippine shares closed the week marginally lower after rising for two consecutive weeks.
Indonesian shares .JKSE came off early falls to end the session flat. Unilever Indonesia UNVR.JK , which fell as much as 1.7 percent, rose in last-minute buying to finish 0.2 percent higher.
Thai shares .SETI closed the week higher after two straight falls, while Vietnam .VNI ended 0.2 percent higher.
Malaysian shares .KLSE closed slightly higher on Friday, but posted their fourth straight weekly decline. Genting Bhd
GENT.KL gained 3.4 percent, while Petronas Chemicals Group PCGB.KL and DiGi.Com DSOM.KL fell 1.4 percent and 1.5 percent, respectively.
Meanwhile, investors are awaiting a host of U.S. economic indicators, including core inflation, retail sales and
industrial production, for June later in the session for more insight into how the Federal Reserve might proceed with monetary policy tightening this year.
($1 = 1.3738 Singapore dollars)
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 3287.43 3235.67 1.60
Bangkok 1577.79 1579.41 -0.10
Manila 7885.9 7936.85 -0.64
Jakarta 5831.795 5830.044 0.03
Kuala Lumpur 1755 1753.78 0.07
Ho Chi Minh 777.6 778.3 -0.09