ASEAN KEY DESTINATIONS
22 July 2016
The Straits Times Index (STI) ended 4.87 points or 0.17% higher to 2945.35, taking the year-to-date performance to +2.17%.
The top active stocks today were Singtel, which gained 1.66%, DBS, which declined 0.06%, Wilmar Intl, which declined 0.97%, UOB, which gained 0.26% and ComfortDelGro, with a 1.73% fall.
The FTSE ST Mid Cap Index declined 0.84%, while the FTSE ST Small Cap Index declined 0.24%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 1.48%. The two biggest stocks of the Index - Singtel and StarHub – ended 1.66% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Oil & Gas Index, which slipped 1.45%. Keppel Corp shares declined 1.43% and Sembcorp Industries declined 0.35%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Nikko AM Singapore STI ETF (-0.33%)
SPDR Gold Shares (+0.21%)
DBXT MSCI Taiwan ETF (-0.59%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.61%)
Suntec REIT (-2.52%)
CapitaLand Commercial Trust (-1.28%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW161031 (-6.86%)
OCBC Bk MBeCW161004 (-6.98%)
OCBC Bk MBeCW170118 (-6.25%)
Singapore Stock Market
*ST Index 2,945.35 +4.87 2,940.48 -5.26
Volume: 1,094.6M 965.9M
Value: $949.4M $1,052.2M
Gainers/Losers: 167/184 215/209
Daily Market Commentary (Securities)
22 July 2016
The FBM KLCI index lost 0.12 points or 0.01% on Friday. The Finance Index fell 0.34% to 14101.64 points, the Properties Index up 0.31% to 1164.95 points and the Plantation Index down 0.11% to 7574.5 points. The market traded within a range of 7.86 points between an intra-day high of 1659.76 and a low of 1651.90 during the session.
Actively traded stocks include SANICHI, THHEAVY, BORNOIL-WC, VIVOCOM, HIAPTEK, EKA, AAX, VIVOCOM-WB, KNM and CENSOF-WB. Trading volume decreased to 1380.67 mil shares worth RM1409.94 mil as compared to Thursday’s 1812.37 mil shares worth RM1701.70 mil.
Leading Movers were YTL (+5 sen to RM1.69), GENTING (+21 sen to RM8.89), AXIATA (+4 sen to RM5.73), SIME (+5 sen to RM7.65) and TENAGA (+6 sen to RM14.32). Lagging Movers were PPB (-28 sen to RM15.84), HLBANK (-18 sen to RM13.10), GENM (-6 sen to RM4.40), PETGAS (-24 sen to RM22.02) and MAXIS (-6 sen to RM6.00). Market breadth was positive with 397 gainers as compared to 340 losers.
The KLCI ended the week on a negative note, closed lower at 1657.42 points amid overnight losses in Wall Street. Our benchmark index was dragged down by losses in heavyweight counters such as Genting Malaysia and Maxis.
Date As of: 22 July 2016
Description Volume Value Frequency
ETF 700 485,400 04
Stock 5,662,954,793 5,986,275,793,256 229,966
Right 22,135,600 22,135,600 39
Warrant 6,864,500 854,319,900 313
Total 5,691,955,593 5,987,152,734,156 230,322
As of 22 July 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,769.62 6,128.32 -1,358.70
Proprietary 6,972.87 5,817.53 1,155.34
Foreign 14,555.83 12,546.73 2,009.10
Individual 27,069.60 28,875.34 -1,805.74
Total Trading Value 53,367.92 M.Baht
SE Asia Stocks-Most down ahead of BOJ policy decisions, weak Wall Street
Most Southeast Asian stocks markets ended lower on Friday after weak U.S. corporate results, and as
statements from the Bank of Japan governor hinting at no plans to expand stimulus programmes hurt investor sentiment.
In a BBC interview broadcast on Thursday, BOJ Governor Haruhiko Kuroda ruled out the idea of using "helicopter money"
to combat deflation, as policymakers in Tokyo gear up to expand existing stimulus programmes.
"Regional markets are taking cues from the decline in Wall Street. Corporate earnings have failed to impress investors, and
that has led to a downdip on sentiment in Asian markets," said Manny Cruz, an analyst with Asiasec Equities Inc in Manila.
"It seems that plans for further stimulus in Japan have started waning and monetary easing cannot be supported at this
time, which resulted in the weakness in our markets. Japan may wait for further cues before engaging in monetary easing," he
Analysts said investor confidence also took a beating on expectations of a hawkish stance from Federal Reserve chair
Janet Yellen at the FOMC meeting on July 27.
"While the probability of a hike remains below 10 percent on July 27, Fed is gaining confidence that it can raise rates as
early as September," said Taye Shim, an analyst with Jakarta-based Daewoo Securities, in a note.
Vietnam .VNI fell on profit-taking, falling as much as 2.9 percent intraday. It lost 2.2 percent over the week.
Indonesia .JKSE eased 0.38 percent after its central bank left key rates unchanged on Thursday, against market
expectations for another cut.
The index gained 1.70 percent on the week.
The Philippines .PSI fell 0.9 percent, its worst intraday movement in nearly a month. The index posted marginal losses for
SOUTHEAST ASIAN STOCK MARKET
Market Current Previous Close Pct Move
Singapore 2945.35 2940.48 0.17
Bangkok 1509.13 1502.7 0.43
Manila 8025.35 8102.3 -0.95
Jakarta 5197.251 5216.973 -0.38
Kuala Lumpur 1657.42 1657.54 -0.01
Ho Chi Minh 649.87 659.57 -1.47