ASEAN KEY DESTINATIONS
27 July 2017
The Straits Times Index (STI) ended 17.99 points or 0.54% higher to 3354.71, taking the year-to-date performance to +16.45%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 1.65%, OCBC Bank, which gained 2.13%, Singtel, which gained 0.25%, UOB, which gained 1.32% and Rowsley, with a 9.02% fall.
The FTSE ST Mid Cap Index declined 0.34%, while the FTSE ST Small Cap Index declined 1.75%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.70%)
STI ETF (+0.30%)
SPDR Gold Shares (+1.34%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
Ascendas REIT (+0.37%)
CapitaLand Commercial Trust (+0.29%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+23.08%)
OCBC Bk MB eCW171201 (+20.00%)
DBS MB ePW171204 (-11.48%)
Singapore Stock Market
*ST Index 3,354.71 +17.99 3,336.72 +8.89
Volume: 3,123.5M 2,708.2M
Value: $1,475.4M $1,174.1M
Gainers/Losers: 208/277 175/272
Daily Market Commentary (Securities)
27 July 2017
The FBM KLCI index gained 4.07 points or 0.23% on Thursday. The Finance Index increased 0.47% to 16830.79 points, the Properties Index dropped 0.01% to 1263.88 points and the Plantation Index down 0.23% to 7835.4 points. The market traded within a range of 6.19 points between an intra-day high of 1772.03 and a low of 1765.84 during the session.
Actively traded stocks include MLAB, MPAY, VIVOCOM-WB, TALAMT, VIVOCOM, CIMB, HUBLINE, ARMADA, FRONTKN and AYS. Trading volume increased to 1585.55 mil shares worth RM1972.08 mil as compared to Wednesday’s 1303.28 mil shares worth RM1550.02 mil.
Leading Movers were CIMB (+19 sen to RM6.59), BAT (+34 sen to RM44.40), DIGI (+3 sen to RM4.78), HAPSENG (+5 sen to RM9.15) and GENTING (+5 sen to RM9.72). Lagging Movers were ASTRO (-5 sen to RM2.50), TM (-10 sen to RM6.27), WPRTS (-3 sen to RM3.70), IOICORP (-3 sen to RM4.48) and PETCHEM (-3 sen to RM6.96). Market breadth was positive with 425 gainers as compared to 410 losers.
The KLCI extended its gains by ending higher at 1770.07 points, tracking the positive performance in Wall Street overnight. Our local bourse advanced on bargain hunting.
Date As of: 27 July 2017
Description Volume Value Frequency
ETF 1,050,000 104,186,000 39
Stock 8,171,933,974 5,615,398,795,417 284,345
Right 5,900 5,900 01
Warrant 52,524,834 2,277,999,007 1,778
Total 8,225,514,708 5,617,780,986,324 286,163
As of 27 July 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,419.58 3,947.38 1,472.20
Proprietary 3,759.60 3,847.77 -88.17
Foreign 11,108.25 12,036.82 -928.57
Individual 16,241.93 16,697.39 -455.46
Total Trading Value 36,529.36 M.Baht
SE Asia Stocks-Rise as Fed sounds caution on inflation
Most Southeast Asian stock markets rose on Thursday, as investors took the U.S. Federal Reserve's subdued tone on inflation as a signal that it would go slow on its monetary tightening cycle.
In June, the Fed had described inflation as being "somewhat" below target, but this time around it simply stated that it was below 2 percent.
On Wednesday, the Fed opted to keep interest rates unchanged, and said it expected to start winding down its
massive holdings of bonds "relatively soon".
After pushing rates nearly to zero to fight the 2007-2009 financial crisis and recession, the Fed pumped over $3 trillion into the economy in a bond-buying spree to further reduce rates.
Its balance sheet has grown to $4.5 trillion.
The Fed "insinuated that U.S. growth may not be as strong as previously expected, which may prompt some fund flow back to emerging market equities," Jakarta-based Trimegah Securities said in a note.
In Southeast Asia, Philippine shares .PSI gave up gains to end marginally higher. SM Investments Corp SM.PS climbed 1.5 percent, while Aboitiz Equity Ventures Inc AEV.PS gained 1.3 percent.
Ayala Land ALI.PS , which rose to a record high earlier, snapped five sessions of gains to end 1.5 percent lower.
Singapore shares .STI rose 0.5 percent, up for a third straight session, led by financials.
DBS Group Holdings DBSM.SI climbed 1.6 percent to close at its highest in more than 17 years.
Oversea-Chinese Banking Corp OCBC.SI advanced 2.1 percent to hit a record closing high after second-quarter net profit rose 22 percent.
Malaysian shares .KLSE rose for a fifth consecutive session, while Indonesia .JKSE ended 0.3 percent higher.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 3354.71 3336.72 0.54
Bangkok 1581.06 1583.17 -0.13
Manila 8045.78 8037.51 0.10
Jakarta 5819.744 5800.206 0.34
Kuala Lumpur 1770.07 1766 0.23
Ho Chi Minh 771.5 773.88 -0.31