ASEAN KEY DESTINATIONS
13 June 2017
The Straits Times Index (STI) ended 9.18 points or 0.28% higher to 3257.52, taking the year-to-date performance to +13.08%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which gained 0.27%, DBS, which gained 0.92%, OCBC Bank, which gained 0.56%, Ascendas REIT, which declined 1.10% and Jardine C&C, with a 1.56% advance.
The FTSE ST Mid Cap Index gained 0.42%, while the FTSE ST Small Cap Index rose 0.23%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.68%)
DBXT MSCI Thailand TRN ETF (+0.33%)
Nikko Am Singapore STI ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.10%)
CapitaLand Commercial Trust (-0.30%)
CapitaLand Mall Trust (-0.26%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+8.33%)
DBS MB ePW171016 (-7.96%)
UOB MB eCW171016 (+7.79%)
Singapore Stock Market
*ST Index 3,257.52 +9.18 3,248.34 -5.85
Volume: 1,945.3M 2,219.1M
Value: $999.4M $970.2M
Gainers/Losers: 248/186 169/297
Daily Market Commentary (Securities)
13 June 2017
The FBM KLCI index lost 4.45 points or 0.25% on Tuesday. The Finance Index increased 0.01% to 16791.55 points, the Properties Index up 0.02% to 1306.7 points and the Plantation Index rose 0.01% to 7937.39 points. The market traded within a range of 8.70 points between an intra-day high of 1793.01 and a low of 1784.31 during the session.
Actively traded stocks include PWORTH, ASIABIO, FGV, CIMB, FRONTKN, JAG, FGV-C27, AT, DNEX and XOX. Trading volume increased to 2053.43 mil shares worth RM2569.40 mil as compared to Friday’s 1914.84 mil shares worth RM2221.17 mil.
Leading Movers were ASTRO (+3 sen to RM2.55), KLCC (+8 sen to RM7.90), HLBANK (+8 sen to RM15.28), TM (+2 sen to RM6.55) and SIME (+2 sen to RM9.61). Lagging Movers were MISC (-13 sen to RM7.30), IHH (-8 sen to RM6.00), GENM (-7 sen to RM5.63), GENTING (-11 sen to RM9.65) and HAPSENG (-6 sen to RM9.11). Market breadth was positive with 349 gainers as compared to 557 losers.
The KLCI closed lower on the first trading after the long weekend at 1784.44 points amid overnight retreat in US. The performance of our local bourse was bogged down by selling interests in heavy weight counters such as MISC, IHH Healthcare and Genting Malaysia.
Date As of: 13 June 2017
Description Volume Value Frequency
ETF 715,400 74,808,900 28
Stock 6,082,625,341 4,664,935,028,645 262,689
Right 5,691,016 369,879,952 255
Warrant 73,911,342 8,500,419,000 4,522
Total 6,162,943,099 4,673,880,136,497 267,494
As of 13 June 2017 Unit: M.Baht
Type Buy Sell Net
nstitution 7,157.28 5,117.57 2,039.71
Proprietary 4,798.96 5,151.02 -352.05
Foreign 11,587.78 13,116.71 -1,528.93
Individual 19,124.43 19,283.16 -158.73
Total Trading Value 42,668.45 M.Baht
SE Asia Stocks-Largely up ahead of Fed meet; Vietnam at 9-year high
Most Southeast Asian markets ended higher on Tuesday, as investors took a cautiously optimistic stance ahead of a U.S. Federal Reserve policy meeting that could provide cues on the pace of rate hikes in the months to come.
A poll of 100 economists conducted last week showed the Fed was certain to push interest rates up by 25 basis points to 1.00 percent-1.25 percent at its June 13-14 meeting.
However, the conviction for a move beyond a widely expected rise this month has faded for many forecasters along with the outlook for inflation for most.
"(We) expect Asian bourses to continue to tread water with a topping of caution ahead of the Federal Open Market Committee (FOMC)," OCBC Bank said in a note.
The positive sentiment across the region was also supported by oil prices, which edged up following statements that OPEC leader Saudi Arabia was making significant supply cuts to customers.
Vietnam .VNI extended gains to post its highest close in over nine years, underpinned by financial and industrial stocks.
Gains on the benchmark index were broad-based with eight of nine sectors in positive territory.
Singapore shares .STI shed the previous day's losses, boosted by gains in the city-state's "big three" banks.
The final first-quarter jobless rate was revised down from the preliminary estimate of 2.3 percent.
Indonesia .JKSE edged higher, led by gains in consumer staples.
Indonesia's central bank is expected to keep its benchmark interest rate unchanged on Thursday, just hours after the Fed
decides on interest rates, a Reuters poll showed.
Philippine shares .PSI closed lower with real-estate stocks accounting for nearly half of the losses.
The country has been seeing a violent conflict in the southern town of Marawai, where a siege by fighters allied to
Islamic State, has stoked concerns of instability among Southeast Asian nations.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 3257.52 3248.34 0.28
Bangkok 1572.36 1563.81 0.55
Manila 7917.89 7990.24 -0.91
Jakarta 5707.645 5691.436 0.28
Kuala Lumpur 1784.44 1788.89 -0.25
Ho Chi Minh 756.89 751.09 0.77