ASEAN KEY DESTINATIONS
29 June 2017
The Straits Times Index (STI) ended 42.95 points or 1.34% higher to 3258.65, taking the year-to-date performance to +13.12%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 2.46%, Singtel, which gained 1.57%, OCBC Bank, which gained 1.86%, UOB, which gained 2.53% and Genting Sing, with a 2.79% advance.
The FTSE ST Mid Cap Index gained 0.83%, while the FTSE ST Small Cap Index rose 0.70%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Nikkoam-Stc Asia REIT (-0.37%)
STI ETF (+1.23%)
DBXT MSCI China TRN ETF (+0.90%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
Ascendas REIT (+1.15%)
CapitaLand Commercial Trust (+0.61%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+28.30%)
UOB MB ePW171016 (-20.31%)
UOB MB eCW171016 (+28.30%)
Singapore Stock Market
*ST Index 3,258.65 +42.95 3,215.7 -3.83
Volume: 1,704.6M 2,028.1M
Value: $1,184.2M $1,114M
Gainers/Losers: 310/155 142/288
Daily Market Commentary (Securities)
29 June 2017
The FBM KLCI index gained 0.13 points or 0.01% on Thursday. The Finance Index fell 0.16% to 16800.25 points, the Properties Index up 0.28% to 1288.35 points and the Plantation Index rose 0.42% to 7933.22 points. The market traded within a range of 5.32 points between an intra-day high of 1775.85 and a low of 1770.53 during the session.
Actively traded stocks include KGROUP, ASIABIO, SENERGY, ANZO, PASUKGB, COMFORT, BIOOSMO, MPAY, ANZO-WC and JETSON. Trading volume increased to 1396.31 mil shares worth RM1555.66 mil as compared to Wednesday’s 1396.22 mil shares worth RM1850.65 mil.
Leading Movers were IJM (+8 sen to RM3.50), ASTRO (+4 sen to RM2.63), MISC (+11 sen to RM7.43), IOICORP (+5 sen to RM4.50) and PPB (+14 sen to RM16.94). Lagging Movers were HLBANK (-30 sen to RM15.70), YTL (-1 sen to RM1.47), AXIATA (-3 sen to RM4.88), CIMB (-4 sen to RM6.64) and WPRTS (-2 sen to RM3.63). Market breadth was positive with 502 gainers as compared to 314 losers.
The KLCI ended flat to halt the recent decline after adding 0.13 points to 1771.36 points. The performance of our local bourse was in tandem with our regional peers following an overnight rally in US markets.
As of 29 June 2017 Unit: M.Baht
Type Buy Sell Net
Institution 6,299.67 4,710.36 1,589.31
Proprietary 5,667.01 9,261.76 -3,594.75
Foreign 18,652.99 15,694.23 2,958.76
Individual 20,668.18 21,621.49 -953.32
Total Trading Value 51,287.84 M.Baht
SE Asia Stocks-Most rise; Singapore hits over one-month closing high
Most southeast Asian stock markets rose on Thursday as higher crude prices and positive sentiment from overnight gains on Wall Street
drove up shares in the region, while Singapore closed at an over one-month high.
U.S. banking shares rallied after the Fed approved plans from the 34 largest lenders to use extra capital for stock buybacks, dividends and other purposes.
Meanwhile, crude oil rose for a sixth straight session to its highest since June 19 on a decline in U.S. output.
"Last week, there was concern with lower-than-expected inventories and so forth. Now that oil prices have stabilized, the market is reacting positively," said Victor Felix, an equity analyst with AB Capital Securities.
Singapore shares .STI closed 1.3 percent higher as heavyweights DBS Group Holdings DBSM.SI and United Overseas Bank UOBH.SI gained 2.5 percent each.
Singapore's central bank said its investment gains on official foreign reserves quadrupled to S$21.9 billion ($15.80 billion) in the last financial year, helped by a recovery in the global financial market.
Vietnam shares .VNI rose 0.4 percent as Joint Stock Commercial Bank for Investment and Development of Vietnam BID.HM rose 1.8 percent and Military Commercial Joint Stock Bank MBB.HM gained 2.3 percent.
Philippine shares .PSI closed 0.9 percent lower at an over one-month low, dragged by the real estate and telecommunications sectors.
PLDT TEL.PS and Ayala Land ALI.PS fell 3.6 percent and 2.3 percent, respectively.
"The Philippine peso is weakening against the dollar. That is also putting pressure on equities," Felix added.
Investors have trimmed their long positions in most Asian currencies compared with two weeks ago, a Reuters poll showed, amid jitters that the European Central Bank may be getting ready to reduce its aggressive monetary stimulus.
Indonesia's financial markets .JKSE were closed on account of a national holiday.
For Asian Companies click; urn:newsml:reuters.com:*:nTOPEQA
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 3258.65 3215.7 1.34
Bangkok 1578.12 1582.63 -0.28
Manila 7788.06 7857.18 -0.88
Kuala Lumpur 1771.36 1771.23 0.01
Ho Chi Minh 771.75 769.04 0.35