ASEAN KEY DESTINATIONS
14 March 2018
The Straits Times Index (STI) ended 14.32 points or 0.4% lower to 3539.41, taking the year-to-date performance to +4.01%. For more observations go to www.sgx.com/research
The top active stocks today were DBS, which gained 0.17%, UOB, which declined 0.59%, Singtel, which declined 0.29%, COSCO SHP SG, which gained 15.73% and Genting Sing, with a 0.89% fall.
The FTSE ST Mid Cap Index declined 0.62%, while the FTSE ST Small Cap Index rose 0.31%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
DBXT MSCI Thailand TRN ETF (+1.31%)
SPDR Gold Shares (+0.41%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (+0.57%)
Ascendas REIT (-1.12%)
Mapletree Ind Tr (-0.49%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180808 (+2.66%)
UOB MB eCW180806 (-2.63%)
KepCorp MBeCW180910 (-5.48%)
Singapore Stock Market
*ST Index 3,539.41 -14.32 3,553.73 +13.54
Volume: 1,890.2M 1,482.5M
Value: $1,231.3M $1,319.6M
Gainers/Losers: 182/231 213/199
Daily Market Commentary (Securities)
14 March 2018
The FBM KLCI index lost 6.97 points or 0.37% on Wednesday. The Finance Index increased 0.06% to 18165.75 points, the Properties Index dropped 0.36% to 1132.55 points and the Plantation Index down 0.60% to 8056.42 points. The market traded within a range of 8.53 points between an intra-day high of 1863.67 and a low of 1855.14 during the session.
Actively traded stocks include SAPNRG, AAX, NWP, DGB, SKH, DGB-WA, HIBISCS, PICORP, EASTLND and AAX-C11. Trading volume increased to 2321.54 mil shares worth RM2063.39 mil as compared to Tuesday’s 2290.21 mil shares worth RM2080.13 mil.
Leading Movers were HLBANK (+28 sen to RM19.30), GENTING (+13 sen to RM9.05), GENM (+4 sen to RM5.27), RHBBANK (+4 sen to RM5.39) and PMETAL (+3 sen to RM5.00). Lagging Movers were NESTLE (-1640 sen to RM141.00), AMMB (-11 sen to RM4.08), TM (-2 sen to RM5.57), MAXIS (-14 sen to RM5.75) and YTL (-2 sen to RM1.44). Market breadth was negative with 332 gainers as compared to 635 losers.
The KLCI inched down to 1857.06 points amid overnight retreat in US market. Market sentiment was muted as lack of fresh lead.
Date As of: 14 March 2018
Description Volume Value Frequency
ETF 1,215,900 161,226,700 87
Stock 12,080,148,718 7,461,078,148,742 379,651
Warrant 178,152,600 35,154,894,700 1,306
Total 12,259,517,218 7,496,394,270,142 381,044
As of 14 March 2018 Unit: M.Baht
Type Buy Sell Net
Institution 8,049.89 5,377.14 2,672.75
Proprietary 9,604.63 8,352.36 1,252.27
Foreign 30,799.78 26,801.00 3,998.78
Individual 29,766.89 37,690.69 -7,923.80
Total Trading Value 78,221.18 M.Baht
SE Asia Stocks-Most fall on renewed trade war fears
* Philippine shares lose the most in SE Asia
* Vietnamese, Thai share close higher
By Aaron Saldanha
March 14 (Reuters) - Most Southeast Asian stock markets declined on Wednesday on fears of a global trade war after the sudden dismissal of U.S. Secretary of State Rex Tillerson and news that Washington is seeking to impose tariffs on up to $60 billion of Chinese imports.
Tillerson was seen as a moderate in President Donald Trump's administration and his departure is seen as a sign of
potential worsening of tariffs.
"The movement in regional markets is focused on the shakeup in the Trump administration... the second concern is trade wars after the Trump administration imposed tariffs on steel and aluminium," said Lexter Azurin, a senior equity analyst at AB Capital.
"This would pose some concern in terms of the global economy in a broader sense."
MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.4 percent, retreating from a 1-1/2-month high hit on Tuesday.
In Southeast Asia, Philippine shares .PSI fell the most, with all sectors but one in red.
JG Summit Holdings Inc dropped 4.5 percent and SM Investments Corp fell 2.3 percent. These two weighed the most on the benchmark stock index.
Indonesian shares .JKSE were down 0.5 percent, dragged by energy and consumer staples stocks. United Tractors weighed the most on the index, dropping 4.3 percent.
An index of the country's 45 most liquid stocks lost 0.5 percent.
Malaysian shares fell 0.4 percent, largely due to losses in consumer staples and telecom stocks.
Nestle (Malaysia) Bhd ended 10.4 percent lower after declining as much as 14.7 percent in its biggest intraday
percentage loss since December 2007.
Across the Johor Causeway, Singapore shares .STI slipped 0.4 percent on broad-based losses. Financials weighed heavily on the benchmark with United Overseas Bank Ltd UOBH.SI losing 0.6 percent.
"The story we see right now is a shift from emerging markets back to the U.S., given the improved U.S. economy. That is the gist of what is happening right now in equity markets," said AB Capital's Azurin.
Thai shares .SETI recovered from early falls to end 0.2 percent higher.
Consumer discretionaries and staples supported the index.
Trading store chain operator Siam Makro Pcl MAKRO.BK gained 6.8 percent.
Vietnam shares .VNI rose 0.4 percent, helped by financials and utilities. Joint Stock Commercial Bank for Foreign Trade of
Viet Nam VCB.HM ended 2.5 percent higher.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous close Pct Move
Singapore 3539.41 3553.73 -0.40
Bangkok 1813.4 1809.9 0.19
Manila 8348.74 8419.57 -0.84
Jakarta 6382.623 6412.846 -0.47
Kuala Lumpur 1857.06 1864.03 -0.37
Ho Chi Minh 1138.09 1133.31 0.42