ASEAN KEY DESTINATIONS
17 March 2017
The Straits Times Index (STI) ended 5.86 points or 0.19% higher to 3169.38, taking the year-to-date performance to +10.02%. For longer term observations please go to sgx.com/research.
The top active stocks today were Keppel Corp, which gained 0.15%, Singtel, which gained 1.01%, StarHub, which gained 2.14%, DBS, which gained 0.11% and CapitaLand Mall Trust, with a 0.52% fall.
The FTSE ST Mid Cap Index remain unchanged, while the FTSE ST Small Cap Index rose 0.27%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.31%)
SPDR Gold Shares (+0.10%)
IS MSCI India (-0.13%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-0.52%)
CapitaLand Commercial Trust (-2.59%)
Ascendas REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170710 (+2.00%)
KepCorp MBeCW171002 (+2.86%)
OCBC Bk MB eCW171002 (+2.61%)
Singapore Stock Market
*ST Index 3,169.38 +5.86 3,163.52 +26.09
Volume: 2,221.8M 2,721.4M
Value: $1,910M $1,576.2M
Gainers/Losers: 258/203 319/181
Daily Market Commentary (Securities)
17 March 2017
The FBM KLCI index gained 8.06 points or 0.46% on Friday. The Finance Index increased 0.86% to 15739.99 points, the Properties Index up 1.42% to 1277.36 points and the Plantation Index rose 0.12% to 8161.61 points. The market traded within a range of 12.45 points between an intra-day high of 1752.10 and a low of 1739.65 during the session.
Actively traded stocks include HWGB, DATAPRP, IVORY-WA, BORNOIL, LUSTER, OLYMPIA, HWGB-WD, PWORTH, MALTON-WB and MQTECH. Trading volume increased to 4981.63 mil shares worth RM5036.55 mil as compared to Thursday’s 3399.53 mil shares worth RM3618.13 mil.
Leading Movers were AXIATA (+16 sen to RM4.97), WPRTS (+10 sen to RM3.95), KLCC (+20 sen to RM8.14), PETCHEM (+15 sen to RM7.43) and PBBANK (+30 sen to RM20.18). Lagging Movers were HAPSENG (-18 sen to RM8.92), IHH (-9 sen to RM5.98), MISC (-11 sen to RM7.34), MAXIS (-7 sen to RM6.33) and ASTRO (-2 sen to RM2.86). Market breadth was positive with 591 gainers as compared to 368 losers.
The KLCI continued its momentum and surged to 1748.73 points despite mixed performance in Wall Street. The performance of our local bourse was lifted by buying interest in heavy counters such as Petronas Chemicals Group, Public Bank and Axiata.
Date As of: 17 March 2017
Description Volume Value Frequency
ETF 9,804,200 4,991,740,900 26
Stock 12,473,109,660 12,705,026,919,255 345,040
Right 29,563,500 31,557,900 99
Warrant 21,714,264 1,756,808,335 1,180
Total 12,534,191,624 12,711,807,026,390 346,345
As of 17 March 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,879.34 4,470.16 409.19
Proprietary 4,187.82 3,935.63 252.19
Foreign 20,344.25 18,777.30 1,566.94
Individual 17,558.86 19,787.18 -2,228.32
Total Trading Value 46,970.27 M.Baht
SE Asia Stocks-Largely up as dollar rally eases; Indonesia closes at record high
Most Southeast Asian stock markets ended higher on Friday, buoyed by a weaker dollar as the U.S. Federal Reserve did not signal a faster pace of monetary tightening.
The U.S. central bank delivered an interest rate increase on Wednesday as anticipated, but it did not alter its earlier
forecast for a total of three rate increases this year.
That disappointed some investors who had hoped for hints of a possible fourth hike in 2017 and for more aggressive forecasts for next year.
The dollar index .DXY , which gauges the greenback against a basket of six major rivals, edged down 0.1 percent to 100.26.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.4 percent.
"Regional markets gained as the dollar rally waned. They had been pricing in the rate hike since last week," said Victor
Felix, an equity analyst with AB Capital Securities, adding that a stronger dollar had been pressuring blue chip stocks.
"Dollar bulls are closing their positions towards the weekend and that has tapered out the rally," he said.
Indonesian stocks .JKSE gained 0.4 percent to hit a record closing high of 5,540.43 after the central bank kept the key interest rate unchanged and forecast a positive growth for the economy for the first quarter on 2017.
The index rose 2.8 percent on the week, its biggest weekly jump since the last week of December.
Financial and mining-related stocks led the gains, with Bank Rakyat BBRI.JK gaining 3.8 percent and United Tractors UNTR.JK adding 5.1 percent.
An index of the 45 most liquid stocks .JKLQ45 rose 0.5 percent, bringing its weekly gain to 3.3 percent.
Philippine shares .PSI rose 0.9 percent to hit its highest close in seven weeks and posted a 2.8 percent weekly gain.
Financial stocks BDO Unibank BDO.PS and Ayala Land ALI.PS gained 1.8 percent.
Singapore shares .STI ended 0.2 percent up at its highest since August 2015, with Yangzijiang Shipbuilding YAZG.SI
gaining 4.1 percent and telecom company Starhub STAR.SI adding 2.1 percent.
The index logged its sixth straight winning week, adding 1.2 percent on the week.
Bucking the trend, Vietnam stocks .VNI fell 0.6 percent as industrial stocks FLC Faros Construction JSC ROS.HM and CII Bridges and Roads Investment JSC LGC.HM lost nearly 7 percent.
The index lost 0.2 percent over the week.
SOUTHEAST ASIAN STOCK MARKETS: CHANGE ON DAY
Market Current Previous Close Pct Move
Singapore 3169.38 3163.52 0.19
Bangkok 1560.98 1557.05 0.25
Manila 7345.02 7278.6 0.91
Jakarta 5540.432 5518.241 0.40
Kuala Lumpur 1745.2 1737.14 0.46
Ho Chi Minh 710.54 714.92 -0.61