ASEAN KEY DESTINATIONS
19 March 2018
The Straits Times Index (STI) ended 13.85 points or 0.39% lower to 3498.29, taking the year-to-date performance to +2.80%. For more observations go to www.sgx.com/research
The top active stocks today were Singtel, which declined 0.29%, DBS, which declined 0.64%, UOB, which declined 0.18%, OCBC Bank, which declined 0.90% and Venture, with a 0.31% fall.
The FTSE ST Mid Cap Index declined 0.40%, while the FTSE ST Small Cap Index declined 0.55%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.29%)
IS MSCI India (-1.05%)
SPDR Gold Shares (-0.75%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Mapletree Gcc Tr (-0.86%)
CapitaLand Commercial Trust (unchanged)
Ascendas REIT (+0.38%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
OCBC Bk MB eCW180702 (-15.49%)
DBS MB eCW180808 (-10.59%)
UOB MB eCW180806 (-5.62%)
Singapore Stock Market
*ST Index 3,498.29 -13.85 3,512.14 -5.59
Volume: 1,634.9M 1,803.4M
Value: $939.8M $1,612.9M
Gainers/Losers: 128/307 184/248
Daily Market Commentary (Securities)
19 March 2018
The FBM KLCI index gained 1.55 points or 0.08% on Monday. The Finance Index increased 0.12% to 18060.29 points, the Properties Index dropped 0.53% to 1126.16 points and the Plantation Index rose 0.13% to 7966.75 points. The market traded within a range of 4.71 points between an intra-day high of 1850.16 and a low of 1845.45 during the session.
Actively traded stocks include SAPNRG, NETX, BRAHIMS, DNEX, PUC, NWP, EASTLND, MEDIAC, MMAG-PA and VIZIONE. Trading volume decreased to 1941.18 mil shares worth RM1676.88 mil as compared to Friday’s 2875.52 mil shares worth RM4255.52 mil.
Leading Movers were DIGI (+6 sen to RM4.60), AMMB (+3 sen to RM4.15), IOICORP (+3 sen to RM4.61), AXIATA (+3 sen to RM5.35) and CIMB (+4 sen to RM7.26). Lagging Movers were KLCC (-20 sen to RM7.40), MISC (-16 sen to RM7.05), ASTRO (-4 sen to RM2.30), SIME (-4 sen to RM2.66) and RHBBANK (-6 sen to RM5.31). Market breadth was negative with 332 gainers as compared to 574 losers.
The KLCI closed flat with 1.55 points higher at 1847.94 points amid last Friday's gains in US market. The performance of our local bourse remained muted as lack of fresh catalyst.
Date As of: 19 March 2018
Description Volume Value Frequency
ETF 74,000 46,883,200 25
Stock 10,292,307,532 7,447,999,127,379 346,526
Warrant 27,531,728 6,574,169,620 2,111
Total 10,319,913,260 7,454,620,180,199 348,662
As of 19 March 2018 Unit: M.Baht
Type Buy Sell Net
Institution 5,139.17 4,507.06 632.11
Proprietary 6,460.16 7,715.69 -1,255.53
Foreign 17,053.85 18,078.69 -1,024.84
Individual 22,716.38 21,068.11 1,648.26
Total Trading Value 51,369.55 M.Baht
SE Asia Stocks-Most slip ahead of Fed decision; Vietnam up
* U.S. Fed rate decision due on March 21
* Philippines recovers from early falls
* Vietnam rises for 6th straight session
By Aaron Saldanha
March 19 (Reuters) - Most Southeast Asian stock markets edged lower on Monday, in line with broader Asia, as caution gripped investors ahead of the U.S. Federal Reserve's two-day policy meeting that starts on Tuesday.
With a 25 basis point rate hike seen as a done deal, a key focus is on whether Fed policymakers forecast four rate hikes this year in their "dot plot" projections, instead of three they projected at a December meeting.
"As far as equities go, I think people will be a bit more risk-off if there are more rate hikes than expected," said Fio
Dejesus, an equity research analyst with RCBC Securities.
Thai shares .SETI were the biggest losers in Southeast Asia, hurt by weakness in energy stocks. Oil and gas firm PTT Pcl PTT.BK dropped 2.2 percent.
Singapore shares .STI fell for a fourth straight session, with financials among the top losers. Lender Oversea-Chinese Banking Corp Ltd OCBC.SI declined 0.9 percent, while DBS Group Holdings Ltd DBSM.SI slipped 0.6 percent.
Indonesian shares .JKSE slipped, weighed down by consumer discretionary and materials stocks.
Astra International Tbk PT fell 2.4 percent to its lowest close July 2016.
An index of the country's 45 most liquid stocks slipped 0.1 percent.
Philippine shares recovered from early falls to close marginally lower with financial and consumer discretionary
stocks leading the recovery. Ayala Corp AC.PS ended 2 percent higher.
"You have to take into account that the Philippines has already been correcting for the past two weeks, so perhaps the
valuations are now better than they have been recently," said Dejesus.
The benchmark stock index has declined 3.8 percent year-to-date after gaining about 25 percent in 2017.
Malaysian shares .KLSE closed slightly higher, helped by gains in financials and telecom services stocks. Public Bank Bhd PUBM.KL gained 0.4 percent.
Vietnam shares .VNI rose for a sixth straight session,
helped by real estate stocks and industrials, and posted their
highest close since March 2007.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct
Singapore 3498.29 3512.14 -0.39
Bangkok 1799.79 1811.76 -0.66
Manila 8235.54 8238.15 -0.03
Jakarta 6289.572 6304.952 -0.24
Kuala Lumpur 1847.94 1846.39 0.08
Ho Chi Minh 1159.22 1150.19 0.79