ASEAN KEY DESTINATIONS
21 March 2017
The Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking the year-to-date performance to +9.64%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 0.05%, Singtel, which declined 1.50%, UOB, which declined 0.27%, CapitaLand, which gained 0.27% and OCBC Bank, with a 0.10% fall.
The FTSE ST Mid Cap Index declined 0.12%, while the FTSE ST Small Cap Index rose 0.11%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-0.39%)
DBXT MSCI Thailand TRN ETF (unchanged)
SPDR Gold Shares (-0.23%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+1.04%)
Ascendas REIT (-0.40%)
CapitaLand Commercial Trust (-0.33%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170710 (-1.11%)
OCBC Bk MB eCW171002 (unchanged)
KepCorp MBeCW171002 (-1.47%)
Singapore Stock Market
*ST Index 3,158.57 -7.13 3,165.7 -3.68
Volume: 1,527.3M 1,750.8M
Value: $909.3M $1,040.2M
Gainers/Losers: 239/225 218/274
Daily Market Commentary (Securities)
21 March 2017
The FBM KLCI index gained 5.26 points or 0.30% on Tuesday. The Finance Index increased 0.25% to 15828.05 points, the Properties Index up 0.31% to 1285.03 points and the Plantation Index down 0.04% to 8200.41 points. The market traded within a range of 9.17 points between an intra-day high of 1757.99 and a low of 1748.82 during the session.
Actively traded stocks include OLYMPIA, PUC-WB, TANCO, MPAY, MRCB-WA, PUC, PUC-LA, LUSTER, TRIVE and DNEX-WD. Trading volume decreased to 4578.37 mil shares worth RM3286.56 mil as compared to Monday’s 6017.47 mil shares worth RM3015.10 mil.
Leading Movers were WPRTS (+11 sen to RM4.00), GENM (+14 sen to RM5.68), PETCHEM (+13 sen to RM7.58), MAYBANK (+10 sen to RM9.00) and IJM (+3 sen to RM3.48). Lagging Movers were AMMB (-4 sen to RM4.90), IHH (-4 sen to RM5.99), KLCC (-3 sen to RM8.00), ASTRO (-1 sen to RM2.86) and GENTING (-3 sen to RM9.80). Market breadth was positive with 496 gainers as compared to 477 losers.
The KLCI surged and closed at 1754.67 points despite mixed performance in US market. Our local bourse extended its winning streak by buying interest in heavy counters such as Genting Malaysia, Westports and Petronas Chemical.
Date As of: 21 March 2017
Description Volume Value Frequency
ETF 11,000 10,310,000 04
Stock 12,718,049,322 8,027,562,649,136 387,062
Right 4,091,500 4,091,500 12
Warrant 147,244,100 22,244,755,500 802
Total 12,869,395,922 8,049,821,806,136 387,880
As of 21 March 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,599.59 4,524.93 74.66
Proprietary 4,054.25 4,590.47 -536.22
Foreign 12,266.22 10,733.64 1,532.57
Individual 14,764.99 15,836.00 -1,071.01
Total Trading Value 35,685.04 M.Baht
SE Asia Stocks-U.S. Fed stance on rates spurs relief rally
Most Southeast Asian stock markets eked out small gains on Tuesday as the prospects of a less-hawkish
interest rate policy by the U.S. Federal Reserve helped market participants overcome concerns of immediate capital outflows from the region.
Expectations that the Fed would have to step up rate hikes to counter inflationary pressure from President Donald Trump's stimulus are also waning after the U.S. central bank dropped no hints of an acceleration in credit tightening last week.
"There is a little bit more room for the Federal Reserve to manoeuvre its monetary policy," said Taye Shim, head of research at Jakarta-based Mirae Asset Sekuritas.
"So, I would not be so stuck with the Fed's guidance of three rate hikes this year. I think there is still a possibility
that it's going to be two rate hikes this year. For now, I think the Fed's accommodative monetary stance is enough of a relief to drive the markets higher."
In Thailand .SETI , shares closed 0.3 percent higher, with energy stocks accounting for nearly half the gains. PTT PCL
PTT.BK ended 1 percent higher.
Indonesian shares .JKSE were up marginally, rising for six out of seven sessions, supported by energy and financial
Coal miner Baramulti Suksessarana Tbk BSSR.JK and PT Bank Central Asia Tbk BBCA.JK both hit record highs.
Philippine shares .PSI pared early gains to close slightly higher, led by industrials. International Container Terminal
Services Inc ICT.PS closed up 3.1 percent.
Malaysia .KLSE was up 0.3 percent, while Singapore .STI closed marginally lower.
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.4 percent as of 1031 GMT.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 3158.57 3165.7 -0.23
Bangkok 1568.78 1563.54 0.34
Manila 7323.31 7316.57 0.09
Jakarta 5543.093 5533.992 0.16
Kuala Lumpur 1754.67 1749.41 0.30
Ho Chi Minh 716.18 715.07 0.16