ASEAN KEY DESTINATIONS
28 March 2017
The Straits Times Index (STI) ended 30.94 points or 0.99% higher to 3157.82, taking the year-to-date performance to +9.62%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 1.71%, Singtel, which gained 1.03%, UOB, which gained 0.51%, ComfortDelGro, which gained 2.81% and OCBC Bank, with a 0.52% advance.
The FTSE ST Mid Cap Index gained 1.04%, while the FTSE ST Small Cap Index rose 0.74%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT S&P500 ETF (+0.42%)
DBXT MSCI Usa ETF (unchanged)
DBXT MSCI Asia Ex Japan ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+0.51%)
Ascendas REIT (unchanged)
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 (+16.90%)
UOB MB eCW171101 (+3.57%)
KepCorp MBeCW171002 (+5.00%)
Singapore Stock Market
*ST Index 3,157.82 +30.94 3,126.88 -16.02
Volume: 2,741.9M 3,000.7M
Value: $1,280.2M $1,077.2M
Gainers/Losers: 321/152 177/285
Daily Market Commentary (Securities)
28 March 2017
The FBM KLCI index gained 9.47 points or 0.54% on Tuesday. The Finance Index increased 0.63% to 15752.65 points, the Properties Index up 0.79% to 1290.94 points and the Plantation Index rose 0.21% to 8208.4 points. The market traded within a range of 7.62 points between an intra-day high of 1756.27 and a low of 1748.65 during the session.
Actively traded stocks include JKGLAND-OR, SCOMI, REACH-WA, DATAPRP, OLYMPIA, NICORP, BORNOIL, AEM, SANICHI and EFFICEN. Trading volume decreased to 3067.34 mil shares worth RM2417.83 mil as compared to Monday’s 3971.76 mil shares worth RM2489.24 mil.
Leading Movers were PETDAG (+106 sen to RM24.84), WPRTS (+14 sen to RM4.08), RHBBANK (+16 sen to RM5.30), GENTING (+25 sen to RM9.75) and AMMB (+12 sen to RM4.85). Lagging Movers were CIMB (-6 sen to RM5.56), SIME (-6 sen to RM9.39), BAT (-8 sen to RM47.90), YTL (-0 sen to RM1.48) and PBBANK (-0 sen to RM19.92). Market breadth was positive with 513 gainers as compared to 366 losers.
The KLCI closed higher at 1754.42 points despite mixed performance in Wall Street. The performance of our benchmark index was in tandem with most of our regional peers.
Date As of: 27 March 2017
Description Volume Value Frequency
ETF 14,800 3,144,500 06
Stock 11,534,592,604 6,584,781,624,451 297,144
Warrant 110,053,300 30,580,224,700 1,289
Total 11,644,660,704 6,615,364,993,651 298,439
As of 28 March 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,540.36 5,008.00 -467.64
Proprietary 4,001.41 3,847.05 154.36
Foreign 13,033.07 11,357.38 1,675.69
Individual 17,328.75 18,691.16 -1,362.41
Total Trading Value 38,903.60 M.Baht
SE Asia Stocks-Recover after Trump healthcare setback
Most Southeast Asian stock markets ended higher on Tuesday as investors pinned their hopes on U.S. President Donald Trump's stimulus plans after the healthcare policy setback.
While Trump's failure late last week to garner enough support for a plan to repeal the Affordable Care Act, stoked
concerns about his ability to enact stimulus policies, these began to recede overnight as investors looked with renewed, albeit tentative, optimism to the U.S. government's next policy steps.
The president's policy moves will be in focus at least until the next Federal Reserve meeting, said Teerada Charnyingyong, an analyst with Phillip Securities Thailand.
Philippine shares .PSI ended 1.2 percent higher in their biggest single-day percentage rise since March 13, helped by
gains in industrial and financial stocks. SM Investments Corp SM.PS gained 3.26 percent, while Ayala Corp AC.PS rose 1.9 percent.
Investors are looking at the more attractive emerging markets such as the Philippines, said Rachelle Cruz, a research
analyst with AP Securities, adding that: "Last year we saw foreign investors shifting towards the United States when Trump won elections but we are calling it a reality check."
The peso remains competitive and is likely to be supported by a continued flow of remittances from overseas and the health of domestic business process outsourcing, the central bank governor said on Tuesday.
"The strengthening of the peso will be good for the equity markets since the central bank is not in a hurry to increase
policy rate because the peso is currently stabilising," said Cruz.
Singapore shares .STI gained 1 percent, supported by financials and industrials with in-flight food caterer SATS Ltd
SATS.SI and Singapore Technologies Engineering Ltd STEG.SI rising 2.3 percent and 1.9 percent, respectively.
Malaysian shares .KLSE ended 0.54 percent higher, helped by gains in consumer discretionary and telecom stocks. Genting Bhd GENT.KL rose 2.6 percent, while Axiata Group Bhd AXIA.KL added 1.4 percent.
Telecoms and industrials led the Thai stock index .SETI rise 0.4 percent.
Bucking the trend, Vietnam .VNI fell 0.6 percent, hurt by losses in consumer staples and financials.
Indonesia was closed for a holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous close Pct Move
Singapore 3157.82 3126.88 0.99
Bangkok 1576.72 1570.5 0.39
Manila 7331.46 7245.97 1.18
Kuala Lumpur 1754.42 1744.95 0.54
Ho Chi Minh 719.26 723.52 -0.59