ASEAN KEY DESTINATIONS
11 May 2017
The Straits Times Index (STI) ended 21.14 points or 0.65% higher to 3271.11, taking the year-to-date performance to +13.55%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which declined 0.27%, DBS, which gained 2.10%, OCBC Bank, which gained 0.96%, Noble Group, which declined 32.43% and UOB, with a 1.78% advance.
The FTSE ST Mid Cap Index declined 0.56%, while the FTSE ST Small Cap Index declined 0.30%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+1.13%)
SPDR Gold Shares (-0.25%)
STI ETF (+0.30%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.77%)
Suntec REIT (-0.29%)
CapitaLand Mall Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+20.24%)
OCBC Bk MB eCW171113 (+4.76%)
UOB MB eCW171016 (+11.34%)
Singapore Stock Market
*ST Index 3,271.11 +21.14 3,249.97 +12.99
Volume: 2,121M 2,222M
Value: $1,882M $1,362.9M
Gainers/Losers: 239/268 222/235
Daily Market Commentary (Securities)
11 May 2017
The FBM KLCI index gained 8.83 points or 0.50% on Thursday. The Finance Index increased 0.36% to 16374.9 points, the Properties Index up 0.76% to 1320.37 points and the Plantation Index rose 0.31% to 8095.11 points. The market traded within a range of 5.90 points between an intra-day high of 1780.49 and a low of 1774.59 during the session.
Actively traded stocks include NETX, AAX, NETX-WB, GLOTEC, IWCITY, JAG, XDL, PWORTH, DNEX and KGROUP. Trading volume increased to 3552.79 mil shares worth RM3478.16 mil as compared to Tuesday’s 3231.00 mil shares worth RM2737.86 mil.
Leading Movers were PETGAS (+62 sen to RM19.12), GENM (+16 sen to RM5.90), PETCHEM (+16 sen to RM7.32), BAT (+98 sen to RM46.00) and HLBANK (+20 sen to RM14.02). Lagging Movers were TM (-5 sen to RM6.43), KLCC (-6 sen to RM7.88), MAYBANK (-5 sen to RM9.31), WPRTS (-2 sen to RM3.90) and PPB (-9 sen to RM17.00). Market breadth was positive with 560 gainers as compared to 376 losers.
The KLCI ended higher at 1775.39 points despite mixed performance in Wall Street. The performance of our benchmark index was lifted by buying interest in heavy weight counters such as Genting Malaysia, Petronas Chemical and Hong Leong Bank Berhad.
Date As of: 10 May 2017
Description Volume Value Frequency
ETF 425,000 42,281,700 15
Stock 9,696,542,980 7,675,430,850,256 346,878
Warrant 16,568,000 589,159,900 837
Total 9,713,535,980 7,676,062,291,856 347,730
As of 11 May 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,238.96 6,480.42 -1,241.46
Proprietary 5,719.13 6,390.75 -671.61
Foreign 22,268.42 19,831.16 2,437.26
Individual 21,115.69 21,639.88 -524.19
Total Trading Value 54,342.21 M.Baht
SE Asia Stocks-Largely up; Singapore hits 21-month closing high
Most Southeast Asian stock markets rose on Thursday, with Singapore posting its highest close in 21 months, while Thailand extended its decline into a fourth session to hit its lowest close in nearly two months.
The FTSE Straits Times Index .STI closed up 0.7 percent, aided by solid gains in top banks. DBS Group Holdings DBSM.SI rose 2 percent, Oversea-Chinese Banking Corp Ltd OCBC.SI climbed 1 percent, and United Overseas Bank Ltd UOBH.SI gained 1.8 percent, with all three hitting their highest in about two years.
"The striking thing about the Q1 results is that across all three banks the NPL (non-performing loan) ratio has stabilised consistently and the specific provision has dropped by 30-50 percent quarter-on-quarter," said Jonathan Koh, a research analyst with UOB Kay Hian Pte Ltd.
"They are also giving positive feedback that the worst of NPL formation from the oil and gas sector will be easing."
Malaysian shares .KLSE ended 0.5 percent higher, lifted by utility stocks. Petronas Gas Bhd PGAS.KL and hospitality services provider Genting Malaysia Bhd GENM.KL were the biggest gainers.
In Malaysia, the world's second largest producer of the tropical oil, palm oil inventories at the end of April rose 3
percent on month to their highest in 2017.
Philippine shares .PSI snapped two days of losses, closing 0.3 percent higher.
The Philippine central bank kept its inflation forecasts for this year and 2018 unchanged with average inflation for 2017 expected at 3.4 percent.
In March, exports and imports picked up, with imports rising 24 percent from a year earlier and exports up 21 percent.
Thai shares .SETI fell 0.6 percent, dragged down by materials. Energy Earth Public Co Ltd EARTH.BK and Triton
Holding Public Co Ltd TRITN.BK were the biggest losers.
Sri Trang Agro Industry Pcl STA.BK slumped 4.7 percent as the world's biggest natural rubber producing company cut its 2017 sales guidance to between 1.3 million and 1.7 million tonnes from 1.7 million tonnes.
Indonesia .JKSE was closed for a national holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 3271.11 3249.97 0.65
Bangkok 1550.27 1560.31 -0.64
Manila 7816.4 7794.17 0.29
Kuala Lumpur 1775.39 1766.56 0.50
Ho Chi Minh 724.99 724.31 0.09