ASEAN KEY DESTINATIONS
14 May 2018
The Straits Times Index (STI) ended 7.71 points or 0.22% lower to 3562.46, taking the year-to-date performance to +4.69%. For more details, go to www.sgx.com/research
The top active stocks today were Singtel, which declined 0.85%, DBS, which declined 0.85%, Venture, which gained 3.49%, OCBC Bank, which gained 0.15% and Genting Sing, with a 1.56% advance.
The FTSE ST Mid Cap Index declined 0.16%, while the FTSE ST Small Cap Index rose 0.11%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.42%)
Lyxor ETF Russia 10 (+2.16%)
DBXT MSCI Malaysia TRN ETF (-0.07%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (unchanged)
CapitaLand Commercial Trust (+0.57%)
Ascendas REIT (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180808 (-13.60%)
KepCorp MBeCW180910 (-1.27%)
UOB MB eCW180806 (-9.30%)
Singapore Stock Market
*ST Index 3,562.46 -7.71 3,570.17 +32.58
Volume: 1,505.7M 1,855.2M
Value: $1,013.8M $1,429.4M
Gainers/Losers: 225/224 243/143
Daily Market Commentary (Securities)
8 May 2018
The FBM KLCI index gained 3.91 points or 0.21% on Monday. The Finance Index increased 0.55% to 18190.89 points, the Properties Index dropped 0.28% to 1069.92 points and the Plantation Index rose 0.72% to 7906.08 points. The market traded within a range of 79.48 points between an intra-day high of 1876.62 and a low of 1797.14 during the session.
Actively traded stocks include SAPNRG, EDEN, SUMATEC, SAPNRGC64, BJCORP, HIBISCS, MRCB, UMWOG, CIMB and FGV. Trading volume increased to 6584.38 mil shares worth RM7311.24 mil as compared to Tuesday’s 2351.13 mil shares worth RM2801.18 mil.
Leading Movers were PMETAL (+25 sen to RM5.06), PPB (+82 sen to RM19.98), GENTING (+36 sen to RM8.96), PBBANK (+92 sen to RM24.80) and PETCHEM (+28 sen to RM8.70). Lagging Movers were YTL (-17 sen to RM1.16), AMMB (-27 sen to RM3.45), CIMB (-35 sen to RM6.55), GENM (-13 sen to RM4.90) and MAXIS (-11 sen to RM5.40). Market breadth was positive with 930 gainers as compared to 405 losers.
The KLCI closed higher at 1850.42 points on the first trading after the long weekend following GE14 despite overnight mixed performance in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters such as Press Metal, PPB Group and Genting Malaysia.
As of 14 May 2018 Unit: M.Baht
Type Buy Sell Net
Institution 5,458.96 3,549.78 1,909.19
Proprietary 6,153.52 5,725.29 428.23
Foreign 16,717.13 16,979.87 -262.74
Individual 19,582.87 21,657.56 -2,074.68
Total Trading Value 47,912.49 M.Baht
SE Asia Stocks-Most up; Malaysia gains in heavy trade
Most Southeast Asian markets climbed on Monday with Malaysia ending higher as trading resumed after the
stunning defeat of a coalition that ruled the country for over six decades, while Vietnam rose more than 2 percent led by real estate stocks.
Malaysia's newly elected administration, led by Prime Minister Mahathir Mohamad, had promised to scrap toll fees,
reinstate fuel subsidies and raise minimum wages, and most importantly, to abolish the deeply unpopular goods and service tax within its first 100 days
"The repeal of GST, while only marginally negative for the fiscal deficit, will be a boon for consumers, who have been upset that they bear the burden of poor fiscal management and came out to vote against the establishment," said Trinh Nguyen, senior economist at Natixis.
Consumer stocks gained, with Genting Bhd and Nestle each ending over 4 percent higher, while the
index firmed up 0.2 percent in its heaviest day of trading since late November 2017.
The biggest losers on the main board were AirAsia Group Bhd AIRA.KL and CIMB Group Holdings Bhd CIMB.KL , down over 5 percent each. Air Asia Chief, Tony Fernandes, on Monday apologised for endorsing former Prime Minister Najib Razak in the election.
Mahathir announced three top cabinet posts on Saturday, including Lim Guan Eng, a former banker and chartered
accountant, as finance minister.
"This is expected to underscore market confidence given Lim, a trained accountant, has a track record boosting Penang's economy with investor-friendly policies," Mizuho Bank analysts said in a note.
In other markets, Indonesia slipped 0.2 percent on worries over continued capital outflows from Southeast Asia's
biggest economy. Officials on Friday tried to calm investors concerned over a weak domestic currency.
Vietnam stocks rose 2.1 percent, their biggest intraday gain in one week. Real estate stocks buoyed the market,
with Vingroup Joint Stock Co VIC.HM ending 6.5 percent higher.
Philippines was closed for a public holiday
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3562.46 3570.17 -0.22
Bangkok 1773.1 1765.93 0.41
Jakarta 5947.155 5956.832 -0.16
Kuala Lumpur 1850.42 1846.51 0.21
Ho Chi Minh 1066.98 1044.85 2.12