ASEAN KEY DESTINATIONS
15 May 2017
The Straits Times Index (STI) ended 8.92 points or 0.27% higher to 3264.21, taking the year-to-date performance to +13.31%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which gained 0.81%, Genting Sing, which gained 6.48%, OCBC Bank, which gained 0.66%, ComfortDelGro, which declined 5.20% and DBS, with a 0.44% advance.
The FTSE ST Mid Cap Index declined 0.52%, while the FTSE ST Small Cap Index rose 0.02%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
IS MSCI India (+0.62%)
DBXT MSCI Indonesia ETF (-0.13%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.39%)
Suntec REIT (+0.86%)
CapitaLand Mall Trust (+0.51%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW171016 (+3.37%)
OCBC Bk MB eCW171113 (+9.20%)
Wilmar MBeCW170710 (+18.75%)
Singapore Stock Market
*ST Index 3,264.21 +8.92 3,255.29 -15.82
Volume: 2,778.9M 2,175.6M
Value: $1,400.6M $1,440M
Gainers/Losers: 202/271 168/307
Daily Market Commentary (Securities)
15 May 2017
The FBM KLCI index gained 2.78 points or 0.16% on Monday. The Finance Index fell 0.02% to 16407.73 points, the Properties Index up 0.20% to 1319.84 points and the Plantation Index down 0.07% to 8106.74 points. The market traded within a range of 6.78 points between an intra-day high of 1778.65 and a low of 1771.87 during the session.
Actively traded stocks include IWCITY, DNEX, GLOTEC, NETX, DNEX-WD, BORNOIL, KNM, IRIS, EKOVEST and AAX. Trading volume increased to 3741.97 mil shares worth RM2995.72 mil as compared to Friday’s 2704.06 mil shares worth RM2175.57 mil.
Leading Movers were MISC (+7 sen to RM7.55), TENAGA (+10 sen to RM14.00), GENTING (+7 sen to RM9.96), HLFG (+12 sen to RM17.46) and YTL (+1 sen to RM1.51). Lagging Movers were RHBBANK (-1 sen to RM5.48), AMMB (-5 sen to RM5.47), BAT (-26 sen to RM45.94), CIMB (-1 sen to RM5.94) and PETGAS (-2 sen to RM18.58). Market breadth was negative with 421 gainers as compared to 508 losers.
The KLCI closed slightly higher at 1778.65 points despite last Friday’s losses in in US market. The performance of our local bourse was buoyed by buying interest in heavy weight counters such as Tenaga, Genting and YTL.
Date As of: 15 May 2017
Description Volume Value Frequency
ETF 7,081,300 3,020,212,400 20
Stock 9,069,565,554 7,070,710,532,168 246,005
Right 30,368,700 42,332,800 307
Warrant 10,932,666 1,254,108,380 1,499
Total 9,117,948,220 7,075,027,185,748 247,831
As of 15 May 2017 Unit: M.Baht
Type Buy Sell Net
Institution 3,790.84 4,300.85 -510.01
Proprietary 4,436.74 4,372.02 64.72
Foreign 13,022.17 13,531.01 -508.84
Individual 19,141.38 18,187.26 954.12
Total Trading Value 40,391.14 M.Baht
SE Asia Stocks-S'pore hits 21-mnth peak; Philippines slips as traders gear up for IPOs
Singapore shares scaled a 21-month peak on Monday on upbeat corporate earnings, while Philippine shares
closed lower as traders booked profits ahead of two major share offerings over the next couple of weeks.
Singapore shares .STI hit their highest level since July 2015 and closed 0.27 percent firmer with financials and consumer stocks driving the gains.
"Positive corporate earnings and banks drove recent gains," said Liu Jinshu, director of research, NRA Capital.
"However, the run up has been mainly concentrated among blue chip names. Hence, I am still not convinced that the STI's run up to 3,265 has legs. I think we may instead be nearing a short-term top."
Casino operator Genting Singapore Plc GENS.SI was the best performer, ending at its highest level in more than two years.
Commodity trader Olam International Ltd OLAM.SI closed at a two-month high after it reported a 26.6 percent rise in first quarter profit.
The Philippine index .PSI closed down 0.6 percent, as real estate companies and telecom stocks lost ground.
"There would be two IPOs happening in the next couple of weeks and investors are cashing in on recent gains for raising funds for the IPOs," said Manny Cruz, an analyst with Asiasec Equities Inc
"I think it (the fall) is mostly because of profit-taking," added Mikey Macanaig of Sunsecurities Inc.
Philippines' fourth-biggest cement producer Eagle Cement Corp is set to raise as much as 8.63 billion pesos through an IPO.
Meanwhile, property developer Cebu Landmasters is looking to raise up to 2.9 billion pesos from the market, the company said on Friday.
The Philippine government's efforts to enact tax reform appear to be gaining traction as more Philippines firms are
looking to enter the market.
Other regional markets such as Indonesia .JKSE and Malaysia stocks .KLSE recouped losses to close higher, while
Vietnam .VNI finished flat.
The Thai index .SETI hit a two-month low as some disappointing company earnings offset positive GDP data.
Nippon Pack Thailand NPP.BK ended 11.7 percent lower, after reporting a bigger loss for the quarter, while hypermarket retail chain Big C Supercenter Pcl BIGC.BK hit a one-week closing low.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 3264.21 3255.29 0.27
Bangkok 1537.42 1543.94 -0.42
Manila 7772.93 7815.53 -0.55
Jakarta 5688.87 5675.216 0.24
Kuala Lumpur 1778.65 1775.87 0.16
Ho Chi Minh 725.35 725.37 0.00