ASEAN KEY DESTINATIONS
16 May 2017
The Straits Times Index (STI) ended 36.5 points or 1.12% lower to 3227.71, taking the year-to-date performance to +12.04%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 0.58%, Singtel, which declined 0.27%, CapitaLand, which declined 3.05%, Noble Group, which gained 11.86% and OCBC Bank, with a 0.75% fall.
The FTSE ST Mid Cap Index declined 0.44%, while the FTSE ST Small Cap Index declined 0.55%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.91%)
Cimb Ftse Asean40 100 (+0.55%)
SPDR Gold Shares (+0.42%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
Mapletree Com Tr (-0.33%)
CapitaLand Commercial Trust (-0.92%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
KepCorp MBePW171002 (+5.56%)
UOB MB eCW171016 (-11.34%)
DBS MB eCW171016 (-4.35%)
Singapore Stock Market
*ST Index 3,227.71 -36.5 3,264.21 +8.92
Volume: 2,256.8M 2,778.9M
Value: $1,392.3M $1,400.6M
Gainers/Losers: 172/292 202/271
Daily Market Commentary (Securities)
16 May 2017
The FBM KLCI index lost 0.50 points or 0.03% on Tuesday. The Finance Index increased 0.01% to 16408.95 points, the Properties Index dropped 0.20% to 1317.24 points and the Plantation Index rose 0.19% to 8122.41 points. The market traded within a range of 14.45 points between an intra-day high of 1787.54 and a low of 1773.09 during the session.
Actively traded stocks include IWCITY, NETX, MALTON-WB, PWORTH, MALTON, AAX, EKOVEST, FGV-C24, EKOVEST-CA and XDL. Trading volume decreased to 3515.38 mil shares worth RM3840.29 mil as compared to Monday’s 3741.97 mil shares worth RM2995.72 mil.
Leading Movers were PETGAS (+112 sen to RM19.70), PETDAG (+34 sen to RM24.40), YTL (+2 sen to RM1.53), MISC (+7 sen to RM7.62) and PBBANK (+18 sen to RM20.16). Lagging Movers were IHH (-25 sen to RM5.92), BAT (-104 sen to RM44.90), DIGI (-10 sen to RM5.01), HLFG (-30 sen to RM17.16) and KLCC (-7 sen to RM7.75). Market breadth was negative with 412 gainers as compared to 497 losers.
The KLCI was little changed and inched down to 1778.15 points despite overnight record highs for Nasdaq and S&P in US market. The performance of our local bourse was mainly bogged down by selling interest in heavy weight counters such as IHH Healthcare, Digi and Genting Malaysia.
Date As of: 16 May 2017
Description Volume Value Frequency
ETF 884,800 91,590,000 34
Stock 7,809,919,890 6,699,962,955,791 368,282
Right 7,428,900 7,723,900 79
Warrant 49,559,300 11,462,838,600 2,061
Total 7,867,792,890 6,711,525,108,291 370,456
As of 16 May 2017 Unit: M.Baht
Type Buy Sell Net
Institution 6,569.84 5,179.33 1,390.51
Proprietary 5,450.91 6,686.37 -1,235.45
Foreign 19,859.54 19,951.34 -91.80
Individual 22,971.73 23,034.99 -63.26
Total Trading Value 54,852.02 M.Baht
SE Asia Stocks-Singapore down 1 pct; Thailand edges higher
Singapore shares fell more than 1 percent on Tuesday, led by industrials, while expectations of extended crude supply cuts lifted oil stocks on the Thai index.
Industrial stocks in Singapore .STI faced a big selloff, with heavyweight Jardine Matheson JARD.SI falling as much as 6.7 percent, to hit its lowest in three months.
However, Philippine shares gained, snapping two sessions of losses.
"I would say this is a technical rebound," said Joseph Roxas, analyst at Manila-based Eagle Equities.
"There was some selling recently because of the two big IPOs and I think that has already been absorbed by the markets and we are moving higher again."
A Congressional panel of Philippine lawmakers on Monday evicted an impeachment complaint against President Rodrigo Duterte, a widely expected outcome underlining the leader's steadfast legislative support.
"Some people would attribute (the gains) to the dismissal of the impeachment complaint, but I wouldn't say that was ever a factor," he added.
Real estate stocks and financials drove the gains, with property developer Ayala Land ALI.PS rising 4 percent. Shares
of Petron Corp PCOR.PS hit a five-month high after its inclusion in the Philippines Small Cap Index.
Energy stocks outperformed in Thailand .SETI , with top oil producers PTT PTT.BK and PTT Exploration and Production PTTEP.BK adding 1.8 percent and 2.1 percent, respectively.
Oil prices rose on Tuesday, after a joint announcement by Saudi Arabia and Russia to push for an extension of supply cuts until the end of March 2018.
Meanwhile, Jakarta .JKSE snapped two sessions of gains to drift lower. Financials were the biggest losers, with Bank
Central Asia Tbk PT BBCA.JK falling nearly five percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 3231.94 3264.21 -0.99
Bangkok 1544.78 1537.42 0.48
Manila 7802.43 7772.93 0.38
Jakarta 5672.317 5688.87 -0.29
Kuala Lumpur 1775.88 1778.65 -0.16
Ho Chi Minh 727.5 725.35 0.30