ASEAN KEY DESTINATIONS
18 May 2017
The Straits Times Index (STI) ended 2.44 points or 0.08% lower to 3221.66, taking the year-to-date performance to +11.83%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which gained 0.27%, DBS, which declined 0.82%, Noble, which declined 2.16%, OCBC Bank, which declined 0.38% and UOB, with a 0.86% advance.
The FTSE ST Mid Cap Index declined 0.32%, while the FTSE ST Small Cap Index declined 0.17%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-0.31%)
IS MSCI India (-1.23%)
SPDR Gold Shares (+1.30%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (unchanged)
Ascendas REIT (-0.78%)
Suntec REIT (+0.85%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW171016 (+3.61%)
OCBC Bk MB eCW171113 (-5.13%)
DBS MB ePW171016 (+2.02%)
Singapore Stock Market
*ST Index 3,221.66 -2.44 3,224.1 -3.61
Volume: 1,816M 2,276.3M
Value: $1,334.5M $1,304.2M
Gainers/Losers: 167/275 214/234
Daily Market Commentary (Securities)
18 May 2017
The FBM KLCI index lost 8.48 points or 0.48% on Thursday. The Finance Index fell 0.38% to 16342.69 points, the Properties Index dropped 0.62% to 1308.23 points and the Plantation Index down 0.56% to 8057.89 points. The market traded within a range of 7.76 points between an intra-day high of 1769.80 and a low of 1762.04 during the session.
Actively traded stocks include DRBHCOMC32, GLOTEC, MRCB, UEMS-C32, JAG, ANZO, NETX, PWORTH, DNEX and MRCB-WA. Trading volume decreased to 2985.95 mil shares worth RM2640.46 mil as compared to Wednesday’s 3451.69 mil shares worth RM2881.03 mil.
Leading Movers were GENM (+5 sen to RM5.81), IJM (+3 sen to RM3.53), BAT (+26 sen to RM45.26), IHH (+2 sen to RM6.02) and HAPSENG (+1 sen to RM8.93). Lagging Movers were AXIATA (-17 sen to RM5.23), GENTING (-23 sen to RM9.74), PETDAG (-32 sen to RM24.08), IOICORP (-5 sen to RM4.55) and TENAGA (-3 sen to RM13.80). Market breadth was negative with 317 gainers as compared to 625 losers.
The KLCI extended its losing streak after closing lower at 1767.17 points amid overnight losses in US market. The performance of our benchmark index was in tandem with most of our regional peers.
Date As of: 18 May 2017
Description Volume Value Frequency
ETF 968,300 99,171,100 28
Stock 8,439,565,105 7,476,744,578,774 339,879
Right 10,558,900 10,558,900 73
Warrant 23,139,800 1,217,495,800 1,469
Total 8,474,232,105 7,478,071,804,574 341,449
As of 18 May 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,679.05 4,463.30 215.75
Proprietary 4,759.22 4,657.49 101.73
Foreign 11,063.73 13,116.79 -2,053.06
Individual 17,557.35 15,821.77 1,735.59
Total Trading Value 38,059.35 M.Baht
SE Asia Stocks- Most end down as Trump tremors cut across global markets
Most Southeast Asian stock markets fell on Thursday tracking weak global shares on heightened concerns
over the Donald Trump administration's future following reports that the U.S. president allegedly tried to influence a federal investigation.
The allegations have not only cast a doubt over Trump's ability to deliver his promises of tax reforms and pro-growth
policies, but have raised the possibility he could end up leaving the presidency.
A small but growing number of Trump's fellow Republicans called on Wednesday for an independent probe of possible collusion between his 2016 campaign and Russia, and one even mentioned impeachment.
"Since obstruction of justice is considered to be an impeachable offence, I think that's what is keeping most
investors worried," said Victor Felix, an equity analyst with AB Capital Securities.'
"The story is still developing at the U.S. end and pretty much everyone is tracking that right now. Traders would be
moving to safe-haven assets and I think we are going to continue to see selling pressure in Asian equities."
Wall Street witnessed a heavy sell off on Wednesday with the S&P 500 .SPX and the Dow .DJI notching their biggest one-day fall since Sept. 9, 2016, while the dollar fell against safe haven currencies yen and Swiss franc.
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.8 percent at one point.
Among regional markets, Philippines .PSI ended at its lowest level in two weeks, as real estate and financial stocks
fell, after data showed that economy grew at its slowest pace in more than a year in the first quarter.
Ayala Land ALI.PS shed 2.7 percent, while BDO Unibank BDO.PS lost 1.4 percent.
Malaysian shares .KLSE logged a third day of loss, dragged down by telecom sector. Axiata Group Bhd AXIA.KL was the worst performer, closing 3.2 percent lower.
Meanwhile, Vietnam stocks .VNI pulled back from a more than one-month high to end flat. Singapore shares .STI also closed flat, while Thai stocks .SETI closed marginally lower.
Jakarta .JKSE defied the broader trend and ended 0.5 percent higher, helped by gains in financials. Indonesia's
central bank kept its benchmark interest rate unchanged, saying its decision was consistent with its efforts to maintain
stability at a time of recovery for Southeast Asia's largest economy.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 3221.66 3224.1 -0.08
Bangkok 1545.88 1548.29 -0.16
Manila 7757.69 7826.53 -0.88
Jakarta 5645.451 5615.492 0.53
Kuala Lumpur 1767.17 1775.65 -0.48
Ho Chi Minh 726.99 727.2 -0.03