ASEAN KEY DESTINATIONS
23 May 2018
The Straits Times Index (STI) ended 46.91 points or 1.32% lower to 3496.27, taking the year-to-date performance to +2.74%. For more details, go to www.sgx.com/research
The top active stocks today were Singtel, which declined 1.77%, DBS, which declined 1.54%, OCBC Bank, which declined 1.84%, UOB, which declined 1.42% and Genting Sing, with a 3.05% fall.
The FTSE ST Mid Cap Index declined 1.41%, while the FTSE ST Small Cap Index declined 0.47%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Lion-Phillip S-REIT (+0.90%)
SPDR Gold Shares (-0.11%)
IS MSCI India (-1.44%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-0.95%)
Ascendas REIT (-1.50%)
CapitaLand Commercial Trust (-2.87%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180808 (-15.46%)
UOB MB eCW180806 (-12.28%)
KepCorp MBeCW180910 (-9.86%)
Singapore Stock Market
*ST Index 3,496.27 -46.91 3,543.18 -5.05
Volume: 1,357.8M 1,062.3M
Value: $1,327.5M $894.9M
Gainers/Losers: 156/307 157/230
Daily Market Commentary (Securities)
23 May 2018
The FBM KLCI index lost 40.78 points or 2.21% on Wednesday. The Finance Index fell 1.63% to 18145.2 points, the Properties Index dropped 0.88% to 1082.47 points and the Plantation Index down 0.74% to 7881.42 points. The market traded within a range of 39.15 points between an intra-day high of 1843.40 and a low of 1804.25 during the session.
Actively traded stocks include SAPNRG, MYEG, NETX, HSI-C3B, AAX, PWORTH, DRBHCOM, YTLPOWR, HENGYUAN-CM and HSI-H4A. Trading volume increased to 2693.53 mil shares worth RM3342.17 mil as compared to Tuesday’s 2358.17 mil shares worth RM2741.22 mil.
Leading Movers were KLCC (+14 sen to RM7.92), HLBANK (+10 sen to RM18.90), GENM (+0 sen to RM5.10), YTL (+0 sen to RM1.01) and IHH (+1 sen to RM6.32). Lagging Movers were AXIATA (-64 sen to RM4.43), CIMB (-43 sen to RM6.22), MISC (-38 sen to RM6.29), TM (-20 sen to RM4.00) and SIME (-10 sen to RM2.69). Market breadth was negative with 237 gainers as compared to 763 losers.
The KLCI closed with 40.78 points lower at 1804.25 points amid overnight losses in US market. The performance of our local bourse was bogged down by bad sentiment on Malaysia’s high debt concern.
Date : Wednesday, 23-May-2018 Time : 00:00:00
Description Volume (Shares/Unit) Value (Rupiah) Frequency
ETF 1,531,654 160,859,900 34
Stock 9,034,715,437 8,927,599,535,450 423,986
Warrant 12,004,225 2,578,897,400 727
Total 9,048,251,316 8,930,339,292,750 4,747
As of 23 May 2018 Unit: M.Baht
Type Buy Sell Net
Institution 4,634.04 6,414.75 -1,780.71
Proprietary 8,704.39 6,848.29 1,856.10
Foreign 23,230.72 28,174.89 -4,944.17
Individual 27,640.37 22,771.59 4,868.78
Total Trading Value 64,209.52 M.Baht
SE Asia Stocks-Most markets fall; Malaysia slumps over 2 pct
* Malaysia declines most in about 2-1/2 years
* Singapore touches over 5-week closing low
* Philippines extends fall into 6th session
By Karthika Suresh Namboothiri
May 23 (Reuters) - Most Southeast Asian stock markets fell on Wednesday, with Malaysia declining the most since January 2016, as risk appetite took a hit after U.S. President Donald Trump tempered optimism over trade talks between the world's top two economies.
MSCI's Asian stocks outside Japan were down 0.8 percent after U.S. President Donald Trump said he was not
pleased with recent trade talks with Beijing.
"The on-and-off status of U.S.-China trade talks is affecting sentiment. At some point, traders may just decide to
stay on the sidelines," said Liu Jinshu, director of research, NRA Capital.
Malaysian shares .KLSE plunged 2.21 percent to their lowest close since early January over worries about the size of debt its previous government had left behind.
Finance Minister Lim Guan Eng said on Tuesday that the previous government deceived the public and parliament over the country's financial situation and state fund 1Malaysia Development Bhd.
This came amid worries that the new government's populist promises could undermine the country's economic prospects at an increasingly challenging time.
Foreign stock inflows for 2018 have been wiped out, with the market posting net outflows of $21.2 million as of May 21, according to data from OCBC Bank.
Telecom company Axiata Group slumped 12.6 percent on weak quarterly earnings, while CIMB Group Holdings fell 6.5 percent.
Singapore shares .STI fell 1.3 percent to their lowest close in more than five weeks. Index heavyweight Oversea-Chinese Banking Corp OCBC.SI declined 1.8 percent, while DBS Group DBSM.SI dropped 1.5 percent.
Banking stocks traded lower as they are likely to have some exposure to Hyflux Ltd's HYFL.SI debt, said Liu Jinshu.
Water treatment company Hyflux said on Tuesday it filed for reorganisation of its business after lower electricity prices hurt its finances.
The city-state's headline consumer price index rose lower than expected in April from a year earlier.
Philippine shares .PSI erased early gains to end 1.1 percent lower, extending falls into a sixth session. Property
operator SM Investments Corp SM.PS closed 3.5 percent lower.
Meanwhile, Indonesian shares .JKSE rose 0.7 percent to their highest close in a week.
Financials and consumer stocks were among the top gainers, with Astra International and Bank Mandiri BMRI.JK
rising 4 percent each.
Vietnam shares fell 2 percent in intraday trading before recovering to close 0.3 percent higher.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3496.27 3543.18 -1.32
Bangkok 1753.6 1760.71 -0.40
Manila 7560.47 7646.2 -1.12
Jakarta 5792.001 5751.119 0.71
Kuala Lumpur 1804.25 1845.03 -2.21
Ho Chi Minh 988.94 985.91 0.31