ASEAN KEY DESTINATIONS
24 May 2018
The Straits Times Index (STI) ended 32.65 points or 0.93% higher to 3528.92, taking the year-to-date performance to +3.70%. For more details, go to www.sgx.com/research
The top active stocks today were DBS, which gained 0.77%, OCBC Bank, which gained 1.64%, ComfortDelGro, which gained 3.85%, Venture, which declined 2.33% and UOB, with a 0.89% advance.
The FTSE ST Mid Cap Index gained 1.00%, while the FTSE ST Small Cap Index rose 0.55%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.99%)
DBXT MSCI Indonesia ETF (+3.34%)
IS MSCI India (+0.61%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (+0.48%)
CapitaLand Commercial Trust (+0.59%)
Ascendas REIT (+0.76%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180808 (+4.88%)
UOB MB eCW180806 (+10.00%)
KepCorp MBeCW180910 (+7.81%)
Singapore Stock Market
*ST Index 3,528.92 +32.65 3,496.27 -46.91
Volume: 1,526.3M 1,357.8M
Value: $1,156.1M $1,327.5M
Gainers/Losers: 206/177 156/307
Daily Market Commentary (Securities)
24 May 2018
The FBM KLCI index lost 28.59 points or 1.58% on Thursday. The Finance Index fell 2.33% to 17722.89 points, the Properties Index dropped 0.98% to 1071.9 points and the Plantation Index down 0.56% to 7837.53 points. The market traded within a range of 41.72 points between an intra-day high of 1809.90 and a low of 1768.18 during the session.
Actively traded stocks include SAPNRG, MYEG, MAYBANK, EDUSPEC, PWORTH, HIBISCS, HSI-H4A, MRCB, HSI-C3E and YTL. Trading volume decreased to 2693.53 mil shares worth RM3342.17 mil as compared to Wednesday’s 2693.53 mil shares worth RM3342.17 mil.
Leading Movers were ASTRO (+7 sen to RM1.59), PETGAS (+16 sen to RM17.84), HLBANK (+10 sen to RM19.00), MAXIS (+3 sen to RM5.76) and HAPSENG (+3 sen to RM9.73). Lagging Movers were MAYBANK (-42 sen to RM10.26), MISC (-16 sen to RM6.06), GENM (-17 sen to RM4.93), PBBANK (-74 sen to RM24.36) and AXIATA (-13 sen to RM4.30). Market breadth was negative with 235 gainers as compared to 752 losers.
The KLCI tumbled to 1775.66 points amid overnight mixed performance in US market. The performance of our local bourse was bogged down by bad sentiment on Malaysia’s high debt concern.
Date : Thursday, 24-May-2018 Time : 00:00:00
Description Volume (Shares/Unit) Value (Rupiah) Frequency
ETF 15,251,500 7,192,747,500 38
Stock 8,383,057,682 8,216,944,495,211 446,585
Warrant 20,200,000 3,316,851,100 1,501
Total 8,418,509,182 8,227,454,093,811 448,124
As of 24 May 2018 Unit: M.Baht
Type Buy Sell Net
Institution 7,280.03 7,023.93 256.09
Proprietary 7,655.10 7,789.24 -134.13
Foreign 21,250.18 25,914.83 -4,664.65
Individual 28,221.66 23,678.97 4,542.69
Total Trading Value 64,406.97 M.Baht
SE Asia Stocks-Indonesia jumps most in 22 months; Malaysia falls further
* Malaysia marks lowest close since December 2017
* Philippines closes higher for first time in 7 sessions
By Karthika Suresh Namboothiri
May 24 (Reuters) - Indonesian stocks jumped 2.7 percent on Thursday, the most since August 2016, while Malaysian shares fell for a fourth straight session as a widening probe over corruption linked to the previous government and continued capital outflows weighed on investor sentiment.
Financials accounted for most of the gains in Indonesia with Unilever Indonesia UNVR.JK rising 3.7 percent and Bank Central Asia BBCA.JK climbing 2.1 percent.
Movements in financials were valuation-driven, said Nomura Indonesia analyst Elvira Tjandrawinata.
There has been little downgrade in terms of earnings but valuation has come down because of receding share prices, she said.
The financial subindex trades at price to current fiscal year's earnings ratio of 13.47, compared with last one year's average of 14.87.
Reports that the government plans to disburse a higher Eid holiday bonus are also likely to push the Jakarta stock index higher, Trimegah Securities said in a note.
Malaysian shares .KLSE fell 1.6 percent to their lowest close since Dec. 27, dragged by financials.
Malayan Banking Bhd MBBM.KL was the biggest drag with a drop of 3.9 percent.
"The political malaise is weakening MYR (ringgit) and that usually triggers some outflows. But I also believe the local markets are caught up in risk aversion," said Stephen Innes, head of trading APAC at Oanda.
Finance Minister Lim Guan Eng had said earlier this week that the previous government led by Najib Razak deceived the public and parliament over the country's financial situation and 1MDB.
Philippine shares .PSI snapped six straight sessions of fall to close 1.2 percent higher, while Singapore stocks .STI
rose nearly 1 percent.
Lenders Oversea-Chinese Banking Corp OCBC.SI and DBS Group Holdings DBSM.SI were the top boost in Singapore, rising 1.6 percent and 0.8 percent, respectively.
Thai shares .SETI declined 1.2 percent, dragged by energy stocks. PTT PCL PTT.BK ended 5.1 percent lower and PTT Exploration and Production PTTEP.BK fell 3.1 percent with crude oil prices declining on the prospect of the first increase in OPEC output since 2016.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous close Pct Move
Singapore 3528.92 3496.27 0.93
Bangkok 1732.51 1753.6 -1.20
Manila 7652.53 7560.47 1.22
Jakarta 5946.538 5792.001 2.67
Kuala Lumpur 1775.66 1804.25 -1.58
Ho Chi Minh 985.92 988.94 -0.31