ASEAN KEY DESTINATIONS
03 May 2017
The Straits Times Index (STI) ended 26.7 points or 0.83% higher to 3237.81, taking the year-to-date performance to +12.39%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 4.88%, OCBC Bank, which gained 2.00%, UOB, which gained 1.93%, Noble, which declined 4.65% and Singtel, with a 0.27% advance.
The FTSE ST Mid Cap Index declined 0.67%, while the FTSE ST Small Cap Index rose 0.20%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.13%)
STI ETF (+0.93%)
IS MSCI India (+0.50%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.16%)
Suntec REIT (-0.85%)
CapitaLand Mall Trust (unchanged)
The most active stock warrants by value today were:
DBS MB eCW170710 (+70.30%)
UOB MB eCW171101 (+13.99%)
OCBC Bk MB eCW171113 (+15.52%)
Singapore Stock Market
*ST Index 3,237.81 +26.7 3,211.11 +35.67
Volume: 1,544.1M 2,392.2M
Value: $1,224.1M $1,492.2M
Gainers/Losers: 198/255 208/280
Daily Market Commentary (Securities)
3 May 2017
The FBM KLCI index lost 5.96 points or 0.34% on Wednesday. The Finance Index fell 0.32% to 16419.53 points, the Properties Index dropped 0.41% to 1322.81 points and the Plantation Index down 0.45% to 8031.46 points. The market traded within a range of 14.73 points between an intra-day high of 1784.79 and a low of 1770.06 during the session.
TActively traded stocks include KGROUP, DNEX, DATAPRP, DNEX-WD, ANZO, AAX, TALAMT, FRONTKN, XOX and TIGER. Trading volume increased to 3899.93 mil shares worth RM3042.37 mil as compared to Tuesday’s 3883.57 mil shares worth RM3484.01 mil.
TLeading Movers were PETGAS (+20 sen to RM19.00), HAPSENG (+9 sen to RM8.94), AXIATA (+4 sen to RM5.21), ASTRO (+2 sen to RM2.73) and MAXIS (+2 sen to RM6.46). Lagging Movers were WPRTS (-11 sen to RM3.84), GENM (-13 sen to RM5.86), PETCHEM (-13 sen to RM7.15), IOICORP (-8 sen to RM4.51) and PETDAG (-30 sen to RM23.96). Market breadth was negative with 391 gainers as compared to 535 losers.
TThe KLCI halted its winning streak and closed lower at 1772.51 points despite overnight gains in US market. The performance of our local bourse was bogged down by selling interests in heavy weight counters like Genting, Petronas Chemical and IOI Corp.
Date As of: 03 May 2017
Description Volume Value Frequency
ETF 910,400 90,681,300 43
Stock 9,549,543,716 6,919,697,495,119 277,066
Warrant 58,645,520 8,998,870,980 1,912
Total 9,609,099,636 6,928,787,047,399 279,021
As of 3 May 2017 Unit: M.Baht
Type Buy Sell Net
Institution 4,652.58 3,975.07 677.51
Proprietary 3,852.41 4,168.60 -316.19
Foreign 9,488.84 9,799.70 -310.86
Individual 14,538.74 14,589.20 -50.46
Total Trading Value 32,532.57 M.Baht
SE Asia Stocks-Singapore extends gains; most others down ahead of Fed statement
Singapore shares extended gains into a second session on Wednesday, helped by financials, while most
other Southeast Asian markets finished lower as investors were cautious ahead of the U.S. Federal Reserve's policy decision.
The Fed, which concludes its two-day meeting later in the day, is expected to hold interest rates steady, but may hint
that it is on track for a hike in June.
"The Fed meeting... is widely watched by most market participants on what the decision is going to be on the rate
hike, well not necessarily the rate hike but the rate decision, as well as what they're going to do with their balance sheet," said Taye Shim, head of research at Mirae Asset Sekuritas Indonesia.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent, while expectations that the Federal Reserve might signal a June rate hike helped lift the dollar.
Shares in Indonesia .JKSE , Southeast Asia's largest economy, fell 0.5 percent to their lowest close since April 20,
with losses being broad-based.
"For Indonesia, I don't think that first-quarter GDP, which is expected to be out Friday, is going to top market
expectations," said Shim.
Bank Indonesia said economic growth in the first quarter was likely slower than its initial expectation, pointing to
declining retail sales.
Philippine shares .PSI fell 0.3 percent with financials and telecoms leading the decline.
GT Capital Holdings Inc GTCAP.PS dipped 2.6 percent, while Globe Telecom Inc GLO.PS dropped 2.3 percent.
Asian equities saw inflows of about $3 billion in the week ended April 28, after two weeks of outflows, with Korea and Thailand receiving the highest, followed by Malaysia which got $332.6 million, MIDF Research said in a note.
"Foreign buying on Bursa has now stretched for 12 consecutive weeks, the longest since the 24-week buying streak
which ended in May 2013, the month of the last General Election," said MIDF Research.
Malaysian shares .KLSE closed 0.3 percent lower, dragged down by financial, consumer and material stocks.
In Singapore, financials outperformed other sectors.
Oversea-Chinese Banking Corp Ltd OCBC.SI rose 2 percent and United Overseas Bank Ltd UOBH.SI added 1.9 percent.
Vietnam .VNI climbed 0.3 percent, posting their highest close since April 13, boosted by financials, while Thailand
.SETI closed flat.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Close Pct Move
Singapore 3237.81 3211.11 0.83
Bangkok 1564.12 1564.12 0.00
Manila 7682.26 7703.1 -0.27
Jakarta 5647.368 5675.808 -0.50
Kuala Lumpur 1772.51 1778.47 -0.34
Ho Chi Minh 719.54 717.73 0.25