ASEAN KEY DESTINATIONS
13 November 2017
The Straits Times Index (STI) ended 0.97 points or 0.03% lower to 3419.13, taking the year-to-date performance to +18.69%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 1.08%, Singtel, which declined 1.06%, Genting Sing, which closed unchanged, COSCO SHP SG, which gained 23.86% and Keppel Corp, with a 2.13% advance.
The FTSE ST Mid Cap Index gained 0.51%, while the FTSE ST Small Cap Index rose 0.56%.
The three most active Exchange Traded Funds (ETFs) by value today were:
Lion-Phillip S-REIT (unchanged)
STI ETF (+0.29%)
IS MSCI India (-0.69%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (-0.49%)
Mapletree Log Tr (-0.39%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180412 (unchanged)
DBS MB ePW180412 (unchanged)
DBS MB eCW180115 (-15.24%)
Singapore Stock Market
*ST Index 3,419.13 -0.97 3,420.1 -3.81
Volume: 2,244M 2,157.1M
Value: $1,217.6M $1,335.5M
Gainers/Losers: 251/217 206/236
Daily Market Commentary (Securities)
13 November 2017
The FBM KLCI index lost 4.79 points or 0.27% on Monday. The Finance Index fell 0.30% to 16180.3 points, the Properties Index dropped 0.45% to 1223.19 points and the Plantation Index down 0.75% to 7955.66 points. The market traded within a range of 9.23 points between an intra-day high of 1746.72 and a low of 1737.49 during the session.
Actively traded stocks include TRIVE, SUMATEC, MUIIND, PALETTE, HIBISCS, PUC, DGSB, XOX, HUBLINE and KEYASIC. Trading volume decreased to 2893.63 mil shares worth RM2239.49 mil as compared to Friday’s 3108.62 mil shares worth RM2136.16 mil.
Leading Movers were PETDAG (+210 sen to RM23.70), WPRTS (+8 sen to RM3.75), MISC (+7 sen to RM7.37), AMMB (+2 sen to RM4.35) and HAPSENG (+3 sen to RM9.34). Lagging Movers were IJM (-10 sen to RM2.97), PETGAS (-36 sen to RM17.44), IOICORP (-8 sen to RM4.42), ASTRO (-5 sen to RM2.77) and RHBBANK (-6 sen to RM4.83). Market breadth was negative with 319 gainers as compared to 594 losers.
The KLCI ended with a negative note, closed lower at 1737.49 points. The performance of our local bourse was bogged down by selling interest in heavy weight counter such as IJM, Petronas and IOI.
Date As of: 13 November 2017
Description Volume Value Frequency
ETF 841,600 179,744,000 21
Stock 14,842,166,457 7,569,977,528,281 335,943
Warrant 22,908,000 2,110,532,800 1,911
Total 14,865,916,057 7,572,267,805,081 337,875
As of 13 November 2017 Unit: M.Baht
Type Buy Sell Net
Institution 5,442.35 4,693.30 749.04
Proprietary 5,872.37 6,330.72 -458.36
Foreign 16,790.94 18,486.12 -1,695.18
Individual 24,479.14 23,074.65 1,404.49
Total Trading Value 52,584.79 M.Baht
SE Asia Stocks-Most end down on U.S. tax reform jitters
Most Southeast Asian stock markets gave up early gains on Monday to close lower on uncertainty over a
U.S. tax reform deal, while Vietnam shares closed at their highest in nearly a decade.
World stock markets moved further away from recent record highs as U.S. Senate Republicans unveiled a new tax plan that differs from the House of Representatives' version and there are few signs of a compromise.
"Digesting tax reform banter is an unsavoury business as even the ambient noise is triggering unusual moves across asset classes," Stephen Innes, head of trading in Asia-Pacific for Oanda in Singapore, wrote in a note.
"Besides with Christmas just around the corner, investors will be more inclined to book year-end profits, adding to sell-off momentum."
Vietnam shares .VNI extended gains into a seventh session and closed 1.3 percent higher. They have climbed more than 32 percent so far this year, making them the region's best performer.
Food processor Vietnam Dairy Products Joint Stock Co VNM.HM was the biggest boost, rising 6.2 percent to a record closing high.
Philippine shares .PSI dropped 1.2 percent, dragged by industrial and real estate stocks.
SM Investments Corp SM.PS ended 2.8 percent lower, while Ayala Land ALI.PS declined 3 percent.
The market fell on profit-booking in stocks which saw steep rises in the last few sessions, said Fio Dejesus of Manila-based RCBC Securities.
Singapore shares .STI closed marginally lower with gains in industrials outweighed by losses in financials.
DBS Group Holdings Ltd DBSM.SI was the biggest drag with a decline of 1.1 percent.
Thai stocks .SETI dropped for a third straight session and hit their lowest close since Oct. 19.
Airports of Thailand Public Co Ltd AOT.BK closed 1.3 percent lower, while Total Access Communication PCL DTAC.BK ended down 6.3 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Pct Move
Singapore 3419.13 3 420.1 -0.03
Bangkok 1687.05 1689.28 -0.13
Manila 8330.02 8433.48 -1.23
Jakarta 6021.456 6021.828 -0.01
Kuala Lumpur 1737.49 1742.28 -0.27
Ho Chi Minh 879.34 868.21 1.28