ASEAN KEY DESTINATIONS
16 November 2016
The Straits Times Index (STI) ended 3.56 points or 0.13% lower to 2793.99, taking the year-to-date performance to -3.08%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which closed unchanged, DBS, which declined 0.86%, OCBC Bank, which gained 0.57%, UOB, which gained 0.58% and Global Logistic, with a 1.72% fall.
The FTSE ST Mid Cap Index gained 0.32%, while the FTSE ST Small Cap Index rose 0.02%.
The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index, which rose 0.78%. The two biggest stocks of the Index - CapitaLand Mall Trust and Ascendas REIT – ended 1.32% higher and 2.27% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.50%. Midas Holdings shares declined 2.27% and Halcyon Agri Corporation remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Indonesia ETF (+3.04%)
IS MSCI India (-0.15%)
SPDR Gold Shares (-0.09%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+2.27%)
CapitaLand Mall Trust (+1.32%)
CapitaLand Commercial Trust (+0.68%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
OCBC Bk MB eCW170306 (+6.67%)
UOB MB eCW170201 (+4.55%)
Singapore Stock Market
*ST Index 2,793.99 -3.56 2,797.55 +10.28
Volume: 1,734.3M 1,714.4M
Value: $1,259.2M $1,213.8M
Gainers/Losers: 201/185 182/205
Daily Market Commentary (Securities)
16 November 2016
The FBM KLCI index lost 2.93 points or 0.18% on Wednesday. The Finance Index fell 0.41% to 14163.34 points, the Properties Index up 0.27% to 1164.03 points and the Plantation Index rose 0.52% to 7798.46 points. The market traded within a range of 13.09 points between an intra-day high of 1637.40 and a low of 1624.31 during the session.
Actively traded stocks include REACH-WA, RGB, AAX, HIBISCS, APFT, VIVOCOM, HSI-C54, CIMB, PERISAI and HSI-H57. Trading volume increased to 1835.49 mil shares worth RM2070.04 mil as compared to Tuesday’s 1342.78 mil shares worth RM1895.94 mil.
Leading Movers were HLFG (+26 sen to RM15.16), SKPETRO (+2 sen to RM1.44), PPB (+16 sen to RM15.98), KLK (+22 sen to RM23.92) and GENTING (+6 sen to RM7.74). Lagging Movers were BAT (-80 sen to RM44.04), MAYBANK (-12 sen to RM7.66), GENM (-7 sen to RM4.50), KLCC (-1 sen to RM7.54) and SIME (-7 sen to RM8.02). Market breadth was negative with 349 gainers as compared to 449 losers.
The KLCI closed lower at 1627.63 points despite overnight gains in Wall Street. Investors were taking profit amid absence of fresh positive leads.
Date As of: 16 November 2016
Description Volume Value Frequency
ETF 105,200 12,458,400 09
Stock 11,154,051,682 9,696,668,948,398 354,584
Right 73,726,900 78,224,100 163
Warrant 16,801,500 752,845,700 161
Total 11,244,685,282 9,697,512,476,598 354,917
As of 16 November 2016 Unit: M.Baht
Type Buy Sell Net
Institution 7,367.95 4,206.27 3,161.68
Proprietary 4,884.39 6,049.05 -1,164.66
Foreign 14,732.24 16,811.40 -2,079.16
Individual 29,897.64 29,815.51 82.13
Total Trading Value 56,882.23 M.Baht
SE Asia Stocks-Indonesia, Philippines gain; Singapore falls in choppy trade
Indonesian and Philippine stocks rose on Wednesday, snapping three sessions of losses, while Singapore
pared early gains to close marginally lower.
Energy shares, boosted by an overnight rally in oil prices, led gains in three of the six markets in Southeast Asia.
Oil prices jumped 6 percent on Tuesday on renewed expectations that OPEC will agree later this month to reduce a
global supply glut, but gave up some of the gains in Wednesday's trade.
Investors are awaiting U.S. Federal Reserve Chair Janet Yellen's remarks before the Congressional Joint Economic
Committee on Thursday that could give a hint of how hard and how quickly Republicans may try to overhaul the Fed's powers after Donald Trump's presidential victory.
The outcome of the election may have set off a few tremors in markets but the Fed is on course to raise interest rates next month, a Reuters poll of economists showed. RPOLL
"All eyes will be on Yellen speech on Nov. 17", Taye Shim, an analyst with Daewoo Securities in Indonesia said in a note.
Indonesian stocks .JKSE closed 2.1 percent higher, posting their biggest intraday percentage gain since Sept. 15, led by energy and utility shares.
Indonesian oil and gas producer PT Medco Energi Internasional Tbk MEDC.JK , ended 4 percent higher and was
among the top gainers in the energy sector.
Philippine stocks closed 1.6 percent higher, led by financials, with SM Prime Holdings Inc SMPH.SI gaining 3.9
The Philippines' September remittances was at $2.38 billion, up 6.7 pct year-on-year, a rise that is helping Philippine
markets, said April Lee-Tan at COL Financial Group Inc.
Reversing earlier gains, Thailand .SETI and Singapore .STI closed marginally lower.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 2793.99 2797.55 -0.13
Bangkok 1474.64 1476.46 -0.12
Manila 6966.28 6857.15 1.59
Jakarta 5185.465 5078.501 2.11
Kuala Lumpur 1627.63 1630.56 -0.18
Ho Chi Minh 674.6 674.26 0.05