ASEAN KEY DESTINATIONS
01 November 2016
The Straits Times Index (STI) ended 0.18 points or 0.01% lower to 2813.69, taking the year-to-date performance to -2.39%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which declined 0.07%, ComfortDelGro, which gained 0.39%, Singtel, which gained 0.77%, UOB, which declined 0.32% and OCBC Bank, with a 0.24% advance.
The FTSE ST Mid Cap Index declined 0.05%, while the FTSE ST Small Cap Index declined 0.23%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 0.91%. The two biggest stocks of the Index - Raffles Medical Group and Riverstone Holdings- ended 1.00% higher and 0.55% higher respectively.
The underperforming sector was the FTSE ST Consumer Goods Index, which slipped 1.13%. Wilmar International shares gained 0.30% and Thai Beverage declined 2.59%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+0.83%)
SPDR Gold Shares (+0.44%)
STI ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (-0.48%)
Mapletree GCC Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+6.94%)
DBS VT eCW170213 (+6.10%)
UOB MB eCW170201 (-1.22%)
Singapore Stock Market
*ST Index 2,813.69 -0.18 2,813.87 -2.39
Volume: 1,306.3M 1,194.1M
Value: $832.9M $977.8M
Gainers/Losers: 167/182 179/189
Daily Market Commentary (Securities)
01 November 2016
The FBM KLCI index lost 1.53 points or 0.09% on Tuesday. The Finance Index fell 0.32% to 14534.85 points, the Properties Index dropped 0.17% to 1197.48 points and the Plantation Index down 0.72% to 7852.64 points. The market traded within a range of 3.02 points between an intra-day high of 1673.90 and a low of 1670.88 during the session.
Actively traded stocks include AAX, XOX, HIBISCS, KINSTEL, NEXGRAM, XDL, HIAPTEK, RGB, FGV and BORNOIL. Trading volume decreased to 1306.78 mil shares worth RM1672.59 mil as compared to Monday’s 1454.95 mil shares worth RM1891.16 mil.
Leading Movers were AXIATA (+15 sen to RM5.07), GENM (+4 sen to RM4.80), PBBANK (+14 sen to RM20.00), YTL (+1 sen to RM1.60) and WPRTS (+2 sen to RM4.43). Lagging Movers were ASTRO (-6 sen to RM2.79), SKPETRO (-3 sen to RM1.59), BAT (-90 sen to RM48.62), SIME (-13 sen to RM8.06) and KLCC (-12 sen to RM7.88). Market breadth was negative with 332 gainers as compared to 432 losers.
The KLCI swung between gains and losses before finishing lower at 1670.93 points amid overnight weaker performance in Wall Street. Market sentiment remained subdued given concerns on lower oil prices.
Date As of: 01 November 2016
Description Volume Value Frequency
ETF 45,000 29,224,200 22
Stock 11,431,313,532 6,974,329,843,555 306,158
Warrant 8,392,400 226,224,400 234
Total 11,439,750,932 6,974,585,292,155 306,414
As of 1 November 2016 Unit: M.Baht
Type Buy Sell Net
Institution 7,254.40 4,939.60 2,314.81
Proprietary 4,759.55 4,972.32 -212.76
Foreign 11,248.61 12,726.34 -1,477.74
Individual 31,401.22 32,025.53 -624.31
Total Trading Value 54,663.78 M.Baht
SE Asia Stocks-Subdued ahead of US Fed meet
Most Southeast Asian markets ended Tuesday flat to lower on caution ahead of a key meeting of the U.S
Federal Reserve that begins later in the day, with investors shrugging off upbeat Chinese factory activity data and firmer oil prices.
Oil prices rose from one-month lows after OPEC agreed on a long-term strategy, while China's manufacturing sector activity grew at the fastest pace in more than two years in October.
Investors looked for cues from the Fed's Open Market Committee meeting on a possible rate increase next month.
"This is quite a big week with the FOMC and BOJ... though a sense of relief has come through in terms of oil and China, markets are still waiting to see firmer signs...", said Vishnu Varathan, senior economist with Singapore-based Mizuho Corporate Bank.
The Bank of Japan (BOJ) held off on expanding stimulus and maintained short-term interest rate target at -0.1 percent, in line with expectations.
Sentiment was also subdued as new developments relating to Democratic presidential nominee Hillary Clinton weighed.
"Politics could also give rise to a lot of headline risks... it's going to be very noisy right into the election day and it's
also going to be a fairly volatile one," Varathan added.
Thailand .SETI rose for a second session, led by energy stocks and financials.
Thai Oil Pcl TOP.BK and Bank of Ayudhya Pcl BAY.BK rose 3.2 and 4.7 percent respectively, to their highest in nearly two months.
Singapore .STI ended flat, as gains in telecom stocks were offset by declines in consumer staples.
Singapore Telecommunications Ltd STEL.SI was the biggest gainer by points, while Thai Beverage PCL TBEV.SI was the biggest drag on the index, falling 2.6 percent.
Indonesia .JKSE closed marginally lower while Malaysia .KLSE was flat and Vietnam .VNI ended slightly higher.
Philippines .PSI was closed for All Saints' Day.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2813.69 2813.87 -0.01
Bangkok 1504.52 1495.72 0.59
Jakarta 5416.007 5422.542 -0.12
Kuala Lumpur 1670.93 1672.46 -0.09
Ho Chi Minh 676.6 675.8 0.12