ASEAN KEY DESTINATIONS
*ST Index 3,060.85 +42.05 3,018.8 +52.35
Volume: 2,331M 2,268M
Value: $1,230.3M $1,483.1M
Gainers/Losers: 226/175 259/151
04 October 2018
Daily Market Commentary (Securities)
01 November 2018
The FBM KLCI index lost 2.35 points or 0.14% on Thursday. The Finance Index fell 0.27% to 17202.44 points, the Properties Index up 0.29% to 879.72 points and the Plantation Index rose 0.02% to 7360.5 points. The market traded within a range of 10.11 points between an intra-day high of 1711.39 and a low of 1701.28 during the session.
Actively traded stocks include SEACERA, DSONIC, PRESBHD, ORION, HIBISCS, MYEG, HSI-H4V, NGGB-WA, SEACERA-WC and HSI-C3X. Trading volume decreased to 2180.55 mil shares worth RM1660.32 mil as compared to Wednesday’s 2332.86 mil shares worth RM2377.33 mil.
Leading Movers were MISC (+51 sen to RM6.61), SIME (+8 sen to RM2.28), RHBBANK (+8 sen to RM5.31), GENM (+4 sen to RM4.53) and AXIATA (+3 sen to RM3.44). Lagging Movers were DIGI (-9 sen to RM4.22), PMETAL (-10 sen to RM4.74), PPB (-20 sen to RM16.56), DIALOG (-4 sen to RM3.35) and TENAGA (-14 sen to RM14.56). Market breadth was positive with 434 gainers as compared to 364 losers.
The KLCI halted its winning streak and closed lower at 1706.92 points despite overnight gain in US market. The performance of our benchmark index was limited as profit taking kicked in.
Date : Thursday, 01-Nov-2018
Description Volume (Shares/Unit) Value (Rupiah) Frequency
ETF 65,300 32,685,100 45
Stock 9,545,468,196 8,548,094,321,232 398,765
Warrant 123,719,085 13,158,308,925 9,763
Total 9,669,252,581 8,561,285,315,257 408,573
Type Buy Sell Net
Institution 7,574.73 3,009.77 4,564.96
Proprietary 6,012.00 5,879.63 132.37
Foreign 18,616.79 20,194.86 -1,578.08
Individual 18,723.70 21,842.95 -3,119.25
Total Trading Value 50,927.21 M.Baht
SE Asia Stocks-Subdued; Singapore hits 1-week high as lenders jump
Singapore shares climbed to a one-week high on Thursday as lenders rallied after Oversea-Chinese Banking Corp posted a record quarterly profit, while other markets in the region were subdued.
Singapore shares .STI ended 1.4 percent higher after lender OCBC OCBC.SI reported a 12 percent rise in quarterly profit, helped by higher net interest income and a decline in allowances for bad debts.
Shares of OCBC closed 3.8 percent higher while rival DBS Group Holdings Ltd DBSM.SI , the largest lender in Southeast Asia, rose 2.1 percent to a one-week high. DBS Group will report its results next week.
However, escalating trade war woes between Washington and Beijing weakened factory activity and export orders across Asian countries. Manufacturing surveys showed contraction in factory activity in Malaysia as conditions for exporters and factories were deteriorating.
Malaysian shares .KLSE declined 0.1 percent, snapping a three-day gaining streak.
Malaysia's biggest lender by market value, Malayan Banking Bhd MBBM.KL , lost 1 percent and Hong Leong Bank Bhd HLBB.KL slumped to a more than one-week low.
Indonesian shares .JKSE ended marginally up after data showed the country's annual inflation rate accelerated to 3.06 percent in October, faster than September's 2.88 percent, but remained within the central bank's comfort range.
However, the country's central bank said it will inject liquidity at any sign of problem in the banking sector as loan
Bank Mandiri (Persero) Tbk PT BMRI.JK ended the session 5.5 percent higher while consumer goods maker Unilever Indonesia Tbk PT UNVR.JK shed 2.4 percent.
Thai shares .SETI closed flat after losses in energy stocks offset gains in most other sectors.
Petroleum and gas company PTT Pcl PTT.BK lost 2.9 percent, snapping a three-day winning streak as oil prices fell.
Data released earlier in the day showed Thailand's annual headline consumer price index rose 1.23 percent in October, slightly below analysts' forecast.
Vietnam shares .VNI ended 0.7 percent lower while the Philippine market was closed for a public holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3060.85 3018.8 1.39
Bangkok 1667.55 1669.09 -0.09
Jakarta 5835.92 5831.65 0.07
Kuala Lumpur 1706.92 1709.27 -0.14
Ho Chi Minh 907.96 914.76 -0.74