ASEAN KEY DESTINATIONS
24 November 2016
The Straits Times Index (STI) ended 4.03 points or 0.14% higher to 2843.72, taking the year-to-date performance to -1.35%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which gained 3.04%, DBS, which gained 0.24%, OCBC Bank, which gained 0.11%, UOB, which declined 0.25% and StarHub, with a 2.50% advance.
The FTSE ST Mid Cap Index gained 0.04%, while the FTSE ST Small Cap Index rose 0.01%.
The outperforming sectors today were represented by the FTSE ST Telecommunications Index, which rose 2.99%. The two biggest stocks of the Index - Singtel and StarHub – ended 3.04% higher and 2.50% higher respectively.
The underperforming sector was the FTSE ST Utilities Index, which slipped 1.20%. Keppel Infrastructure Trust shares declined -1.03% and SIIC Environment Holdings declined -0.83%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-0.77%)
SPDR Gold Shares (-2.20%)
STI ETF (+0.35%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (-0.26%)
Mapletree Com Tr (+1.06%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170612 (+7.69%)
DBS MB ePW170612 (-5.60%)
UOB MB eCW170605 (+0.68%)
Singapore Stock Market
*ST Index 2,843.72 +4.03 2,839.69 +17.49
Volume: 1,330.6M 1,571.2M
Value: $1,229.1M $1,238.8M
Gainers/Losers: 179/237 204/201
Daily Market Commentary (Securities)
24 November 2016
The FBM KLCI index lost 6.17 points or 0.38% on Thursday. The Finance Index fell 0.02% to 14151.23 points, the Properties Index up 0.03% to 1156.37 points and the Plantation Index rose 0.14% to 7690.49 points. The market traded within a range of 6.27 points between an intra-day high of 1629.88 and a low of 1623.61 during the session.
Actively traded stocks include APFT, ARMADA, REACH-WA, BORNOIL-WC, GPACKET, HSI-C48, FGV, AMEDIA, APPASIA and HSI-H63. Trading volume decreased to 1300.58 mil shares worth RM1269.31 mil as compared to Wednesday’s 1558.81 mil shares worth RM1825.05 mil.
Leading Movers were AMMB (+4 sen to RM4.18), CIMB (+4 sen to RM4.64), SKPETRO (+1 sen to RM1.47), MAYBANK (+2 sen to RM7.70) and TM (+1 sen to RM6.29). Lagging Movers were AXIATA (-17 sen to RM4.31), ASTRO (-6 sen to RM2.67), GENM (-9 sen to RM4.63), RHBBANK (-7 sen to RM4.68) and BAT (-64 sen to RM43.86). Market breadth was negative with 302 gainers as compared to 452 losers.
The KLCI extended its midday losses and closed lower at 1624.21 points amid overnight mixed performance in Wall Street. Our benchmark index was dragged down by losses in heavyweight counters such as Axiata and Astro.
Date As of: 24 November 2016
Description Volume Value Frequency
ETF 26,200 17,248,100 25
Stock 13,872,048,867 8,523,688,066,719 315,332
Right 47,199,708 10,291,556,824 2,301
Warrant 106,516,200 431,004,500 654
Total 14,025,790,975 8,534,427,876,143 318,312
As of 24 November 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,932.87 3,133.54 799.33
Proprietary 3,518.90 3,346.99 171.91
Foreign 7,779.34 9,095.11 -1,315.77
Individual 18,521.26 18,176.73 344.53
Total Trading Value 33,752.37 M.Baht
SE Asia Stocks-Most fall on Fed rate hike chances; Indonesia down 2 pct
Southeast Asian stock markets were flat to lower as investors turned risk-averse after positive U.S. economic data and minutes from a Federal Reserve meeting increased the likelihood of an interest rate hike next month.
New orders for U.S. manufactured capital goods rebounded in October, the latest indication of an acceleration in economic
growth early in the fourth quarter. Consumer sentiment also jumped in November in the wake of Trump's election.
Minutes from the U.S. Fed's Nov.1-2 meeting, released on Wednesday, showed policymakers were confident that a
strengthening economy was enough to warrant interest rate increases soon. urn:newsml:reuters.com:*:nTLANMEC75
The Fed meeting shows a 100 percent chance of a rate hike next month, said Joseph Roxas, an analyst at Manila-based Eagle Equities.
The rate increase and a better economy are starting to bring money back to the U.S. market and that money is probably coming
from emerging markets such as the Philippines and the rest of Asia, he said.
Indonesia .JKSE fell more than 1 percent to 5,148.60 as of 0500 GMT, dragged down by financials, with index heavyweight PT
Bank Mandiri (Persero) Tbk BMRI.JK shedding 3.4 percent.
"We expect the JCI (Jakarta Composite Index) to experience profit-taking within the range of 5,185-5,230," Trimegah
Securities said in a note.
Malaysia .KLSE fell 0.4 percent after rising for three straight sessions, led lower by consumer cyclicals and
Entertainment firm Genting Bhd GENT.KL slid 0.9 percent, while IHH Healthcare Berhad IHHH.KL fell 0.6 percent.
Vietnam .VNI lost 0.6 percent, snapping three sessions of gains, with industrials leading the losses. Faros Construction
Corporation ROS.HM fell 5.8 percent, while electric lighting fixtures manufacturer CII Bridges and Roads Investment LGC.HM
dropped 6.5 percent.
Thailand .SETI was down slightly, while the Philippine .PSI index was flat.
Singapore .STI cut losses after falling as much as 0.9 percent in early trade as the government slashed its economic
growth outlook and exports forecasts for 2016 after the economy contracted in the third quarter.
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS pulled back from a 12-day high
scaled the previous day to lose 0.5 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2838.24 2839.69 -0.05
Bangkok 1494.68 1496.36 - 0.11
Manila 6839.78 6836.64 0.05
Jakarta 5148.603 5211.996 -1.22
Kuala Lumpur 1624.37 1630.38 -0.37
Ho Chi Minh 679.34 683.16 -0.56