ASEAN KEY DESTINATIONS
07 November 2017
The Straits Times Index (STI) ended 31.25 points or 0.92% higher to 3413.1, taking the year-to-date performance to +18.48%. For longer term observations please go to sgx.com/research.
The top active stocks today were DBS, which gained 3.07%, UOB, which gained 1.49%, OCBC Bank, which gained 0.77%, Genting Sing, which gained 2.83% and Singtel, with a 0.26% fall.
The FTSE ST Mid Cap Index gained 0.05%, while the FTSE ST Small Cap Index rose 0.10%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+0.88%)
Lion-Phillip S-REIT (+0.40%)
IS MSCI India (-1.67%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.76%)
CapitaLand Commercial Trust (+1.39%)
CapitaLand Mall Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180410 (+26.39%)
UOB MB eCW180410 (+10.32%)
DBS MB ePW180402 (-24.05%)
Singapore Stock Market
*ST Index 3,413.1 +31.25 3,381.85 -0.46
Volume: 2,719.8M 2,729.5M
Value: $1,427.8M $1,319.1M
Gainers/Losers: 257/184 209/239
Daily Market Commentary (Securities)
7 November 2017
The FBM KLCI index gained 8.65 points or 0.50% on Tuesday. The Finance Index increased 0.24% to 16327.87 points, the Properties Index dropped 0.13% to 1232.27 points and the Plantation Index down 0.71% to 8011.2 points. The market traded within a range of 8.50 points between an intra-day high of 1750.94 and a low of 1742.44 during the session.
Actively traded stocks include DGSB, ATTA-PR, BJCORP, TRIVE, SUMATEC, SENERGY, PALETTE, DIALOG, HUBLINE and BORNOIL. Trading volume increased to 3021.07 mil shares worth RM2665.68 mil as compared to Monday’s 3001.57 mil shares worth RM2081.79 mil.
Leading Movers were GENTING (+48 sen to RM9.35), GENM (+25 sen to RM5.30), PETGAS (+54 sen to RM17.64), YTL (+4 sen to RM1.31) and IHH (+12 sen to RM5.69). Lagging Movers were IOICORP (-8 sen to RM4.51), IJM (-5 sen to RM3.16), PETCHEM (-4 sen to RM7.33), PETDAG (-12 sen to RM22.46) and PPB (-6 sen to RM16.78). Market breadth was negative with 378 gainers as compared to 499 losers.
The KLCI closed higher at 1750.94 points despite overnight mixed performance in US market. The performance of our local bourse was in tandem with most of our regional peers amid Trump’s tour in Asia as investors watched for headlines.
Date As of: 07 November 2017
Description Volume Value Frequency
ETF 438,600 100,599,500 51
Stock 8,680,592,642 7,338,350,136,831 323,704
Warrant 46,182,800 2,458,964,200 1,907
Total 8,727,214,042 7,340,909,700,531 325,662
SET market report for October 2017
- SET Index closed at 1,721.37 points, up 11.6 pct from end-2016
- Average daily securities trading value up slightly to USD 1.9 bln,
- Market cap at THB 17.4 trillion (USD 512 billion), a 12 pct rise from end-2016
- Average derivatives trading rose to 449,542 contracts/ day.
BANGKOK, November 7, 2017 - The Stock Exchange of Thailand (SET) Index gained 11.6 percent from the end of last year and 2.9 percent from the end of September to 1,721.37 points at the end of October. Thailand Futures Exchange (TFEX) average derivatives trading volume was 449,542 contracts per day, rising 22.4 percent year-on-year.
SET Senior Executive Vice President Pakorn Peetathawatchai said the higher SET Index in October was in line with other Asian markets' stock movement, propelled by optimism over third quarter's earnings, while the average derivatives trading volume, especially Single Stock Futures, rose year-on-year.
Key highlights for October
- In October, foreign investors sold a net THB 7.12 billion of Thai shares, while being net buyers at THB 1.83 billion during January-October. The 10-month foreign buying was in the same direction as the foreign net buying in Thai bonds since the beginning of this year.
- SET Index ended October at 1,721.37 points, up 11.6 percent from end-2016.
Four industry groups that outperformed SET Index were Industrials, Services,Resources and Technology.
- Forward P/E ratio of SET was 17.08 times at end-October, while historical P/E ratio stood at 18.56 times. Both forward and historical P/E ratios of the Thai stock market were higher than the average ratio of Asian stock markets'forward and historic P/E at 15.58 times and 16.95 times, respectively.
- Dividend yield ratio of SET was 2.85 percent at end October, above Asian stock markets' average ratio of 2.56 percent.
- A combined market capitalization of SET and Market for Alternative Investment (mai) was THB 17.4 trillion (USD 512 billion) at the end of October, rising 12.1 percent from the end of 2016.
- The average daily trading value of SET and mai in October amounted to THB 64.62 billion (USD 1.9 billion), up 1.7 percent over the same period a year before. The average daily trading value for the 10-month period from January to October was THB 49.03 billion, down 7.2 percent from the same period a year earlier.
- The average derivatives trading volume jumped 22.4 percent year-on-year to 449,542 contracts per day in October, largely driven by the increase in transactions of Single Stock Futures. During January to October, the average daily trading volume also rose by 10.42 percent from the same period a year earlier to 314,904 contracts a day.
As of 7 November 2017
Type Buy Sell Net
Institution 7,824.29 6,854.98 969.32
Proprietary 6,563.72 6,167.23 396.48
Foreign 17,664.87 17,407.10 257.78
Individual 24,705.26 26,328.84 -1,623.57
Total Trading Value 56,758.15 M.Baht
SE Asia Stocks-S'pore hits 2-yr closing high, Indonesia marks record close
Singapore shares climbed nearly 1 percent on Tuesday to their highest close in more than two years and
Indonesia marked a record close as broader Asian markets inched up to decade highs, underpinning sentiment in Southeast Asia.
Financials lifted Singapore shares .STI 0.9 percent higher, with the city-state's top lender DBS Group Holdings
DBSM.SI jumping 3.1 percent to hit its highest close in more than 17 years.
"DBS reported their results yesterday and markets are positive because they cleaned up their loan book of non-performing loans for oil and gas," said Joel NG, an analyst from Singapore-based KGI Securities.
"Markets are basically seeing this as positive that the worst is over for their oil and gas non-performing loans."
MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.8 percent, hitting its highest since November 2007.
Indonesian index .JKSE marked a record closing high, having risen 0.2 percent, owing its gains to the consumer
staples sector, with cigarette maker PT Gudang Garam Tbk GGRM.JK inching 4 percent higher.
Vietnam shares .VNI ticked up 0.2 percent to a near 10-year closing peak, with industrial parts supplier Saigon
Machinery Spare Parts Joint Stock Co SMA.HM and real estate developer Quoc Cuong Gia Lai Joint Stock Co QCG.HM both climbing 7 percent.
Meanwhile, Philippines shares .PSI reversed losses earlier in the session to end flat as real estate giant Ayala Land
ALI.PS rose 1.3 percent after reporting an 18 percent increase in its nine-month net income, while Metropolitan Bank MBT.PS surged 3.2 percent.
The Philippines' inflation accelerated in October, data showed earlier in the day, although the central bank said it
expected consumer price increases to remain "manageable".
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Previous Pct Move
Singapore 3413.1 3381.85 0.92
Bangkok 1712.75 1711.74 0.06
Manila 8521.81 8523.07 -0.01
Jakarta 6060.453 6050.823 0.16
Kuala Lumpur 1750.94 1742.29 0.50
Ho Chi Minh 850.33 849.09 0.15