ASEAN KEY DESTINATIONS
12 October 2016
The Straits Times Index (STI) ended 42.42 points or 1.49% lower to 2813.71, taking the year-to-date performance to -2.39%.
The top active stocks today were Singtel, which declined 1.54%, SATS, which declined 4.23%, ThaiBev, which declined 5.70%, UOB, which declined 0.91% and DBS, with a 1.43% fall.
The FTSE ST Mid Cap Index declined 1.59%, while the FTSE ST Small Cap Index declined 0.60%.
The outperforming sectors today were represented by the FTSE ST Health Care Index, which rose 0.06%. The two biggest stocks of the Index - Raffles Medical Group and Riverstone Holdings- both ended unchanged.
The underperforming sector was the FTSE ST Consumer Goods Index, which slipped 2.93%. Wilmar International shares declined 0.94% and Thai Beverage declined 5.70%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (-1.03%)
DBXT MSCI Thailand TRN ETF (-5.92%)
Lyxor China H 10 (-0.28%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-3.21%)
CapitaLand Mall Trust (-1.42%)
CapitaLand Commercial Trust (-2.85%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS VT eCW170213 (-6.40%)
UOB MB eCW170201 (-6.45%)
OCBC Bk MB eCW170306 (unchanged)
Singapore Stock Market
*ST Index 2,813.71 -42.42 2,856.13 -14.11
Volume: 1,999.9M 2,248M
Value: $1,321.7M $990.2M
Gainers/Losers: 132/277 165/250
Daily Market Commentary (Securities)
12 October 2016
The FBM KLCI index lost 1.69 points or 0.10% on Wednesday. The Finance Index fell 0.09% to 14281.27 points, the Properties Index dropped 0.42% to 1205.27 points and the Plantation Index rose 0.18% to 7943.55 points. The market traded within a range of 4.55 points between an intra-day high of 1668.33 and a low of 1663.78 during the session.
Actively traded stocks include HIBISCS, REACH-WA, NEXGRAM, THHEAVY, AT, PTRANS, VIVOCOM, JOHAN, ASIABIO and AMEDIA. Trading volume increased to 1599.00 mil shares worth RM1843.98 mil as compared to Tuesday’s 1561.87 mil shares worth RM1885.56 mil.
Leading Movers were GENM (+15 sen to RM4.85), PETGAS (+18 sen to RM21.96), SIME (+5 sen to RM7.88), PETCHEM (+3 sen to RM6.81) and PETDAG (+10 sen to RM23.46). Lagging Movers were AXIATA (-11 sen to RM5.20), BAT (-58 sen to RM48.74), IHH (-7 sen to RM6.48), GENTING (-7 sen to RM7.91) and WPRTS (-3 sen to RM4.35). Market breadth was negative with 355 gainers as compared to 398 losers.
The KLCI ended in negative territory by closed lower at 1667.03 points amid overnight losses in Wall Street. Market sentiment remained subdued as lack of fresh catalysts.
Date As of: 12 October 2016
Description Volume Value Frequency
ETF 3,400 2,190,700 05
Stock 8,127,609,432 6,507,960,745,881 236,140
Right 132,300 132,300 04
Warrant 12,327,600 2,504,918,600 21
Total 8,140,072,732 6,510,467,987,481 236,362
As of 12 Oct 2016 Unit: M.Baht
Type Buy Sell Net
Institution 13,554.20 14,775.74 -1,221.54
Proprietary 12,784.59 15,808.06 -3,023.47
Foreign 35,191.53 35,602.89 -411.36
Individual 68,621.87 63,965.50 4,656.38
Total Trading Value 130,152.19 M.Baht
SE Asia Stocks-Thai stocks sink to 7-month lows on concerns over security, king
Thai stocks fell nearly 7 percent on Wednesday to their lowest in seven months after police warned of a bomb plot in Bangkok and on concerns about the health of 88-year-old King Bhumibol Adulyadej.
Police said on Tuesday they have increased security at major landmarks in the capital, at airports and in surrounding
provinces following reports of bomb plots just weeks after deadly attacks rocked the country's south.
The tourism industry, which accounts for about 10 percent of Thailand's economy, has weathered more than a decade of political unrest, including two military coups and a wave of bombings in August.
The SET index .SETI skidded for a fourth straight session and ended down 2.5 percent. Basic materials and telecoms led the losses.
Thailand's king, the world's longest reigning monarch, is in an unstable condition after receiving haemodialysis treatment, the palace said on Sunday.
"There has not been any news from the palace since Sunday. If there is an information vacuum then the event risk would increase," a Singapore-based economist, who declined to be identified.
Anxiety over the king's health and an eventual succession has formed the backdrop to more than a decade of bitter
political divide in Thailand.
Chemicals producer PTT Global PTTGC.BK and mobile operator Advanced Info Service PCL ADVANC.BK shed 3.8 percent and 2 percent. respectively.
Most other Southeast Asian markets also ended lower, tracking Asian peers, on subdued risk sentiment as expectations
that U.S. Federal Reserve would hike interest rates in December lifted the dollar and pushed up bond yields overnight .
"The speculation is that a hike in interest rates would lead to some of the flow destruction in the markets and therefore, it adds some pressure on sentiment," said Taye Shim, an analyst with Daewoo Securities in Indonesia.
Sentiment also took a hit as a dour start to Wall Street's corporate earnings season knocked U.S. stocks. .N
The main index in the Philippines .PSI closed down 1.2 percent, falling to its lowest in four months, with financials
and energy leading the fall.
Singapore shares .STI fell 1.5 percent to their lowest in nearly four weeks.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2813.71 2856.13 -1.49
Bangkok 1406.18 1442.21 -2.50
Manila 7429.82 7520.82 -1.21
Jakarta 5364.611 5381.997 -0.32
Kuala Lumpur 1667.03 1668.72 -0.10
Ho Chi Minh 682.45 682.36 0.01