ASEAN KEY DESTINATIONS
12 October 2017
The Straits Times Index (STI) ended 22.81 points or 0.7% higher to 3303.09, taking the year-to-date performance to +14.66%. For longer term observations please go to sgx.com/research.
The top active stocks today were Singtel, which closed unchanged, OCBC Bank, which gained 0.97%, DBS, which gained 0.80%, ThaiBev, which gained 2.16% and CityDev, with a 2.43% advance.
The FTSE ST Mid Cap Index gained 0.16%, while the FTSE ST Small Cap Index rose 0.08%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+1.21%)
SPDR Gold Shares (+0.50%)
IS MSCI India (+0.35%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Commercial Trust (unchanged)
Ascendas REIT (+1.12%)
CapitaLand Mall Trust (+0.49%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW180226 (+8.59%)
UOB MB eCW180115 (+6.41%)
OCBC Bk MB ePW180301 (-9.30%)
Singapore Stock Market
*ST Index 3,303.09 +22.81 3,280.28 -8.67
Volume: 2,492.7M 2,075.6M
Value: $1,047M $1,086.7M
Gainers/Losers: 255/184 221/235
Daily Market Commentary (Securities)
12 October 2017
The FBM KLCI index lost 3.21 points or 0.18% on Thursday. The Finance Index fell 0.12% to 16509.12 points, the Properties Index up 0.09% to 1238.3 points and the Plantation Index rose 0.08% to 7944.37 points. The market traded within a range of 9.12 points between an intra-day high of 1760.32 and a low of 1751.20 during the session.
Actively traded stocks include AEGB, HUBLINE, MNC, KEYASIC, PERMAJU, TRIVE, TRIVE-WB, APFT, MTRONIC and BORNOIL. Trading volume increased to 4328.44 mil shares worth RM2391.21 mil as compared to Wednesday’s 3178.50 mil shares worth RM2313.94 mil.
Leading Movers were IHH (+14 sen to RM5.77), WPRTS (+8 sen to RM3.79), HLFG (+16 sen to RM16.84), DIGI (+4 sen to RM4.84) and MISC (+5 sen to RM7.16). Lagging Movers were TM (-5 sen to RM6.20), RHBBANK (-4 sen to RM5.15), AXIATA (-4 sen to RM5.33), IJM (-2 sen to RM3.30) and MAXIS (-3 sen to RM5.88). Market breadth was positive with 455 gainers as compared to 438 losers.
The KLCI continued its losing streak and closed lower at 1754.0 points despite overnight rally in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as IHH and Digi.
Date As of: 12 October 2017
Description Volume Value Frequency
ETF 586,200 97,657,700 41
Stock 13,693,780,460 9,282,555,552,405 341,765
Right 368,205,543 646,943,059 918
Warrant 12,758,000 981,112,500 1,100
Total 14,075,330,203 9,284,281,265,664 343,824
As of 12 October 2017 Unit: M.Baht
Type Buy Sell Net
Institution 6,500.24 7,089.51 -589.28
Proprietary 7,673.26 6,633.28 1,039.98
Foreign 20,408.10 19,926.13 481.97
Individual 30,523.43 31,456.09 -932.67
Total Trading Value 65,105.02 M.Baht
SE Asia Stocks-Most end higher; Singapore closes at 8-wk high Most Southeast Asian stock markets rose
on Thursday, in line with Asia, after the U.S. Federal Reserve showed a guarded view towards inflation.
Fed policymakers had a prolonged debate about the prospects of a pickup in inflation and the path of future interest rate rises if it did not, according to the minutes of the U.S. central bank's last policy meeting released on Wednesday.
Asia took cues from Wall Street, where major indexes rose to yet another set of record closing highs overnight following a report that a market-friendly candidate was being pushed as successor to Janet Yellen at the helm of the Fed.
Singapore shares .STI climbed 0.7 percent to their highest close in more than eight weeks ahead of a central bank rate decision and third-quarter GDP data on Friday.
"We (Singapore) are also looking forward to GDP numbers which will pretty much be positive, leading to stronger
expectations from upcoming quarterly results," said Liu Jinshu, director of research at NRA Capital.
Financials accounted for nearly half the gains with Oversea-Chinese Banking Corp OCBC.SI closing at its highest in 11 weeks and United Overseas Bank Ltd UOBH.SI ending the day 0.7 percent higher.
Philippine shares .PSI rose 0.5 percent to their highest ever close with index heavyweights SM Investments Corp SM.PS and Ayala Corp AC.PS posting record closing levels.
"Market sentiment is pretty bullish across the region. This is due to the global bullish sentiment and there is also some risk on appetite," said Fio Dejesus, an equity research analyst with RCBC Securities.
"There is some resistance to the once expected Fed rate hike in December and that is reflecting on our markets," he added.
Indonesian shares .JKSE climbed 0.7 percent with gains across the broad.
Bank Central Asia Tbk PT BBCA.JK was the biggest boost, rising more than 2 percent to a record close.
Malaysian shares .KLSE declined for a third straight session even after data showed the country's industrial
production MYIP=ECI in August expanded at its fastest pace since March 2015.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous close Pct Move
Singapore 3303.09 3280.28 0.70
Bangkok 1712.48 1714.14 -0.1
Manila 8402.81 8358.47 0.53
Jakarta 5926.204 5882.787 0.74
Kuala Lumpur 1754 1757.21 -0.18
Ho Chi Minh 815.87 813.95 0.24