ASEAN KEY DESTINATIONS
14 October 2016
The Straits Times Index (STI) ended 9.76 points or 0.35% higher to 2815.24, taking the year-to-date performance to -2.34%.
The top active stocks today were UOB, which gained 0.11%, OCBC Bank, which declined 0.47%, Singtel, which gained 1.04%, DBS, which closed unchanged and ThaiBev, with a 2.70% advance.
The FTSE ST Mid Cap Index gained 0.75%, while the FTSE ST Small Cap Index rose 0.99%.
The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 1.76%. The two biggest stocks of the Index - Wilmar International and Thai Beverage – ended 1.58% higher and 2.70% higher respectively.
The underperforming sector was the FTSE ST Utilities Index, which slipped 1.79%. Keppel Infrastructure Trust shares declined 0.98% and SIIC Environment Holdings declined 4.07%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Thailand TRN ETF (+7.53%)
STI ETF (+0.70%)
SPDR Gold Shares (-0.12%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.82%)
CapitaLand Mall Trust (unchanged)
Mapletree Com Trust (+0.33%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (-2.27%)
OCBC Bk MB eCW170306 (-3.85%)
DBS VT eCW170213 (-0.94%)
Singapore Stock Market
*ST Index 2,815.24 +9.76 2,805.48 -8.23
Volume: 2,142.5M 1,965.1M
Value: $1,140.9M $1,263.9M
Gainers/Losers: 236/128 123/283
Daily Market Commentary (Securities)
14 October 2016
The FBM KLCI index lost 6.05 points or 0.36% on Friday. The Finance Index fell 0.27% to 14225.37 points, the Properties Index up 0.45% to 1212.5 points and the Plantation Index rose 0.11% to 7914.57 points. The market traded within a range of 6.16 points between an intra-day high of 1665.13 and a low of 1658.97 during the session.
Actively traded stocks include AT, NEXGRAM, HIBISCS, AMEDIA, HSI-C36, MNC-OR, MYEG-CY, DNEX, KGB and PERISAI. Trading volume decreased to 1341.79 mil shares worth RM1488.87 mil as compared to Thursday’s 1758.56 mil shares worth RM1939.84 mil.
Leading Movers were HAPSENG (+5 sen to RM7.65), YTL (+1 sen to RM1.77), HLFG (+8 sen to RM15.68), PETDAG (+8 sen to RM23.36) and SIME (+1 sen to RM7.86). Lagging Movers were GENM (-12 sen to RM4.79), WPRTS (-7 sen to RM4.28), CIMB (-7 sen to RM4.75), PPB (-22 sen to RM16.06) and SKPETRO (-2 sen to RM1.63). Market breadth was positive with 375 gainers as compared to 351 losers.
The KLCI ended the week with a negative note, closed lower at 1658.97 points amid overnight losses in Wall Street, as investors digested weak export data of China and the possibility of a Federal Reserve rate hike.
Date As of: 14 October 2016
Description Volume Value Frequency
ETF 1,043,100 738,320,600 16
Stock 8,344,930,796 7,473,254,988,812 222,220
Right 2,411,300 218,717,900 204
Warrant 7,422,533 84,952,577 156
Total 8,355,807,729 7,474,296,979,889 222,596
As of 14 Oct 2016 Unit: M.Baht
Type Buy Sell Net
Institution 20,988.90 7,463.92 13,524.98
Proprietary 13,210.52 11,910.56 1,299.96
Foreign 25,860.84 28,433.58 -2,572.74
Individual 45,701.37 57,953.57 -12,252.20
Total Trading Value 105,761.63 M.Baht
SE Asia Stocks-Thailand rises most in five years
Thai shares rose 4.6 percent on Friday, the sharpest in five years, as markets stayed calm after the death of King Bhumibol Adulyadej on Thursday.
The king had been unwell for much of the past year and the announcement by the palace of his passing away followed two announcements made over the past week about his deteriorating health.
The Thai stock index .SETI started recovering towards the end of Thursday's trading after four sessions of falls.
"The fast money tends to sell first and then when the news is out, they rebalance their positions. They (investors) may
have been shorting into this and now that the news is out they are trying to buy back," said Khiem Do, head of Asian
multi-asset investments, Baring Asset Management.
"But I don't think this is the end of the fall, or the uncertainty about Thailand. We have to wait and see."
Sentiment is likely to be subdued due to the demise of the revered king, said Kum Soek Ching, head of Southeast Asia
research at Credit Suisse Private Banking. But she said she did not expect any significant downside from here on.
"Consumer, retail and F&B are expected to underperform with more restrained spending in at least the next 30 days, but the earnings impact shouldn't be lasting," she added.
For the week, the stock index declined 1.78 percent, its biggest since the week ended Sept. 9.
Most other Southeast Asian markets gained, tracking Asian peers, as better-than-expected Chinese inflation data eased
concerns about the world's second-largest economy.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.6 percent after dropping 1.1 percent on Thursday.
The Manila market .PSI rose 1 percent, snapping a seven-session losing streak, but posted a weekly decline of 2.5
Energy and financials led the gains, with Semirara Mining Corp SCC.PS gaining over 3 percent and BDO Unibank Inc BDO.PS rising more than 1 percent.
Indonesian stocks .JKSE rose over 1 percent, while Singapore .STI and Vietnam .VNI closed slightly higher.
For the week, Singapore fell 2.1 percent while Vietnam gained 0.5 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2815.24 2805.48 0.35
Bangkok 1477.61 1412.82 4.59
Manila 7389.3 7312.18 1.05
Jakarta 5399.885 5360.828 1.11
Kuala Lumpur 1658.97 1665.02 -0.36
Ho Chi Minh 687 685.23 0.26