ASEAN KEY DESTINATIONS
21 October 2016
The Straits Times Index (STI) ended 11.56 points or 0.41% lower to 2831.06, taking the year-to-date performance to -1.79%.
The top active stocks today were QAF, which gained 0.81%, Singtel, which declined 0.51%, DBS, which declined 0.46%, OCBC Bank, which declined 0.59% and UOB, with a 0.11% advance.
The FTSE ST Mid Cap Index declined 0.19%, while the FTSE ST Small Cap Index declined 0.38%.
The outperforming sectors today were represented by the FTSE ST Consumer Services Index, which declined 0.03%. The two biggest stocks of the Index - ComfortDelGro Corp and Singapore Press Holdings- ended 0.37% higher and 0.27% lower respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.80%. Midas Holdings shares remained unchanged and Halcyon Agri Corporation declined -4.55%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (-0.14%)
DBXT MSCI Taiwan ETF (-0.22%)
STI ETF (-0.35%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-1.24%)
CapitaLand Commercial Trust (-0.31%)
Mapletree Com Trust (+1.29%)
The most active index warrants by value today were:
NKY 17000MBePW161209 (-2.63%)
NKY 15500MBePW170310 (-1.59%)
NKY 17500MBeCW161209 (+1.01%)
The most active stock warrants by value today were:
OCBC Bk MB eCW170306 (-3.64%)
DBS VT eCW170213 (-4.04%)
DBS MB eCW170201 (-6.98%)
Singapore Stock Market
*ST Index 2,831.06 -11.56 2,842.62 -2
Volume: 1,516.4M 1,558.5M
Value: $735.9M $887.5M
Gainers/Losers: 137/223 180/158
Daily Market Commentary (Securities)
21 October 2016
The FBM KLCI index gained 2.80 points or 0.17% on Friday. The Finance Index increased 0.59% to 14429.34 points, the Properties Index up 0.07% to 1209.86 points and the Plantation Index rose 0.55% to 7961.36 points. The market traded within a range of 7.60 points between an intra-day high of 1671.57 and a low of 1663.97 during the session.
Actively traded stocks include DNEX-WD, REACH-WA, DNEX, CIMB, FGV, MRCB, HIBISCS, PERISAI, BORNOIL and MYEG-CY. Trading volume decreased to 1441.57 mil shares worth RM2050.25 mil as compared to Thursday’s 1496.32 mil shares worth RM1488.06 mil.
Leading Movers were BAT (+130 sen to RM49.80), CIMB (+11 sen to RM5.04), KLK (+44 sen to RM24.36), MAYBANK (+9 sen to RM7.69) and HAPSENG (+8 sen to RM7.83). Lagging Movers were GENM (-8 sen to RM4.71), YTL (-2 sen to RM1.75), GENTING (-8 sen to RM7.87), DIGI (-5 sen to RM4.95) and AMMB (-3 sen to RM4.08). Market breadth was negative with 327 gainers as compared to 392 losers.
The KLCI closed marginally higher at 1669.98 points despite overnight losses in US market. Market sentiment remained cautious ahead of announcement of 2017 budget. The performance of our local bourse was mainly lifted by buying interest in CIMB, Maybank and Hap Seng consolidated.
Date As of: 21 October 2016
Description Volume Value Frequency
ETF 10,800 7,344,200 11
Stock 12,227,740,495 6,001,311,697,877 240,700
Right 1,042,600 118,629,800 34
Warrant 72,410,101 122,444,230 168
Total 12,301,203,996 6,001,560,116,107 240,913
As of 21 October 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,047.76 3,712.13 1,335.63
Proprietary 4,448.29 4,001.52 446.77
Foreign 14,159.24 14,706.45 -547.22
Individual 2 4,856.68 26,091.85 -1,235.18
Total Trading Value 48,511.96 M.Baht
SE Asia Stocks-Philippines, Singapore extend falls as sentiment sours
The Philippine index ended lower on Friday as concerns about the Duterte government's foreign alliances spooked sentiment while shares in Singapore fell for a second session.
The index .PSI extended declines from Thursday to end 0.8 percent lower as President Duterte's increasing alignment with China while "separating" from the United States was not well received by investors.
However, the index was up 3.53 percent for the week.
Trade Minister Ramon Lopez's clarification on Friday that the archipelago nation will maintain its trade and economic ties with the U.S. also failed to lift the market.
"Sector-wise, among the weakest would be the property sector, so there are some concerns about the statement from the President (Duterte) because there might be some possible weakness in demand for office properties because it is currently BPO-sector driven," said April Lee-Tan, Vice President at COL Financial Group.
Property developer SM Prime Holdings SMPH.PS and real estate conglomerate Ayala Land ALI.PS shed nearly 2 percent and 1 percent respectively.
Sentiment in the region was also hurt by U.S. stocks ending down after a choppy session on Thursday as investors digested the latest round of corporate results.
Singapore shares .STI fell for a second day on weak oil prices, but gained 0.56 percent over the week.
The oil & gas index .FTFSTAS0001 was 1.3 percent lower, with oil-rig builder Keppel Corp KPLM.SI down over 2.5 percent.
Indonesian stocks .JKSE ended marginally higher. The index had eased slightly earlier in the day, shrugging off a 25-basis-point rate cut by the central bank after market hours on Thursday. The index gained 0.17 percent this week.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.4 percent.
SOUTHEAST ASIAN STOCK MARKETS:
Market Current Prev Close Pct Move
Singapore 2831.06 2842.62 -0.41
Bangkok 1500.37 1492.73 0.51
Manila 7650.22 7713.32 -0.82
Jakarta 5409.243 5403.69 0.10
Kuala Lumpur 1669.98 1667.18 0.17
Ho Chi Minh 684.83 686.39 -0.23