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Singapore

                                Tuesday                      Monday
*ST Index        3,231.59  -35.81          3,267.4  +24.75
Volume:                1,654.8M                     1,550.7M
Value:                 $1,117.3M                      $906.6M
Gainers/Losers:       136/281                       229/155


Malaysia

04 October 2018

The FBM KLCI index lost 6.19 points or 0.34% on Thursday. The Finance Index fell 0.02% to 17761.59 points, the Properties Index dropped 0.35% to 975.09 points and the Plantation Index down 0.11% to 7502.22 points. The market traded within a range of 10.36 points between an intra-day high of 1798.24 and a low of 1787.88 during the session.

Actively traded stocks include SAPNRG, MYEG, HSI-C3P, HSI-C3Q, SANBUMI, VS-WA, PWORTH, HSI-C3O, HIBISCS and ORION. Trading volume decreased to 2060.71 mil shares worth RM2454.67 mil as compared to Wednesday’s 2339.82 mil shares worth RM1993.33 mil.

Leading Movers were PMETAL (+20 sen to RM5.16), SIME (+2 sen to RM2.65), HLFG (+12 sen to RM19.36), CIMB (+1 sen to RM6.06) and HLBANK (+2 sen to RM20.60). Lagging Movers were AXIATA (-12 sen to RM4.50), MAHB (-18 sen to RM8.60), HARTA (-12 sen to RM6.42), MISC (-11 sen to RM5.93) and KLCC (-10 sen to RM7.50). Market breadth was negative with 317 gainers as compared to 528 losers.

The KLCI slid and closed lower at 1790.11 points despite overnight gains in US market. The performance of our local bourse was in line with our regional peers following 10-years US yield climbed to a record high of 3.18 since 2011.
 
Indonesia

Trading Summary
Description        Volume (Shares/Unit)           Value (Rupiah)          Frequency
ETF                                     520,700                   171,202,700                       69
Stock                       10,810,551,698         8,337,552,848,868              432,556
Warrant                        317,035,800              27,875,495,900                  2,978
Total                        11,128,108,198         8,365,599,547,468              435,603



Thailand

Trading Summary     
As of 25 September 2018    Unit: M.Baht
Type                                 Buy               Sell                Net
Institution                 6,204.63         9,640.86      -3,436.23
Proprietary               8,240.48          7,522.81          717.67
Foreign                   18,878.93        23,837.43     -4,958.50
Individual               30,987.36        23,310.31       7,677.06
Total Trading Value     64,311.40 M.Baht

Asean

SE Asia Stocks-Most slump; Indonesia falls over 2 pct

  * Higher U.S. Treasury yields hurt sentiment
  * Indonesia extends losses into 4th session
  * Philippines hits 3-month low
      
Oct 4 (Reuters) - Most Southeast Asian stock markets closed lower on Thursday as investors trimmed their exposure to riskier assets after strong U.S. economic data drove up Treasury yields and increased the likelihood of a rate hike in the world's largest economy.
     
A survey on activity in the United States services sector recorded its highest reading since August 1997, driving up U.S. Treasury yields and the dollar, and sparking speculation that Friday's employment data could also surprise. 
    
Shares of the region's biggest economy, Indonesia, hit a one-month low during the day, while Philippine shares fell to their lowest level in over three months.  
    
Higher U.S. yields is not encouraging for emerging markets as they tend to draw away much-needed foreign funds while pressuring local currencies.
    
Meanwhile, on Wednesday, Federal Reserve Chairman Jerome Powell said that the central bank may raise interest rates above an estimated "neutral" setting as the "remarkably positive" U.S. economy continues to grow.  

The Fed is expected to hike rates again in December, after raising it last week for the third time this year.
    
Indonesian shares   slid 2.1 percent during the day, extending losses into a fourth straight session.
    
The index was weighed down by financials and consumer stocks, with Unilever Indonesia  UNVR.JK  falling 4.1 percent and Bank Central Asia  BBCA.JK  slipping 1.4 percent.   
    
Philippine benchmark index  .PSI  skidded 1.6 percent as higher U.S. yields are expected to aggravate the country's
growing inflationary concerns.
    
"Rising yields abroad furthers the inflationary pressure on the Philippines because imports, as a substitute for local
supplies, would be more expensive for us," said Jose Vistan, Research Head at AB Capital Securities in Manila.
    
The country's September inflation data, which is due on Friday, is expected to rise close to 7 percent, keeping pressure on the central bank to further raise interest rates.
    
Ayala Land  ALI.PS  slumped 4.7 percent and JG Summit Holdings  JGS.PS  slid 5.1 percent.
    
Singapore shares  .STI  declined 1.1 percent, dragged down by industrial and financial stocks. Conglomerate Jardine
Matheson Holdings  JARD.SI  slid 2.9 percent and DBS Group Holdings  DBSM.SI  lost 0.7 percent.
    
Thai index  .SETI  was down 0.7 percent, hurt by energy stocks PTT PCL  PTT.BK  and PTT Exploration and Production PCL
 
PTTEP.BK , down 1.4 percent and 2.2 percent, respectively.
  
SOUTHEAST ASIAN STOCK MARKETS  
                           
 Market               Current      Previous close       Pct Move
 Singapore          3231.59              3267.4             -1.10
 Bangkok            1729.4                1741.96           -0.72
 Manila               7093.34              7210.87           -1.63
 Jakarta               5756.619            5867.737         -1.89
 Kuala Lumpur   1790.11              1796.3             -0.34
 Ho Chi Minh     1023.62              1020.4              0.32
                                       
                            



  Today's  Stories                      October 3, 2018 
Gov’t meeting highlights positive economic performance in 9 months
• Indonesia records 0.18 percent deflation in September Subcribe: Asean Affairs Global Magazine
• P2P lending company raises $3 million in funding Subsribe Now !
• Yangon allows 92 investment enterprises from 10 foreign countries
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Singapore eyes Vietnamese tourist dollar
Asean Stock Watch   October 4,  2018

• Asean Stock Watch-October 4, 2018
Asean Analysis                June 15,  2018
• Asean Analysis June  11, 2018
Inflation may yet peak —Diokno
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ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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