ASEAN KEY DESTINATIONS
07 October 2016
The Straits Times Index (STI) ended 9.98 points or 0.35% lower to 2875.24, taking the year-to-date performance to -0.26%.
The top active stocks today were Singtel, which declined 1.74%, Noble, which gained 0.52%, UOB, which declined 0.27%, DBS, which gained 0.20% and Ascendas REIT, which closed unchanged.
The FTSE ST Mid Cap Index declined 0.40%, while the FTSE ST Small Cap Index rose 0.07%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 2.16%. The two biggest stocks of the Index - Midas Holdings and Halcyon Agri Corporation- ended 2.13% higher and unchanged respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 1.87%. Silverlake Axis shares declined 2.22% and CSE Global declined 1.18%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+1.21%)
SPDR Gold Shares (-0.74%)
STI ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (-2.76%)
CapitaLand Mall Trust (-0.47%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+0.89%)
Singapore Stock Market
*ST Index 2,875.24 -9.98 2,885.22 +3.43
Volume: 1,694.3M 2,026.3M
Value: $871.9M $1,090.8M
Gainers/Losers: 166/198 245/164
Daily Market Commentary (Securities)
07 October 2016
The FBM KLCI index lost 1.35 points or 0.08% on Friday. The Finance Index fell 0.29% to 14271.16 points, the Properties Index dropped 0.01% to 1212.99 points and the Plantation Index rose 0.50% to 7890.5 points. The market traded within a range of 8.71 points between an intra-day high of 1670.30 and a low of 1661.59 during the session.
Actively traded stocks include PTRANS, PERISAI, LIONCOR, AT, OCK-WA, REACH-WA, NETX, RSENA, SANICHI and HSI-C36. Trading volume decreased to 1352.72 mil shares worth RM1566.44 mil as compared to Thursday’s 1626.23 mil shares worth RM2156.21 mil.
Leading Movers were IOICORP (+7 sen to RM4.42), SIME (+11 sen to RM7.90), ASTRO (+3 sen to RM2.79), MISC (+7 sen to RM7.67) and GENTING (+6 sen to RM8.02). Lagging Movers were AMMB (-0 sen to RM4.06), GENM (-9 sen to RM4.66), BAT (-58 sen to RM48.42), MAYBANK (-7 sen to RM7.63) and PETDAG (-18 sen to RM23.54). Market breadth was negative with 324 gainers as compared to 405 losers.
The KLCI closed 1.35 points lower at 1665.38 points amid overnight mixed performance in Wall Street ahead of today’s key employment data. Market sentiment remained subdued as lack of fresh catalysts.
Date As of: 07 October 2016
Description Volume Value Frequency
ETF 14,800 9,822,400 17
Stock 8,460,558,944 6,022,821,582,049 266,812
Right 27,031,100 27,681,200 105
Warrant 13,366,100 5,178,274,900 113
Total 8,500,970,944 6,028,037,360,549 267,047
As of 7 October 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,922.45 4,013.05 -90.60
Proprietary 6,422.00 6,240.74 181.25
Foreign 12,463.90 13,043.43 -579.53
Individual 28,579.62 28,090.75 488.88
Total Trading Value 51,387.97 M.Baht
SE Asia Stocks-Slip ahead of U.S. jobs data; Political woes continue to mar Philippines
Southeast Asian stock markets fell on Friday as traders remained on edge ahead of a key U.S. jobs report that could signal the timing of the next Federal Reserve rate hike.
Strong U.S. jobs numbers can fuel the expectations of a Fed rate hike in December and ripple through markets.
The International Monetary Fund warned on Thursday that a disorderly reaction to possible U.S. interest rate hikes could
disrupt capital flows and heighten asset price volatility in Asia.
Asian shares dropped with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS losing around 0.4 percent. MKTS/GLOB
Several U.S. economic indicators paint the picture of the economy being on a firmer footing, said Grace Aller of AP Securities, adding Fed officials are running out of reasons to further delay rate hikes.
Philippine shares .PSI posted their second straight weekly loss, with telecom stocks leading the decline.
"Duterte's antics is probably getting on to the nerves of investors", said Mikey Macainag of Sunsecurities in Manila.
"Everybody wants to be aligned with the U.S. but unfortunately our government is saying that we don't really need them. Let's
see what happens after the (U.S.) elections".
Tensions on the political front rose after the Philippine defence minister said the military could manage without U.S. aid.
Singapore shares .STI slipped, sparked by a sell-off in telecom and consumer services stocks, while Vietnam .VNI shed more than 1 percent during the session.
Thai shares .SETI fell after four days of gains, but rose 1.4 percent on the week, while Malyasian shares .KLSE closed almost flat, but gained 0.8 percent on the week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 2875.24 2885.22 -0.35
Bangkok 1504.34 1513.86 -0.63
Manila 7578.29 7620.16 -0.55
Jakarta 5377.149 4885.163 -0.6
Kuala Lumpur 1665.38 1666.73 -0.08
Ho Chi Minh 683.95 687.32 -0.49