ASEAN KEY DESTINATIONS
16 September 2016
The Straits Times Index (STI) ended 21.93 points or 0.78% higher to 2827.45, taking the year-to-date performance to -1.92%.
The top active stocks today were Singtel, which gained 0.51%, DBS, which gained 1.27%, UOB, which gained 0.91%, OCBC Bank, which gained 1.52% and JMH USD, with a 0.91% fall.
The FTSE ST Mid Cap Index gained 0.52%, while the FTSE ST Small Cap Index rose 0.18%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.81%. The two biggest stocks of the Index - Silverlake Axis and CSE Global- ended 2.24% higher and 1.19% lower respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 0.44%. Jardine Matheson Holdings shares declined 0.91% and Jardine Strategic Holdings declined 0.54%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (+1.05%)
IS MSCI India (+0.69%)
DBXT MSCI Indonesia ETF (unchanged)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (-0.83%)
CapitaLand Commercial Trust (+1.61%)
Frasers L&I Trust (unchanged)
The most active index warrants by value today were:
NKY 17500MBeCW161209 (-1.21%)
STI 2800MBeCW161031 (+11.11%)
KepCorp MB eCW161205 (+3.03%)
The most active stock warrants by value today were:
DBS MB eCW170201 (+4.95%)
UOB MB eCW170201 (+5.71%)
DBS MB ePW170201 (-5.38%)
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Singapore Stock Market
*ST Index 2,827.45 +21.93 2,805.52 -3.83
Volume: 1,002.9M 1,104.9M
Value: $938.1M $1,236.9M
Gainers/Losers: 191/169 139/207
Daily Market Commentary (Securities)
15 September 2016
The FBM KLCI index lost 8.40 points or 0.51% on Thursday. The Finance Index fell 0.22% to 14216.88 points, the Properties Index dropped 0.30% to 1195.34 points and the Plantation Index down 0.25% to 7846.61 points. The market traded within a range of 12.42 points between an intra-day high of 1663.32 and a low of 1650.90 during the session.
Actively traded stocks include SANICHI, STERPRO, LBALUM, SPSETIA, CONNECT, HIAPTEK, NWP, HSI-C36, CIMB and DBE. Trading volume decreased to 1328.13 mil shares worth RM2318.60 mil as compared to Wednesday’s 1404.13 mil shares worth RM1817.96 mil.
Leading Movers were HLFG (+42 sen to RM15.98), YTL (+1 sen to RM1.74), PBBANK (+4 sen to RM19.50), AXIATA (+1 sen to RM5.32) and SIME (+1 sen to RM7.67). Lagging Movers were MAXIS (-13 sen to RM6.02), GENM (-8 sen to RM4.37), IOICORP (-8 sen to RM4.40), DIGI (-8 sen to RM4.96) and TM (-1 sen to RM6.78). Market breadth was positive with 397 gainers as compared to 369 losers.
The KLCI extended its mid-day losses by ending lower at 1652.99 points amid overnight losses in Wall Street. The performance of our local bourse was bogged down by selling interest in heavy weights counters like Maxis, Genting and IOI Corp.
Date As of: 16 September 2016
Description Volume Value Frequency
ETF 931,200 575,649,500 53
Stock 7,439,035,623 8,374,066,085,253 242,870
Right 139,607,400 237,863,700 575
Warrant 21,721,100 5,933,766,500 404
Total 7,601,295,323 8,380,813,364,953 243,902
As of 16 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,270.56 8,250.71 -3,980.15
Proprietary 7,190.56 5,031.76 2,158.80
Foreign 52,003.59 46,233.17 5,770.42
Individual 19,792.34 23,741.41 -3,949.07
Total Trading Value 83,257.04 M.Baht
SE Asia Stocks-Philippines falls; others up as Fed rate hike prospects recede
Philippine shares fell 1.4 percent on Friday, erasing gains from the previous session, while other markets in region rose as the prospects of a rate hike by the Federal Reserve receded further on weak U.S. retail data.
U.S. retail sales fell more than expected in August, pointing to cooling domestic demand that further diminished expectations of a rate raise next week.
Futures traders are now pricing in a 12 percent chance of a rate increase this month, down from 15 percent on Wednesday, according to CME Group's FedWatch tool. Consumer price inflation data, due later in the day, is the next test for rates-focused traders.
"Asian markets are following the momentum on Wall Street," said Vishnu Varathan, a senior economist with Mizuho Bank.
Singapore shares .STI gained 0.8 percent, heading for their first rise in four sessions, driven by energy and financial stocks.
Keppel Corp Ltd KPLM.SI was up 1.2 percent, while DBS Group Holdings Ltd DBSM.SI rose 1.4 percent.
"Diminished prospects of a Fed rate hike boosted overall risk-on sentiment," said Varathan, adding there could be some profit-taking in the afternoon session.
Thai stocks .SETI gained marginally, with telecom and energy shares leading. Advanced Info Service Pcl ADVANC.BK rose 1.6 percent while PTT Pcl PTT.BK was up 1.2 percent.
Bucking the trend, Philippine shares dropped 1.4 percent, snapping Thursday's 2.2 percent gain, dragged down by consumer cyclicals and financials.
The market is reversing gains from the previous session as the last-minute buying on Thursday was seen to be unsustainable, said Charles Ang, an analyst with COL Financial Group Inc.
SM Investments Corp SM.PS fell 2.4 percent while Bank of the Philippine Islands BPI.PS dropped 3.6 percent.
"Expect it (index) to remain down for the rest of the day," Ang said.
Malaysia .KLSE was closed for a public holiday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current close previous Pct Move
Singapore 2828.11 2805.52 0.81
Bangkok 1471.58 1463.39 0.56
Manila 7601.8 7708.42 -1.38
Jakarta 5295.678 5265.819 0.57
Kuala Lumpur 1652.99 1661.39 -0.51
Ho Chi Minh 653.62 656.18 -0.39