ASEAN KEY DESTINATIONS
19 September 2016
The Straits Times Index (STI) ended 24.69 points or 0.87% higher to 2852.14, taking the year-to-date performance to -1.06%.
The top active stocks today were Singtel, which gained 1.54%, DBS, which gained 0.20%, UOB, which declined 0.27%, OCBC Bank, which declined 0.58% and ThaiBev, with a 3.23% advance.
The FTSE ST Mid Cap Index gained 0.21%, while the FTSE ST Small Cap Index rose 0.02%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 4.20%. The two biggest stocks of the Index - Midas Holdings and Geo Energy Resources- ended 6.82% higher and 0.74% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 0.13%. Silverlake Axis shares remained unchanged and CSE Global gained 1.21%.
The three most active Exchange Traded Funds (ETFs) by value today were:
STI ETF (unchanged)
IS MSCI India (+0.27%)
DBXT S&P500 ETF (+0.51%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.84%)
CapitaLand Mall Trust (+1.44%)
Keppel REIT (-3.60%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+3.77%)
OCBC Bk MBeCW170118 (-5.71%)
UOB MB eCW170201 (-5.41%)
Singapore Stock Market
*ST Index 2,845.32 -6.82 2,852.14 +24.69
Volume: 1,251.8M 1,484M
Value: $722.2M $748.4M
Gainers/Losers: 169/202 212/143
Daily Market Commentary (Securities)
19 September 2016
The FBM KLCI index lost 1.28 points or 0.08% on Monday. The Finance Index fell 0.14% to 14197.01 points, the Properties Index up 0.25% to 1198.29 points and the Plantation Index down 0.16% to 7833.68 points. The market traded within a range of 10.16 points between an intra-day high of 1661.87 and a low of 1651.71 during the session.
Actively traded stocks include DNEX-WD, HSI-C36, EVERGRN, HIAPTEK, SENDAI, AMEDIA, VIVOCOM-WB, RGB, GLOTEC and AIRASIA. Trading volume decreased to 1147.30 mil shares worth RM1440.34 mil as compared to Thursday’s 1328.13 mil shares worth RM2318.60 mil.
Leading Movers were GENM (+24 sen to RM4.61), MAXIS (+13 sen to RM6.15), KLCC (+15 sen to RM7.80), WPRTS (+4 sen to RM4.42) and GENTING (+5 sen to RM7.81). Lagging Movers were DIGI (-15 sen to RM4.81), HLFG (-34 sen to RM15.64), PETGAS (-40 sen to RM21.50), ASTRO (-4 sen to RM2.88) and PETCHEM (-9 sen to RM6.50). Market breadth was negative with 333 gainers as compared to 444 losers.
The KLCI started the week with a negative note, closed lower at 1651.71 points amid losses in Wall Street on last Friday. The downtrend in our benchmark index was dragged down by losses in heavyweight counters such as Digi and Astro.
Date As of: Monday, September 19, 2016
Description Volume Value Frequency
ETF 848,300 514,526,700 17
Stock 6,005,342,415 5,613,738,100,428 207,325
Right 80,741,300 87,198,400 189
Warrant 70,027,433 27,323,985,233 385
Total 6,156,959,448 5,641,663,810,761 207,916
As of 19 September 2016 Unit: M.Baht
Type Buy Sell Net
nstitution 3,136.00 3,842.22 -706.22
Proprietary 5,534.76 7,644.16 -2,109.40
Foreign 12,148.53 15,590.44 -3,441.91
Individual 39,806.45 33,548.92 6,257.53
Total Trading Value 60,625.75 M.Baht
SE Asia Stocks-Rise as chances dim for Fed rate hike in Sept
Most Southeast Asian stock markets climbed on Monday after chances of an interest rate hike by the U.S. Federal Reserve this week diminished, and as investors awaited data from the Bank of Japan (BOJ) meeting on Tuesday and Wednesday.
Federal Reserve Governor Lael Brainard said the central bank should avoid removing support for the U.S. economy too quickly,
although several Fed officials have recently suggested that the economy is nearly ready for higher rates.
Chances of an interest rate hike by the Fed in December have shot up in the past month.
"Given low market expectations for the Fed to move in September (probability at 20 percent), we expect a continuation
of the status quo," Taye Shim, an analyst with Daewoo Securities in Jakarta, wrote in a note.
"We expect soft market movements ahead of the FOMC (Federal Open Market Committee) meeting and the BOJ monetary policy meeting," he added.
Japan's central bank is expected to present an assessment of its ultra-easy monetary policy when it meets on Tuesday and Wednesday.
The BOJ will consider making negative interest rates the centrepiece of future easing by shifting its prime policy target away from base money, Reuters reported last week citing sources.
Indonesian shares .JKSE outperformed other markets in the region and were up for a third straight session.
Gains were supported by telecom services stocks including Telekomunikasi Indonesia (Persero) Tbk PT TLKM.JK .
Indonesia's central bank likely will cut its benchmark interest rate for the fifth time this year on Thursday to try to spur economic growth, a Reuters poll showed. The decision is due Thursday, Sept. 22 after 0700 GMT.
Singapore shares .STI remained robust, helped by gains in oil stocks as global crude prices rose after Venezuela said OPEC and non-OPEC producers were close to reaching an output stabilising deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.
Rig builders Keppel Corp KPLM.SI and Sembcorp Industries SCIL.SI were among the gainers on the index.
Malaysia .KLSE closed lower for a fifth straight session.
Malaysia's annual inflation rate .MYCPI=ECI in August likely increased to 1.3 percent, a Reuters poll showed, slightly faster than the previous month's pace.
Its CPI data is due Wednesday at 0400 GMT.
Vietnam shares .VNI ended 1 percent higher, after five consecutive sessions of falls, posting its biggest intraday gain in three weeks.
Advances in Vietnam were supported by financial stocks. Vietcom Bank VCB.HM rose 4.7 percent.
Philippine shares .PSI reversed morning session losses to close 0.3 percent higher.
Thai shares .SETI ended higher for a fifth consecutive session.
Thailand expects to unveil next week fresh measures to help beleaguered farmers, the finance minister said on Monday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Close Pct Move
Singapore 2852.14 2827.45 0.87
Bangkok 1492.73 1479.07 0.92
Manila 7575.84 7553.76 0.29
Jakarta 5321.841 5267.769 1.03
Kuala Lumpur 1651.71 1652.99 -0.08
Ho Chi Minh 657.89 651.31 1.01