ASEAN KEY DESTINATIONS
01 September 2016
The Straits Times Index (STI) ended 2.97 points or 0.11% lower to 2817.62, taking the year-to-date performance to -2.26%.
The top active stocks today were Singtel, which declined 1.24%, DBS, which gained 0.27%, Ascendas REIT, which closed unchanged, UOB, which declined 0.06% and OCBC Bank, with a 0.35% fall.
The FTSE ST Mid Cap Index declined 0.04%, while the FTSE ST Small Cap Index declined 0.67%.
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 0.64%. The two biggest stocks of the Index - Hongkong Land Holdings and Global Logistic Properties – ended 0.77% higher and 0.55% higher respectively.
The underperforming sector was the FTSE ST Technology Index, which slipped 3.12%. Silverlake Axis shares declined 2.99% and CSE Global declined 2.30%.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Indonesia ETF (-1.32%)
STI ETF (unchanged)
SPDR Gold Shares ETF (-0.57%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (unchanged)
CapitaLand Mall Trust (unchanged)
CapitaLand Commercial Trust (+0.97%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+0.93%)
DBS MB ePW170201 (-1.89%)
DBS VT eCW161212 (+1.79%)
Singapore Stock Market
*ST Index 2,816.47 -4.12 2,820.59 -7.8
Volume: 987.1M 876.8M
Value: $851.3M $925.2M
Gainers/Losers: 154/218 168/195
Daily Market Commentary (Securities)
01 September 2016
The FBM KLCI index lost 7.51 points or 0.45% on Thursday. The Finance Index fell 0.58% to 14343.77 points, the Properties Index dropped 0.30% to 1197.16 points and the Plantation Index down 0.53% to 7794.98 points. The market traded within a range of 13.65 points between an intra-day high of 1682.35 and a low of 1668.70 during the session.
Actively traded stocks include MYEG-CX, VIVOCOM, AAX, KSTAR, NETX, EVERGRN, VIVOCOM-WB, FGV-C15, REACH-WA and SKPETRO. Trading volume decreased to 1810.10 mil shares worth RM2028.41 mil as compared to Tuesday’s 1997.06 mil shares worth RM2263.66 mil.
Leading Movers were GENTING (+10 sen to RM7.90), WPRTS (+3 sen to RM4.48), YTL (+1 sen to RM1.69), BAT (+22 sen to RM49.44) and IHH (+2 sen to RM6.56). Lagging Movers were SKPETRO (-4 sen to RM1.54), AMMB (-7 sen to RM4.32), MAXIS (-9 sen to RM6.19), ASTRO (-4 sen to RM2.91) and AXIATA (-7 sen to RM5.42). Market breadth was negative with 279 gainers as compared to 564 losers.
The day ended with the KLCI closing lower at 1670.55 points amid overnight losses in Wall Street as investors digested falling oil prices and looked ahead to Friday's jobs report.
Date As of: 01 September 2016
Description Volume Value Frequency
ETF 15,400 8,690,000 14
Stock 6,610,470,661 5,660,928,000,454 255,314
Warrant 9,085,900 673,690,900 115
Total 6,619,571,961 5,661,610,381,354 255,443
Type Buy Sell Net
Institution 5,297.87 5,483.42 -185.55
Proprietary 5,822.23 6,453.95 -631.72
Foreign 19,506.14 19,127.70 378.44
Individual 27,515.45 27,076.62 438.83
Total Trading Value 58,141.70 M.Baht
SE Asia Stocks-Fall ahead of U.S. jobs data; Indonesia down 1 pct
Southeast Asian stock markets fell on Thursday as investors adopted a wait-and-see approach ahead of the U.S. jobs report that could provide clues about the timing of a rate hike by the Federal Reserve.
U.S. nonfarm payrolls data due on Friday remained the key market focus after Fed Vice Chair Stanley Fischer said the data
would be a factor as to when the central bank raises interest rates.
"People are waiting for the data tomorrow.. Jobs data has been improving over the past few months... Don't see any reason
why it will reverse," said Joseph Roxas, president at Philippines-based Eagle Equities Inc.
Employers are expected to have added 180,000 jobs in August, according to the median estimate of 89 economists polled by
Indonesian shares .JKSE ended 1 percent lower after falling as much as 1.2 percent to their lowest in more than two
weeks, led by utilities and consumer cyclicals.
State-run gas distribution company PT Perusahaan Gas Negara PGAS.JK was the third biggest decliner after reporting a 33
percent drop in its January-June profit.
Foreigners are net selling Indonesian equities and that is why markets are down, said Taye Shim, head of research at Daewoo
Securities Indonesia, adding that this was likely to continue.
Philippine shares .PSI recovered from a two-month low hit earlier in the session to close marginally lower, their seventh
straight session of losses, with financials leading the losses.
SM Prime Holdings Inc SMPH.PS posted its biggest intraday percentage loss in more than three months.
Vietnam shares .VNI recorded their biggest intraday percentage loss in close to four weeks, while Singapore shares
.STI reversed earlier gains to close marginally lower.
Asian markets excluding Japan fell, with MSCI's broadest index .MIAPJ0000PUS down 0.3 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2816.47 2820.59 -0.15
Bangkok 1539.71 1548.44 -0.56
Manila 7773.31 7787.37 -0.18
Jakarta 5334.547 5386.082 -0.96
Kuala Lumpur 1670.55 1678.06 -0.45
Ho Chi Minh 669.19 674.63 -0.81
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.