ASEAN KEY DESTINATIONS
20 September 2016
The Straits Times Index (STI) ended 2.55 points or 0.09% higher to 2854.69, taking the year-to-date performance to -0.97%.
The top active stocks today were UOB, which gained 0.90%, Singtel, which declined 1.26%, DBS, which gained 0.53%, OCBC Bank, which declined 0.12% and CapitaLand, with a 1.27% fall.
The FTSE ST Mid Cap Index gained 0.14%, while the FTSE ST Small Cap Index declined 0.27%.
The outperforming sectors today were represented by the FTSE ST Industrials Index, which rose 1.17%. The two biggest stocks of the Index - Jardine Matheson Holdings and Jardine Strategic Holdings – ended 2.63% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 1.58%. Midas Holdings shares declined 2.13% and Halcyon Agri Corporation declined 0.67%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (-0.02%)
DBXT MSCI Thailand TRN ETF (-0.86%)
DBXT Euro Stoxx 50 ETF (-0.40%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.42%)
CapitaLand Mall Trust (+1.42%)
Mapletree GCC Trust (-0.92%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+3.64%)
UOB VT eCW170213 (+3.47%)
DBS VT eCW170213 (+3.18%)
Singapore Stock Market
*ST Index 2,854.69 +2.55 2,852.14 +24.69
Volume: 1,396.4M 1,484M
Value: $927.8M $748.4M
Gainers/Losers: 178/204 212/143
Daily Market Commentary (Securities)
20 September 2016
The FBM KLCI index gained 4.07 points or 0.25% on Tuesday. The Finance Index increased 0.23% to 14229.79 points, the Properties Index dropped 0.30% to 1194.65 points and the Plantation Index rose 0.02% to 7835.12 points. The market traded within a range of 11.73 points between an intra-day high of 1656.91 and a low of 1645.18 during the session.
Actively traded stocks include DRBHCOMC20, LIONDIV, AIRASIA, IRIS, HSI-C36, DRBHCOMC23, DRBHCOMC19, LIONCOR, MYEG and DRBHCOM. Trading volume increased to 1394.65 mil shares worth RM1701.92 mil as compared to Monday’s 1147.30 mil shares worth RM1440.34 mil.
Leading Movers were AXIATA (+12 sen to RM5.39), HLFG (+34 sen to RM15.98), BAT (+86 sen to RM50.10), ASTRO (+5 sen to RM2.93) and PETCHEM (+10 sen to RM6.60). Lagging Movers were GENM (-10 sen to RM4.51), TM (-12 sen to RM6.58), RHBBANK (-3 sen to RM4.68), PPB (-10 sen to RM15.90) and MISC (-4 sen to RM7.46). Market breadth was negative with 344 gainers as compared to 418 losers.
The KLCI erased its mid-day losses by ending higher at 1655.78 points despite overnight losses in Wall Street. The performance of our local bourse was buoyed by bargain-hunting.
Date As of: 20 September 2016
Description Volume Value Frequency
ETF 6,600 3,144,400 11
Stock 8,117,101,197 6,536,270,254,991 262,335
Right 1,822,800 1,822,800 16
Warrant 12,231,950 4,092,707,264 149
Total 8,131,162,547 6,540,367,929,455 262,511
As of 20 September 2016 Unit: M.Baht
Type Buy Sell Net
nstitution 2,196.32 3,793.34 -1,597.03
Proprietary 5,034.32 6,728.29 -1,693.96
Foreign 15,616.26 13,840.41 1,775.85
Individual 26,347.13 24,831.99 1,515.14
Total Trading Value 49,194.03 M.Baht
SE Asia Stocks-Mixed as investors await BOJ, Fed decisions
Southeast Asian markets ended mixed on Tuesday as uncertainty over policy moves by the U.S. Federal Reserve and the Bank of Japan kept investors on the sidelines.
The Federal Open Market Committee is expected to stand pat on interest rates, while the BOJ is expected to make crucial changes to its easing programme.
A Reuters poll of economists found on Tuesday that the BOJ is expected to further ease its ultra-loose policies at this
week's meeting, as it struggles to overcome chronic stagnation and quell speculation that it is running out of options.
Economists were largely split over whether the BOJ's next move would be to cut its negative interest rate even deeper, or
to ramp up or recalibrate its asset purchase programme, or even do both.
Statements from the central bank's officials also suggested that there is room to cut interest rates further, despite
criticism that they are hurting financial institutions and even damaging economic sentiment, adding to the speculation that the
BOJ will in fact take easing measures.
"Given monetary easing is the current consensus, no actions from BOJ might lead to further disappointment after the European
Central Bank's disappointing rate decision," Daewoo Securities analyst Taye Shim said in a note.
Investors will maintain a wait-and-see stance, and will follow Wall Street movements closely, said Grace Aller of AP
Securities in Manila.
Thai shares .SETI extended their morning losses to snap five sessions of gains, underperforming other markets in the region.
Financials led losses, with Siam Commercial Bank SCB.BK shedding 1.3 percent.
Energy stocks, Thailand's third largest sector by market value, also dropped on a decline in global oil prices after Venezuela said global supplies needed to fall by 10 percent in order to bring production down to consumption levels.
Vietnam .VNI reversed its morning losses and ended 0.8 percent higher, extending yesterday's gain, with utilities supporting the uptrend.
Philippine shares .PSI extended morning session gains to end 1.3 percent higher, supported by financials.
SM Prime Holdings SMPH.PS advanced 3.2 percent.
A Reuters poll showed the Philippine central bank is expected to keep its benchmark interest rate steady on Thursday.
The poll also showed that if inflation picks up and the U.S. Fed tightens its policy, the Philippine central bank may turn hawkish next year.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 2854.69 2852.14 0.09
Bangkok 1473.78 1492.73 -1.27
Manila 7671.72 7575.84 1.27
Jakarta 5302.493 5321.841 -0.36
Kuala Lumpur 1655.78 1651.71 0.25
Ho Chi Minh 663.37 657.89 0.83