ASEAN KEY DESTINATIONS
21 September 2016
The Straits Times Index (STI) ended 3.95 points or 0.14% lower to 2850.74, taking the year-to-date performance to -1.11%.
The top active stocks today were UOB, which declined 0.69%, Singtel, which gained 0.77%, DBS, which declined 0.46%, OCBC Bank, which gained 0.12% and HongkongLand USD, with a 1.01% advance.
The FTSE ST Mid Cap Index gained 0.12%, while the FTSE ST Small Cap Index rose 0.78%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 1.28%. The two biggest stocks of the Index - Midas Holdings and Halcyon Agri Corporation- ended 2.17% higher and remained unchanged respectively.
The underperforming sector was the FTSE ST Industrials Index, which slipped 1.23%. Jardine Matheson Holdings shares declined 3.04% and Jardine Strategic Holdings declined 1.33%.
The three most active Exchange Traded Funds (ETFs) by value today were:
SPDR Gold Shares (+0.41%)
DBXT MSCI Thailand TRN ETF (+1.43%)
DBXT Euro Stoxx 50 ETF (+0.70%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-1.87%)
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (unchanged)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB MB eCW170201 (-2.68%)
DBS MB eCW170201 (-1.75%)
DBS MB ePW170201 (+1.27%)
Singapore Stock Market
*ST Index 2,850.74 -3.95 2,854.69 +2.55
Volume: 1,525.7M 1,396.4M
Value: $944M $927.8M
Gainers/Losers: 221/150 178/204
Daily Market Commentary (Securities)
21 September 2016
The FBM KLCI index gained 2.95 points or 0.18% on Wednesday. The Finance Index fell 0.06% to 14221.95 points, the Properties Index up 0.33% to 1198.59 points and the Plantation Index rose 0.52% to 7875.59 points. The market traded within a range of 6.48 points between an intra-day high of 1659.21 and a low of 1652.73 during the session.
Actively traded stocks include CONNECT-PA, FGV-C15, FGV-C16, FGV, LIONDIV, AIRASIA, CONNECT, LIONCOR, MYEG-CY and MELEWAR. Trading volume increased to 1705.63 mil shares worth RM1881.95 mil as compared to Tuesday’s 1394.65 mil shares worth RM1701.92 mil.
Leading Movers were GENM (+19 sen to RM4.70), YTL (+4 sen to RM1.80), GENTING (+15 sen to RM8.05), TM (+12 sen to RM6.70) and PPB (+26 sen to RM16.16). Lagging Movers were BAT (-130 sen to RM48.80), AXIATA (-9 sen to RM5.30), IHH (-9 sen to RM6.49), HLFG (-12 sen to RM15.86) and MAYBANK (-4 sen to RM7.76). Market breadth was positive with 460 gainers as compared to 329 losers.
The KLCI closed higher at 1658.73 points amid overnight gains in Wall Street ahead of outcomes of meetings from US Federal Reserve later today.
Date As of: 21 September 2016
Description Volume Value Frequency
ETF 1,300 629,000 03
Stock 8,278,845,804 8,709,125,149,848 245,091
Right 6,101,200 6,101,200 26
Warrant 103,125,500 38,885,854,600 88
Total 8,388,073,804 8,748,017,734,648 245,208
As of 21 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,156.40 3,935.02 -778.62
Proprietary 8,103.96 5,322.50 2,781.46
Foreign 14,955.64 14,628.67 326.96
Individual 23,546.90 25,876.71 -2,329.81
Total Trading Value 49,762.90 M.Baht
SE Asia Stocks-Higher tracking Asian shares after BOJ overhauls monetary policy
Most Southeast Asian stock markets recovered from losses earlier in the day to end higher, echoing a surge in wider Asian stocks after the Bank of Japan said it would overhaul monetary policy and steepen the yield curve.
At a two-day rate review that ended on Wednesday, the BOJ abandoned its base money target and adopted "yield curve control" under which it will buy long-term government bonds to keep 10-year bond yields at current levels of around zero percent.
Earlier, Japanese stocks rallied, with the Nikkei .N225 and the Topix .TOPX indexes rising 1.9 percent and 2.7 percent, respectively, after the BOJ said 2.7 trillion yen ($26.60 billion) of its exchange traded fund purchases would be linked to the bank-heavy Topix index.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.7 percent.
We expect most Asian shares to keep climbing in the short-term, and the yen to continue falling after today's announcement, said Victor Felix, an analyst with AB Capital Securities Inc.
The yen recovered from lows on Wednesday, with investors sceptical about whether the Bank of Japan's latest measures will be enough to generate inflation. FRX/
Thai shares .SETI led the region, their sixth gain in seven sessions, with financials rising the most.
Siam Commercial Bank SCB.BK was up 1 percent.
Energy companies also rose after global oil prices jumped more than 1 percent, helped by a reported draw in U.S. crude inventories and a strike by oil services workers in Norway that threatened to impact output.
PTT PCL PTT.BK , Thailand's largest energy firm, climbed .2 percent.
Indonesia .JKSE closed 0.8 percent higher, buoyed by consumer discretionary and financial stocks.
Indonesia's central bank will likely cut its benchmark interest rate for the fifth time this year on Thursday to try to spur economic growth, a Reuters poll showed. urn:newsml:reuters.com:*:nL3N1BV1OX
Malaysia .KLSE was up slightly, with data on Wednesday showing inflation rose faster than expected in August and above the previous month's pace. urn:newsml:reuters.com:*:nL3N1BX18S
Vietnam .VNI rose 0.8 percent on gains in financial stocks.
Singapore .STI was down marginally, while Philippine shares .PSI ended flat.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2850.74 2854.69 -0.14
Bangkok 1487.17 1473.78 0.91
Manila 7675.42 7671.72 0.05
Jakarta 5342.592 5302.493 0.76
Kuala Lumpur 1658.73 1655.78 0.18
Ho Chi Minh 668.48 663.37 0.77