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Singapore

Singapore Stock Market
                              Friday                       Thursday
*ST Index     3,217.68  +37.25         3,180.43  +3.86
Volume:               1,628.3M                  1,649.4M
Value:                 $1,713.8M                  $926.7M
Gainers/Losers:      261/156                    180/184


Malaysia

Daily Market Commentary (Securities)
21 September 2018

The FBM KLCI index gained 6.94 points or 0.38% on Friday. The Finance Index increased 0.35% to 17968.66 points, the Properties Index up 0.40% to 1000.58 points and the Plantation Index down 0.23% to 7552.19 points. The market traded within a range of 4.09 points between an intra-day high of 1813.53 and a low of 1809.44 during the session.

Actively traded stocks include SAPNRG, DIALOG, MAYBANK, MYEG, HSI-H4O, LIONIND, VELESTO, LAYHONG-WA, HSI-C3P and CIMB. Trading volume increased to 2068.43 mil shares worth RM3612.76 mil as compared to Thursday’s 1940.22 mil shares worth RM2022.60 mil.

Leading Movers were GENM (+15 sen to RM5.04), PMETAL (+14 sen to RM5.03), TM (+8 sen to RM3.21), IHH (+8 sen to RM5.24) and AXIATA (+5 sen to RM4.68). Lagging Movers were IOICORP (-11 sen to RM4.48), KLCC (-7 sen to RM7.72), TENAGA (-8 sen to RM15.68), RHBBANK (-0 sen to RM5.45) and MAYBANK (-0 sen to RM9.79). Market breadth was positive with 477 gainers as compared to 389 losers.

The KLCI closed higher at 1810.64 points amid overnight gains in US market. The performance of our local bourse was lifted by buying interest in heavy weight counter such as Genting Malaysia, Press Metal and Telekom Malaysia.
 
 Indonesia

 Trading Summary

Date : Friday, 21-Sep-2018
Description      Volume (Shares/Unit)         Value (Rupiah)        Frequency
ETF                                   346,500                     40,063,900                    29
Stock                     11,984,305,338       10,911,204,254,528            380,966
Warrant                        59,458,800                8,076,662,600                   617
Total                      12,044,110,638       10,919,320,981,028            381,612

Thailand

Trading Summary     
As of 21 September 2018    Unit: M.Baht
Type                         Buy                 Sell                  Net
Institution         7,780.67           7,127.82            652.85
Proprietary      10,695.57          8,657.57          2,038.01
Foreign           31,145.52         31,742.53           -597.00
Individual       28,970.85         31,064.70        -2,093.85
Total Trading Value     78,592.62 M.Baht

Asean

SE Asia Stocks-Philippines surges most in 32 months on report China plans import tariff cuts


* Most markets rise as trade war concerns fade
    
* Singapore, Indonesia climb for third session

  By Sumeet Gaikwad

    Sept 21 (Reuters) - Philippine shares jumped 3.5 percent on Friday, the most in 32 months, following a report that China plans to reduce the average tariff rate on imports from most of its trading partners as soon as October.
    
The move was in line with Beijing's pledge to its trading partners, including the United States, that it would take
measures to further increase imports, Bloomberg reported on Thursday without specifying the countries which would enjoy lower Chinese tariffs.  
    
"This would trim the impact of a possible blowout of the U.S.-China trade war on global trade. So, the positive outlook benefited emerging markets," said Fio De Jesus, an analyst with Manila-based RCBC Securities.
    
Sentiment was also upbeat as broader Asia extended gains on views that fresh U.S. and Chinese tariffs on reciprocal imports may be less harsh than feared.  

The Philippine Stock Exchange PSEi Index  .PSI  posted its sharpest daily gain since January 2016, after shedding 3.8 percent in the previous three sessions.
    
Financials and industrials led the rally with BDO Unibank  BDO.PS  and SM Investments Corp  SM.PS  gaining 7.6 percent and 3.5 percent, respectively.
    
Meanwhile, most other Southeast Asian stock markets also rose. Singapore shares  .STI  added 1.2 percent, extending gains into a third session and posting their highest close in three weeks.
    
Index heavyweights DBS Group Holdings  DBSM.SI  and United Overseas Bank  UOBH.SI  jumped 3.2 percent and 1.4 percent, respectively.
    
Indonesian shares closed higher for a third session in a row and posted their highest close in over two weeks.
    
Financials led the gains with Bank Negara Indonesia  BBNI.JK  rising 4.8 percent, while Bank Mandiri  BMRI.JK
gained 2.6 percent.
    
An index of the country's 45 most liquid stocks climbed 0.5 percent.
    
Thai shares  .SETI  closed marginally higher, while Malaysia  rose 0.4 percent. Vietnam shares  .VNI  fell marginally, but did not see any significant moves following President Tran Dai Quang's death. 

For the week, Singapore shares advanced 1.8 percent,Indonesia gained 0.4 percent and Thailand jumped 2 percent,
while Philippine stocks declined 0.4 percent.  

SOUTHEAST ASIAN STOCK MARKETS
    
 Market             Current          Previous close     Pct Move
 Singapore         3217.68              3180.43              1.17
 Bangkok           1756.12              1752.11              0.23
 Manila              7383                   7134.73              3.48
 Jakarta               5957.744           5931.266            0.45
 Kuala Lumpur  1810.64              1803.7                0.38
 Ho Chi Minh    1002.97              1004.74             -0.18
                                                                           



  Today's  Stories                      September 21, 2018 
• Government expects to name operators of 7 blocks in November
• Canadia sets aside $150M for SMEs Subcribe: Asean Affairs Global Magazine
• Government cancels import of 600,000 tons of rice Subsribe Now !
 • PM calls for Kingdom to diversify economy
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• China, Myanmar vow to boost Belt and Road cooperation 
Asean Stock Watch   September 21,  2018

• Asean Stock Watch-September 21, 2018
Asean Analysis                June 15,  2018
• Asean Analysis June  11, 2018
Inflation may yet peak —Diokno
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ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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