ASEAN KEY DESTINATIONS
22 September 2016
The Straits Times Index (STI) ended 4.68 points or 0.16% lower to 2846.06, taking the year-to-date performance to -1.27%.
The top active stocks today were Singtel, which closed unchanged, DBS, which gained 0.26%, Ascendas REIT, which gained 1.24%, UOB, which gained 0.05% and ComfortDelGro, with a 0.71% fall.
The FTSE ST Mid Cap Index gained 0.57%, while the FTSE ST Small Cap Index rose 0.17%.
The outperforming sectors today were represented by the FTSE ST Real Estate Investment Trusts Index, which rose 0.93%. The two biggest stocks of the Index – CapitaLand Mall Trust and Ascendas REIT – ended 0.95% higher and 1.24% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 2.63%. Midas Holdings shares declined 4.26% and Halcyon Agri Corporation remained unchanged.
The three most active Exchange Traded Funds (ETFs) by value today were:
DBXT MSCI Singapore IM ETF (unchanged)
IS MSCI India (+1.50%)
SPDR Gold Shares (+0.85%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.24%)
CapitaLand Mall Trust (+0.95%)
CapitaLand Commercial Trust (+1.27%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
UOB VT eCW170213 (-1.72%)
DBS MB eCW170201 (unchanged)
DBS VT eCW170213 (-3.79%)
Singapore Stock Market
*ST Index 2,846.06 -4.68 2,850.74 -3.95
Volume: 1,071.3M 1,525.7M
Value: $754.2M $944M
Gainers/Losers: 199/148 221/150
Daily Market Commentary (Securities)
22 September 2016
The FBM KLCI index gained 10.93 points or 0.66% on Thursday. The Finance Index increased 0.59% to 14305.73 points, the Properties Index up 1.01% to 1210.7 points and the Plantation Index rose 0.86% to 7943.14 points. The market traded within a range of 9.13 points between an intra-day high of 1670.34 and a low of 1661.21 during the session.
Actively traded stocks include SCBUILD, SANICHI, UEMS-C28, FGV-C15, BORNOIL, UEMS, DNEX-WD, MBSB, FGV and FGV-C16. Trading volume increased to 2114.68 mil shares worth RM2233.71 mil as compared to Wednesday’s 1705.63 mil shares worth RM1881.95 mil.
Leading Movers were DIGI (+18 sen to RM5.04), BAT (+120 sen to RM50.00), AXIATA (+11 sen to RM5.41), SIME (+14 sen to RM7.89) and TM (+10 sen to RM6.80). Lagging Movers were GENM (-13 sen to RM4.57), IHH (-12 sen to RM6.37) and KLCC (-5 sen to RM7.75). Market breadth was positive with 529 gainers as compared to 313 losers.
The KLCI ended the day with a positive note, closed higher at 1669.66 points amid overnight gains in Wall Street after the US Federal Reserve left interest rates unchanged.
Date As of: 22 September 2016
Description Volume Value Frequency
ETF 788,300 456,885,000 30
Stock 7,081,982,015 7,087,334,439,715 259,079
Right 3,200,000 3,200,000 08
Warrant 10,916,000 3,947,093,900 69
Total 7,096,886,315 7,091,741,618,615 259,186
As of 22 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,401.69 3,288.86 1,112.83
Proprietary 6,767.81 5,261.07 1,506.74
Foreign 14,565.86 12,558.51 2,007.34
Individual 20,724.36 25,351.27 -4,626.91
Total Trading Value 46,459.72 M.Baht
SE Asia Stocks-Higher as U.S. Fed keeps interest rates steady
Most Southeast Asian stock markets closed higher on Thursday, tracking broader Asian peers, after the U.S. Federal Reserve left interest rates unchanged although it strongly signalled it could tighten monetary policy by year-end.
The Fed also projected a less aggressive rise in interest rates next year and in 2018, and cut its longer-run interest rate forecast to 2.9 percent from 3.0 percent.
"It (Fed's decision) is good for emerging markets in the short-term. December is going to be challenging," said Mikey Macainag, an analyst with the Manila-based Sunsecurities Inc.
Taye Shim, an analyst with the Jakarta-based Daewoo Securities, said in a note that the Fed decision to hold rates, coupled with monetary easing by the Bank of Japan, should lift short-term uncertainties and lead to a relief rally.
On Wednesday, the BOJ abandoned its base money target and set a "yield curve control" under which it will buy long-term government bonds to keep 10-year bond yields around their current zero percent.
Thai shares .SETI hit a three-week closing high, driven by consumer non-cyclicals, industrial and financial stocks.
Bank of Ayudhya BAY.BK was up 2.74 percent, while oil conglomerate PTT Pcl PTT.BK rose 1.2 percent.
Philippine shares .PSI climbed for a fourth straight session, led by financials and industrials.
Metro Pacific Investments Corp MPI.PS was up 3.5 percent.
The Philippine central bank left its benchmark interest rate unchanged at 3.0 percent on Thursday, expecting inflation to remain subdued.
Indonesian shares .JKSE rose 0.7 percent, with Bank Mandiri BMRI.JK up 2.4 percent.
Indonesia's central bank on Thursday cut its benchmark interest rate for the fifth time this year, in line with expectations.
Malaysian shares .KLSE ended 0.7 percent higher, while Vietnam gained about 0.4 percent.
Singapore .STI however ended marginally lower after gaining nearly 1 percent earlier in the session, ahead of August inflation data due on Friday.
Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up 1.2 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Previous Pct Move
Singapore 2846.06 2850.74 -0.16
Bangkok 1505.99 1487.17 1.27
Manila 7762.35 7675.42 1.13
Jakarta 5380.262 5342.592 0.71
Kuala Lumpur 1669.66 1658.73 0.66
Ho Chi Minh 671.38 668.48 0.43