ASEAN KEY DESTINATIONS
27 September 2016
The Straits Times Index (STI) ended 10.29 points or 0.36% higher to 2860.23, taking the year-to-date performance to -0.78%.
The top active stocks today were Singtel, which gained 0.76%, UOB, which gained 0.16%, DBS, which gained 0.66%, Ascendas REIT, which gained 0.81% and OCBC Bank, with a 0.59% advance.
The FTSE ST Mid Cap Index gained 0.42%, while the FTSE ST Small Cap Index declined 0.01%.
The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 2.16%. The two biggest stocks of the Index - Silverlake Axis and CSE Global- ended 2.31% higher and 2.44% higher respectively.
The underperforming sector was the FTSE ST Basic Materials Index, which slipped 6.63%. Midas Holdings shares gained 2.27% and Halcyon Agri Corporation declined 24.3%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+1.09%)
DBXT MSCI Indonesia ETF (+1.58%)
SPDR Gold Shares (-0.07%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+0.81%)
CapitaLand Mall Trust (unchanged)
CapitaLand Commercial Trust (+1.25%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (+2.78%)
UOB VT eCW170213 (+5.63%)
DBS VT eCW170213 (+3.25%)
Singapore Stock Market
*ST Index 2,860.23 +10.29 2,849.94 -7.01
Volume: 1,385.4M 1,251.6M
Value: $852.9M $662.4M
Gainers/Losers: 213/156 162/226
Daily Market Commentary (Securities)
27 September 2016
The FBM KLCI index lost 4.78 points or 0.29% on Tuesday. The Finance Index fell 0.57% to 14276.12 points, the Properties Index dropped 0.54% to 1205.6 points and the Plantation Index down 0.03% to 7961.44 points. The market traded within a range of 5.11 points between an intra-day high of 1666.69 and a low of 1661.58 during the session.
Actively traded stocks include SANICHI, HIAPTEK, CONNECT-PA, VIVOCOM, PERISAI, HSI-C36, TEKSENG, TOPGLOV-C6, HIAPTEK-WB and MNC. Trading volume decreased to 1487.49 mil shares worth RM1854.14 mil as compared to Monday’s 1639.46 mil shares worth RM1565.60 mil.
Leading Movers were AXIATA (+8 sen to RM5.45), YTL (+2 sen to RM1.80), BAT (+54 sen to RM50.12), MISC (+8 sen to RM7.60) and PETDAG (+8 sen to RM23.48). Lagging Movers were IHH (-12 sen to RM6.31), RHBBANK (-8 sen to RM4.70), GENTING (-12 sen to RM7.99), SIME (-11 sen to RM7.67) and MAYBANK (-10 sen to RM7.59). Market breadth was negative with 338 gainers as compared to 426 losers.
The KLCI tracked overnight losses in US market and closed lower at 1664.72 points as investors turned cautious ahead of OPEC meeting.
Date As of: 27 September 2016
Description Volume Value Frequency
ETF 26,700 17,037,800 10
Stock 7,759,640,524 10,797,122,390,332 278,750
Warrant 3,570,800 218,159,900 128
Total 7,763,238,024 10,797,357,588,032 278,888
As of 27 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 3,204.46 3,492.44 -287.98
Proprietary 5,803.83 3,784.22 2,019.60
Foreign 9,827.44 10,862.48 -1,035.04
Individual 15,812.73 16,509.32 -696.58
Total Trading Value 34,648.46 M.Baht
SE Asia Stocks-Indonesia hits over 4-wk high on rupiah surge
Indonesian stocks recouped early losses to hit their highest in more than four weeks on Tuesday after the rupiah IDR=ID surged to a 17-month peak on likely inflows from a tax amnesty programme.
The Indonesian currency hits its highest level since April 2015 on suspected inflows into the first phase of the country's
tax amnesty programme, where participants will be charged with the lowest fee and which ends on Sept. 30.
Risk appetite also improved after investors judged U.S. Democrat presidential runner Hillary Clinton the winner of the first debate with Republican opponent Donald Trump.
In signs that investors awarded the debate to Clinton, Asian shares recovered from an early bout of nerves, while most
regional currencies strengthened including the Philippine peso, which rebounded after hitting a 7-year low early in the day.
Basic materials and energy stocks led gains in Indonesia .JKSE with Vale Indonesia Tbk PT INCO.JK and J Resources Asia Pasifik Tbk PT PSAB.JK among the best performers.
"Trump is not very foreign-friendly," said Harry Su, an analyst with Jakarta-based Bahana Securities. A win for Hillary would benefit Southeast Asian countries, particularly Indonesia
because "we are basically Islamic-based," he added.
Trump is seen as negative for emerging Asian countries as he is perceived to be more protectionist on international trade, vowing to renegotiate some trade agreements.
Singapore shares .STI closed higher with blue-chips such as Singapore Airlines SIAL.SI and Singapore Telecommunications Ltd STEL.SI among the top gainers.
Philippine stocks .PSI fell for the third straight session, dragged down by consumer non-cyclicals and financial stocks. JG Summit Holdings Inc JGS.PS and BDO Unibank Inc BDO.PS were among the top losers.
Vietnam stocks .VNI closed up over 1 percent, driven by gains in financials and energy sector.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 2860.23 2849.94 0.36
Bangkok 1489.39 1490.14 -0.05
Manila 7557.34 7632.46 -0.98
Jakarta 5419.604 5352.139 1.26
Kuala Lumpur 1664.72 1669.5 -0.29
Ho Chi Minh 684.89 677.04 1.16