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Singapore

28 September 2017

The Straits Times Index (STI) ended 9.01 points or 0.28% lower to 3227.14, taking the year-to-date performance to +12.02%. For longer term observations please go to sgx.com/research.

The top active stocks today were DBS, which gained 0.10%, JMH USD, which gained 0.70%, OCBC Bank, which declined 0.53%, Singtel, which declined 1.08% and UOB, with a 0.76% fall.

The FTSE ST Mid Cap Index gained 0.11%, while the FTSE ST Small Cap Index declined 0.10%.

The three most active Exchange Traded Funds (ETFs) by value today were:

SPDR Gold Shares (-0.55%)

IS MSCI India (unchanged)

DBXT S&P500 ETF (+0.18%)

The three most active Real Estate Investment Trusts (REITs) by value were:

CapitaLand Commercial Trust (-1.50%)

Ascendas REIT (+0.38%)

CapitaLand Mall Trust (-0.99%)

The most active index warrants by value today were:

HSI27400MBePW171030 (+21.62%)

HSI27800MBeCW171030 (-25.44%)

HSI28200MBeCW171129 (-17.56%)

The most active stock warrants by value today were:

DBS MB eCW180226 (-1.68%)

UOB MB eCW180226 (-8.96%)

UOB MB eCW180115 (-12.50%)

Singapore Stock Market
                           Thursday                 Wednesday
*ST Index     3,227.14  -9.01        3,236.15  +24.11
Volume:              2,069.5M                   1,747.4M
Value:               $1,263.4M                 $1,079.4M
Gainers/Losers:     184/212                    237/170


Malaysia

Daily Market Commentary (Securities)
28 September 2017

The FBM KLCI index lost 6.18 points or 0.35% on Thursday. The Finance Index fell 0.46% to 16562.8 points, the Properties Index dropped 0.10% to 1235.86 points and the Plantation Index rose 0.33% to 7888.7 points. The market traded within a range of 9.12 points between an intra-day high of 1767.18 and a low of 1758.06 during the session.

Actively traded stocks include TIGER, PTRANS-WA, HUBLINE, HIBISCS, KNM, UMWOG-OR, NICORP, TRIVE, UMWOG and EAH. Trading volume increased to 2305.45 mil shares worth RM2188.63 mil as compared to Wednesday’s 2209.94 mil shares worth RM2155.69 mil.

Leading Movers were IOICORP (+7 sen to RM4.58), AXIATA (+3 sen to RM5.21), BAT (+20 sen to RM44.50), KLK (+6 sen to RM24.54) and PETCHEM (+1 sen to RM7.30). Lagging Movers were ASTRO (-10 sen to RM2.74), WPRTS (-12 sen to RM3.73), GENM (-10 sen to RM5.32), AMMB (-8 sen to RM4.31) and RHBBANK (-9 sen to RM5.03). Market breadth was negative with 328 gainers as compared to 506 losers.

The KLCI continued its losing streak and closed lower at 1758.06 points despite overnight gains in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as Astro, Westports Malaysia and Genting Malaysia.

 
Indonesia

Trade Summary
Date As of:     28 September 2017     
Description             Volume                              Value      Frequency
ETF                         459,600                   65,425,300                  32
Stock          10,493,030,570      7,073,464,322,447        324,248
Warrant              27,769,400              3,108,812,600            1,382
Total           10,521,259,570      7,076,638,560,347        325,662


Thailand

Trading Summary     
As of 28 September 2017    Unit: M.Baht
Type                          Buy             Sell               Net
Institution        6,363.02       7,521.35       -1,158.33
Proprietary      8,703.77        6,871.38        1,832.39
Foreign          18,476.03     21,331.75       -2,855.72
Individual      27,986.72     25,805.06         2,181.66
Total Trading Value     61,529.54 M.Baht

Asean

SE Asia Stocks-Decline as Trump tax plan hits sentiment


Southeast Asian stock markets, except Vietnam, slipped on Thursday, in line with regional currencies
and equities that lost their appeal after U.S. President Donald Trump's proposal for a tax overhaul lifted the dollar and bond yields.
    
Trump proposed on Wednesday the biggest tax reform in three decades, a plan that would also lower corporate and
small-business income tax rates, but could add trillions of dollars to the deficit.  

"Basically, today's story is depreciation in currencies - the Asian forex, due to a strong rise in the U.S. dollar," said
Rakpong Chaisuparakul, an analyst with Bangkok-based KGI Thailand.  
    
"Equity flow is slowing alongside the currencies, net foreign buying in most countries in Asia is slowing since
Tuesday."
    
The dollar index  .DXY , which measures the greenback against a basket of six major currencies, climbed to a one-month high, while the U.S. 10-year Treasury yield  US10YT=RR  rose to its highest since July 13.  
    
The dollar's strength also helped pull down Asian shares  .MIAPJ0000PUS  to one-month lows.
    
Asian currencies took a beating after Trump's tax proposal, with the Thai baht  THB=TH  and the Indonesian rupiah  IDR=   declining about half a percent on Thursday.
    
As well, foreign investors have sold shares worth about $700 million in Indonesia this month, and about $1 billion each in India and South Korea.  
    
In Southeast Asia, Philippine shares  .PSI  closed 0.8 percent lower on profit-booking, hit by industrials and
financials. The index touched a record high last week.
    
JG Summit Holdings  JGS.PS , the top loser, shed as much as 3.3 percent.
    
"It is still some profit-taking but I think this is a healthy correction and looking forward, a further advance in the
index could still be justified, particularly with our forecasted earnings growth for the year," said Jeffrey Lucero,
an equity research analyst with Manila-based RCBC Securities.  
    
Singapore  .STI  dropped 0.3 percent, dragged down by financials and telecom stocks.
    
Oversea-Chinese Banking Corp  OCBC.SI  snapped six straight sessions of gains to close 0.5 percent lower.  
    
The Thai index  .SETI  fell 0.2 percent, reversing early gains, as energy stocks and financials dropped.  
   
Oil and gas company PTT Pcl  PTT.BK  fell about 1 percent.  
    
Malaysia  .KLSE  and Indonesia  .JKSE  lost 0.4 percent each, while Vietnam  .VNI  rose slightly as consumer staples
gained, with beer maker Sabeco  SAB.HM  up 4.4 percent.
 
SOUTHEAST ASIAN STOCK MARKETS:
                       
 Market                    Current      Previous Close       Pct Move
 Singapore               3227.14              3236.15            -0.28
 Bangkok                 1666.36              1670.27            -0.23
 Manila                    8156.04               8221.92           -0.80
 Jakarta                    5841.047           5863.027           -0.37
 Kuala Lumpur        1758.06             1764.24             -0.35
 Ho Chi Minh            804.82                 803.77             0.13
                                                                            



 
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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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