ASEAN KEY DESTINATIONS
30 September 2016
The Straits Times Index (STI) ended 16.24 points or 0.56% lower to 2869.47, taking the year-to-date performance to -0.46%.
The top active stocks today were DBS, which declined 0.58%, Singtel, which declined 1.24%, UOB, which declined 0.69%, OCBC Bank, which declined 0.35% and CapitaLand, with a 0.62% fall.
The FTSE ST Mid Cap Index declined 0.44%, while the FTSE ST Small Cap Index declined 0.66%.
The outperforming sectors today were represented by the FTSE ST Basic Materials Index, which rose 1.04%. The two biggest stocks of the Index - Midas Holdings and Halcyon Agri Corporation – ended 2.22% higher and 0.90% lower respectively.
The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.11%. Singtel shares declined 1.24% and StarHub declined 0.29%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (+1.66%)
DBXT MSCI Indonesia ETF (-2.26%)
DBXT MSCI World TRN ETF (-2.32%)
The three most active Real Estate Investment Trusts (REITs) by value were:
Ascendas REIT (+1.61%)
CapitaLand Mall Trust (unchanged)
CapitaLand Commercial Trust (-1.85%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (-5.79%)
UOB MB eCW170201 (-5.66%)
KepCorp MB eCW161205 (-0.92%)
Singapore Stock Market
*ST Index 2,869.47 -16.24 2,885.71 +27.7
Volume: 1,439M 1,520.7M
Value: $1,088.6M $867.9M
Gainers/Losers: 125/247 239/144
Daily Market Commentary (Securities)
30 September 2016
The FBM KLCI index lost 17.09 points or 1.02% on Friday. The Finance Index fell 1.34% to 14158.29 points, the Properties Index dropped 0.89% to 1204.2 points and the Plantation Index down 0.49% to 7920.1 points. The market traded within a range of 17.30 points between an intra-day high of 1669.85 and a low of 1652.55 during the session.
Actively traded stocks include HIAPTEK, LIONCOR, SUMATEC, REACH-WA, HSI-C36, NETX, HIAPTEK-WB, SKPETRO, AAX-CX and BORNOIL. Trading volume decreased to 1749.43 mil shares worth RM2185.54 mil as compared to Thursday’s 1839.24 mil shares worth RM1739.27 mil.
Leading Movers were PETDAG (+4 sen to RM23.50), HLBANK (+2 sen to RM13.12), HAPSENG (+0 sen to RM7.70), IHH (+0 sen to RM6.33) and SKPETRO (+0 sen to RM1.57). Lagging Movers were HAPSENG (-0 sen to RM7.70), RHBBANK (-20 sen to RM4.65), AXIATA (-20 sen to RM5.22), ASTRO (-10 sen to RM2.73) and BAT (-144 sen to RM49.14). Market breadth was negative with 230 gainers as compared to 586 losers.
The KLCI plunged to 1652.55 points amid overnight losses in US market. The performance of our local bourse was in line with our regional peers as investors raised concerns over Deutche Bank AG’ finances.
Date As of: Friday, September 30, 2016
Description Volume Value Frequency
ETF 55,600 26,112,700 34
Stock 9,413,132,585 8,995,216,674,271 263,703
Right 30,437,230 34,830,430 54
Warrant 654,301,017 49,831,716,189 145
Total 10,097,926,432 9,045,109,333,590 263,936
As of 13 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 4,924.71 4,132.45 792.26
Proprietary 4,618.77 4,929.23 -310.46
Foreign 12,749.08 13,306.61 -557.52
Individual 17,694.36 17,618.63 75.73
Total Trading Value 39,986.91 M.Baht
SE Asia Stocks-Down; Indonesia falls on cigarette tax hike concerns
Southeast Asian stocks ended lower on Friday with Indonesia posting its biggest intraday percentage loss in over two weeks as the announcement of a tax hike on cigarettes weighed on tobacco companies.
Indonesia's finance minister on Friday said the government would raise the excise tax on cigarettes by an average of 10.5 percent next year, and also intensify its crackdown on the illegal circulation of cigarettes.
The Jakarta Composite Index .JKSE ended down 1.24 percent, led by falls in major cigarette makers PT Hanjaya Mandala
Sampoerna Tbk HMSP.JK and PT Gudang Garam Tbk GGRM.JK . The index fell 0.45 percent on the week.
A decline in oil prices and concerns over German lender Deutsche Bank spooked investors in regional markets, with financial and energy stocks losing ground.
Singapore shares .STI finished lower, but gained 0.44 percent on the week. Blue-chips Singapore Telecommunications Ltd
STEL.SI and Singapore Airlines Ltd SIAL.SI were among the top losers on the index.
A weak peso pushed down Philippine stocks .PSI , which closed over 1 percent lower led by losses in telecom and consumer non-cyclicals. The index also posted its biggest
quarterly percentage loss in a year.
The Philippine peso in September saw its steepest monthly drop in 16 years as concerns grew that President Duterte's policies may keep driving foreign investors out of the country.
"Investors are concerned about this headline-grabbing rhetoric from the president. They are looking for buzz words like growth and economic development," said Victor Felix, an analyst with AB Capital Securities in Manila.
"I project that this weakness in the peso will continue," he added.
Malaysian stocks .KLSE closed 1 percent lower, dragged down by financials and consumer cyclicals, while Vietnam snapped a nine-day winning streak to end down 0.41 percent, but gained 1.7 percent on the week.
SOUTHEAST ASIAN STOCK MARKETS
Market Current previous Pct Move
Singapore 2869.47 2885.71 -0.56
Bangkok 1483.21 1491.43 -0.55
Manila 7629.73 7714.86 -1.10
Jakarta 5364.804 5431.957 -1.24
Kuala Lumpur 1652.55 1669.64 -1.02
Ho Chi Minh 685.73 688.55 -0.41