ASEAN KEY DESTINATIONS
08 September 2016
The Straits Times Index (STI) ended 0.83 points or 0.03% higher to 2894.48, taking the year-to-date performance to +0.41%.
The top active stocks today were UOB, which gained 0.54%, Singtel, which gained 0.74%, DBS, which closed unchanged, OCBC Bank, which gained 0.34% and ThaiBev, with a 3.59% fall.
The FTSE ST Mid Cap Index gained 0.35%, while the FTSE ST Small Cap Index rose 0.64%.
The outperforming sectors today were represented by the FTSE ST Oil & Gas Index, which rose 1.58%. The two biggest stocks of the Index - Keppel Corp and Sembcorp Industries- ended 1.48% higher and 0.74% lower respectively.
The underperforming sector was the FTSE ST Consumer Goods Index, which slipped 1.32%. Wilmar International shares gained 0.63% and Thai Beverage declined 3.59%.
The three most active Exchange Traded Funds (ETFs) by value today were:
IS MSCI India (unchanged)
SPDR Gold Shares (-0.11%)
DBXT MSCI Asia Ex Japan ETF (+0.58%)
The three most active Real Estate Investment Trusts (REITs) by value were:
CapitaLand Mall Trust (-1.38%)
Ascendas REIT (unchanged)
CapitaLand Commercial Trust (+1.86%)
The most active index warrants by value today were:
The most active stock warrants by value today were:
DBS MB eCW170201 (-2.84%)
UOB MB eCW170201 (+0.93%)
OCBC Bk VTeCW170213 (unchanged)
Singapore Stock Market
*ST Index 2,894.48 +0.83 2,893.65 -2.9
Volume: 1,535.6M 1,283.6M
Value: $1,010.6M $947.8M
Gainers/Losers: 216/172 197/172
Daily Market Commentary (Securities)
08 September 2016
The FBM KLCI index gained 1.81 points or 0.11% on Thursday. The Finance Index increased 0.09% to 14564.21 points, the Properties Index up 0.19% to 1208.95 points and the Plantation Index rose 0.49% to 7883.83 points. The market traded within a range of 5.75 points between an intra-day high of 1692.12 and a low of 1686.37 during the session.
Actively traded stocks include SANICHI, M3TECH-WA, NWP, DNEX-WD, DNEX, CENTURY, XINGHE-WA, SKPETROC25, KRONO and VIVOCOM. Trading volume increased to 1693.32 mil shares worth RM1577.44 mil as compared to Wednesday’s 1565.07 mil shares worth RM1578.42 mil.
Leading Movers were KLCC (+20 sen to RM7.83), SKPETRO (+4 sen to RM1.61), GENTING (+15 sen to RM8.13), ASTRO (+3 sen to RM2.93) and IOICORP (+3 sen to RM4.48). Lagging Movers were HLFG (-24 sen to RM15.64), GENM (-6 sen to RM4.52), WPRTS (-3 sen to RM4.42), SIME (-4 sen to RM7.86) and HLBANK (-4 sen to RM13.16). Market breadth was positive with 402 gainers as compared to 374 losers.
The KLCI closed higher at 1691.38 points despite overnight flat performance in US market. The performance of our local bourse was mainly lifted by buying interest in heavy weight counters such as Sapurakencana Petroleum, Genting and IOI Corp.
Date As of: 08 September 2016
Description Volume Value Frequency
ETF 91,400 41,882,500 15
Stock 5,121,459,286 5,573,262,482,938 266,147
Warrant 5,084,800 143,964,400 717
Total 5,126,635,486 5,573,448,329,838 266,879
As of 5 September 2016 Unit: M.Baht
Type Buy Sell Net
Institution 5,415.74 8,654.84 -3,239.10
Proprietary 9,883.75 9,735.30 148.45
Foreign 26,644.26 26,018.12 626.15
Individual 39,699.12 37,234.62 2,464.50
Total Trading Value 81,642.89 M.Baht
SE Asia Stocks-Cautious ahead of ECB meet; Thailand falls more than 2 pct
Most Southeast Asian stock markets were sluggish on Thursday, with Thailand falling more than 2 percent, as investors waited for a crucial European Central Bank meeting later in the day for clues regarding its monetary policy.
Nearly all analysts polled by Reuters expect ECB rates to remain unchanged, though there is speculation that President Mario Draghi will announce an extension of its 80 billion euro of monthly asset buys.
Investors also shrugged off data showing China's August exports fell less than markets had expected, while imports unexpectedly expanded for the first time in nearly two years.
Thai shares .SETI ended down 2.1 percent, their lowest close in two months. Siam Commercial Bank Pcl SCB.BK lost 1.3 percent, while Siam Cement Pcl SCC.BK was down 1.5 percent.
Boost from ECB (meet) and Chinese data may not be that beneficial for the Thai market in the near term as local factors might trigger a correction, said Rakpong Chaisuparakul, an analyst with KGI Securities Thailand.
"Thailand may continue to underperform in the near term," he said.
Vietnam shares .VNI closed 0.7 percent higher, snapping four sessions of losses. Utilities and healthcare stocks led the index with Petrovietnam Gas Joint Stock Corp GAS.HM rising 2.4 percent and Dhg Pharmaceutical Joint-Stock Co DHG.HM gaining 3
The Vietnamese market has not been following the regional trend over the last few days with some buying opportunities emerging during the day, said Fiachra MacCana, head of research at Ho Chi Minh Securities.
"The underlying trend is unclear with the market bumping into stiff resistance at higher price points," MacCana said.
Philippine shares .PSI closed 0.6 percent higher, after falling to its lowest in more than 2 months in early trade.
Financials and telecom stocks led the gainers with Ayala Land Inc ALI.PS rising 0.7 percent, while PLDT Inc TEL.PS was up 3.2 percent.
Singapore .STI was flat, while Indonesian shares .JKSE fell marginally.
As of 0940 GMT, broader Asian shares were up marginally, with MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gaining 0.2 percent.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev close Pct Move
Singapore 2894.48 2893.65 0.03
Bangkok 1455.38 1487.2 -2.14
Manila 7667.07 7619.1 0.63
Jakarta 5371.078 5381.354 -0.19
Kuala Lumpur 1691.38 1689.57 0.11
Ho Chi Minh 666.07 661.28 0.72
Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.